Financial News

A Montenegro court approved the extradition of cryptocurrency entrepreneur Do Kwon, Friday, leaving the justice minister to decide whether he will be handed over to Korea or the United States, who both want him.

Christine Lagarde says her son lost nearly all of his investments in cryptocurrencies, despite her many warnings Read Full Article at RT.com

Outflows from Binance have exceeded $1 billion since its CEO stepped down and pleaded guilty in a deal with the US government Read Full Article at RT.com

Bankman-Fried, who is scheduled to be sentenced in March, has been holed up at the Metropolitan Detention Center since August.

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Asia stocks hold recent gains on Thursday with markets holding onto their gains for the week as confidence grows that interest rates globally will head lower next year.

The South African rand slipped on Tuesday after mixed local economic data, ahead of inflation figures and an interest rate decision this week.

Several major cryptocurrency exchanges—including Binance, Kraken and Coinbase—faced scrutiny from regulators this year as officials crack down on the crypto market.

Binance failed to safeguard against suspicious transactions with Hamas, the Treasury Department alleged.