Crypto
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LONDON, June 15 (Reuters) – The U.S. affiliate of crypto giant Binance has carried out a round of layoffs since regulators last week charged it with violating securities laws and sought to freeze its assets, said two people with knowledge of the dismissals and employees’ social media posts. One of the sources said around 50 […]
WASHINGTON, June 8 (Reuters) – Other U.S. crypto exchanges are likely to be in the firing line after the Securities and Exchange Commission (SEC) this week sued Coinbase and Binance, two of the world’s largest crypto exchanges, for allegedly breaching its rules. The SEC on Tuesday alleged Coinbase
NEW YORK, June 6 (Reuters) – The U.S. Securities and Exchange Commission on Tuesday sued Coinbase (COIN.O), accusing the largest U.S. cryptocurrency exchange of operating illegally because it failed to first registered with the regulator.
LONDON, June 5 – A senior Binance executive was the main operator for five bank accounts belonging to the giant cryptocurrency exchange’s purportedly independent U.S. affiliate, including an account that held American customers’ funds, bank records show. U.S. lender Silvergate Bank authorized the executive, Guangying Chen, a close associate of Binance CEO Changpeng Zhao, to […]
Cryptocurrency exchange Gemini is rolling out a non-US derivatives platform for digital assets. The platform, Gemini Foundation, will initially offer Bitcoin and Ether perpetual contracts, according to a blog post from the company. Trading will be available across 30 territories, but not the US. Source link
News Americas, HAMILTON, Bermuda, Thurs. April 20, 2023: U.S.-based cryptocurrency exchange Coinbase has secured a license from the Bermuda Monetary Authority to offer digital asset services in the country, according to a statement. The licence, which was granted under the Digital Asset Business Act of 2018, enables Coinbase to provide trading, custody, and settlement services […]
FTX’s collapse was the catalyst for a new bullish cycle in cryptocurrency markets, Bernstein said in a research report Monday. The crypto exchange’s demise cleaned up the final tranche of “toxic crypto leverage” and taught digital asset investors the importance of decentralization and self-custody wallets, the report said. Macro catalysts are aligning for bitcoin, the […]
Markets Currencies Cryptocurrency More than 20 crypto companies have said they plan . . .
Markets Currencies Cryptocurrency Both countries are asking Montenegro to hand over the . . .
A South Korean crypto developer was charged on Thursday by U.S. prosecutors for allegedly defrauding investors about his two digital currencies — Terra and Luna — that collapsed last year, according to news reports. Do Kwon, who was arrested on Thursday by authorities in Montenegro, was indicted by Manhattan federal prosecutors who accused him of […]