India Takes Action: Nine Offshore Exchanges, Including Binance, Receive Compliance Notices

India issues compliance notices to nine offshore exchanges including Binance India’s Finance Ministry takes action In a recent development, India’s Finance Ministry has issued compliance show-cause notices to nine major offshore cryptocurrency exchanges, including Binance and Kucoin, for violations of the Prevention of Money Laundering Act (PMLA). This move comes as part of the government’s…

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Meet Don Daigler: The Experienced Leader Taking Charge of CenterPoint Energy’s Emergency Preparedness and Response Team

Additional Senior Leadership Team Hire Highlights CenterPoint Energy’s Commitment to Emergency Preparedness Introduction CenterPoint Energy announced the hiring of a new senior leader with industry experience in emergency management to enhance its Emergency Preparedness and Response strategy. This move signifies the company’s dedication to improving emergency coordination following Hurricane Beryl and fulfills one of the…

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Unlocking the Mystery: Bitcoin Difficulty Decreases Slightly as Mining Capitulation Nears its End

Unlocking the Mystery: Bitcoin Difficulty Decreases Slightly as Mining Capitulation Nears its End Quick Take According to Newhedge, Bitcoin’s latest difficulty adjustment is -0.049%, slightly less than the previous adjustment of -0.78%. Since the halving event on April 20, there have been three negative adjustments but only one significant drop of over 5%. The current…

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Breaking News: PBOC Sets Today’s USD/CNY Reference Rate at 7.1091 – What Does This Mean for the Forex Market?

The People’s Bank of China Sets Onshore Yuan Reference Rate Understanding USD/CNY and USD/CNH The People’s Bank of China has set the onshore yuan (CNY) reference rate for the trading session ahead. When it comes to trading the Chinese yuan, it’s important to distinguish between USD/CNY and USD/CNH. USD/CNY refers to the onshore yuan, which…

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