The White House has confirmed that there will be no presidential pardon for Sam Bankman-Fried (SBF), the former CEO of FTX, amid ongoing legal proceedings. Meanwhile, U.S. Senators have launched an investigation into Binance over allegations of facilitating $1.7 billion in transactions linked to Iran, raising compliance concerns.
In other developments, Hong Kong is set to issue its first stablecoin licenses in March, marking a significant step in its digital currency regulatory framework. The Ethereum Foundation has unveiled a seven-fork roadmap extending through 2029, aiming to enhance the network's scalability and security. Additionally, blockchain investigator ZachXBT has accused Axiom of insider trading, while Circle reported an annual revenue of $2.75 billion, highlighting its strong financial performance.
White House Denies Pardon for SBF; U.S. Senators Investigate Binance
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