COINDESK DAILY: Binance Exec's Wife Denies Extradition Report; Thailand Tightens Crypto Regulation
CoinDesk Podcast Network
CoinDesk
4.7 • 698 Ratings
🗓️ 22 April 2024
⏱️ 2 minutes
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| 0:00.0 | The wife of Nadim Andjarwala, an executive who was caught in Binance's scuffle with Nigeria, |
| 0:07.9 | has denied reports of his arrest in Kenya and subsequent extradition back to Nigeria. |
| 0:12.5 | It was reported that Nigerian authorities found the executive in Kenya and were working with authorities to bring him back to the country. |
| 0:20.4 | This after Andrawala was detained in February as the country accused finance of manipulating |
| 0:25.5 | the local exchange rate, tax evasion, and money laundering. |
| 0:29.2 | Coin desk has reached out to Interpol, Kenya's foreign ministry, and Nigeria's police force |
| 0:34.1 | for comment. |
| 0:35.8 | Crypto Exchange Wu X is claiming bragging rights. |
| 0:38.5 | It says it is the first crypto exchange to offer retail customers exposure to tokenized |
| 0:43.5 | U.S. Treasury bills. |
| 0:45.0 | The yield-bearing product was unveiled today and is called real-world assets earn vaults. |
| 0:50.0 | Wu-X chief operating officer Willie Chuang said in an email that the initiative bridges a crucial |
| 0:54.4 | gap between traditional financial securities and the dynamic world of cryptocurrency. |
| 1:00.1 | tokenization, especially involving bank-grade assets like U.S. Treasuries, has become popular, |
| 1:06.0 | partly in response to interest rate increases and now dovetailing with the current crypto bull run. |
| 1:11.6 | Last year, crypto investment platform Finblock said it was planning to offer retail users |
| 1:15.7 | access to tokenized T-bills. |
| 1:18.8 | And Thailand has decided to block unauthorized crypto platforms to increase the efficiency |
| 1:23.5 | of law enforcement in solving the problem of online crime. |
| 1:26.8 | That's according to announcement on Friday. |
| 1:29.0 | Thailand Securities and Exchange Commission says it has considered the impact on users and will give |
| 1:34.2 | them time to manage their accounts before being unable to use the services. The Thai SEC cited earlier |
... |
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