Despite a strict ban on crypto trading within China, local governments are secretly disposing of seized digital assets in offshore markets, raising concerns about legal ambiguity and potential […]
China Offloads Seized Bitcoin in Offshore Markets Amidst Economic Pressures
Chinese local governments are resorting to selling seized cryptocurrency like Bitcoin in offshore markets, a move that circumvents the nation’s crypto trading ban due to economic pressures. This […]
Oklahoma Withdraws from Bitcoin Reserve Race after State Senate Vote
Oklahoma’s proposed Bitcoin Reserve Act (HB1203) has been defeated in the Senate Revenue and Taxation Committee, halting its progress towards establishing a state-level Bitcoin reserve. The 6-5 vote […]
Binance-Listed Altcoin Ethena Cease German Operations After Regulatory Settlement
DeFi protocol Ethena (ENA), listed on Binance, has agreed to close operations in Germany following a settlement with the country’s financial regulator, BaFin. The move follows a warning […]
XRP’s Liquidity Fuels Regulatory Momentum: 2 Factors Driving the Next U.S. Spot ETF Approval
XRP’s exceptional market liquidity is playing a critical role in its potential regulatory breakthrough, positioning it as a leading candidate for approval of a spot exchange-traded fund (ETF) […]
SEC Conducts Engagement Sessions With Crypto Firms, Unveiling New Regulatory Framework
Recent discussions between the Securities and Exchange Commission (SEC) and prominent cryptocurrency companies highlight a shift in regulatory approach. As Bitcoin continues its upward trajectory, with a current […]
Apple Bans Unlicensed Crypto Apps in South Korea: KuCoin and MEXC Affected
Apple has removed 16 crypto exchange apps from its South Korean App Store, impacting platforms like KuCoin and MEXC. The move comes after the Financial Intelligence Unit (FIU) […]
CLS Global Pays $428,059 Fine in US Settlement Over Trading Activities
Digital asset market maker CLS Global has reached a settlement with the SEC and DOJ over alleged trading violations, including those related to the FBI’s NexFundAI token investigation. […]
SEC and Binance Request 60-Day Extension in Legal Battle
The U.S. Securities and Exchange Commission (SEC) and cryptocurrency exchange Binance have jointly requested a 60-day extension of the ongoing pause in their legal battle. This unexpected development […]
Binance Calls for Less Regulatory Scrutiny from US Officials
Binance, the world’s largest cryptocurrency exchange, has requested eased regulatory measures from US authorities. The company met with US Treasury officials in March, seeking to reduce the strict […]
Binance Seeks Eased Regulations During Crucial US Meeting
Binance, the world’s leading cryptocurrency exchange, recently met with U.S. Treasury officials to advocate for a reduction in regulatory oversight. The company, facing sanctions stemming from past violations […]
Binance CEO Refutes Claims of Testifying Against TRON Founder
Changpeng Zhao, former CEO of Binance, has vehemently denied claims that he agreed to testify against Justin Sun, founder of TRON, in a case involving the US Department […]
Binance Legal Pause Extended: Negotiations for Resolution Loom
The legal battle between Binance and the SEC has entered a new phase, with both parties requesting a 60-day pause in their nearly two-year long lawsuit. This pause […]
Sun Stands By CZ, Aligned With Trump’s Crypto Goals & DOJ Collaboration
Justin Sun has publicly reaffirmed his support for Binance founder Changpeng Zhao (CZ), aligning with President Trump’s crypto vision while maintaining transparency in DOJ cooperation. Binance seeks to […]
US Crypto Industry Urges for Action, Embraces Long-Term Vision
The US crypto sector is calling for immediate action and strategic planning to navigate the evolving regulatory landscape and market volatility. While pressing issues require swift solutions, industry […]