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Binance, the renowned cryptocurrency exchange, declares its withdrawal from the Canadian market due to escalating regulatory pressures.

Binance, the world’s largest cryptocurrency exchange by volume, has made the decision to halt its operations in Canada, citing the challenging regulatory landscape as the primary reason. In a tweet on Friday, the company expressed disappointment regarding the new regulations pertaining to stablecoins and investor limits, which have rendered the Canadian market untenable for Binance […] Сообщение Binance, the renowned cryptocurrency exchange, declares its withdrawal from the Canadian market due to escalating regulatory pressures. появились сначала на Coinstelegram. дальше »

2023-5-14 21:31


Former Executive Backs Up Lawsuit Against FTX Celebrity Promoters

A former FTX regulatory officer, Daniel Friedberg, has come forward to back the lawsuit against FTX celebrity promoters, adding weight to the allegations leveled against the cryptocurrency exchange. Due to his knowledge of the company’s internal compliance practices, Friedberg’s decision to support the legal action is a significant blow to FTX. дальше »

2023-5-13 13:58


US Chamber of Commerce sides with crypto industry, blasts SEC

The U.S. Chamber of Commerce has sided with Coinbase and the crypto industry, blasting the Securities and Exchange Commission (SEC) over its regulatory approach. In a May 9 court filing, the advocacy group presented several critical arguments about how the SEC deliberately muddied the waters by claiming sweeping authority over digital assets — while deploying […] The post US Chamber of Commerce sides with crypto industry, blasts SEC appeared first on CryptoSlate. дальше »

2023-5-12 13:30


Binance is turning to the United Kingdom for regulatory oversight as the United States intensifies its crackdown on the crypto industry.

Amidst a challenging business environment in the United States due to increased regulatory actions against cryptocurrencies, Binance, the popular crypto exchange, is now seeking regulation in the United Kingdom, according to the company’s Chief Strategy Officer, Patrick Hillmann. дальше »

2023-5-12 18:39


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VC investments in European projects rise in Q1 2023

Venture capital investment into European crypto projects increased almost ten times in the past year, going from 5.9% in the first quarter of 2022 to 47.6% in Q1 of 2023. Circle Director of Research and Policy Patrick Hansen noted that this increase resulted from the region’s regulatory clarity following the European Union passage of the […] The post VC investments in European projects rise in Q1 2023 appeared first on CryptoSlate. дальше »

2023-5-11 13:45


Binance chief strategy officer criticizes US crypto rules; exchange wants to be regulated in UK

Binance’s Chief Strategy Officer Patrick Hillman criticized the United States’ regulatory landscape during a live event on May 10. Hillman says U. S. is in a “weird place” Hillman said during the Financial Times’ Crypto and Digital Assets Summit that regulations have made it difficult for Binance to work in the U. дальше »

2023-5-11 23:14


Bloomberg reports that two prominent market makers, Jane Street and Jump, are stepping back from their involvement in crypto trading within the United States.

Jane Street and Jump Trading, two major market makers, are reportedly retreating from crypto trading activities in the United States, according to a report by Bloomberg. The decision is said to be influenced by the increasing regulatory scrutiny faced by the cryptocurrency industry in the country. дальше »

2023-5-10 21:03


USDC market cap below $30 billion, struggles signify crypto turmoil

Key Takeaways USDC’s market cap has dipped from $54 billion to $30 billion in the last eight months The stablecoin has lost market share since March, falling from 32% to 23% Regulatory concerns and the fallout from the SVB collapse have plagued the stablecoin, whose struggles signify the capital flight out of the crypto industry […] The post USDC market cap below $30 billion, struggles signify crypto turmoil appeared first on CoinJournal. дальше »

2023-5-10 17:54