Is USDC the next Stablecoin to crack under the weight of regulatory pressure?

USDC almost falls victim to the same FUD (fear, uncertainty, and doubt) that recently affected BUSD. We saw an initial surge in USDC volume on the Binance smart chain from around 12 February. дальше »

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Binance USD [BUSD] maintains its peg even as outflow increases

BUSD has been able to maintain the $1 peg despite its FUD. Binance's BUSD reserve has declined to around 12.4 billion. The regulatory hammer hung above Binance for some time before landing oThe post Binance USD [BUSD] maintains its peg even as outflow increases appeared first on AMBCrypto. дальше »

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CZ Refutes Report Binance Is Considering Delisting U.S.-Based Projects In Face Of Crypto Regulatory Storm

Binance chief Changpeng Zhao (aka CZ) has shut down rumours that the global exchange is mulling severing ties with United States crypto projects owing to increased scrutiny from a host of government agencies and regulators. дальше »

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Chinese Coins Narrative Gains Steam: Check Out These Altcoins

Activity of Ponzis, regulatory easing or new phase of QE? Crypto Twitter getting ready for 'Chinese Pumps' дальше »

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Bitcoin price rally to $25K followed by total crypto market cap retest of the $1.13T resistance

This week’s bearish regulatory actions and rumors were not strong enough to suppress investors’ appetite for cryptocurrency.

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Coinbase Exec: US Congress Needs to ‘Step Up’ Its Crypto Regulatory Efforts

Faryar Shirzad, chief policy officer at the exchange, said the exchange would “love to register” its two dormant broker deals, but the reality is no clear direction has been provided by lawmakers on Capitol Hill. дальше »

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Blur Token Airdrop Spikes Ethereum Gas Prices And Burn

While the crypto market is still in an uptrend despite the Securities and Exchange Commission’s (SEC) increase in regulatory actions, projects have been seen taking advantage of the so-called ‘mini bull run’ with new launches. дальше »

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Binance CEO Denies Report About Delisting U.S.-Based Projects

Binance CEO Changpeng Zhao has dismissed rumors of the exchange considering the delisting of US-based cryptocurrencies amid growing regulatory scrutiny in the country дальше »

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Coinbase Price Target Cut by JPMorgan Due to Regulatory Risks

Analysts at J.P. Morgan cut their price target for Coinbase (COIN) stock from $60 to $52 for the year ending in December, a report from the bank on Friday showed. дальше »

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TrueFi price explodes as Binance begins minting True USD

TrueFi (TRU/USD) has surged by more than 200% since yesterday after Binance announced that it had minted 50 million True USD (TUSD/USD) stablecoins. The move comes days after the US SEC started a regulatory crackdown on Binance USD (BUSD/USD), Binance’s native stablecoin. дальше »

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Binance CEO says the stablecoin landscape is shifting

The market cap of Binance USD (USD) stablecoin has declined by $2. 45 billion. Over $2. 37 billion has moved from BUSD to Tether (USDT). USD Coin (USDC) has also seen its market cap shrink by about $739 million amid the regulatory events of the past few days. дальше »

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CZ: ‘Landscape is shifting,’ following 15% drop in BUSD market cap

Binance CEO Changpeng Zhao (CZ) said the “landscape is shifting,’ concerning stablecoin movements triggered by recent regulatory pressures. The post CZ: ‘Landscape is shifting,’ following 15% drop in BUSD market cap appeared first on CryptoSlate. дальше »

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BUSD exchange outflows reach monthly peak as Paxos fuels mass exodus

BUSD gets dumped after regulatory push against Paxos. The amount of BUST supply on exchanges is now down to its lowest point this month. The regulatory hammer has fallen hard and this time iThe post BUSD exchange outflows reach monthly peak as Paxos fuels mass exodus appeared first on AMBCrypto. дальше »

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Oman to establish regulatory framework for virtual assets

Despite the warnings about investing in digital assets by Oman’s central bank, about 65,000 residents hold cryptocurrencies.

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Binance mints 50M TrueUSD days after Paxos ordered stop issuing BUSD

Despite the minting of $50 million in TUSD, Zhao previously said the regulatory crackdown on stablecoins in the U.S. will cause the USD-back stablecoin market to “shrink.” дальше »

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SEC To Sue Firm Behind Failed Terra Stablecoin, Terraform Labs

Nearly a year after the demise of Terra and it’s UST stablecoin, the SEC is in pursuit. It’s the latest in a suite of regulatory hammers that the Securities and Exchange Commission has been bringing to the pavement in crypto lately. дальше »

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DeFi platforms can comply with regulations without compromising privacy — Web3 exec

Zero-knowledge proofs, decentralized identifiers and more could help DeFi protocols maintain regulatory compliance without exposing their users. дальше »

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Banks cut crypto ties amid regulatory scrutiny

U.S. lenders are distancing themselves from crypto companies in the wake of increased scrutiny of the industry by regulatory agencies in the country. дальше »

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Stablecoins need rules to unlock potential, says Canadian think tank

Jeremy Kronick and Mark Zelmer argue in a new report that stablecoins need “a comprehensive regulatory framework. ” The two work with C. D. Howe Institute, a leading Canadian think tank keen on raising living standards for the ordinary people by advocating for sound public policies. дальше »

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Crypto Industry Body GBBC Joins Securities Regulator Group IOSCO as Affiliate Member

GBBC Digital Finance's goal is to engage regulators to inform how policy will be developed by the world's major regulatory bodies. дальше »

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Binance Prepares To Pay Fines To Settle Outstanding U.S. Regulatory Probes

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Cosmos price outlook: Is ATOM a buy ahead of today’s Rho upgrade?

The Cosmos (ATOM/USD) price broke down from a rising channel this week as cryptocurrencies reacted to the regulatory crackdown on stablecoins, particularly orders against Paxos to cease issuing the Binance USD (BUSD) stablecoin. дальше »

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Bitcoin (BTC) Reaches Highest Level in Nearly One Week

Bitcoin has experienced a price surge despite the downturn in the stock market and regulatory scrutiny in the U.S. дальше »

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Ex-SEC Official on Crypto: 'Get Out Now'

John Reed Stark has warned cryptocurrency investors to 'get out now' amid increasingly aggressive regulatory actions in US дальше »

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Can you trust crypto exchanges after the collapse of FTX?

On Oct. 25, 2022 — about two weeks before the collapse of the world’s third-largest cryptocurrency exchange, FTX — prominent DeFi architect Andre Cronje published a foreboding article with a chilling warning on the state of centralized cryptocurrency exchanges: “Remedies under the current regulatory regime are ineffective. дальше »

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Bitcoin price analysis: BTC retests $22.8k as hashrate hits 300 EH/s

Bitcoin (BTC/USD) rose on Wednesday as the crypto market strengthened following the week’s turmoil amid negative regulatory news and uncertainty across stock markets after Tuesday’s US inflation data. дальше »

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Matrixport Executive Thinks BUSD Crackdown Won’t Spread To All Stablecoins

Matrixport’s executives believe the regulatory enforcement on BUSD will not impact all stablecoins. Moreover, according to the executive, other issues surround the crackdown. The United States regulators are striking hard on some crypto firms, including Kraken, Coinbase, and Paxos. дальше »

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Regulators’ attack cost Binance exchange almost $1 billion

Against the background of sharply increased regulatory pressure, market participants massively withdrew assets worth almost $1 billion from the Binance exchange in a few days. In the last few days, the world’s largest crypto exchange has been experiencing a record amount of outflow of funds. дальше »

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Heartbreak Or Romance: What’s In Store For Bitcoin On Valentine’s Day?

Bitcoin is trending in the red in synchrony with a calendar date celebrated by millions, San Valentin; the cryptocurrency is showing anything but love to short-term investors. Following an important rally from a low of $16,500, the cryptocurrency began a descent amid an increase in regulatory scrutiny against the industry. дальше »

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Crypto stocks struggle under regulatory concerns

Crypto stocks trading in the U.S. market have been underperforming today as investors await the release of the Consumer Price Index (CPI) data. дальше »

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Algorand Foundation CEO: SEC’s Crypto Crackdown Highlights Lack of Regulatory Clarity

Staci Warden says crypto-native firms are being punished rather than given guidance. дальше »

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Binance USD's $16B Market Cap Up for Grabs as Paxos Regulatory Action Stirs Up Stablecoin Rivalry

Tether’s USDT stablecoin will likely be a big winner as Paxos stops issuing Binance USD stablecoin after being sued by the top U.S. securities watchdog. дальше »

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DBS Bank the Latest Business to Rush to Hong Kong as the Territory Plans to Become a Crypto Hub

Businesses like Huobi and DBS bank are expanding to Hong Kong. The country adopted to a robust regulatory framework. The post DBS Bank the Latest Business to Rush to Hong Kong as the Territory Plans to Become a Crypto Hub appeared first on BeInCrypto. дальше »

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BTCRUB pair bucks the trend against major currencies

Quick Take In the last six months, BTC is up over 4.4% against the Russian Ruble This comes on the back of a lot of positive reports coming out of Russia with pro-crypto interests Bitcoin is down over double digits in the same time frame against other major currencies that take a different regulatory approach […] The post BTCRUB pair bucks the trend against major currencies appeared first on CryptoSlate. дальше »

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Expert: SEC’s war on crypto just getting started

Marcus Sotiriou, a market analyst at UK-listed digital asset firm GlobalBlock, says the SEC is just starting in its crackdown on crypto. The analyst said this in a note to clients on Monday following regulatory moves against crypto firm Paxos and the stablecoin BUSD. дальше »

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BNB coin price slips amid Binance outflows, BUSD woes

Binance Coin has made a strong bearish breakout in the past few hours. Paxos was ordered by US regulators to stop minting BUSD. Binance has seen significant outflows in the past 7 days. Binance Coin (BNB) price pulled back on Monday, becoming the worst-performing big-cap coin, as regulatory concerns continued. дальше »

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Binance Says BUSD ‘Funds Are Safu’ but a Regulatory Cloud Is Forming Over the US

February has been a great month for the narrative that crypto’s natural home is in Asia. дальше »

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Paxos to Stop Minting Stablecoin BUSD Following Regulatory Action

It was reported on Sunday that the SEC intended to sue Paxos for selling BUSD as an unregistered security. дальше »

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Bernstein Says Regulatory Backlash Will Lead to More DeFi and Offshore Crypto

Regulatory overreach will spur movement toward decentralized finance apps built directly on-chain by anonymous teams, the report said. дальше »

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Analyzing Bitcoin miners' condition in the wake of increased regulatory purview

Some U.S. states implemented soft laws for crypto mining regulation. Miner reserves highlight a lack of incentive for miners to HODL. Regulators in the U.S. are ramping up their efforts in aThe post Analyzing Bitcoin miners' condition in the wake of increased regulatory purview appeared first on AMBCrypto. дальше »

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PayPal pauses Stablecoin development amid regulatory crackdown

Fintech giant PayPal has paused the work on its upcoming stablecoin due to the current regulatory environment in the crypto industry.  Its stablecoin development partner Paxos is currently facThe post PayPal pauses Stablecoin development amid regulatory crackdown appeared first on AMBCrypto. дальше »

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Robinhood Records 25% Loss In Crypto Revenue For Q4

The crypto market witnessed several declines in 2022, resulting from market forces, regulatory uncertainty, and decreased demand for cryptocurrencies, particularly Bitcoin. These events led to a drop in the prices of many popular cryptocurrencies, with some coins losing a significant portion of their value. дальше »

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Ripple CEO praises ‘positive global regulatory developments’ happening outside US

Ripple CEO Brad Garlinghouse said the number of positive global regulatory developments happening in the crypto industry is “energizing. ” In a February 9 Twitter thread, Garlinghouse praised regulators in Dubai, the United Kingdom, Australia, Brazil, and South Korea for providing “leadership” and “clarity” for crypto firms. дальше »

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Bitcoin price taps 3-week lows as SEC fears liquidate $250M of crypto longs

Panic over regulatory enforcement sees Bitcoin and altcoins give up recent gains, costing long traders over a quarter of a billion dollars in a single day. дальше »

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Ripple CEO Calls Global Regulatory Developments “Energizing”

Ripple CEO Brad Garlinghouse has described the recent global regulatory developments in the crypto market as "energizing" дальше »

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SEC, NYDFS, and OCC Gear Up for Battle With Crypto, Stablecoins, and Exchanges

The American regulatory war on crypto is heating up with an expected avalanche of enforcement actions from various U.S. departments. The post SEC, NYDFS, and OCC Gear Up for Battle With Crypto, Stablecoins, and Exchanges appeared first on BeInCrypto. дальше »

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Dubai Sets The Pace By Issuing Landmark Virtual Asset Regulations

In one of the most comprehensive efforts to create a crypto regulation framework, Dubai’s Virtual Asset Regulatory Authority (VARA) has issued its Virtual Asset Regulatory Authority 2023 regulations. дальше »

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Twitter to support longer tweets as they seek regulatory license as a payment platform

Twitter now supports longer tweets a they they seek to get licenses to build a payment system that may also support cryptocurrencies. дальше »

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Lido Finance (LDO) on Massive Move Following Brian Armstrong's Tweet

Lido Finance is at top of market once again, but this time thanks to regulatory clampdown дальше »

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SEC launches investigation into Kraken

The US Securities and Exchange Commission (SEC) is looking into Kraken, one of the biggest cryptocurrency exchanges, for potential violations of securities laws. Kraken under investigation The investigation by the regulatory body into the potential sale of unregistered securities by… дальше »

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