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.
The number of Bitget users in Latin America increased by 43% from June 6 to June 9, along with a 134% increase in deposits.
The recent depeg comes as TrueUSD team announced a pause on TUSD minting through Prime Trust until further notice.
According to Nigeria's securities regulator, Binance is neither registered nor regulated in the country, making its operations illegal.
The CEO of Btc. x mentioned the possibility of governments deeming the MiCA framework inadequate, leading to a two-sided power dynamic.
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The crypto market is down today after Robinhood announced delisting of "unregistered securities" tokens from its platform.
Bitcoin and altcoins feel the pressure of the week's regulatory bombshells, with BTC price action steadying below the key 200-week moving average.
Sam Altman confirmed ongoing discussions with chipmaking companies like Samsung Electronics and expressed his willingness to further engage in the dialogue.
The legislation aims to enhance fiscal transparency, boost revenue and recognize cryptocurrencies as legitimate assets.
The CFTC emphasized that “critically, in a precedent-setting decision, the court held that the Ooki DAO is a ‘person’ under the Commodity Exchange Act.”
The scammers have recently taken over accounts belonging to the founder of Pudgy Penguins, the chief technology officer of OpenAI and even crypto hater Peter Schiff.
The SEC’s charges against Binance and Coinbase could have far-reaching consequences for decentralized finance.
The company cited the SEC’s actions against Coinbase and Binance as reasons for the delisting, saying the lawsuits “introduced a cloud of uncertainty” around the tokens.
Along with the recent wave of lawsuits, this week’s Crypto Biz also explores Apple’s new headset, Brazil’s Mercado Bitcoin payments arm, and how regulators target AI-generated fake news.
The Justice Department claims Alexey Bilyuchenko and Aleksandr Verner took control of a Mt. Gox server and stole 647,000 Bitcoin from the exchange.
Traditional finance companies are boosting their engagement with Ethereum-based real-world asset protocols, resulting in RWAs outperforming DeFi blue chips.
The top 100 DeFi tokens by market capitalization had a bearish week as the total value locked in these protocols fell below $50 billion again.
Stock markets are showing strength, and selling by crypto traders has taken a pause. Is this a sign that Bitcoin and altcoins are about to reverse course?
The Binance CEO is rumored to be in Dubai, but with no known base of operations, the SEC wants permission to serve his lawyers on his behalf.
In our latest Cointelegraph Report, we analyze the causes leading to the decline of the U.S. dollar as the world reserve currency and its potential implications.
Digital asset bank Custodia sued the Fed in June 2022, claiming an “unlawful delay” in processing an application for its master account.
BTC and ETH price action will continue to be affected by macro events, QCP Capital says, with next week looking “action packed” for crypto volatility.
The global cryptocurrency exchange cites limited demand for institutional-grade services under current market conditions.
Bitcoin is a volatile asset, but BTC price can stay flat for days, weeks and even months for various reasons.
In an interview with Cointelegraph, Kevin O’Leary said he wouldn’t rule out the possibility of more serious charges against Binance and its CEO, Changpeng Zhao.
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Rachel Conlan, the new VP of marketing at Binance, says that “critical” times in the industry call for major companies to emphasize community, clarity and simplicity.
The growth of DeFi has happened in spite of the CEXs' stranglehold, with users relying on non-custodial wallets to access even the most basic of DeFi products.
The draft bill is set to go before the House committee for discussion on June 13 and, if approved, could become the first example of crypto legislation in the United States.