Crypto
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March 22 (Reuters) – The U.S. Securities and Exchange Commission (SEC) has threatened to sue Coinbase Global Inc (COIN.O) over some of the crypto exchange’s products, turning up the heat on the largely unregulated sector.
U.S. lawmaker Tom Emmer said President Biden’s administration was weaponizing market chaos to kill crypto. The pro-crypto lawmaker added that he sent Federal Deposit Insurance Corporation (FDIC) Chairman Gruenberg an investigative letter seeking additional information on the regulator’s actions against crypto-friendly banks. Emmer highlights anti-crypto moves . . .
US and German law enforcement agencies have shuttered ChipMixer, a cryptocurrency service allegedy used to launder billions of dollars in illicit proceeds, authorities said Wednesday. Ransomware groups, suspected North Korean hackers, dark net market users and vendors who bought and sold stolen financial information used the site, which processed more than $3 billion in illicit […]
BENGALURU, Feb 25 (Reuters) – A push by Group of 20 (G20) president India to regulate cryptocurrencies gained support from both the International Monetary Fund and the United States on Saturday as finance chiefs of the bloc wrap up two-days of talks. India has said it wants a collective global effort to deal with problems […]
A federal judge dismissed a class-action lawsuit that alleged investors on Maker, one of the largest decentralized finance protocols, suffered some $8 million in losses because the platform misrepresented risks, according to a court document filed on Wednesday. The “Black Thursday”
A rally in Bitcoin took the token to the cusp of scaling $25,000 for the first time since August amid broad gains in crypto markets as investors shook off concerns about a US regulatory clampdown. The largest digital asset rose as much as 3% on Thursday and was trading at $24,710 as of 12:32 p.m. […]
WSJ News Exclusive Cryptocurrency DOJ, CFTC have been probing world’s largest cryptocurrency exchange Source link
Comment on this story Comment Brian Bruce did not know much about cryptocurrency in the fall of 2021 when he invested nearly $200,000 in it through somebody who befriended him on LinkedIn, promising returns as high as 20 percent. The 46-year-old logistics manager outside Memphis learned what an expensive mistake he had made just . […]
The correlation between the crypto market and the tech-heavy Nasdaq equity index has turned positive, indicating the digital asset investors’ renewed focus on risk appetite on Wall Street. The 90-day correlation coefficient between the crypto market’s total capitalization with Nasdaq has risen from -0.12 to 0.74 in four weeks, reaching the highest since early November, […]
Crypto Lender Nexo Stopped EIP for US Clients on Feb. 10 CoinDesk Source link