SEC and Binance.US strike a temporary agreement on asset access
Proposed measures include restricting Binance Holdings officials’ access to private keys and disclosing business expenses. Go to Source Powered by WPeMatico
Cryptocurrencies
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Tether responds to account deactivation controversy, raises compliance checks
Tether Holdings Inc has responded to claims that it deactivated the accounts of major crypto firms including Moonpay. Go to Source Powered by WPeMatico
Which altcoins will survive the SEC crackdown? Bitcoin OG explains
Bitcoin OG and educator Dan Held points out which crypto assets are most likely to avoid the ongoing SEC crackdown. Go to Source Powered by WPeMatico
Bitcoin in Cuba: why some Cubans are adopting BTC to escape ‘The Matrix’
Private businesses could be poised to benefit from the cryptocurrency revolution in one of the world’s harshest business environments – Cuba. Go to Source Powered by WPeMatico
SEC argues against Dentons’ motion to dismiss Terraform and Do Kwon’s lawsuit
Terraform and Do Kwon lawyers used a U.S. House hearing, Binance.US complaint and Hinman emails documents to dismiss the SEC lawsuit. Go to Source Powered by WPeMatico
EU regulator will launch MiCA consultation starting in July
The MiCA framework suggested a roughly 18-month timeline to fully take effect, with regulators and lawmakers seeming to go through proposals aimed at ensuring smooth implementation. Go to Source Powered by WPeMatico
Ripple partners with Colombia’s central bank to explore blockchain technology
The pilot program will run through 2023 with the intent of demonstrating blockchain utility to the general public. Go to Source Powered by WPeMatico
Coinbase redeems $65M in convertible notes at 29% discount
The cryptocurrency exchange estimates it will only need $45.5 million in cash to redeem the instruments. Go to Source Powered by WPeMatico
Exchanges pledged $2.5B to user protection funds amid FTX’s collapse: Report
Not all exchanges have disclosed wallet addresses for the funds, however. Go to Source Powered by WPeMatico
Here’s what Nigeria’s naira float means for its crypto market
This reduces the likelihood of artificial price differences between the naira and cryptocurrencies in different markets. Go to Source Powered by WPeMatico