Bookmarking Crypto Insights
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After the U.S. Commodity Futures Trading Commission sued Binance for alleged violations of trading and derivatives rules, a significant amount of cryptocurrency was withdrawn from the exchange. Data from analytics provider Nansen shows $400 million in Ethereum-based funds were withdrawn in 24 hours, and 3,655 bitcoin worth more than $99 million were withdrawn over the … Read more
Within the 74-page complaint, the CFTC has labeled Ether, Binance USD, Tether and Litecoin as commodities along with Bitcoin, and made a few other startling claims. Go to Source Powered by WPeMatico
The suit claims Binance used Ether as a commodity in its financial products, experts explained, which says little about the basic nature of the coin. Go to Source Powered by WPeMatico
The world’s largest crypto exchange by trade volume, Binance Holdings Ltd., has been sued by the U.S. Commodity Futures Trading Commission. Binance CEO Changpeng Zhao has been named in the lawsuit and the charges claim the crypto exchange broke several trading and derivatives rules. The lawsuit also names Binance’s former chief compliance officer, Samuel Lim, … Read more
The cryptocurrency exchange and its founder, Changpeng Zhao, have allegedly violated trading and derivatives rules. Go to Source Powered by WPeMatico
The White House isn’t doing any favors for derivatives traders by turning a blind eye to the biggest players in the space. Go to Source Powered by WPeMatico
DeFi was top of the agenda at the CFTC’s tech committee meeting, with crypto execs giving explanations and discussing the space with the regulator. Go to Source Powered by WPeMatico
The technology advisory committee aims to assist the CFTC in “identifying and understanding the impacts and implications of technological innovation in financial services and markets.” Go to Source Powered by WPeMatico
Elizabeth Warren and Sherrod Brown didn’t miss a chance to attack the crypto industry after bank failures. Go to Source Powered by WPeMatico
The industry isn’t having the best of its moments now, but the topic of campaign donations in crypto remains a relatively safe space for innovation. Go to Source Powered by WPeMatico
