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Midweek Roundup: Lebanon Central Bank Chief Resigns, Germany Rejects Binance, and More

Lebanon's longtime central bank governor Riad Salameh resigned as at least six European nations continue to investigate him on suspicion of corruption and money laundering, Bloomberg reported. More German regulators advised Binance to withdraw its license application amid concerns over the cryptocurrency exchange's opaque corporate structure and doubts over the integrity of its chief executive, Changpeng Zhao, The Wall Street Journal reported. More Sen. Elizabeth Warren (D-MA), whose support of robust regulation and strong supervision has often placed her at odds with the financial services industry, gained support for her legislation to toughen anti-money laundering standards for cryptocurrency platforms from...

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