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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...
Robert F. Kennedy Jr. Advocates for Bitcoin and Opposes CBDCs in Candid Interview
23.6.2023
U.S. presidential candidate Robert F. Kennedy Jr. spoke in an interview with the New York Post on June 22, 2023, and discussed a wide range of topics, including vaccines and bitcoin. Kennedy stated that if he becomes president, he will ensure that the U.S. maintains “policies that support...
Crypto.com receives regulatory approval to offer crypto services in Spain
23.6.2023
The latest regulatory approval for the crypto exchange comes within weeks of getting a MPI license from regulators in Singapore
Binance Opens Regulated Crypto Platform in Kazakhstan Amid Regulatory Challenges in the West
22.6.2023
Binance has launched a regulated cryptocurrency exchange in Kazakhstan amid growing regulatory troubles in the West.
In a Wednesday blog post, the world's largest crypto exchange said it is launching the new platform after it secured a permanent license from Kazakhstan’s AIFC Financial Services...
Beware of Fake Regulatory Claims by Crypto Firms, Warns Canadian Securities Administrators
22.6.2023
Canada’s crypto sector has seen a rise in the number of companies that falsely claim to be authorized to offer their services in the country, according to the Canadian Securities Administrators (CSA).
The authorities stated that several firms claimed to be affiliated with fictitious regulatory...
Crypto firms tout 'fictitious' regulatory stamps, Canadian regulator warns
21.6.2023
"Fake" regulatory and dispute resolution entities are being used to make some crypto providers look legitimate, warns the Canadian Securities Administrators
Binance Unit in Britain Cancels UK Regulatory Authorization
20.6.2023
Britain’s financial regulator has approved a request by Binance to cancel its regulatory permissions in the United Kingdom. The move comes as the world’s leading cryptocurrency exchange takes steps to focus on fewer European markets amid increased scrutiny from regulators and ahead of Europe’s...
Deutsche Bank Applies for License to Offer Crypto Custody Service
20.6.2023
Deutsche Bank, the largest bank in Germany, is seeking regulatory approval to offer custody services for digital assets, including cryptocurrencies. A Deutsche Bank executive explained that the digital asset move is part of the giant lender’s broader strategy to boost fee income. Deutsche...
Cardano's ADA Paints 'Death Cross' Amid Regulatory Uncertainty
20.6.2023
Moving average crossovers are lagging Indicators. That said, the latest death cross is consistent with the dour regulatory outlook
Binance cancels registration in the UK amid regulatory scrutiny
19.6.2023
Binance’s deregistration with the FCA did not have an operational impact, as it had never done business in the United Kingdom, a regional manager said
Crypto Market Regulatory Uncertainty Overshadows Blockchain Development: Bank of America
19.6.2023
The bank said it expects blockchain infrastructure and tokenization to transform financial and non-financing infrastructure and markets over the next five to 10 years
Coinbase blasts SEC for ‘no straight answers’ following court order
19.6.2023
The comment from the crypto exchange came after the SEC asked for more time to respond to Coinbase's rulemaking petition
Warnings of Regulatory ‘Siege,’ Binance US Asset Freeze Averted, Schiff Says Fed Destroyed US Banking System, and More — Week in Review
18.6.2023
Red tape and confusion has been the theme in crypto news as of late, with cryptocurrency firms scrambling to stay compliant with regulators like the U.S. Securities and Exchange Commission (SEC), with little to no definite regulatory clarity made available to them thus far. In the wake of lawsuits...
Cameron Winklevoss Criticizes SEC Regulatory Approach: ‘Securities Laws Written in 1933 Don’t Meet the Realities of the World Today’
17.6.2023
Cameron Winklevoss, a co-founder of Gemini, a U.S.-based cryptocurrency exchange, criticized the U.S. Securities and Exchange Commission’s (SEC) posture regarding cryptocurrency regulation. Winklevoss stated that the SEC laws written in 1933 are obsolete today, and their application would...
Bakkt Is Delisting Solana, Polygon and Cardano Citing Regulatory Uncertainty: Fortune
17.6.2023
New York Stock Exchange listed company Bakkt is delisting Solana, Polygon and Cardano citing regulatory uncertainty, according to Fortune.
This comes days after the US Securities and Exchange Commission said those three cryptocurrencies, among others, are securities. ...
Read More: Bakkt...
Bittrex US Allows Fiat and Crypto Withdrawals Amid Bankruptcy Proceedings
17.6.2023
Bittrex US, the now-defunct cryptocurrency exchange in the United States, has recently introduced a plan that permits American customers to withdraw crypto and fiat from the platform, provided they satisfy the required regulatory criteria. This withdrawal arrangement was approved on Tuesday by...
Coinbase Introduces 4% USDC Rewards Amidst SEC Dispute
16.6.2023
On June 15, the San Francisco-based cryptocurrency exchange Coinbase announced that customers can now earn 4% rewards on the stablecoin USDC. The news follows Coinbase’s current dispute with the U.S. Securities and Exchange Commission (SEC) over the firm’s staking-as-a-service product....
Bakkt Takes Proactive Measures, Delists Polygon, Solana, and Cardano Amid Regulatory Crackdowns
16.6.2023
According to a Fortune report published on June 16, the cryptocurrency asset platform Bakkt is delisting three cryptocurrencies due to the current regulatory climate. Bakkt’s general counsel stated that the platform will expand its coin offering once there is “further clarity.”...
Coinex Settles With NY Attorney General, Pays $1.7M in Penalties; Announces Exit from US Market
16.6.2023
According to a press release issued on June 15 by the Office of the New York State Attorney General, the cryptocurrency exchange Coinex has reached a settlement with Letitia James, the chief law enforcement officer. The attorney general stated that Coinex will pay $1.7 million in penalties...
Crypto Traders Flock to OTC Markets as Exchange Liquidity Dries Up Amid Regulatory Clampdown
16.6.2023
crypto traders flock to OTC