Federal High Court in Abuja has ordered the detention of Tigran Gambaryan until his bail hearing on April 18. The executive of Binance has pleaded not guilty to money laundering charges in a Nigerian court.

Binance was once all in BRC-20 tokens. Now, it will cease the support for the Ordinals protocol NFTs. Users have until March 18 to move their assets.

The board consists of three independent members and four company insiders. It's a step towards better governance, with some caveats.

The crypto exchange failed to convince the New York judge to drop the SEC’s lawsuit, but the charge against Coinbase Wallet was dismissed.

The DoJ claims the two founders conspired to grow KuCoin into one of the world’s largest crypto exchanges by breaking AML laws. The CFTC, in parallel, charged KuCoin with operating an illegal digital asset derivatives exchange.

KuCoin becomes the first global crypto exchange to re-enter India after offshore crypto exchanges were blocked in the country last year.

More crypto turmoil out of Nigeria today, with new charges of tax evasion filed against Binance, just days after one of their two detained executives somehow managed to escape custody.

In the first two months of 2024, the volume of crypto transactions significantly rose. The Commodity Futures Trading Supervisory Agency meanwhile is preparing to transfer crypto oversight to the Financial Services Authority.