Search
CZ Says News of Exec Departures at Binance Is FUD
9.7.2023
Founder of Binance, Changpeng Zhao (CZ), sought to downplay the significance of the exits of some executives at the crypto exchange, describing news about them as “more FUD” (fear, uncertainty, and doubt). The managers are leaving during an ongoing regulatory crackdown on the major coin trading...
Belarus Looks to Ban P2P Crypto Trading – Crackdown Incoming?
4.7.2023
Belarus is set to ban peer-to-peer (P2P) crypto “exchanges” – in a blow to traders operating in the country.
In a Telegram post from the Ministry of Internal Affairs, government officials said they were “preparing proposals for legislation” that would “prohibit the exchange of cryptocurrency...
ADA, SOL Underperform as Robinhood Gets Set to Delist Them Amid SEC Crackdown
27.6.2023
Cryptocurrencies Cardano (ADA) and Solana (SOL) fell more than the broader crypto market on Tuesday, just before trading app Robinhood was set to delist them later in the day at 6:59 p.m. ET
Binance Brazil Executive Called to Testify in Congress Amid Regulatory Crackdown
23.6.2023
Amidst a global regulatory crackdown on Binance, the director of Binance Brazil, Guilherme Haddad, has been summoned to testify before the Brazilian parliament.
Alfredo Gaspar, a member of the Brazilian Chamber of Deputies, initiated the summons.
Haddad is expected to provide testimony as part...
Binance US Market Share Shrinks Amid Legal Battle With SEC
22.6.2023
The market share of the U.S. subsidiary of Binance has declined amid an ongoing crackdown by America’s securities regulator. According to new data, leading U.S. crypto exchange Coinbase, also sued by the Securities and Exchange Commission (SEC), is taking a hit, too. Binance US Market Share Drops...
Investment Bank Berenberg: Stablecoins and DeFi Likely to Face SEC's Crypto Crackdown Next
21.6.2023
The U.S. Securities and Exchange Commission (SEC) is likely to extend its enforcement crackdown to both decentralized finance (DeFi) and stablecoins, wrote Berenberg in a research report published on Tuesday.
As read by CoinDesk, the investment bank said that two of the SEC’s next targets...
Stablecoins, DeFi Likely to Be SEC’s Next Targets in U.S. Crypto Crackdown: Berenberg
21.6.2023
If USD Coin is targeted by regulators, the impact on Coinbase revenue could be significant, the report said
Former SEC Advisor: Gensler's Crypto Crackdown Could be Stopped by Legal Doctrine
20.6.2023
The crypto industry crackdown spearheaded by the U.S. Securities and Exchange Commission (SEC) could be put to rest by a decades-old legal doctrine, according to one of the regulator’s previous advisors. ...
Read More: Former SEC Advisor: Gensler's Crypto Crackdown Could be Stopped by Legal Doctrine
Is the US's Crypto Crackdown a Blessing in Disguise for Other Nations?
16.6.2023
The regulatory crackdown on crypto in the US could prove to be just what is needed for the industry to thrive elsewhere, a recent Wall Street Journal article has indicated.
But according to the article, which took a rather hostile tone towards crypto, the industry’s move to greener pastures...
Which altcoins will survive the SEC crackdown? Bitcoin OG explains
16.6.2023
Bitcoin OG and educator Dan Held points out which crypto assets are most likely to avoid the ongoing SEC crackdown
Token Sale Ahead: Celsius to Convert Customer ‘Altcoins’ to BTC and ETH
16.6.2023
Amid the regulatory crackdown in the United States, the bankrupt crypto lender Celsius has announced that all of its customers’ “altcoins” will be converted to bitcoin (BTC) and ethereum (ETH). Over $215 million worth of coins such as CEL, ADA, LINK, LTC, and others will...
SEC Crackdown on Crypto: Harsh Realization or Necessary Clarity?
15.6.2023
The cryptocurrency industry has been under huge pressure since the price of Bitcoin plunged from its all-time high of $69,000 in late 2021.
A string of alleged frauds, financial contagions, and security breaches, along with the collapse of some high-profile trading and lending platforms, has...
Hong Kong Welcomes Crypto Exchanges Following SEC Crackdown, Lawmaker Says
15.6.2023
A Hong Kong lawmaker has invited global cryptocurrency exchanges, including the Nasdaq-listed Coinbase, to register in Hong Kong to provide crypto services. “Please feel free to approach me and I am happy to provide any assistance,” the lawmaker noted. Hong Kong Welcomes Crypto Exchanges Hong Kong...
Microstrategy’s Saylor Envisions Bitcoin-Only Future for Crypto Industry as US Regulators Hammer the Sector
15.6.2023
According to Microstrategy founder Michael Saylor, regulators perceive no “legitimate path forward” for cryptocurrencies such as stablecoins, crypto securities, and tokens. In an interview with Bloomberg on Tuesday, Saylor emphasized that the entire industry is bound...
Binance launches Bitcoin mining cloud services amid SEC crackdown in the US
15.6.2023
Crypto exchange Binance is currently selling 1 Terahash per second (Th/s) at $10.7280, which is split between the hashrate and electricity costs at $1.17 and $9.558 respectively
Hong Kong Lawmaker Invites Coinbase to Apply to Operate in Region Amid U.S. SEC Crackdown
12.6.2023
The company is excited to expand globally and wants to build in Abu Dhabi, Canada, Singapore, and get authorized with the U.K. under its upcoming crypto regime Tom Duff-Gordon Vice President of International Policy at Coinbase said
Latin American Crypto Holders Shift to Bitget Exchange Following Binance and Coinbase SEC Crackdown
12.6.2023
In the aftermath of the US Securities and Exchange Commission’s crackdown on major crypto exchanges Binance and Coinbase, Latin America’s crypto holders have reacted to this development with a surge of new accounts registered with Bitget, a crypto derivatives exchanges.
The American regulator...
SEC Crypto Crackdown Adds Urgency for U.S. Lawmakers to Produce Regulatory Framework This Year: JPMorgan
12.6.2023
Without a more solid legal framework, cryptocurrency activity will probably continue moving outside the U.S. and into decentralized entities, the report said
Cardano Price Prediction as Founder Charles Hoskinson Appears to Settle Differences with XRP Community Amid SEC Crypto Crackdown – Has ADA Bottomed Already?
11.6.2023
In the midst of the SEC's crypto crackdown and the growing uncertainty in the cryptocurrency market, Cardano has caught the attention of investors.
Founder Charles Hoskinson's recent efforts to bridge the gap with the XRP community have sparked discussions about the future of Cardano (ADA). ...
Altcoins Feel the Heat: Crypto Market Theories Run Wild, While Proponents Seek Guidance
11.6.2023
Amid the recent crackdown on two of the world’s largest crypto exchanges, cryptocurrency enthusiasts have been buzzing with discussions on various theories and investment strategies. While some have opted to sell their holdings in the face of uncertainty, others have taken a different...