BNB Market Cap Down By 25% In June Amidst Binance Regulatory Pressure

BNB, a native token of the Binance exchange, has seen a massive decline in its market shares following the global regulatory pressure on the trading platform.   Binance began experiencing regulatory troubles on June 5, when the United States Securities and Exchange Commission (SEC) filed a lawsuit against the exchange on the allegations of fraud and offering of unregistered securities, among others, and this has affected the performance of the cryptocurrency.

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Binance, Coinbase Endure $700M in Staked Ether Outflows as Decentralized Liquid Staking Protocols Gain

Investors are ditching the centralized exchange giants to stake their ETH holdings on decentralized alternatives amid regulatory concerns, and as they chase higher rewards, crypto analysts say.

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Binance urges balanced regulatory approach for crypto to ensure innovation, growth are not stifled

Binance believes the core tenets of a regulatory framework for crypto should be consumer protection, market integrity, and financial stability. The exchange made the statement in its response to a recent consultation initiated by the U.

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Coinbase Debuts Offshore Exchange With Bitcoin And Ethereum Perpetual Futures Amid Regulatory Challenges In The US

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Coinbase unveils a global crypto exchange as crypto crackdown in the US intensifies

Coinbase is a US-based crypto exchange. The move comes amid a growing regulatory crackdown in the US for the cryptocurrency industry. The new arm will allow users to trade perpetual futures, with initial contracts offering 5x leverage.

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Coinbase Faced With Too Much Regulatory Uncertainty, Rating Cut to Neutral: Citi

The bank slashed its price target for the crypto exchange to $65 from $80.

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Dubai authorities sent written reprimand to OPNX Exchange founders

Dubai’s Virtual Assets Regulatory Authority (VARA) issued a written reproof to the four founders of OPNX Exchange and its CEO Leslie Lamb on April 18, according to a formal notice. The four founders include Mark Lamb, Sudhu Arumugam, and founders of failed crypto hedge fund Three Arrows Capital, Su Zhu, and Kyle Davies.

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CoinJar enters US markets despite regulatory heat

Coinjar , a renowned Australian crypto exchange, is making its way into the US markets according to local reports. The firm comes in at a time when other exchanges are fleeing the markets.

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Aussie crypto exchange kicks off US expansion despite ‘regulatory risk’

“Where other exchanges see regulatory risk, we see opportunity,” says Coinjar CEO and co-founder Asher Tan.

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Coinbase Calls for Open Dialogue in Response to SEC Wells Notice

American crypto exchange Coinbase has responded to the latest regulatory action from the Securities and Exchange Commission (SEC). The post Coinbase Calls for Open Dialogue in Response to SEC Wells Notice appeared first on BeInCrypto.

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Breaking: Binance US terminates deal to acquire Voyager Digital's assets

Binance U.S. walks away from its $1 billion asset acquisition deal from Voyager The exchange claimed that the action was a result of the uncertain regulatory environment in the United States The post Breaking: Binance US terminates deal to acquire Voyager Digital's assets appeared first on AMBCrypto.

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Coinbase Goes Offensive Against The SEC With Lawsuit Targeted At Regulatory Clarity

The Securities and Exchange Commission (SEC) regulatory approach has come under fire by crypto executives and commentators in recent months after the commission filed actions against firms without clear-cut regulations.

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Coinbase takes legal action against SEC

Coinbase has filed a petition against the U.S. Securities and Exchange Commission (SEC) at a federal court to compel the agency to provide more regulatory clarity and guidance for the crypto industry.

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Coinbase sues SEC asking for clarity on crypto regulations in the U.S.

Coinbase has petitioned a U.S. federal court to compel the SEC to provide clarity regarding crypto regulations. The exchange has asked the court to get the regulatory body to respond to its petThe post Coinbase sues SEC asking for clarity on crypto regulations in the U.S. appeared first on AMBCrypto.

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Coinbase Asks U.S. Court to Force SEC Response to 2022 Rulemaking Petition

The filing is a preemptive move by the crypto exchange to argue that the SEC's approach doesn't provide sufficient regulatory guidance for U.S. crypto firms.

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Coinbase Asks for Court to Force SEC Response to 2022 Rulemaking Petition

The filing is a preemptive move by the crypto exchange to argue that the SEC's approach doesn't provide sufficient regulatory guidance for U.S. crypto firms.

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Coinbase to Potentially Launch an Offshore Derivatives Platform

Coinbase may be planning to use its newly acquired regulatory license to operate in Bermuda to launch a derivatives exchange. Coinbase Bermuda Coinbase is planning on expanding its operations worldwide....

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Kraken withdraws 330k ETH amid regulatory pressure – deposits outpace withdrawals in staking race

Kraken is leading the second wave of full-staked Ethereum (ETH) withdrawals, according to Nansen’s dashboard. Nansen’s data journalist Martin Lee said the U. S. -based crypto exchange has withdrawn over 330,000 ETH.

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Coinbase secures regulatory license in Bermuda, seeks approval in Abu Dhabi

Major crypto exchange Coinbase has obtained a license from Bermuda authorities to operate as a regulated entity in the British Island Territory. The company is also looking to get a regulatory license from Abu Dhabi.  Coinbase has expanded its services…

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Binance.US takes a step closer to acquiring Voyager Digital

In a major development, cryptocurrency exchange Binance. US has moved closer to acquiring Voyager Digital — a bankrupt crypto lender — following months of regulatory hurdles. According to a statement from Voyager on April 19, the Uncensored Creditors Committee (UCC) has reached an agreement with the U.

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Coinbase CEO hints leaving the U.S. for UK is 'on the table'

Coinbase CEO said relocating the exchange's headquarters to the UK is possible if the U. S. regulatory situation doesn't improve. The CEO also added that the UK is its second-largest market in tThe post Coinbase CEO hints leaving the U.

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Coinbase CEO says leaving the US for UK is ‘on the table’

Coinbase CEO Brian Armstrong said moving the exchange’s headquarters to the U. K. is “on the table” if the U. S. regulatory landscape does not improve. War on crypto U. S. regulators have had a frosty relationship with crypto companies since at least before 2020.

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Kraken gets regulatory approval to operate in Ireland

Kraken secured a virtual asset service provider (VASP) license from the Central Bank of Ireland on April 18. The license allows the crypto exchange to operate in the country legally. Kraken said the approval shows that it adheres to strict anti-money laundering and terrorism financing rules and added that the license is proof of its […] The post Kraken gets regulatory approval to operate in Ireland appeared first on CryptoSlate.

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Coinbase CEO Is Considering Relocating Company Outside Of The U.S. Due To Unfavorable Regulation

Coinbase, a leading cryptocurrency exchange based in the United States, is contemplating moving overseas should the U.S. fail to level the playing field with an unambiguous regulatory framework.

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Coinbase could relocate from the US if no regulatory clarity, says CEO

Key takeaways Coinbase’s CEO has revealed that the crypto exchange could relocate if there is no regulatory clarity in the United States. Brian Armstrong said the US has the potential to be an important market for crypto.

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CME Group expands its Bitcoin, Ethereum derivatives product suite

CME Group is set to expand its Bitcoin and Ethereum product lineup from May 22 – subject to regulatory approval. The world’s largest derivatives exchange said its new offerings would introduce shorter-term cryptocurrency options.

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The head of the U.S. SEC, Gary Gensler, is introducing an updated regulatory plan aimed at DeFi exchanges in the crypto space.

On Friday, the US Securities and Exchange Commission (SEC) made changes to a proposed rule, making it more explicit that digital asset exchanges and decentralized finance (DeFi) platforms must register with the regulator.

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Tron price nosedives after major exchange delisting

Tron price has dropped by more than 4% today after news of Binance. US delisting. There are a variety of factors that can cause a token to be delisted from Binance. US, which is the US branch of the Binance cryptocurrency exchange, including unethical behaviour from a crypto project and regulatory standing in the US.

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Decentralized exchange dYdX announces ’winding down‘ of services for Canadian users

“We hope that the regulatory climate in Canada will change over time to allow us to resume services in the country,” said the exchange.

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Australia cancels crypto exchange Binance's derivatives license amid regulatory review

The ASIC cancelled Binance Australia’s derivatives license, a day after it received a cancellation request from the exchange. It was only the last week that the U.S. CFTC sued Binance for allThe post Australia cancels crypto exchange Binance's derivatives license amid regulatory review appeared first on AMBCrypto.

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Binance Australia’s derivatives license revoked amid regulatory intervention

The Australian Securities and Investments Commission (ASIC) has nullified Binance‘s derivatives license, compelling the world’s biggest crypto exchange to liquidate all extant positions by April 21.

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Binance Under Pressure As Dubai Demands Additional Information About Crypto License

The Virtual Assets Regulatory Authority (VARA) in Dubai has requested crypto exchange Binance and other international firms to provide additional information regarding their ownership, management, and auditing processes as part of their permit application process.

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P2P Crypto Exchange Paxful Bites The Dust, Here’s More About It!

Paxful, a reputable P2P cryptocurrency exchange, has suspended its operations. The exchange was a prominent player in the market due to its high trading volume. The decision was announced by the company’s founder and CEO, Ray Youssef, who attributed the suspension to regulatory challenges in the industry and the departure of key personnel. Related Reading: Binance […]

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Regulation Kills off Another Exchange as Paxful Shutters

The regulatory challenges in the US have killed yet another crypto exchange, Paxful. The CEO announced the shutting down of operations. The post Regulation Kills off Another Exchange as Paxful Shutters appeared first on BeInCrypto.

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Peer-to-Peer Bitcoin Exchange Paxful to Suspend Operations

A message from CEO Ray Youssef cited key staff departures and regulatory challenges.

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Peer-To-Peer Bitcoin Exchange Paxful Suspends Marketplace

The exchange cites staff departures and regulatory challenges for the suspension, saying they’re “not sure if it will come back.”

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Another crypto exchange has decided to exit the U.S.

Bittrex is quitting the United States due to regulatory uncertainty. The crypto exchange will now commit to growing Bittrex Global. CEO Lai says customer funds are safe and available to withdraw.

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Binance Observes Largest Stablecoin Net Outflow In History: Report

The cryptocurrency exchange Binance has recently observed its largest stablecoin net outflow in history, as revealed by a report. Binance Has Seen Large Stablecoin Withdrawals Recently Binance has been under some regulatory pressure from the US government this year.

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Crypto Exchange Bittrex Closes Down U.S. Operations

Popular cryptocurrency trading platform, Bittrex, has announced it will be ceasing operations in the United States beginning from next month. According to a post via their official Twitter handle, Bittrex states that this move comes as a result of the ongoing regulatory uncertainty surrounding the U.

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Bittrex Quits US, Cites Unfavorable Regulatory Environment

Crypto exchange Bittrex is leaving the United States, citing regulatory issues which have created an uneven competitive landscape.  The post Bittrex Quits US, Cites Unfavorable Regulatory Environment appeared first on BeInCrypto.

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Australian Parliament to Debate Crypto Exchange Licensing Bill

In response to the current regulatory uncertainty surrounding cryptocurrency, Australia's legislature is considering a new bill proposed by Senator Andrew Bragg

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Ether Aims For $2,000 Amid Surging Exchange Outflows, Shapella Upgrade

Ethereum, the second largest cryptocurrency by market capitalization, continued to soar Wednesday, bucking a market-wide decline fueled by a string of recent US regulatory crackdowns on the industry.

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Binance Coin (BNB) Sees Slight Recovery After Brief Fall Amid CFTC Lawsuit

Binance Coin (BNB) has weathered a brief dip in the wake of regulatory action against the crypto exchange and CEO, bouncing back to trade near a key resistance level.   Despite news of a civil enforcement action from the CFTC causing a 5% drop to $310, BNB has since climbed back up to $314.

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Kraken Lands Sponsorship Deal With Williams Racing Despite U.S. Regulatory Crackdown

Formula 1 team Williams Racing signed U.S. crypto exchange Kraken as a sponsor after losing one of its most prominent drivers, Nicholas Latifi, who reportedly earned the team a large amount of sponsorship fees.

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Ripple CTO Proposes Regulatory Face-Off

Ripple CTO David Schwartz has called for resolution to ongoing regulatory battle between U.S. Securities and Exchange Commission (SEC) and Commodity Futures Trading Commission (CFTC) over cryptocurrency jurisdiction

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BNB tumbles in key parameters as Binance faces regulatory heat

BNB's long-term holders were forced to liquidate positions worth $1 million on 27 March. Over the past 24 hours, the net inflow from Binance exchange was negative.  Binance's native token BThe post BNB tumbles in key parameters as Binance faces regulatory heat appeared first on AMBCrypto.

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Crypto Twitter reacts to CFTC lawsuit against Binance

Binance, the largest cryptocurrency exchange in the world, and its CEO Changpeng Zhao have been sued by the US Commodity Futures Trading Commission (CFTC) for allegedly operating an “illegal” exchange and a compliance program officials have deemed “a calculated strategy of regulatory arbitrage.

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Bitcoin Sinks Below $27K After CFTC Files Suit Against Binance

BTC dropped to the lowest level since March 17 after the agency sued the crypto exchange for alleged regulatory violations. Binance Coin (BNB)’s price declined by 5%.

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Breaking: Binance and CZ sued by CFTC over US regulatory violations

The cryptocurrency exchange and its founder, Changpeng Zhao, have allegedly violated trading and derivatives rules.

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