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Binance, CZ Agree to Repatriate US Customer Assets, SEC Secures Court Order
17.6.2023
Binance and the U.S. Securities and Exchange Commission (SEC) struck a deal to avoid the freezing of the crypto exchange’s assets in the United States. Under an emergency relief secured by the regulator, Binance agreed to repatriate to the U.S. funds held on behalf of customers of its American...
Binance Pulls Out of Netherlands, Seeks to Deregister Cyprus Unit
17.6.2023
The world’s largest crypto exchange, Binance, said it’s exiting the Dutch market as it has been unable to obtain registration as a crypto service provider. The news comes after Binance’s entity in Cyprus applied to be removed from the country’s register of digital asset service providers. Binance...
SEC and Binance.US strike a temporary agreement on asset access
17.6.2023
Proposed measures include restricting Binance Holdings officials' access to private keys and disclosing business expenses
Cameron Winklevoss Criticizes SEC Regulatory Approach: ‘Securities Laws Written in 1933 Don’t Meet the Realities of the World Today’
17.6.2023
Cameron Winklevoss, a co-founder of Gemini, a U.S.-based cryptocurrency exchange, criticized the U.S. Securities and Exchange Commission’s (SEC) posture regarding cryptocurrency regulation. Winklevoss stated that the SEC laws written in 1933 are obsolete today, and their application would...
Binance, SEC Strike Deal to Move All U.S. Customer Funds, Wallet Keys Back Onshore
17.6.2023
Binance, Binance.US and the Securities and Exchange Commission (SEC) announced a deal to ensure that only Binance.US employees could access customer funds late Friday
DAI Emerges as Third-Largest Stablecoin, Overtaking BUSD in Market Capitalization
17.6.2023
Makerdao’s DAI stablecoin is now the third-largest stablecoin by market capitalization, surpassing Binance USD (BUSD), which has officially declined to $4.304 billion. DAI’s market valuation on Friday, June 16, 2023, is approximately $4.394 billion, but the number of circulating...
Crypto Biz: Crypto outflows surge, a16z’s UK office, and the silent altcoins ban
16.6.2023
A tight regulatory environment in the United States coupled with soaring interest rates is forcing crypto companies to rethink their business strategies
Price analysis 6/16: BTC, ETH, BNB, XRP, ADA, DOGE, SOL, MATIC, LTC, DOT
16.6.2023
Bitcoin has reclaimed the $26,000 level, but will large cap altcoins follow BTC's rebound?
Bitcoin Price Outlook for June
16.6.2023
Halfway through June, crypto markets have been rocked by several macro factors, which have brought bears to return to action. Bitcoin has moved below $25,000 for the first time since March, as the Security and Exchange Commission (SEC) sued both Binance and Coinbase. The Federal Reserve has also...
Bitcoin price eyes $26K ‘acceleration’ zone as Binance fears fade
16.6.2023
An ongoing recovery from U.S. macroeconomic policy updates could spell more sustained progress for BTC price into the holiday weekend
SEC Enforcement Director: 'We're Not Concerned With the Labels' in Crypto Cases
16.6.2023
Binance Is Being Investigated by French Authorities: Bloomberg News
16.6.2023
Binance is under investigation by French authorities for “acts of aggravated money laundering,” an official for the Paris public prosecutor’s office told Bloomberg.
The world’s largest cryptocurrency exchange is also being investigated for the “alleged illegal provision of digital asset services...
French Investigation Targets Binance: Allegations of Money Laundering and Regulatory Violations
16.6.2023
Binance, the crypto exchange with the highest trade volume globally, is currently facing an investigation for suspected money laundering activities, as reported by the French publication Le Monde. The finance judicial investigation service of France is currently scrutinizing the actions...
Binance under investigation in France since February 2022: Report
16.6.2023
The French arm of Binance is reportedly under investigation by the French authorities on charges of "aggravated money laundering.'
Bitcoin price eases downside as traders demand $24.5K support holds
16.6.2023
While little changed, BTC price monitors hope that a "cascade" to $23,000 can be avoided
Binance Under Investigation in France for 'Aggravated' Money Laundering
16.6.2023
Binance is accused of illegally canvassing local customers outside of the legal framework, and for implementing poor money laundering checks
Ripple CEO Brad Garlinghouse: SEC ‘Weaponized the Lack of Regulatory Clarity,’ Threw ‘an Entire Industry Into Chaos’
16.6.2023
Ripple CEO Brad Garlinghouse has criticized the role that the U.S. Securities and Exchange Commission (SEC) decided to assume against the cryptocurrency industry. After the release of the Hinman docs, which explain the internal discussions of the institution before the now famous Hinman speech...
Binance is leaving the Dutch market: Here's when
16.6.2023
Crypto exchange Binance announced its departure from the Netherlands, with users asked to withdraw their funds as soon as possible
Binance to Quit Netherlands After Failing to Acquire License
16.6.2023
The crypto exchange's attempt to secure a virtual asset service provider (VASP) license from the Dutch regulator was unsuccessful
Mark Cuban takes on SEC, John Reed Stark and ‘crypto derangement syndrome’
16.6.2023
The billionaire investor got stuck into a heated debate with former SEC official John Reed Stark over crypto regulation