Sinaloa Cartel is sanctioned by the US for cryptocurrency laundering

Those accused converted cash from drug sales into crypto assets and sent them to Mexico. The Treasury collaborated with different entities, such as Chainalysis, to confirm money laundering. The Office of Foreign Assets Control (OFAC) of the United States Department of the Treasury sanctioned more than a dozen people and companies linked to the Mexican … Read more

Trump escalates pressure on Cuba as US charges Raul Castro with murder

The ​United States announced murder charges against former Cuban President Raúl Castro on Wednesday, a major escalation in Washington’s pressure campaign against the island’s communist government. The indictment marks a new low in relations between the longtime Cold War rivals and comes as US President Donald Trump is pushing for regime change in Cuba, where … Read more

Binance launches trading of SpaceX, Elon Musk’s company, before its IPO

Pre-IPO contracts allow you to speculate on the price these shares would have. When SpaceX goes public, these contracts will reflect the market price. Binance, the world’s largest cryptocurrency exchange, launched pre-IPO perpetual contracts linked to SpaceX, the aerospace company founded by Elon Musk. In this way, Binance allows its users to speculate on the … Read more