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Binance Caught In A Regulatory Siege With The Netherlands
Friday, June 16, 2023 - 10:03am | 510Read More...Crypto exchange Binance announced on Friday it will cease operations in the Netherlands, effective immediately, due to regulatory hurdles in the country. According to a statement released by the company, no new accounts will be registered for residents in the Netherlands. In addition, starting...
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Mark Cuban Slams SEC For Throwing Crypto Startups 'Under The Bus' — Former SEC Official Has This To Say
Friday, June 16, 2023 - 12:25am | 702Read More...Billionaire investor Mark Cuban on Thursday criticized the Securities and Exchange Commission (SEC) and its Chair Gary Gensler for throwing the crypto startups and entrepreneurs "under the bus" without clear guidance. What Happened: In a series of tweets, Cuban denounced the convoluted rules that...
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Users Want Transparency From Binance, Kraken And Bitget After FTX Collapse: Nansen
Thursday, June 15, 2023 - 11:02am | 375Read More...According to Nansen, cryptocurrency users are demanding more transparency and enhanced protection measures from Kraken, Bybit, Bitget and other CEXs, or centralized exchanges. Since FTX collapsed, exchanges have increased their protection efforts, or started offering so-called Proof of Reserves....
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Hong Kong Regulator Orders HSBC, Standard Chartered To Tap Crypto Clients
Thursday, June 15, 2023 - 7:35am | 443Read More...Lenders, including HSBC Holdings, Plc (NYSE: HSBC) and Standard Chartered PLC (OTC: SCBFY) (OTC: SCBFF), faced pressure from Hong Kong's banking regulator to take on crypto exchanges as clients despite a series of collapses, including the FTX. The Hong Kong...
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Binance CEO Denies Selling Bitcoin: 'We Even Still Have A Bag Of FTT'
Wednesday, June 14, 2023 - 1:21am | 555Read More...Binance CEO Changpeng Zhao, popularly known as "CZ' on Tuesday pushed back against speculations that the world's largest cryptocurrency exchange sold its Bitcoin (CRYPTO: BTC) holdings. What Happened: In a tweet on Tuesday, Zhao refuted the claims, stating that “Binance have not sold...
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Edward Snowden Says 'Fix The Money, Fix The State' Amid SEC Legal Moves Against Binance, Coinbase
Tuesday, June 13, 2023 - 11:48pm | 506Read More...Former U.S. Intelligence contractor Edward Snowden on Tuesday said “Fix the money, fix the state" amid SEC allegations against cryptocurrency exchanges Binance and Coinbase. What Happened: The lawsuits filed last week accused the two exchanges of providing unregistered securities amongst...
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Former SEC Office Of Internet Enforcement Chief Believes Binance Criminal Charges May Be Coming
Tuesday, June 13, 2023 - 2:22pm | 720Read More...Criminal changes against Binance may closely follow U.S. Securities and Enforcement Commission (SEC) action, according to a former prominent securities regulator member. John Reed Stark, a seasoned cybersecurity expert with extensive experience at the SEC, has issued a stern...
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SEC Jolts eToro Into Ditching Coins: What It Means For ALGO, MANA, DASH And MATIC
Tuesday, June 13, 2023 - 12:37pm | 447Read More...Social investing platform eToro will delist a selection of cryptocurrency tokens for its U.S. customers. What Happened: The company will no longer allow U.S. customers to open new positions in Algorand (CRYPTO: ALGO), Decentraland (CRYPTO: MANA), Dash (CRYPTO: DASH), and Polygon (CRYPTO: MATIC)....
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Binance Coin Whale Awakens After 2-Year Hiatus, Cashes Out $2.3M Profits After SEC Classifies BNB As A 'Security'
Tuesday, June 13, 2023 - 6:48am | 476Read More...A Binance Coin (CRYPTO: BNB) whale has cashed out a part of their holdings for the first time in two years, garnering significant profits from the sale. What Happened: According to the on-chain analyst account Lookonchain, the whale sold off 10,000 BNB tokens at $230 each, earning profits totaling...
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Shiba Inu Whale Accumulates $10M From Coinbase, Binance Amid SEC's Legal Battle Against Crypto Exchanges
Tuesday, June 13, 2023 - 2:56am | 631Read More...A mysterious whale has been accumulating massive amounts of a particular meme token Shiba Inu (CRYPTO: SHIB), over the past few hours. What Happened: The whale in question accumulated 1.5 trillion SHIB worth $10 million from Binance and Coinbase, according to data from block explorer and...
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Gary Gensler 2018-Era Video Goes Viral, Here's What The SEC Chief Said About Bitcoin, Ethereum Back Then
Tuesday, June 13, 2023 - 1:29am | 565Read More...The Securities and Exchange Commission (SEC) has been making moves to crack down on cryptocurrency exchanges, Coinbase and Binance, over the trading of unregistered securities. What Happened: A 2018 video has surfaced recently featuring SEC Chairman Gary Gensler stating that Bitcoin (CRYPTO:...
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Bank Of China's Investment Subsidiary Issues Ethereum-Based Tokenized Securities In Hong Kong
Monday, June 12, 2023 - 2:44pm | 446Read More...BOCI, the investment banking subsidiary of the Bank of China, has broken new ground by launching tokenized structured notes worth 200 million offshore renminbi (equivalent to $28 million) on the Ethereum (CRYPTO: ETH) blockchain. The move marks BOCI as the pioneer among Chinese financial entities...
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What MATIC Did After Polygon Foundation Responded To SEC's 'Security' Label
Sunday, June 11, 2023 - 11:56pm | 719Read More...The Securities and Exchange Commission’s (SEC) recent crackdown on major crypto exchanges such as Coinbase Inc (NASDAQ:COIN) and Binance has had a wide-reaching impact on various cryptocurrencies. In response to the SEC’s increased scrutiny, some exchanges like Robinhood Inc (NASDAQ:...
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Ex-SEC Official Issues Serious Warning About Crypto Platforms Amid Escalating Regulatory Pressure: 'Get Out Of Crypto Platforms Now'
Saturday, June 10, 2023 - 1:25pm | 482Read More...John Reed Stark, a former official at the Securities and Exchange Commission (SEC), says that crypto exchanges are under U.S. regulatory siege and that "this has only just begun." In a lengthy tweet on Thursday, Stark said that digital asset investors should "get...
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Crypto Industry Titans Address Concerns, Future Opportunities Amid SEC Onslaught
Friday, June 9, 2023 - 1:28pm | 617Read More...Coinbase (NASDAQ: COIN) and Binance (CRYPTO: BNB) are being sued for dealing in unregistered securities. The lawsuits, brought on by the U.S. Securities and Exchange Commission (SEC), add tension to an already highly scrutinized market. Against this backdrop, industry heavyweights have weighed in...
















