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SEC's Temporary Restraining Order Would 'Effectively End' Binance.US Business, Company Claims
12.6.2023
A Securities and Exchange Commission (SEC) Monday effort to freeze Binance.US's funds is a "draconian and unduly burdensome" move, the U.S. affiliate of the global crypto exchange argued Monday
Binance.US Adds to Its Legal Defense in Wake of SEC Lawsuit: Bloomberg News
12.6.2023
Binance.US has bulked up its legal expertise and added four lawyers to fight recent charges from the US Securities and Exchange Commission.
One of those lawyers includes former co-director of the SEC’s enforcement division, George Canellos, according to Bloomberg News.
Canellos was also...
Price analysis 6/12: SPX, DXY, BTC, ETH, BNB, XRP, ADA, DOGE, SOL, MATIC
12.6.2023
Market observers will closely watch the United States CPI data and the Fed’s policy decision to provide direction to the stock and crypto market
Potential Venus Protocol Liquidation Raises Concerns in BNB Community
12.6.2023
Crypto market observers are currently focusing on the Venus Protocol this week as the protocol grapples with a possible liquidation of binance coin (BNB). The hacker who exploited the BNB blockchain managed to secure $150 million in stablecoins through the use of Venus. If the price of BNB slips...
Binance.US Market Depth Declines 76% in June Following SEC Lawsuit
12.6.2023
Binance.US’s market depth has dropped in June as market makers are fleeing the exchange following the SEC’s lawsuit
Latin American Crypto Holders Shift to Bitget Exchange Following Binance and Coinbase SEC Crackdown
12.6.2023
In the aftermath of the US Securities and Exchange Commission’s crackdown on major crypto exchanges Binance and Coinbase, Latin America’s crypto holders have reacted to this development with a surge of new accounts registered with Bitget, a crypto derivatives exchanges.
The American regulator...
Cardano's worst week since May 2021 is over — Will ADA price rebound 40%?
12.6.2023
The price of Cardano lost 30% over the past week as it gets delisted from popular trading platforms such as Robinhood following the U.S. SEC intervention
Open Interest in Binance's BNB Token Futures Jumps to 5-Month High
12.6.2023
The surge in open interest comes alongside a decline in price and signals an influx of bearish short positions in the market
Binance CEO CZ responds as data points to billions in exchange outflows
12.6.2023
Data analytics platforms have reported billions of dollars in outflows from Binance over the last week, but this can be misinterpreted, argues Changpeng Zhao
Former SEC Official Predicts Impending DOJ Indictment Against Binance
12.6.2023
Former Securities and Exchange Commission (SEC) official John Reed Stark said on Sunday via Twitter that he believes the U.S. Department of Justice (DOJ) has filed or will file a criminal indictment related to Binance. Stark, who draws from his experience in the SEC Enforcement Division, pointed...
'Near impossible to know' what is and isn't a security: Mark Cuban on SEC
12.6.2023
The billionaire is the latest to argue that the SEC hasn’t provided crypto firms with a registration process to follow
ALGO, FLOW rebound from all-time lows, others rebuff SEC securities label
12.6.2023
The SEC’s tagging of cryptocurrencies as securities has greatly affected the crypto market causing Algorand and Flow to hit historic lows on June 10
Former SEC Chairman Jay Clayton on Enforcement Actions: Crypto Should Be Treated With ‘Nuance’
11.6.2023
Jay Clayton, former U.S. Securities and Exchange Commission (SEC) chairman, gave his opinion about how the organization approaches enforcement in the crypto space. In a Bloomberg Invest panel, Clayton stated that while he supports the agency and the law, the crypto regulation issue should...
Binance Faces Regulatory Hurdle in Nigeria: Ordered to Cease Operations
11.6.2023
Binance, the world's largest cryptocurrency exchange by trading volume, has been ordered to cease operations in Nigeria by the country's Securities and Exchange Commission (SEC).
In a recent statement, the regulator declared the operations of Binance "illegal" in the West African nation, stating...
SEC Lawsuits Fuel Bitcoin and Ethereum Exodus From Exchanges: Nearly $1 Billion Withdrawn in 7 Days
11.6.2023
It has been six days since Binance faced a lawsuit from the U.S. Securities and Exchange Commission (SEC), and five days since Coinbase encountered a similar legal challenge. In the wake of these events, a substantial amount of bitcoin and ethereum has been withdrawn from exchanges, with data...
Binance, Coinbase, Robinhood: A Week of Crypto Crackdowns and Regulatory Fallout — Week in Review
11.6.2023
Seismic shifts have been occurring in crypto this past week, with the United States Securities and Exchange Commission (SEC) leaning remarkably further into what some call its “regulation by enforcement” approach, as the entity is now suing both Binance and Coinbase for securities...
Nigerian Regulator Labels Binance Affiliate’s Local Operations Illegal
11.6.2023
The Nigerian Securities and Exchange Commission has said crypto exchange Binance’s local affiliate “is neither registered nor regulated by the Commission and its operations in Nigeria are therefore illegal.” The regulator has also said anyone who continues to deal with Binance...
Binance, Coinbase head to court, and the SEC labels 67 crypto-securities: Hodler’s Digest, June 4-10
10.6.2023
The SEC sues Binance and Coinbase, and labels dozens of coins as securities. Both the crypto exchanges paused services while promising legal battles in courts
Latam crypto holders flock to Bitget following Binance, Coinbase suits
10.6.2023
The number of Bitget users in Latin America increased by 43% from June 6 to June 9, along with a 134% increase in deposits
Nigeria regulator halts Binance operations: Report
10.6.2023
According to Nigeria's securities regulator, Binance is neither registered nor regulated in the country, making its operations illegal