disputes

From Dominance to Compliance

Last Tuesday saw Binance settle its long-running legal disputes with several U.S. government agencies, including the Department of Justice (DoJ), the Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN), the Office of Foreign Assets Control (OFAC), and the U.S. Commodity Futures Trading Commission (CFTC). However, they failed to reach an agreement with the Securities and Exchange Commission (SEC) regarding their pending charges. As part of the settlement, Binance has agreed to pay an eye-popping fine of $4.3 billion. Furthermore, Changpeng Zhao (CZ), the CEO of Binance, will step down

BSV Coin.

What is Bitcoin SV? Bitcoin Satoshi Vision (Bitcoin SV) was created to protect the Bitcoin ledger from dishonest users by reverting back to old protocol versions. The intention is to keep it stable and secure, as well as allow for global demand for open public ledger technology. Satoshi Nakamoto's original vision for Bitcoin, known as Bitcoin Satoshi Vision (BSV), is closely linked to the history of Bitcoin. In late 2018, BSV was produced as a result of a hard fork from the Bitcoin blockchain. These disputes in the Bitcoin community