Crypto Biz: The race for a Bitcoin spot ETF, Wall Street’s new crypto exchange and more

The bid for the first Bitcoin spot ETF in the United States is gaining traction following BlackRock’s recent application.

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Ethereum Staking Is Now Available in the United Kingdom on Gemini

Gemini, the Winklevoss-owned exchange, introduces Ethereum staking in the UK, enabling high-net-worth individuals and institutions to become Ethereum validators, despite the company facing a lawsuit from the US SEC. дальше »

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US Supreme Court halts Coinbase cases in its first crypto ruling

The United States Supreme Court ruled in favor of Coinbase in its first-ever opinion on a cryptocurrency case on June 23.

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Leveraged Bitcoin Futures ETF to Start Trading Tuesday, Sponsor Says

Volatility Shares’ 2x Bitcoin Strategy ETF (BITX) will become the first leveraged crypto ETF available in the United States after the U.S. Securities and Exchange Commission (SEC) let it go effective on Friday, an executive at the company told CoinDesk. дальше »

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Japan’s Largest Bank MUFG To Introduce Stablecoins Anchored To Global Currencies

One of Japan’s most prominent banks, Mitsubishi UFJ Financial Group (MUFG), has announced its intention to issue global stablecoins linked to various foreign currencies, notably the United States dollar. дальше »

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Binance.US Resolves USD Withdrawal Woes, But Sounds A Warning Bell

Binance. US, the United States-based cryptocurrency exchange, has successfully resolved the issue concerning the withdrawal of US dollars. Binance. US resolved USD withdrawal issues but warns of potential future disruptions. дальше »

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Japan’s largest bank MUFG to issue stablecoins tied to foreign currencies

Japan’s leading bank Mitsubishi UFJ Financial Group (MUFG), plans to issue global stablecoins tied to foreign currencies (including the United States dollar). The financial giant will mint the coins through its Progmat platform. дальше »

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Coinbase Report: Over 50% Of Fortune 100 Companies Have Blockchain Initiatives In Pipeline

The cryptocurrency industry in the United States seems set for continuous expansion, despite the increasing regulatory pressure in the country. According to a new report by crypto exchange Coinbase, several leading U. дальше »

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Spot Bitcoin ETF Craze: Valkyrie Becomes The Latest Firm To Apply For SEC Approval

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Binance.US Initiates Lawsuit, Alleging SEC’s Misleading Statements

A motion has been filed by lawyers representing Binance. US, Binance Holdings Limited (the global exchange), and Binance CEO Changpeng “CZ” Zhao. The motion alleges that the United States Securities and Exchange Commission (SEC) provided misleading statements regarding an ongoing securities lawsuit. дальше »

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Binance Brazil is being investigated for suspected pyramid schemes

Binance has been under fire from regulators in the United States, Australia, the Netherlands, and now Brazil. Binance. US and its legal team have, however, alleged that the SEC issued misleading statements in the lawsuit. дальше »

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Ripple CTO: Federal Judges Echo Public Frustration Toward SEC

Crypto investors have been reacting to the recent lawsuits that the United States Securities and Exchange Commission (SEC) filed against some major crypto exchanges. In a recent post, Ripple CTO, David Schwartz, stated that federal judges have started to feel people’s frustration with the enforcement actions from the SEC. дальше »

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WisdomTree Investments Joins Blackrock, Files For Bitcoin ETF

Several United States asset managers have sought the US Securities and Exchange Commission’s (SEC) blessing to start a spot Bitcoin exchange-traded fund (ETF). However, companies like WisdomTree, Grayscale, and One River Asset Management only received the SEC’s rejection. дальше »

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Gemini announces APAC expansion, unveils Indian engineering base

Gemini crypto exchange has announced its expansion to the Asia Pacific region, with Singapore serving as the company’s hub for its operations on the continent. The team also plans to launch an engineering base in India. As the United States… дальше »

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US lawmakers introduce National AI Commission Act

A group of United States lawmakers introduced a bill to establish a commission on the approach toward artificial intelligence.

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Gemini Goes Global: Expands Singapore Hub To Drive Crypto Adoption Beyond US Shores

Gemini, the US-based cryptocurrency exchange founded by the twin brothers Tyler and Cameron Winklevoss, has announced its plans to expand its operations in the Asia-Pacific (APAC) region.  The company’s leadership team recently visited the region on a global mission to drive the adoption of cryptocurrencies beyond the shores of the United States.  Gemini Sets Sights […] дальше »

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Binance UK Office Among 2,403 Companies Occupying Shared Space In Suffolk

The registered address for Binance UK has been revealed as the exchange looks to exit the region. In a recent development, thousands of companies were discovered to share a small building as an office in Suffolk, United Kingdom. дальше »

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Why The Ripple General Counsel Demands Impartiality From SEC Staff

In a recent post, the Chief Legal Officer of Ripple, Stuart Alderoty, stated that legally federal employees must act impartially. As such, the United States Security and Exchange Commission (SEC) especially should comply with rigid rules. дальше »

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House of Lords conducts final review of financial services bill before returning to House of Commons

During a session in the House of Lords, lawmakers in the upper house of the United Kingdom Parliament voiced their support for the Financial Services and Markets Bill. дальше »

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Gemini plans Asia-Pacific expansion as part of 'next wave of growth for crypto'

The crypto exchange has already announced efforts to expand into Canada and Europe amid a lawsuit from the United States Securities and Exchange Commission. дальше »

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Global Crypto Revenue To Reach $1.1 Trillion By 2030, GlobalData Reports

Following an unpleasant end to 2022, the cryptocurrency industry has been on an ascent in the first half of 2023, with a growing global crypto revenue. Although regulatory charges have been at an all-time high, especially in the United States, the positive trend of 2023 is expected to continue, as global crypto revenue has been […] дальше »

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Binance Faces Regulatory Headwinds: UK Registration Canceled, Exits Netherlands, Cyprus

In the latest development surrounding Binance, the world’s largest cryptocurrency exchange, the company has officially canceled its registration in the United Kingdom. The UK Financial Conduct Authority (FCA) approved Binance’s request to deregister Binance Markets Limited (BML) (BML) on May 30, 2023, effectively ending its authorization to provide regulated services in the country. дальше »

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Bill recognizing crypto as ‘regulated activity’ in UK passes House of Lords

The United Kingdom’s House of Lords passed the Financial Services and Markets Bill today, marking a major step in the country’s effort to regulate crypto-assets and their providers. Introduced on July 20, 2022, this legislation could impact the cryptocurrency markets considerably. дальше »

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Binance.US Customers’ Assets To Remain In The US Till SEC Litigation Is Over

According to a June 17, 2023 press release, the US Securities and Exchange Commission (SEC) has secured emergency relief against Binance Holdings Limited. Binance CEO Changpeng Zhao also agreed to repatriate to the United States (US) all assets for Binance. дальше »

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Why Binance Canceled Its UK License, Continues European Market Exit

The world’s largest crypto exchange Binance continues to pull out from the European market. According to the United Kingdom’s Financial Conduct Authority (FCA), the company canceled its license to operate in the country. дальше »

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Report: Do Kwon Refutes Passport Forgery Claims, Shifts Blame To ‘Chinese’ Agency

The Terraform founder Do Kwon, facing eight count charges in the United States for the ecosystem crash, recently denied two allegations against him. Do Kwon was accused of traveling with forged documents and sending financial donations to a former Montenegro minister. дальше »

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The United States Isn’t Banning Crypto, It’s Letting Legacy Firms Take Over

As the US refrains from banning crypto, legacy firms like BlackRock, Soros Fund Management, and EDX Markets are ushering in a new era. The takeover is less of a hostile act and more of a natural evolution, marking the maturation of the cryptocurrency sector. дальше »

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Binance cancels registration with UK’s FCA

The registration of Binance Markets Limited (BML), a subsidiary of Binance based in the United Kingdom, has been formally cancelled by the Financial Conduct Authority (FCA). Binance seems to play safe even after it reached a deal with the US Securities and Exchanges Commission (SEC) addressing SEC’s motion to freeze Binance. дальше »

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Binance cancels registration in the UK amid regulatory scrutiny

Binance’s deregistration with the FCA did not have an operational impact, as it had never done business in the United Kingdom, a regional manager said. дальше »

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Binance launches Spot DCA to reduce the impact of market fluctuations

Binance updates confirm the trading company continued its regulatory battle with the United States Securities & Exchange Commission. Invezz. com reports show Binance and SEC reached an agreement that allowed the former to keep operating in the US. дальше »

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DigiToads Fast-Rising Even as Bitcoin Trades At a $2k Premium in The United States

Valuations have always been a big problem in the cryptocurrency sector. Concerns over Bitcoin (BTC) trading at a premium of over $2,000 in the US on Binance rattled the markets forcing investors to look elsewhere for gems trading at discounts. дальше »

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Mango Markets’ Alleged Exploiter Set to Face Trial in December for $116M Theft Accusation

Crypto User Avraham Eisenberg to Face Trial in December for Alleged $116M Theft from Mango Markets Avraham Eisenberg, the individual accused of orchestrating a significant exploit on decentralized exchange Mango Markets, is set to stand trial in the United States on December 4th. дальше »

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Bakkt Delists Solana, Cardano, And Polygon Amid Regulatory Uncertainty

New York-based digital assets platform Bakkt has decided to delist three prominent cryptocurrencies—Solana, Cardano, and Polygon—due to regulatory uncertainty and a lack of clarity. This move follows recent lawsuits filed by the United States Securities and Exchange Commission (SEC) against leading crypto exchanges Coinbase and Binance, alleging the sale of unregistered securities, including Solana, Cardano, […] дальше »

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Coinbase Tackles SEC’s Conduct, Says Commission’s Response Is ‘Evasive’

The plot thickens as Coinbase exchange strives for a clear regulatory scheme in the United States. Following a “noncommittal” and unsatisfactory response from the Securities and Exchange Commission (SEC), the US-based crypto company has submitted another official petition to a federal court on Saturday. дальше »

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Binance.US Reaches Agreement With SEC On U.S. Operations Amid Ongoing Lawsuit

In the latest turn of events, Binance. US has struck an agreement with the United States Securities and Exchange Commission (SEC), allowing the crypto company to continue its operations even as it battles the fraud charges levied against it by the commission. дальше »

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United States Bitcoin Supply Plunges Over 10%, Asian Markets Win Big: Glassnode Data

Often warned by industry executives, the United States is losing its grip on digital assets more significantly in Bitcoin (BTC) although a much safer investor atmosphere could cause a turnaround. дальше »

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Just in: Binance Global and Binance US reach a deal with the SEC

Cryptocurrency exchange Binance and its American arm Binance US reached a new deal with the United States Securities & Exchange Commission. The proposed agreement restricts Binance Global officials from accessing Binance US tools and wallets. дальше »

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Digital Asset Platform Bakkt Follows Robinhood In Delisting Cardano, Polygon, Solana After SEC Lawsuits

Intercontinental Exchange-owned Bakkt has delisted Solana, Polygon, and Cardano, adding to a growing list of crypto firms ending support for the tokens amid a wave of regulatory uncertainty in the United States. дальше »

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Crypto Biz: Crypto outflows surge, a16z’s UK office, and the silent altcoins ban

A tight regulatory environment in the United States, coupled with soaring interest rates, is forcing crypto companies to rethink their business strategies. дальше »

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FTX Creator Sam Bankman-Fried Confronts Dual Legal Proceedings

“FTX Co-Founder Sam Bankman-Fried to Face Dual Trials as Criminal Charges are Split” In a significant legal development, the Department of Justice’s charges against Sam Bankman-Fried, the co-founder of FTX, will be subject to separate trials after his extradition to the United States. дальше »

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Prometheum Founder Predicts SEC Victory In Ripple Lawsuit, XRP Community Responds

Founder and CEO of crypto brokerage firm Prometheum Aaron Kaplan’s support for the SEC in a recent Daily Drop episode stirred the Ripple community’s reaction. In the interview, Kaplan said the United States Securities and Exchanges Commission would win in the Ripple lawsuit. дальше »

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Avorak preempts the US rejection of crypto by not forming US company before clear regulations

Amidst the SEC chaos, Avorak AI elicits a proactive approach to navigate the uncertain regulatory environment in the United States. Recognizing the potential complexities and challenges arising from unclear regulations, Avorak abstained from forming a company within the United States until regulatory clarity was achieved. дальше »

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Digital Pound One Step Closer, Bloomberg Says

Project Rosalind, ambitious CBDC experiment in United Kingdom, has concluded successfully дальше »

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The Funerary Mask of Tutankhamun Licensed NFTs To Release In 3D and Augmented Reality on ElmonX – News Going Viral

A symbol of Egyptian History: The Funerary Mask of Tutankhamun releases as an NFT soon on ElmonX. London, United Kingdom, June 15, 2023, Get ready to be mesmerized as ElmonX introduces its highly anticipated NFT collection, “ElmonX: The Funerary Mask of Tutankhamun (c. дальше »

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Is Miami Mayor Francis Suarez the Most Pro-Bitcoin 2024 Candidate So Far?

The popular mayor of Miami, Francis Suarez, has just announced his candidacy for President of the United States. He is probably the most pro-Bitcoin candidate to enter the race thus far. The post Is Miami Mayor Francis Suarez the Most Pro-Bitcoin 2024 Candidate So Far? appeared first on BeInCrypto. дальше »

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BlackRock to File for Bitcoin ETF in the United States

As the world's largest asset manager, BlackRock's intent to file a Bitcoin ETF represents a seminal moment in financial history, blurring the lines between traditional investment dynamics and the burgeoning realm of digital currencies. дальше »

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Trader sentiment falls to a three-year low

Amidst the United States' crackdown on cryptocurrencies, bitcoin, and other cryptos have experienced a significant price decline. дальше »

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Binance introduces Bitcoin mining cloud services amid regulatory pressure

Key takeaways Binance users interested in Bitcoin mining can now subscribe to Binance’s cloud mining services starting today. The new service comes despite Binance currently facing regulatory pressure in the United States. дальше »

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BlackRock Edges Closer To Bitcoin ETF Filing: Bullish Impact On BTC’s Price?

Per a Coindesk report, BlackRock, the world’s largest asset manager, is reportedly getting closer to filing an application for a Bitcoin (BTC) Exchange-Traded Fund (ETF) in the United States.  According to an anonymous source familiar with the matter, the company will use Coinbase (COIN) Custody for the ETF and the cryptocurrency exchange’s spot market data […] дальше »

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OKX Middle East Receives MVP Preparatory License From VARA in Dubai

Dubai, United Arab Emirates, June 15th, 2023, Chainwire UAE to serve as strategic global and regional business hub, OKX to expand to 30 staff OKX, the second-largest crypto exchange by trading volume and a leading Web3 technology company, today announced that OKX Middle East Fintech FZE (OKX Middle East) has received a Minimal Viable Product […] The post OKX Middle East Receives MVP Preparatory License From VARA in Dubai appeared first on CoinJournal. дальше »

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