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Finance Redefined: Layer-two growth and the SEC’s scrutiny, Sept. 19–23
24.9.2021
Layer-two's surge to new heights, Bitcoin and DeFi EFT applications and Sushi's mistaken bug — all coming to you this week in Finance Redefined
Crypto Exchange Binance Ceases Derivatives Trading in Australia
22.9.2021
Amid regulatory scrutiny worldwide, global cryptocurrency exchange Binance has announced that it will cease offering futures, options, and leveraged tokens to Australian users in 90 days. Changes Coming to Binance Australia Cryptocurrency exchange Binance announced some changes to its offerings...
Spain’s Finance Ministry Intensifies Scrutiny of Crypto Wallets, Pay Firms
21.9.2021
of Finance. The ministry’s Union of Technicians (known locally as GESTHA) was quoted as stating that it “has been monitoring” the “[crypto] situation for several years” and had gradually succeeded in “establishing control measures to stop money laundering” efforts that make use of
US Infra Bill Provision May Force Crypto Users To Report USD 10K+ Transactions
20.9.2021
ns who receive any kind of digital asset, has so far escaped public or congressional scrutiny, the non-profit organization that aims to bring legal and regulatory clarity to the proof of stake industry
Cryptowisser : Cryptocurrency Likely to Be More Environmentally Friendly Than Traditional Banks
6.9.2021
PRESS RELEASE. Leading Crypto service comparison site – Cryptowisser deep dives into the environmental future of cryptocurrency. Despite major scrutiny from traditional media and press, cryptocurrency possibly remains more environmentally friendly than traditional banks, just no one...
Binance US CEO Steps Down as the Crypto Exchange Faces Rising Regulatory Scrutiny
7.8.2021
Former acting Comptroller of the Currency Brian Brooks has resigned as the CEO of Binance U.S. after just over three months. He cited “differences over strategic direction.” Meanwhile, Binance is facing regulatory scrutiny worldwide, including in the U.K., Malaysia, Japan, Cayman...
Visa, Mastercard Monitor Binance’s Regulatory Compliance as More Regulators Scrutinize the Crypto Exchange
16.7.2021
Payments giants Visa and Mastercard say they are monitoring Binance’s regulatory compliance developments as more regulators come after the global crypto exchange for operating in their countries without authorization. Visa, Mastercard Monitoring Binance’s Regulatory Troubles Visa...
Inflation Soars In US, 'Very Healthy' Crypto Scrutiny + More News
13.7.2021
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Economics news
US consumer prices increased by the most in 13 years in June amid supply constraints and a continued rebound in the costs...
Robinhood's cash cow under SEC scrutiny amid IPO filing
7.7.2021
Robinhood’s main revenue source for the first quarter of 2021 could come under SEC review
‘Compliance is a journey,’ says Binance CEO amid regulatory scrutiny
7.7.2021
The crypto industry has massively evolved since Binance’s launch four years ago, but it still needs more regulatory certainty, Binance's CEO said
Stablecoins under scrutiny: USDT stands by ‘commercial paper’ tether
2.7.2021
Are stablecoins actually stable? Tether’s basket of reserve assets raises eyebrows as a new round of debate regarding backing begins
Binance Comes under Scrutiny in Singapore, Cayman Islands Too
2.7.2021
Source: Instagram, Binance
The list of countries investigating the crypto exchange giant Binance is growing as regulators in Singapore and the Cayman Islands have begun investigating the trading platform.
The past few weeks have seen the exchange come under fire from regulators in the UK, the...
NYU Professor Says Elon Musk Is Attracting Regulators to Crypto — Regulatory Action Expected in 30 Days
23.5.2021
NYU Professor Scott Galloway says that Tesla CEO Elon Musk is drawing additional scrutiny and regulators to the crypto space. He expects the U.S. Securities and Exchange Commission (SEC) to respond to Musk’s action in the next 30 days. Furthermore, the professor expects to see a Musk coin...
Encrypted Messenger Company Signal Faces Scrutiny Over Mobilecoin Integration
11.4.2021
Signal, the cross-platform encrypted messaging service is facing criticism this week, after the company Signal Messenger told the public it was integrating the cryptocurrency mobilecoin. Moreover, controversy surrounds the company’s founder and CEO Matthew Rosenfeld, known as ‘Moxie...
Elon Musk’s Tesla Faces Scrutiny Over Potential Conflict of Interest in $1.5 Billion Bitcoin Purchase
18.2.2021
Tesla is facing more scrutiny over its $1.5 billion dollar bitcoin purchase. A Tesla board member who reportedly approved the company’s bitcoin buy deal is a cryptocurrency investor who also sits on the boards of two major crypto firms. Experts Question Conflict of Interest in Tesla’s...
Financial ties between Robinhood and funds shorting GME fall under scrutiny
28.1.2021
The trading platform's decision to shut Redditors out from buying GameStop continues to raise eyebrows
Dalio Expects to Soon Offer Alt-Cash Fund, Says ‘Bitcoin Won’t Escape Our Scrutiny’
28.1.2021
"Bitcoin looks like a long-duration option on a highly unknown future that I could put an amount of money in that I wouldn’t mind losing about 80% of," Dalio said
Binance Shoots Itself In The Foot Amid Regulatory Scrutiny On Exchanges
30.10.2020
Binance CEO Changpeng Zhao (in the middle of the picture). Source: a screenshot, Instagram/binance
Major crypto exchange Binance and its executives might've shot themselves in the foot, learning the news media lesson the hard way at a bad time.
Yesterday, Forbes reported that Binance...
Major Crypto Exchanges Lament Outsized Scrutiny From US IRS
3.3.2020
Major crypto exchanges fear that U.S. regulators see the industry as far more dangerous than it really is, posing major obstacles to development
Kraken Reveals 49% Increase in Law Enforcement Investigations
8.1.2020
The publication of crypto exchange Kraken’s 2019 Transparency Report has provoked discussion about the scale of government surveillance. According to the report, Kraken received 710 requests last year (or two per day), impacting approximately 1,222 accounts. The report provides further...