Bitcoin price searches for direction ahead of this week’s $710M BTC options expiry
BTC’s recent price swings are the result of regulatory pressure and the Federal Reserve’s stance on U.S. inflation. Go to Source Powered by WPeMatico
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Coinbase CEO reiterates that ‘staking’ products aren’t securities
The SEC is broadening its investigation into crypto exchanges and has targeted staking products for potential securities violations. Go to Source Powered by WPeMatico
Binance US restructuring plan favored by 97% of Voyager customers
An overwhelming majority of Voyager account holders want Binance US to buy out the firm’s assets. Go to Source Powered by WPeMatico
CZ responds to mainstream FUD, and Solana goes down again — Watch The Market Report live
On this week’s episode of The Market Report, Cointelegraph’s resident experts discuss the recent FUD surrounding Binance and why Solana went down yet again. Go to Source Powered by WPeMatico
SEC Chairman Explains Why He Views All Crypto Tokens Other Than Bitcoin as Securities
U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler has detailed why he considers all crypto tokens other than bitcoin as securities. While acknowledging that crypto tokens may have different setups, he stressed that “at the core, these tokens are securities.” SEC Chair Believes All Crypto Tokens Other Than Bitcoin Are Securities The chairman of … Read more
Coinbase to Suspend Trading of BUSD Amid Regulatory Crackdown
Cryptocurrency exchange Coinbase announced it will suspend trading and delist the Paxos-managed stablecoin asset BUSD. The decision follows Paxos’ revelation that the New York State Department of Financial Services directed the firm to stop issuing the U.S. dollar-pegged token BUSD. Coinbase to Suspend BUSD Stablecoin on March 13 On Feb. 27, 2023, Coinbase announced that … Read more
Bitcoin bulls remain in charge even in the face of increasing regulatory FUD
BTC’s correction to $22,750 followed negative remarks from financial regulators, but key Bitcoin price metrics show bulls remain optimistic. Go to Source Powered by WPeMatico
Anti-CBDC bill in the US, no algo stablecoins for Canada: Law Decoded, Feb. 20–27
United States Representative Tom Emmer introduced legislation in the U.S. House of Representatives that could prevent the Federal Reserve from issuing a central bank digital currency. Go to Source Powered by WPeMatico
Is the SEC’s action against BUSD more about Binance than stablecoins?
The SEC’s enforcement action against BUSD raises questions about whether the regulatory body is focused on the stablecoin market or the crypto exchange Binance. Go to Source Powered by WPeMatico
Crypto lawyers flame Gensler over claims that all crypto are securities
Crypto lawyers weighed in on Gary Gensler’s crypto regulation claims saying the SEC has no legal standing to police the space. Go to Source Powered by WPeMatico
