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Here's what Nigeria's naira float means for its crypto market
15.6.2023
This reduces the likelihood of artificial price differences between the naira and cryptocurrencies in different markets
US prosecutors say SBF will be tried on original 8 criminal charges — for now
15.6.2023
DoJ lawyers said the decision came following litigation filed by the FTX co-founder in the Bahamas protesting the additional charges, which could be lengthy
Haru Invest files criminal complaint against consignment operator
14.6.2023
The South Korean yield platform said it has filed a criminal complaint against B&S Holdings and plans to initiate civil proceedings as well
Judge Postpones Asset Freeze as Binance US and SEC Agree to Work on Deal
14.6.2023
A judge in Washington decided to give Binance US and the Securities and Exchange Commission (SEC) time to work out a deal to avoid the freezing of the exchange’s assets. The two sides are close to an agreement that will protect customer funds without paralyzing the crypto trading platform. Crypto...
Bitcoin ‘far larger’ than Binance or Coinbase, says BTC proponent: BTC Prague
14.6.2023
Troubled exchanges like Binance and Coinbase might not be the biggest trading venues for Bitcoin, Jan3 CEO hinted
SEC responds to the last week’s Third Circuit’s decision
14.6.2023
The SEC responded formally to the Third Circuit Court of Appeals’ ruling last week, which weakened its authority to take back money gained through violating securities laws. This decision diminished the SEC’s power to demand disgorgement, a key part of retrieving illegally obtained...
Crypto Exchange Thodex Founder Denies Fraud Charges in Turkey
14.6.2023
The founder of failed cryptocurrency exchange Thodex has denied all fraud-related allegations in a Turkish court. The crypto entrepreneur was handed over to Turkey by Albanian authorities earlier this year to face charges for his leading role in running the now defunct platform. Alleged Crypto...
SEC hears from Blockchain Assoc., House Republicans on 'exchange' definition proposal
13.6.2023
More opposition has come in at the last minute to the year-old proposal reimagining the SEC'ss definition of a securities exchange
Bitstamp now included on FCA's list of registered crypto firms
13.6.2023
The Financial Conduct Authority listed 42 registered crypto firms in compliance with the U.K. government's Anti-Money Laundering and Combating the Financing of Terrorism rules
Asset Freeze to Halt Binance US Operations, Exchange Says, Seeks Rejection of SEC Request
13.6.2023
Crypto exchange Binance US has urged a federal judge to reject a request by the U.S. securities regulator to freeze its assets. The company won’t be able to maintain the trading platform or pay employees and vendors, defense attorneys said in a court filing. ‘No Need for the Draconian Relief Sought...
Coinbase CEO Brian Armstrong: The SEC Told Us ‘Everything Other Than Bitcoin Is a Security’
13.6.2023
Brian Armstrong, CEO of Coinbase, the largest U.S.-based cryptocurrency exchange, explained how negotiations reached a standstill with the U.S. Securities and Exchange Commission (SEC). In a recent interview with the Wall Street Journal, Armstrong detailed the changes in how the SEC approached...
U.S. Senator Lummis revamps efforts for crypto regulations amid SEC lawsuits
11.6.2023
The regulatory framework will allow individuals and companies to own and trade digital assets in America
Hong Kong legislator invites Coinbase to the region amid SEC scrutiny
11.6.2023
Hong Kong fosters a favorable environment for industry growth amid its active regulation and dedication to becoming a digital hub
Latam crypto holders flock to Bitget following Binance, Coinbase suits
10.6.2023
The number of Bitget users in Latin America increased by 43% from June 6 to June 9, along with a 134% increase in deposits
EU needs further efforts to implement crypto regulations: Btc. x CEO
10.6.2023
The CEO of Btc. x mentioned the possibility of governments deeming the MiCA framework inadequate, leading to a two-sided power dynamic
Nigeria to tax crypto, digital assets 10% on capital gains: Experts react
10.6.2023
The Act aims to enhance fiscal transparency, boost revenue and recognize cryptocurrencies as legitimate assets
Singapore’s Crypto.com to Halt US Institutional Division Citing ‘Limited Demand’
10.6.2023
Singapore-based cryptocurrency exchange Crypto.com announced that it intends to halt services for institutional traders in the United States on June 21, 2023. The exchange cited “limited demand” as the reason for suspending its institutional offering. Crypto.com to Cease U.S....
Two Russians Charged for Infiltrating Mt Gox and Operating Illicit Crypto Exchange, BTC-e
9.6.2023
In a statement issued on Friday, the U.S. Department of Justice (DOJ) revealed that two Russian individuals have been accused of infiltrating a cryptocurrency exchange and running an unlawful exchange. Reportedly, the pair gained unauthorized access to Mt Gox’s servers from 2011 to 2014...
SEC can’t find Binance CEO Changpeng Zhao, asks court for ‘alternative service’
9.6.2023
The Binance CEO is rumored to be in Dubai, but with no known base of operations, the SEC wants permission to serve his lawyers on his behalf
Crypto.com suspends US institutional exchange service
9.6.2023
The global cryptocurrency exchange cites limited demand for institutional-grade services under current market conditions