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Binance Faces Regulatory Hurdles as Philippines SEC’s Ban on Binance Takes Effect
25.3.2024
The Philippines SEC's Ban on Binance prohibits local access to the exchange's website and applications. This decision stems from Binance's alleged unlicensed operations and offering of investment opportunities to Filipinos.
The post Binance Faces Regulatory Hurdles as Philippines SEC’s Ban...
London Stock Exchange Will Start Market for Bitcoin and Ether ETNs May 28
25.3.2024
The stock exchange will accept applications for trading bitcoin and ether crypto exchange traded notes from April 8
Trial Against Terraform Labs And Do Kwon Begins In NYC Following Prison Release
25.3.2024
The United States Securities and Exchange Commission’s (SEC) trial against Terraform Labs founder Do Kwon is set to begin in New York on Monday. As jury selection gets underway, the trial formally marks the beginning of the United States' quest for justice against Kwon following the collapse...
CommEx, Successor to Binance in Russia, Announces Shutdown and Halts Deposits
25.3.2024
CommEx, the exchange that took over Binance's operations in Russia in September 2023, has announced it is closing down and has stopped accepting deposits.
The post CommEx, Successor to Binance in Russia, Announces Shutdown and Halts Deposits appeared first on Cryptonews
Binance Faces Tax Evasion Charges in Nigeria, Executives Detained
25.3.2024
Binance, the world's largest cryptocurrency exchange, is facing tax evasion charges in Nigeria, as the dispute between the exchange and Nigerian authorities escalates.
The post Binance Faces Tax Evasion Charges in Nigeria, Executives Detained appeared first on Cryptonews
Bithumb IPO Plans ‘Accelerate’ as South Korean Crypto Exchange Eyes Public Listing
25.3.2024
The South Korean exchange Bithumb is looking to step up its IPO plans – and could look to launch a fast-tracked initial public offering as the crypto bull market continues.
The post Bithumb IPO Plans ‘Accelerate’ as South Korean Crypto Exchange Eyes Public Listing appeared first on Cryptonews
Crypto Markets Require Transparency, Says SEC Chair Gary Gensler
23.3.2024
The US Securities and Exchange Commission (SEC) Chair Gary Gensler has criticized crypto industry participants for avoiding registration requirements with the regulator.
The post Crypto Markets Require Transparency, Says SEC Chair Gary Gensler appeared first on Cryptonews
ProBit announces support for Bitcoin cash upgrade and hard fork
22.3.2024
Bitcoin Cash Node v27.0.0 upgrade and hard fork are scheduled for May 15, 2024. ProBit has come forward, announcing that it will support both processes for Bitcoin Cash. The only important date to note is May 15, 2024, when deposits and withdrawals of BCH will be suspended until further notice....
SEC's Gensler Says Crypto Firms Skip Public Disclosures by Dodging Registration
22.3.2024
U.S. Securities and Exchange Commission Chairman Gary Gensler used a speech on the "public good" of securities disclosures on Friday to point specifically at the crypto industry as a problem area
Coinbase Adds RON Token, Expanding Access for 73 Million Users
22.3.2024
RON gets registered on Coinbase, the biggest US based crypto exchange, rendering its services available to a staggering 73 million users. Users can buy, sell, and hold on to RON in their Coinbase wallets. Coinbase and Ronin have been treading separate paths to increase the freedom factor globally....
Coinbase launches feeless membership for TRUST’s travel rule service, enhancing user privacy
22.3.2024
Coinbase has introduced the option of a feeless membership facility for the travel rule universal solution technology (TRUST), a travel rule service. It is industry-propelled and considers client safety and privacy its topmost priority. TRUST is a prime travel rule service targeting virtual asset...
2017 Solana (SOL) and Filecoin (FIL) created millionaires; Analysts predict ‘Black Account’ exchange token will be next
22.3.2024
The tales of wealth creation through strategic investments in digital assets like Solana and Filecoin have become a beacon for hopeful investors. The year 2017 marked a significant milestone in this journey, with SOL and FIL emerging as two of the most lucrative investments in the crypto space...
U.S. SEC Asking for More Millions, Dozens of Lawyers to Beef Up Crypto Oversight
22.3.2024
Gary Gensler wants 33 more people in the enforcement division of the U.S. Securities and Exchange Commission (SEC) to deal with "new and emerging issues," according to the regulator's annual budget pitch. Much of that office's recent, emerging workload has come from the agency's pursuit...
San Diego Federal Court Denies Silvergate’s Dismissal Motion in FTX Fraud Case
22.3.2024
The San Diego federal court has ruled that Silvergate Bank must face a class-action lawsuit filed by FTX users which alleges that the bank aided the exchange and Alameda Research in fraudulent activities.
The post San Diego Federal Court Denies Silvergate’s Dismissal Motion in FTX Fraud Case...
Coinbase Is More Than Just a Crypto Exchange: JMP Securities
22.3.2024
Momentum continues to build in the company’s ancillary businesses, the report said
ARK Invest Sells Another $35 Million Worth of Coinbase Shares as Stock Gains Over 50% YTD
22.3.2024
ARK Invest, known for its involvement in the spot Bitcoin exchange-traded fund (ETF) market, has decided to cash in on its Coinbase holdings as the stock's value climbs above $270.
The post ARK Invest Sells Another $35 Million Worth of Coinbase Shares as Stock Gains Over 50% YTD appeared first...
JPMorgan Warns of Further Bitcoin Decline Despite Recent Correction
22.3.2024
Bitcoin has experienced a pullback of over 10% from its all-time high, with the demand for spot Bitcoin exchange-traded funds (ETFs) showing signs of moderation.
The post JPMorgan Warns of Further Bitcoin Decline Despite Recent Correction appeared first on Cryptonews
Spot Bitcoin ETFs See Fourth Consecutive Day of Net Outflows, GBTC Bleeds $358M
22.3.2024
The Grayscale Bitcoin Trust's (GBTC) exchange-traded fund (ETF) experienced another day of significant outflows, with nearly $359 million exiting the fund on March 21.
The post Spot Bitcoin ETFs See Fourth Consecutive Day of Net Outflows, GBTC Bleeds $358M appeared first on Cryptonews
Crypto Exchange Okx Shuts Down Services in India Due to Regulations — Advises Users to Withdraw All Funds
22.3.2024
Cryptocurrency exchange Okx has notified its users in India that the platform is shutting down services in the country “due to local regulations.” The exchange has advised users in India to “withdraw all funds” from their accounts by the end of April. The Indian government...
Crypto Gurus Snap Up Viral Meme Coin Pre-Exchange Listing for Early Edge
21.3.2024
With global crypto adoption continuing apace, investors are buying up Sponge (SPONGE) before it gets listed on major exchanges in the hope that they’ve found the next viral Web 3 meme coin. SPONGE is a Web3 project that comes with its own staking and video gaming community. In the coming...