A US district judge has approved the plea deals between Binance, former CEO Changpeng ‘CZ’ Zhao, and the Department of Justice (DOJ). The settlement, reached on November 21, 2023, concludes the investigations into Binance’s failure to register as a money services business and violations of the Bank Secrecy Act (BSA). As part of the settlement, […]
Significant progress has been made in discussions between the US Securities and Exchange Commission (SEC) and asset managers regarding the potential approval of Bitcoin exchange-traded funds (ETFs), according to Reuters. Thirteen firms, including Grayscale Investments, BlackRock, Invesco, and ARK Investments, are awaiting decisions from the SEC on their applications for spot ETFs. The SEC has […]
Significant progress has been made in discussions between the US Securities and Exchange Commission (SEC) and asset managers regarding the potential approval of Bitcoin exchange-traded funds (ETFs), according to Reuters. Thirteen firms, including Grayscale Investments, BlackRock, Invesco, and ARK Investments, are awaiting decisions from the SEC on their applications for spot ETFs. The SEC has […]
Poloniex, a cryptocurrency exchange owned by businessman Justin Sun, has been added to the Financial Conduct Authority’s (FCA) warning list of unapproved businesses in the UK. The FCA stated that companies and individuals cannot market financial services in the UK without the necessary authority or approval. The FCA also reminded the public that they cannot […]
Poloniex, a cryptocurrency exchange owned by businessman Justin Sun, has been added to the Financial Conduct Authority’s (FCA) warning list of unapproved businesses in the UK. The FCA stated that companies and individuals cannot market financial services in the UK without the necessary authority or approval. The FCA also reminded the public that they cannot […]
The U.K.’s Financial Conduct Authority (FCA) has added crypto exchange Poloniex to its warning list of non-authorized companies. The Seychelles-based exchange, owned by entrepreneur Justin Sun, has experienced four hacks in the past two months. The FCA warns that unauthorized entities cannot promote financial services in the UK and that dealing with them does not […]
The U.K.’s Financial Conduct Authority (FCA) has added crypto exchange Poloniex to its warning list of non-authorized companies. The Seychelles-based exchange, owned by entrepreneur Justin Sun, has experienced four hacks in the past two months. The FCA warns that unauthorized entities cannot promote financial services in the UK and that dealing with them does not […]
Societe Generale’s euro stablecoin, the EUR CoinVertible, has started trading on Bitstamp, making it the first euro stablecoin issued by a fully regulated bank to be available on a cryptocurrency exchange. The EURCV stablecoin, developed by Societe Generale FORGE, is an Ethereum-based token that aims to bridge traditional capital markets and digital assets for the […]
Societe Generale’s euro stablecoin, the EUR CoinVertible, has started trading on Bitstamp, making it the first euro stablecoin issued by a fully regulated bank to be available on a cryptocurrency exchange. The EURCV stablecoin, developed by Societe Generale FORGE, is an Ethereum-based token that aims to bridge traditional capital markets and digital assets for the […]
The US Securities and Exchange Commission (SEC) has been known for its strict approach towards cryptocurrencies, particularly XRP. However, there is growing concern that the SEC might target Bitcoin (BTC) as well and classify it as a security. Renowned crypto attorney John Deaton has warned that this possibility cannot be ruled out.Under former chairman Jay […]
