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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
SEC's crypto actions surged 183% in 6 months after the FTX collapse
8.6.2023
The regulator stepped up enforcement actions in the crypto space following the revelations that took place around FTX
SEC is killing innovation in United States - 1inch co-founder
8.6.2023
American-based Web3 companies and cryptocurrency exchanges could be pushed to move offshore following enforcement actions against Coinbase and Binance.US
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
SEC Actions in US May Affect Binance in Other Regions, Hong Kong Lawyer Says
8.6.2023
The crackdown initiated by the U.S. Securities and Exchange Commission (SEC) may affect Binance in other regions and its license application in Hong Kong, according to a crypto-compliance lawyer. The expert believes the regulator wants the largest digital asset exchange to leave the United States....
Do Kwon could serve prison in both US and South Korea, prosecutor says
8.6.2023
South Korean senior prosecutor Dan Sunghan says Kwon's extradition to South Korea makes better sense, but suggested Kwon could also serve time in the US too
JPMorgan CEO Jamie Dimon Urges Against Challenging US Dollar’s Reserve Currency Status
8.6.2023
JPMorgan Chase CEO Jamie Dimon has urged against challenging the U.S. dollar’s reserve currency status amid the ongoing de-dollarization trend globally. “The United States is the fundamental foundation of the global economy. The U.S. dollar is the fundamental reserve currency,” Dimon said...
SEC Summons Binance CEO CZ as Lawsuits Shake Cryptocurrency Industry
8.6.2023
The United States District Court in Washington, D.C., at the request of the Securities and Exchange Commission (SEC), summoned Binance CEO Changpeng Zhao (CZ) on Wednesday. Binance CEO CZ Challenged by SEC Summons as Legal Battles Escalate On Wednesday, several social media accounts shared...
Intuit introduces proprietary large language models for fintech with GenOS
7.6.2023
Intuit is launching an operating system for generative artificial intelligence that will feature AI models trained on the company’s financial data
Binance.US halts trading for dozens of USDT, BTC, BUSD pairs amid SEC lawsuit
7.6.2023
Binance’s arm in the United States suspended its OTC trading platform and reduced the number of supported convert trading pairs
Coinbase Receives Cease and Desist Notices from 11 US States
7.6.2023
Following the Securities and Exchanges Commission (SEC) lawsuit, US-based crypto exchange, Coinbase, has received multiple Show Cause orders from US states.
The Alabama Securities and Exchange Commission (ASC), alongside ten other US states, filed charges against Coinbase for violating securities...
ARK Invest buys Coinbase shares the same day SEC serves lawsuit
7.6.2023
ARK Invest bought over 400,000 shares of Coinbase stock totaling more than $21 million on the day the SEC served the exchange with a lawsuit
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
Sequoia Capital announces three-way split to separate China business
6.6.2023
One of the world’s largest venture capital firms, Sequoia Capital, will split into U.S./Europe, India/SEA, and Chinese branches
Biggest Movers: DOGE, SOL Big Losers Following Binance, Coinbase Lawsuits
6.6.2023
Dogecoin was one of the biggest losers in crypto markets on Tuesday, as markets continued to react to the United States Securities and Exchange Commission (SEC) suing Binance and Coinbase. The global cryptocurrency market lost nearly 4% of its value in today’s session. Solana was another notable...
Alabama Securities Regulator Issues Show Cause Order to Coinbase, Joined by 9 Other States, Over Unregistered Securities
6.6.2023
After Coinbase was sued by the U.S. Securities and Exchange Commission (SEC), the Alabama Securities Commission (ASC) filed a show cause order against Coinbase and directed the company to show cause on why the firm should not cease and desist from selling unregistered securities in the state....
US Congressmen blame crypto firms for 'tax gap' in letter to Treasury
6.6.2023
In a letter addressed to Treasury Secretary Janet Yellen and IRS Commissioner Daniel Werfel, Congressmen Sherman and Lynch raised concerns about the tax compliance practices in crypto
Binance lawsuit: 61 cryptocurrencies are now seen as securities by the SEC
6.6.2023
With its latest suit against Binance, the U.S. SEC has now labeled at least 61 cryptocurrencies as securities, affecting $100 billion worth of tokens on the market