Coinbase reminds world it tried to ‘embrace regulation’ as SEC sues for violations
“Coinbase has embraced regulation since we were founded over a decade ago,” the cryptocurrency exchange’s chief legal officer, Paul Grewal, told the United States Congress on...
SEC files motion for restraining order against Binance
The United States Securities and Exchange Commission (SEC) filed an emergency motion in the District of Columbia U.S. District Court for a temporary restraining order against Binance,...
Coinbase CEO responds to SEC suit, says team is ‘confidant’ in facts and law
Coinbase CEO Brian Armstrong has responded publicly to the United States Securities and Exchange Commission (SEC) lawsuit against his company, stating in a Twitter post...
Crypto traders avoid risk and shelter in stablecoins as the market reaches a turning point
On-chain analytics firm Glassnode published a report hinting that investors are rotating capital toward risk-off assets like stablecoins and Bitcoin. Technicals show that altcoins are...
House Ag Committee looks at digital assets regulatory bill, Dems ask how to pay for it
If there was ever such a thing as an all-star lineup of regulators, the United States House of Representatives Agricultural Committee’s June 6 hearing on...
Sequoia Capital announces three-way split to separate China business
Venture capital firm Sequoia Capital announced an impending split that will see the company break into three distinct partnerships serving the United States, China, and Asian...
Bitcoin price bounces past $26K as Coinbase news fails to shake bulls
Bitcoin (BTC) recovered some of its lost ground after the June 6 Wall Street open despite new legal action from United States regulators.BTC/USD 1-day candle...
Gary Gensler on crypto regulations: ‘there’s been clarity for years’
SEC sued Coinbase for violating U.S. securities laws today. Chair Gary Gensler discussed on CNBC’s “Squawk on the Street”. Coinbase stock opened nearly 20% down...
Kraken probing funding Gateways amid deposit and withdrawal delays
Kraken recently suffered operational delays due to technical issues with crypto funding gateways. The exchange was however able to quickly resolve the problem although the...
Tornado Cash 2.0: The race to build safe and legal coin mixers
When the U.S. government sanctioned coin mixer Tornado Cash, many thought it might spell the end for illicit crypto mixing services. But they’re back —...