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Binance.US Not Playing Ball With Probe, SEC Says, as Focus Turns to Custody Arm Ceffu

15.9.2023
Securities regulators have complained the exchange is unregistered, and worry about assets being shifted overseas

Hong Kong Lawmaker Addresses Vitalik Buterin’s Concerns on City's Crypto-Friendliness

15.9.2023
Hong Kong legislator Johnny Ng has extended an invitation to Buterin to gain a firsthand understanding of the region's regulatory environment and crypto-related strategies after the Ethereum co-founder questioned the city's crypto-friendliness. Ng asserted that Hong Kong boasts a stable policy...

Binance US Loses Key Executives as Regulatory Issues Intensify – Here's the Latest

14.9.2023
Binance US, the American subsidiary of the well-known cryptocurrency exchange, is experiencing a series of high-profile departures. Today, Sidney Majalya, the Chief Risk Officer, and Krishna Juvvadi, the head of legal, resigned according to a report by Wall Street Journal. Their exits followed...

Most Important U.S. Senator for Crypto’s Future Tells Regulators to Use Existing Powers

14.9.2023
U.S. Sen. Sherrod Brown (D-Ohio), whose chairmanship of the Senate Banking Committee gives him power over crypto’s congressional destiny, issued a call to arms to regulators on Thursday, demanding that they use whatever authority they currently have over digital assets to improve market...

Dueling CBDC Bills Heading for U.S. Digital Dollar Debate in Congressional Hearing

14.9.2023
The idea of a digital dollar in the U.S. is so egregious to Republican lawmakers that it’s become a presidential campaign talking point and the subject of multiple bills to strangle it before it takes a first breath. But Rep. Stephen Lynch (D-Mass.) reintroduced a bill Thursday calling for...

Despite Crypto Market Rout in the US, “Clear Heads Will Prevail,” Says Ethereum Co-Founder

14.9.2023
Joseph Lubin, the co-founder of Ethereum and the CEO of blockchain firm ConsenSys, is optimistic about crypto adoption in the US, similar to embracing “previous technologies like the internet.” In a recent interview on CNBC’s ‘Capital Connection,’ he said that “clear heads will prevail” in...

Crypto Exchange Bybit Expected to Leave UK Market Amid Looming Regulations – What’s Going On?

14.9.2023
Digital asset exchange Bybit mulls a potential exit from the UK as new rules from the Financial Conduct Authority (FCA) swing into effect on Oct 8. Bybit CEO Ben Zhou explained that the new marketing rules set to be enforced in a few weeks will tighten the market, possibly forcing the firm...

Surprisingly Few U.S. Customers Want Their Bittrex Money Back

13.9.2023
The U.S. Secret Service kept millions on the exchange, company lawyers told a bankruptcy court – but other creditors have been strangely reluctant to ask for their funds back

Digital Trading Platform MetaComp Offers Clients Stablecoin-to-TradFi Security Path, Claiming Singapore First

13.9.2023
Trading volume has climbed to around $50 million since the service was introduced last month

India Tops Chainalysis' Global Crypto Adoption Index Despite Heavy Tax Regulations

13.9.2023
India has claimed the top spot in Chainalysis' 2023 Global Crypto Adoption Index despite stringent tax regulations in the country. Chainalysis, a global blockchain surveillance firm, recently released an excerpt from its annual crypto adoption report, shedding light on how various countries...

FTX Tweaks Crypto Sale Proposal to Placate U.S. Government

13.9.2023
The bankrupt crypto exchange wants to sell off its billions of dollars in crypto before returning funds to creditors – but doesn’t want markets forewarned

Sam Bankman-Fried Remains Stuck in Jail

13.9.2023
Sam Bankman-Fried lost a bid to be released from jail ahead of his trial next month. All hope isn’t lost for him, but time is running out for the FTX founder

Crypto KYC Regulations Expected to Get Stricter, Says Bitget Managing Director

12.9.2023
Gracy Chen, Managing Director at crypto exchange Bitget, has indicated that crypto know-your-customer (KYC) measures are expected to become increasingly stringent in the near future. Speaking in an interview with crypto news outlet The Block published on Monday, Chen suggested that crypto exchange...

Gensler Hearing Shows Key Senate Democrat Digging in Heels on Crypto

12.9.2023
While U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler was in the hot seat at a Senate hearing on Tuesday, the most important crypto sentiments may have come from Sen. Sherrod Brown (D-Ohio), who tarred much of the industry as dangerous fraudsters

Incoming BOE Deputy Governor Highlights Crypto Risks, Cites Benefits at Parliamentary Hearing

12.9.2023
There are benefits to crypto technology, and the digital pound could anchor digital money, Sarah Breeden said

Luno Exchange to Temporarily Halt Certain UK Client Investments Due to Upcoming FCA Regulations

12.9.2023
Luno, a crypto exchange owned by Barry Silbert’s Digital Currency Group (DCG), plans to stop certain UK clients from trading crypto due to regulatory changes that are coming into effect. The new regulations, introduced by the UK’s Financial Conduct Authority (FCA) and expected to come into effect...