Opinion: Binance sued by SEC, an inevitable but ominous day for crypto
Key Takeaways The world’s biggest cryptocurrency exchange was sued by the SEC Monday Binance and its CEO Changpeng Zhao have fired back, denying any wrongdoing...
AI should be regulated like medicine and nuclear power: UK minister
Developers working on artificial intelligence should be licensed and regulated similarly to the pharmaceutical, medical, or nuclear industries, according to a representative for Britain’s opposing...
US lawmakers blame crypto firms for ‘tax gap’ in letter to Treasury
Two members of the United States Congress have penned a letter to the heads of the Treasury and the Internal Revenue Service, demanding the implementation...
Coinbase, Robinhood, CFTC to testify in Congress over draft crypto bill
Coinbase, Robinhood, and representatives from the United States commodities regulator are set to testify before Congress on June 6 to discuss a newly proposed crypto...
Binance lawsuit: 61 cryptocurrencies are now seen as securities by the SEC
The total number of cryptocurrencies the United States securities regulator has labeled as a “security” has now reached an estimated 61, after adding a few...
Binance on SEC’s lawsuit on Monday: ‘we will vigorously defend’
SEC sued Binance for violating securities laws on Monday. Here’s what Binance said in its response to the regulator. Coinbase Global ended 10% down on...
Fines and regulation: The ever-growing landscape of crypto compliance
It is a goal of many in the crypto industry to evolve the space and bring it into the mainstream, but the industry still faces...
SEC sues Binance in US District Court for unregistered securities operations
The United States Securities and Exchange Commission (SEC) filed suit against Binance, its U.S. platform and CEO Changpeng Zhao (CZ) in the District Court for...
Hong Kong’s regulatory lead sets it up to be major crypto hub
Hong Kong — officially the Hong Kong Special Administrative Region of the People’s Republic of China — is a city of over seven million residents...
Is Binance’s dominance falling?
Key Takeaways Binance’s share of trading volume is at 48%, despite being 66% at the start of the year Exchange has landed in hot water...