BTC correlation with European stocks is at its lowest level | Aman Sai on Binance Square

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BTC correlation with European stocks is at its lowest level in over two years.BTC/Nasdaq correlation reaches the second lowest level in over a year.
Crypto starting to diverge from stocks
#dyor #crypto2023 #Binance #BTC #nasdaq

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BREAKING: @binance TO LAUNCH SOLANA MEMECOIN $MOODENG (@MooDengSOL) PERPETUAL CONTRACT AT 2024-10-25 10:00 (UTC) WITH UP TO 75X LEVERAGE ✅

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Good Morning name the dog 😎♥️

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🇯🇵 JUST IN: Japanese firm Metaplanet has raised $66 million (10 billion yen) for further Bitcoin purchases by selling shares. The funding round saw participation from 13,774 individual investors. 🚀

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But Oga Anjarwalla bin run comot Nigeria afta e escape from lawful custody for March. Authorities later confam say Anjarwalla dey sited for Kenya. Di charges against Binance include allegations of non-payment of Value-Added Tax (VAT), Company Income Tax, failure to file tax returns, and say dem dey aid customers to evade taxes through di platform. Accuse say Binance no register wit FIRS for tax purposes wey go against tax regulations wey dey ground for di kontri. Anoda na Binance failure to collect and remit different categories of taxes to di federation, as Section 40 of di FIRS Establishment Act 2007 as amended tok. Di revenue agency say di section clearly address non-deduction and non-remittance of taxes, prescribe penalties and potential imprisonment for pesin wey go against am. Binance allegedly violate tax laws, like failure to issue invoices for VAT purposes, wey make am difficult for subscribers to fit sabi and pay taxes. “Any company wey dey conduct business wey pass N25 million annually dey seen, by di Finance Act to dey present for Nigeria,” FIRS tok. “According to dis rule, Binance fall for dat category. So, dem need to pay taxes like Company Income Tax (CIT) and also collect and remit Value Added Tax (VAT). However, Binance no stick to dis requirements, so dem violate Nigerian laws and potentially face investigation and legal action for dis infraction.” For 2023, Binance bin plead guilty to violating anti-moni laundering laws for di United States wia dem reach one plea bargain agreement wey make di company pay one big fine wey reach $4.3 billion.

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Nigerian goment release 'sick' #Binance executive to travel for treatment ❤️✅ Nigerian authorities don step down charges against di Binance executive wey bin dey on trial. Tigran Gambaryan, na executive for Binance Holdings, wey bin dey face money laundering charges. E don dey detention since April. Gambaryan wey be Binance head of financial crime compliance and Nadeem Anjarwalla wey be di exchange British-Kenyan regional manager for Africa bin dey face money laundering charges. Both of dem bin dey detention but Anjarwalla find way to comot. Dia charges dey to di tune of $35 million wey anti-graft agency, Economic and Financial Crimes Commission (EFCC) bring against dem. For di resumed trial for di Federal High Court in Abuja on Wednesday, di EFCC Lawyer request for di court to step down di charges against di Binance oga. Gambaryan lawyer, oga Mark Mordi, a Senior Advocate of Nigeria (SAN) agree wit di application of di prosecution to step down di charges. Oga Mordi for im argument insist say di Binance executive no dey involved in di company wider financial decisions. Tok-tok pesin for EFCC Dele Oyewale tell BBC say di trial of di Binance executive go kontinu even wen dem allow di executive to go for treatment. However, e no clear how dem go try di company wen di defendant no dey around. authorities to hook mouth Charges wey Nigerian gomment bin sama Binance Di federal goment wen di matter start bin tok say dem dey committed to make sure say compliance wit tax regulations dey and dem go tackle any financial wrong wey dey shele within di cryptocurrency sector Di goment bin sama legal action against Binance sake of suspected mago-mago activity for dia wey dem say dey cause gbege for Nigeria economy Federal Inland Revenue Service (FIRS) bin announce for March say dem don formally lodge charges against Binance for di Federal High Court, Abuja. Two senior executives of Binance Tigran Gambaryan and Nadeem Anjarwalla be second and third defendants for di suit.

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