“Coinbase has embraced regulation since we were founded over a decade ago,” the cryptocurrency exchange’s chief legal officer, Paul Grewal, told the United States Congress on June 6. “The SEC [Securities and Exchange Commission] allowed us […]
Key takeaways The US SEC has sued Binance for breaking securities rules. The regulatory agency has also sued Changpeng Zhao (CZ), the CEO of the cryptocurrency exchange. SEC sues Binance and CZ The United States […]
Pro-XRP lawyer, John Deaton, suffered a phone hack on June 4 amid a relentless cyberattack over several days. CryptoLaw, an account created by the attorney representing over 76,000 XRP (XRP) tokenholders in the Ripple vs. […]
What do progressive Democrats, Republican national security hawks and Wall Street traders have in common? They are all apparently enlisting in United States Senator Elizabeth Warren’s “anti-crypto army.” The progressive senator’s reported alliance with Marc […]
bitFlyer announced the Travel Rule restrictions will apply to TRUST-compatible exchanges across 21 countries. The exchange will also only allow transactions for TRUST-compatible cryptocurrencies, which include Bitcoin, Ethereum and some ERC-20 tokens. Crypto transfers in […]
The Federal Reserve Board of the United States has issued a consent order to Silvergate Bank and its parent company as part of the institution’s plans to “wind down operations” and liquidate. In a June […]
Bybit will not accept new account applications from Canadian residents and nationals as from 31 May. Existing customers have until 31 July and thereafter they will only be able to withdraw funds. Any open positions […]
The United States Commodity Futures Trading Commission (CFTC) has issued a staff advisory letter to registered derivatives clearing organizations (DCOs) and DCO applicants, reminding them of the risks associated with expanding the scope of their […]
Russia appears to have ditched plans for a state-run cryptocurrency exchange, according to a new report. Instead, it is looking to establish a framework to support cryptocurrency exchanges and digital assets in cross-border transactions. The […]
Binance has said that the transition to the new platform is necessary to comply with Japanese regulations. Transition to the new platform will involve users undergoing fresh KYC as from August 1, 2023. Binanace acquired […]
© Copyright 2023 Crypto.NewBabylon.us
