Altcoin News Official TheBitTimes.com

Philippines’ SEC initiates measures to block access to Binance. Former Binance CEO, Changpeng Zhao, recently stepped down and pleaded guilty in the US. The Philippines’ SEC advises Filipino users to withdraw investments from Binance within three months. The Philippines’ Securities and Exchange Commission (SEC) has set in motion measures to restrict access to Binance, the world’s largest cryptocurrency exchange. This move follows the recent resignation of Binance ’s CEO, who pleaded guilty to breaching US anti-money laundering laws. Changpeng Zhao has also resigned from the Binance .US board. Binance accused of unregistered operations The Philippines’ SEC asserts that Binance, the crypto giant, is operating without proper registration and lacks the required license to offer securities in the Philippines. The regulatory body has issued an advisory, outlining the removal of access within three months to allow Filipino users...

A Scottish man who used crypto to buy 100 rounds of ammo and a gun from the US to allegedly kill himself has pleaded guilty to an array of gun charges, alongside owning pornographic material of animals and children. As reported by the Scottish Daily Express, 28-year-old James Maxwell purchased a Glock pistol with £1,000 worth of crypto currency from an online vendor in the US and ordered it to his address in Fife. However, his package was apprehended by US authorities, and both the gun and ammo were discovered hidden inside a household electronic device.  The illegal content was removed before US authorities tipped off Scottish police and sent the package onwards to Maxwell’s address. Then, when his package was delivered on January 11, Scottish police raided his property and found him wearing blue latex gloves while handling the contents of the package.  When his laptop was seized Maxwell was discovered to be in possession of a sexually explicit video of an underage girl and ...