The authorities believe such platforms have engaged in currency speculation that has led to a devaluation of the country’s national currency

Binance Holdings Ltd (BHL), the world’s biggest cryptocurrency exchange, is to pay $4.3 billion for violations of anti-money laundering and sanctions laws in a settlement approved by a US judge on Friday.

In the dynamic world of cryptocurrencies, the Bitcoin halving event stands out as a pivotal moment, drawing attention from enthusiasts and investors alike. Scheduled to occur in April this year, this event is expected to halve the block rewards for miners, significantly impacting Bitcoin’s valuation and its role in the broader digital asset landscape.

London won ground with Barclays jumping to the top of the risers board after the UK bank revealed plans to slash costs and return £10 billion ($12.6 billion) to shareholders

Bitcoin, the world’s leading cryptocurrency, has experienced a significant price surge in the last two weeks, breaking above the $52,000 mark. This remarkable rise in value can be attributed to a combination of factors, including the approval of Bitcoin exchange-traded funds (ETFs), the Biden administration’s stance on cryptocurrency, and the general outlook for BTC in the future.

Brent crude futures dropped 11 cents, or 0.1%, to $82.75 a barrel at 0131 GMT. U.S. West Texas Intermediate crude futures rose 1 cent to $78.04 a barrel.