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Latam is still unprepared to deal with cryptocurrency-related crimes and scam situations, according to a recent report issued by Global Financial Integrity (GFI), a Washington DC-based think tank.

https://news.bitcoin.com/latam-still-unprepared-to-deal-with-crypto-crime-and-scams-according-to-gfi-report/

Latam is still unprepared to deal with cryptocurrency-related crimes and scam situations, according to a recent report issued by Global Financial Integrity (GFI), a Washington DC-based think tank.

https://news.bitcoin.com/latam-still-unprepared-to-deal-with-crypto-crime-and-scams-according-to-gfi-report/

3air and Internet Connectivity in Africa 3air is an internet connectivity and telecommunications project that believes that onboarding the next billion users to the internet – people living in underserved markets with little to no access to capital, resources, or industrial infrastructure – will require fast, low-cost, wide-reach and user-focused solutions.

https://www.cryptopolitan.com/3air-an-exciting-way-for-the-unbanked-to-enter-the-world-of-crypto/

Binance CEO Changpeng Zhao (CZ) says that most governments know that crypto adoption will happen regardless of what they do. “It's better to regulate the industry instead of trying to fight against it,” the Binance executive emphasized.

https://news.bitcoin.com/binance-ceo-most-governments-understand-crypto-adoption-will-happen-regardless/

Binance confirmed its $1 billion recovery fund for businesses affected by FTX, while Genesis and MetaMask caused concerns. The post Here are the top three cryptocurrency stories from last week appeared first on The Block.

https://www.theblock.co/post/190054/here-are-the-top-three-cryptocurrency-stories-from-last-week

Only 6,100 crypto ATMs have been installed in 2021, or three times less than in 2022.

https://cryptopotato.com/bear-market-effects-installation-of-new-crypto-atms-slows-down/

The ongoing crypto winter and crisis have hit the market hard. Everyone seems to be dumping high-risk assets and consolidating their portfolios to include only the best coins or tokens.

https://coingape.com/?p=128666

Binance releases its Proof-of-Reserves mechanism However, its Merkle Tree mechanism has been met with criticism In the wake of the FTX‘s collapse, Changpeng Zhao (CZ), the CEO of Binance, issued a clarion call where he urged exchanges to demonstrate their reserves.

https://ambcrypto.com/binance-releases-its-proof-of-reserve-but-not-without-criticism-from/

On Friday, 38% of the employees at Lemon Cash, a cryptocurrency exchange with operations in Argentina and Brazil, lost their jobs.

https://bitcoinworld.co.in/argentine-cryptocurrency-exchange-lemon-cash-fires-100-employees/?SNAPI

On Nov. 19, Coinsquare had to temporarily shut down operations to investigate an unusual activity on its platform.

https://cointelegraph.com/news/iiroc-registered-canadian-crypto-exchange-coinsquare-suffers-data-breach

The 2022 cryptocurrency market scene has been impacted by depressed prices, which has partly translated to several entities going bankrupt amid the sustained bearish conditions. 

https://finbold.com/metalla-royalty-director-warns-most-crypto-entities-to-go-bankrupt-says-gold-to-hit-2k-by-2023/?SNAPI

Binance CEO Changpeng “CZ,” Zhao said on Friday that regulation rather than opposition to the cryptocurrency sector would be a better option for governments as digital currencies become mainstream. In the wake of the collapse of the crypto exchange FTX, Binance CEO CZ spoke at an event in Athens and opined that regulating the emerging sector would be better than fighting the industry saying: I think most governments now understand that adoption will happen regardless.

https://cryptodaily.co.uk/2022/11/binance-ceo-regulating-crypto-is-better-than-fighting-it

In an interview with Bloomberg on November 24, Binance CEO Changpeng Zhao (CZ) said the firm intends to allocate $1 billion for a proposed industry recovery fund. According to CZ, the fund would have a “loose” structure and be publicly visible on the blockchain, with other industry players also able to contribute.

https://www.crypto-reporter.com/news/binance-launches-recovery-fund-for-distressed-crypto-assets-39375/

Alleged securities violations and connections with retail investors are being investigated by the State of Alabama and several other states.

https://cointelegraph.com/news/american-regulators-to-investigate-genesis-and-other-crypto-firms

Congressman Tom Emmer showed concerns about the oversight strategy implemented by Gary Gensler, the chair of the U.S. Securities and Exchange Commission for the crypto ecosystem.

https://cointelegraph.com/news/sec-chair-s-crypto-oversight-strategy-in-question-as-ecosystems-collapse