Chinese Banks are increasingly looking at servicing crypto firms in Hong Kong just at a time when US regulators have been tightening their grip.
Federal prosecutors are seeking Do Kwon extradition to New York where he will be facing charges of fraud and market manipulation as per the US indictment.
Coinbase said it is confident in the legality of their products and services, and might also consider taking the matter to the court, if required.
The report from US government denounces Bitcoin stating that it’s not an effective store of value nor an effective medium of exchange.
Coinbase urged the SEC to take a different approach over crypto staking or it could have significant economic consequences for the crypto ecosystem.
Bitcoin delivers a strong rally as the banking crisis unfolds in the US and Europe. All eyes will be on the FOMC meeting ahead this week on Tuesday.
The recent money infusion by the Fed would help banks to address short-term funding needs. Crypto market rally citing the reason of Fed’s pivot.
Gensler’s comments spark debate over Ethereum’s jurisdictional rights. Last week, the CFTC said that Ethereum shall be treated as a commodity and not security.
An NYDFS spokesperson said that Signature Bank did not provide “reliable and consistent data, creating a significant crisis of confidence in the bank’s leadership”.
As Meta drops NFTs, it plans to continue investing in FinTech tools and streamlining payments with Meta Pay.
Circle said that they have initiated the transfer of its $3.3 billion reserves from SVB to other banking partners. However, the settlement is still pending as investors will watch what happens today.
The crypto market tanked along with a sharp correction on Wall Street as the Silicon Valley Bank (SVB) faces a crisis-like situation.
As Silvergate Bank goes into liquidation, it said that it would consider how best to resolve claims and preserve the residual value of its assets, including its proprietary technology and tax assets.
ChatGPT is a powerful tool for generating human-like responses to text-based queries, ATPBOT is a potent instrument for generating profitable trading strategies using AI and machine learning algorithms.
US court judge asked the SEC to provide a concrete explanation to Grayscale’s arguments that spot Bitcoin ETF would pose the “same risk of fraud and manipulation” as that of the futures Bitcoin ETF.
FTX alleges that Grayscale preventing its shareholders from redeeming their shares has caused their value to fall at 50% discount.
The WSJ report notes that the Binance Global and Binance.US’s operations are quite intertwined with both entities mixing staff and finances.
UK Banks HSBC and Nationwide have applied daily limits of £5,000 ($5,965) on the crypto purchases made through debit cards.
Silvergate Capital said that it is still evaluating the impact of events of that took place last year with FTX collapse on its business.
Cuy Sheffield stated that VISA continues to partner with crypto companies that are working at the intersections of payments and technology.