# Binance to shut down crypto derivatives trading in Europe

# Binance to shut down crypto derivatives trading in Europe

“# Binance to shut down crypto derivatives trading in Europe ” Troubled global cryptocurrency exchange Binance continues moving fast in curbing services to respond to the ongoing regulatory scrutiny worldwide, partly shutting down derivatives trading. Binance officially announced Friday that it would suspend its derivatives trading across the European region, starting with Germany, Italy and…

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# FinCEN’s new digital currency advisor says crypto’s ‘just another means of payment’

# FinCEN’s new digital currency advisor says crypto’s ‘just another means of payment’

“# FinCEN’s new digital currency advisor says crypto’s ‘just another means of payment’ ” Michele Korver, the first-ever chief digital currency advisor for the Financial Crimes Enforcement Network’s (FinCEN), believes crypto assets are just another way of transferring value. Speaking to Law360 on July 29, the newly appointed Korver said cryptocurrency was “just another means…

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# IMF intends to ‘ramp up’ digital currency monitoring

# IMF intends to ‘ramp up’ digital currency monitoring

“# IMF intends to ‘ramp up’ digital currency monitoring ” The International Monetary Fund, or IMF, plans to “step up” its monitoring of digital currencies, according to a report by Reuters. This intent, as published in an IMF paper Thursday, details how the fund plans to “manage this far-reaching and complex transition” toward a digitized economy. “Rapid technological…

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