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Nalezeno "Crypto crackdown": 90

Nigerian Authorities Slap Binance with $10 Billion Fine Amid Crypto Crackdown

1.3.2024
The Nigerian government has imposed a staggering $10 billion fine on Binance as part of a crackdown on the platform in an effort to stabilize the nation's local currency. The post Nigerian Authorities Slap Binance with $10 Billion Fine Amid Crypto Crackdown appeared first on Cryptonews

Nigerian authorities detain two Binance execs in crypto crackdown

29.2.2024
Nigerian authorities have reasons to feel they are right in cracking down on the cryptocurrency business. The most recent incident involved detaining two Binance executives and taking their passports. It occurred when both executives flew to Nigeria following the country’s decision to...

Senate Coalition Grows to Crack Down on Crypto’s Use in Illicit Finance

13.12.2023
U.S. Senator Elizabeth Warren’s bill to crack down on crypto’s use in illicit finance has gained more support among lawmakers. “The Treasury Department is making clear that we need new laws to crack down on crypto’s use in enabling terrorist groups, rogue nations, drug lords...

U.S. House's Spending Bill Aims to Hamstring SEC's Gensler Amid His Crypto Crackdown

9.11.2023
As the U.S. House of Representatives weighs legislation on next year's spending, a provision was added on Wednesday that would deprive funding from U.S. Securities and Exchange Commission (SEC) enforcement actions against crypto businesses

Senator Lummis Takes a Stand Against SEC’s Crypto Crackdown, Says the Commission is “Overreaching”

6.11.2023
Senator Cynthia Lummis (R-Wyo.) has voiced opposition to the Securities and Exchange Commission’s ongoing crackdown on the cryptocurrency industry. In an interview with Yahoo Finance, she expressed her concerns about the regulatory agency’s actions and vowed to block one of...

Former SEC Official Warns ‘Crypto Regulatory Onslaught Will Never End’

13.8.2023
The U.S. Securities and Exchange Commission’s former head of internet enforcement has warned that “crypto regulatory onslaught will never end.” He claimed that cryptocurrency trading platforms, like Binance and Coinbase, are simply playing “a short game of regulatory...

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...

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). ...

Bitcoin, Ethereum Technical Analysis: BTC Falls Below $26,000, as Traders Digest SEC’s Crypto Crackdown

10.6.2023
Bitcoin moved below the $26,000 level to start the weekend, as bearish pressure intensified following a week of turbulence. Sentiment in the market once again shifted, as traders liquidated their positions on the back of the U.S. Securities and Exchange Commission’s (SEC) crackdown...

Bitmex Group CEO: US Crypto Crackdown May Drive Top Talent to ‘Markets With More Regulatory Certainty and Lower Risk’

10.6.2023
Unlike in the United States where authorities are cracking down on the crypto industry, the regulations governing the industry are “more clearly defined and commercially viable in markets like Hong Kong, Singapore, and the UAE,” Stephan Lutz, the group CEO and CFO of the crypto exchange...

Lawmaker Calls SEC Enforcement Actions Against Crypto Exchanges ‘Complete Contempt for Congress’

9.6.2023
Several lawmakers have slammed the U.S. Securities and Exchange Commission (SEC) for regulating the crypto industry by enforcement. One lawmaker says the regulator’s latest action against crypto exchange Coinbase “demonstrates a complete contempt for Congress which is in the process of developing...

Binance looks to the UK for regulation amid US crypto crackdown

11.5.2023
Binance seeks regulation in the U.K. amid a U.S. crackdown on cryptocurrencies as its chief strategy officer acknowledges the challenging business environment in the U.S

Crypto crackdown can’t stop TMS Network from rising, dwarfing LTC & ADA in face of SEC flareups

10.5.2023
There’s never a dull moment in the crypto market besides healthy competition between cryptocurrencies. Projects like Cardano (ADA) and Litecoin (LTC) may have more time in the industry, but TMS Network (TMSN) is soaring past them. Currently focused on phase two of its presale, TMS Network...