Binance withdrawals surge post SEC’s Paxos clampdown
The SEC issued a wells notice to Paxos concerning the issuance of Binance USD (BUSD) stablecoin. Shortly after, the NYDFS ordered Paxos to stop issuing...
Bitcoin price targets range from $19K to $25K as CPI day dawns
Bitcoin (BTC) saw ongoing rejection below $22,000 into Feb. 14 as markets braced for macroeconomic data impact.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBitcoin vs. CPI:...
Curve Dao Token (CRV) soars by 14% today: Here is why
CRV is the best performer amongst the top 100 cryptocurrencies by market cap today. The rally comes as the broader cryptocurrency market continues its poor...
SEC to target crypto firms operating as ‘qualified custodians’ — Report
The United States Securities and Exchange Commission (SEC) is reportedly planning to propose new rule changes this week that could impact what services crypto firms...
Stablecoins not the target in BUSD crackdown: Matrixport head of research
Crypto financial services Matrixport's head of research believes the recent scrutiny of Paxos and its Binance USD (BUSD) token is not a direct attack on...
OFAC-compliant blocks on Ethereum hit three-month low of 47%
The percentage of Ethereum blocks complying with orders set by the United States Office of Foreign Asset Control (OFAC) has now fallen to 47% —...
CFTC and SEC cases against SBF deferred until after criminal trial
A New York judge has granted a request from prosecutors to defer civil proceedings against Sam Bankman-Fried from the Commodities Futures Trading Commission and the...
Paxos ‘categorically disagrees’ with the SEC that BUSD is a security
Paxos Trust Company has released a statement noting that it "categorically disagrees" with the United States securities regulator which has painted Binance USD (BUSD) as...
Circle blew the whistle on Binance reserves to NYDFS: Report
New York State’s Department of Financial Services, or NYDFS, reportedly received a complaint from stablecoin issuer Circle regarding Binance’s reserves prior to its crackdown on...
Regulation comes for crypto staking: Law Decoded, Feb. 6–13
Last week, the United States Securities and Exchange Commission (SEC) reached an agreement with cryptocurrency exchange Kraken. The latter will stop offering crypto staking services...