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EU starts countdown to crypto legislation, adds MiCA to official journal
9.6.2023
MiCA, which comes into effect by the end of 2024, aims to create a consistent regulatory framework for crypto assets among European Union member states
Binance.US to suspend USD deposit and halt fiat withdrawals
9.6.2023
Binance.US has announced that it will suspend the deposit of the US Dollar, and its banking partners will halt the withdrawal of fiat currency from the platform. This is tentatively expected to go into effect on June 13, 2023. Users of Binance.US are recommended to take appropriate actions before...
Coinbase CEO’s stock sale was probably not planned to occur a day ahead of SEC suit
8.6.2023
Armstrong was selling shares under a plan set up in August that sometimes made him money and other times not; the June 5 sale was still good timing
US DOJ opposes bankrupt Bittrex’s plan to repay customers ahead of credited fines
8.6.2023
Bittrex owes $29 million on penalties for sanctions violations and may still face penalties in a case brought by the SEC
Binance may have lied to US lawmakers, argue senators: Report
8.6.2023
U.S. Senators asked the Justice Department to investigate whether the crypto exchange made a false statement to Congress in a letter earlier this year
US Bitcoin supply fell over 10% in the past year — Glassnode
8.6.2023
Bitcoin is increasingly active in Asia as U.S. supply share dwindles over the past two years
Crypto ads face stricter rules including a referral bonus ban by FCA
8.6.2023
Crypto services in the U.K. will face stricter regulations, including a "cooling-off period" for first-time investors and a ban on "refer a friend" bonuses
Binance to support the upcoming upgrade of the Ronin (RON) Network
8.6.2023
Binance, one of the largest cryptocurrency exchanges in the world, has formally announced its support for the upcoming Ronin (RON) network upgrade and hard fork. This announcement is part of Binance’s commitment to providing its users with a seamless trading experience. The Ronin network...
Polygon president testifies on democratizing the internet with Web3, blockchains
8.6.2023
The House Committee explores blockchain and Web3's future, as industry leaders testify on democratizing the Internet and regulatory challenges
Coinbase CEO Responds to SEC Lawsuit Accusing Crypto Exchange of Securities Law Violations
8.6.2023
Coinbase CEO Brian Armstrong has responded to the lawsuit filed by the U.S. Securities and Exchange Commission (SEC) against his cryptocurrency exchange. The securities regulator charged Coinbase with “operating its crypto asset trading platform as an unregistered national securities...
Bitcoin Trading at Premium on Binance US Amid SEC Lawsuit and Asset Freeze Motion
7.6.2023
As of June 7, 2023, recent data reveals that the value of bitcoin (BTC) is experiencing a premium on the Binance US exchange. The statistics show that on the American crypto trading platform, BTC is trading almost $400 higher for those utilizing the BTC/USD pair. Binance US Witnesses Bitcoin...
Coinbase gets surrounded by US States following a SEC lawsuit
7.6.2023
Moments after the US Securities & Exchange Commission came after Coinbase for offering unregistered products and services, several US states have taken it upon themselves to pursue the allegations individually as well. Simply put, Coinabse is now facing more trouble with US states joining...
SEC lawsuit claims Binance.US, Changpeng Zhao put customer funds ‘at significant risk’
7.6.2023
One of the latest SEC filings in its lawsuit against Binance says billions in customer funds are at the “mercy” of Binance CEO Changpeng Zhao
After Binance, Coinbase comes under the scrutiny of the SEC
7.6.2023
The US Securities & Exchange Commission has charged Coinbase with the allegations of failing to register the offering of staking-as-a-service. This is on top of not registering the buying and selling of securities. Coinbase, here, seems to be on the path of Binance, which was recently charged...
Binance Records Significant Outflows of BTC, ETH, and Stablecoins Exceeding $1.45 Billion
7.6.2023
Binance, the world’s largest cryptocurrency exchange by trade volume, saw significant outflows of bitcoin, ethereum, and stablecoins starting on June 3, 2023, according to data from cryptoquant.com. In the past 68 hours, Binance has seen bitcoin outflows of around 15,438 BTC worth more than...
SEC files motion for restraining order against Binance
6.6.2023
The SEC has accused Binance of mishandling funds and operating an unregistered securities exchange
Binance v SEC: Crypto industry debates 'Tai Chi' vs 'Operation Chokepoint 2'
6.6.2023
The SEC lawsuit comes within months of the CFTC lawsuit against Binance mounting its regulatory woes in the U.S
Binance entities and Changpeng Zhao come under SEC scrutiny
6.6.2023
The US Securities & Exchange Commission, also known as SEC, has announced that they have filed Section 13 charges against Binance, BAM Trading Services, and Changpeng Zhao for violating several security laws. A brief summary mentioned by the SEC states that the charges are related...
Paul Grewal aims for clear crypto rules in the US
6.6.2023
Paul Grewal, the Chief Legal Officer at Coinbase, has highlighted that his focus will be majorly on putting forward the point that crypto ventures need clear rules to operate in the region. Coinbase, founded in 2012, has more than 3,000 cryptocurrencies listed on the platform. It supports select...
Binance sees $778M net outflows on Ethereum blockchain amid SEC charges: Nansen
6.6.2023
The SEC lawsuit against Binance led to an outflow of over $700 million worth of assets on Ethereum in the past 24 hours with outflows from the exchange still dominating inflows