Binance halts new user registration in the U.K.
The exchange added that it will also stop releasing new products and services in the country.
Canada gives crypto companies 30 days to meet updated registration guidelines
Cryptocurrency companies in Canada have 30 days to meet updated crypto registration guidelines released on Wednesday or risk losing their users.
ENS address registrations in September notch an all-time monthly high
The number of newly-registered Ethereum Name Service (ENS) addresses in September reached a monthly all-time high of 427,325 at the time of publication, despite total NFT trading volume falling 97% from January when sales peaked, according to data from Dune Analytics, a crypto analysis site. See related article: ENS domain name expires as developer is […]
Binance fined by Dutch central bank for improper registration
Cryptocurrency exchange Binance has been fined in the Netherlands for operating without proper registration, the Dutch central bank said on Monday. See related article: Binance gets nod from Spain to offer crypto exchange, custody services Fast facts De Nederlandsche Bank (DNB), which oversees crypto service provider registrations, said it imposed a 3.3 million euro (US$3.4 […]
UK regulator may cancel Eqonex’s registration over Binance, Bifinity ties
The U.K. financial regulator has warned that it can suspend or cancel a firm’s crypto asset registration after noticing Binance’s new payment venture Bifinity’s partnership with Eqonex. See related article: Binance launches fiat-to-crypto service Bifinity Fast facts The Financial Conduct Authority (FCA) said on Monday that individuals or entities from Binance may have become beneficial […]
SEC halts token registration of America’s first legal DAO
The U.S. Securities and Exchange commission halted the token registration of American CryptoFED, the first legally recognized decentralized autonomous organization in the U.S. Fast facts Wyoming-based American CryptoFED became the first DAO in the U.S. to achieve legal status in July after Wyoming passed a law that recognized DAOs as limited liability companies. A DAO […]
China closes high-profile blockchain center, citing ‘registration’ issues
Closure of center comes despite — or perhaps because of — professional pedigree of crypto exchange founder board members.
Binance’s corporate registration in China lapsed in 2018
The crypto exchange has a presence in China, but not an official registration.
Robinhood to challenge SEC’s notice over crypto operations
Robinhood’s digital assets division becomes the SEC’s latest legal opponent.
SEC’s crypto enforcement lawyer joins private law firm
Former SEC attorney Ladan Stewart transitions to White & Case, a firm known for defending crypto companies.
Circle ends USDC support on TRON network
USDC halts TRON support, aligning with Circle’s IPO plans.
Montenegro court overturns extradition of Terra founder Do Kwon
International tug of war over Kwon’s fate takes a new turn with Montenegro court’s reversal on extradition.
USDC issuer Circle attempts public listing again: report
With the filing for an IPO, Circle aims to capitalize on the growing interest in crypto assets, despite recent industry setbacks.
SEC decision looms: Cboe pushes for Bitcoin ETFs
Cboe appeals to SEC for fast-tracking Bitcoin ETFs.
SEC’s Gensler warns of crypto risks amid Bitcoin ETF buzz
SEC Chair Gary Gensler cautions about cryptocurrency volatility, highlighting investor protection concerns, as his agency nears a decision on spot Bitcoin ETF applications.
Dubai calls on crypto firms to finalize applications by Nov. 17
Over 1,000 crypto firms will have to complete their applications by Nov. 17 to avoid regulatory consequences.
PayPal registers crypto service with UK FCA
The registration enables PayPal to advertise its crypto services to U.K. customers.
Binance loses two more top execs in UK and France
Global regulatory pressure on the world’s largest exchange continues to take its toll.
Coinbase taps Ireland as European hub ahead of MiCA regime
Coinbase said that the regulatory clarity MiCA provides to the industry is “hugely welcome.”
Binance.US suspends USD withdrawals
Users can still withdraw cryptocurrencies, according to the exchange’s updated terms of use.
Binance Japan — death knell or savior for the nation’s smaller crypto exchanges?
Few tokens and too many exchanges are a bad recipe for Japan’s smaller crypto trading houses. The experts say there’s room for up to five only. So what happens to the little guy now that the world’s largest exchange Binance has rolled back into town?
Binance: One year on from FTX’s downfall
Inside the world’s largest crypto exchange’s annus horribilis.
Why regulated decentralized exchanges are the wave of crypto trading’s future
Bringing together the best parts of centralized and decentralized exchanges, RDEXs also take into account the inevitability of regulations.
Binance Japan partners with mega bank MUFJ on stablecoin project
Mitsubishi UFJ and Binance Japan will collaborate on the issuance of fiat-pegged stablecoins.
US SEC to tighten regulatory enforcement beyond Coinbase, Binance.US
Top blockchain and crypto news: U.S. SEC steps up regulatory enforcement. Gaming giant Zynga moves into NFTs. Woes ahead for JPEX exchange after HK arrests.
Standard Chartered’s crypto custody arm Zodia launches in Singapore
Zodia Custody owned by Standard Chartered, announced Tuesday that it is launching its services in Singapore for financial institutions.
U.S. CFTC charges three DeFi projects for illegal derivatives offerings
CFTC charged three U.S.-based decentralized finance protocols – Opyn, ZeroEx and Deridex – on Thursday for omitting necessary registrations .
How Worldcoin is undermining crypto’s original ethos
The new crypto from OpenAI’s founder requires users to supply biometric data. What if those in control can identify you — and follow your every financial move?
SEC charges NFT project with securities law violations
The U.S. SEC charged Impact Theory, a Los Angeles-based media and entertainment company, on Monday with offering unregistered securities in the form of NFTs.
Binance Japan launches with 34 tokens, BNB debuts in the country
Binance announced the launch of Binance Japan on Tuesday, offering 34 cryptocurrencies.
How Asia is emerging as a safe haven for digital assets: Opinion
As the US is engulfed in regulatory strife, Asian countries are rolling out legal frameworks that attract crypto investment, protect consumers and encourage innovation.
Australian regulator searches Binance’s local offices: Bloomberg
Australian Securities and Investments Commission (ASIC), the country’s financial services regulator, searched the local offices of Binance on Tuesday as part of an ongoing investigation of the exchange’s derivatives business, a Bloomberg report said.
Airchains to record land ownership with NFTs for Indian city
Indian Web3 firm Airchains has announced a partnership with the New Town Kolkata Development Authority of West Bengal, to release 500,000 NFTs in hopes to enhance registration and transfer of land ownership.
Hong Kong launches task force to promote blockchain initiatives, developments
Hong Kong’s local government on Friday set up the Task Force on Promoting Web3 Development to promote the benefits of blockchain to real-world industries.
US SEC says Bitcoin ETF applications inadequate: WSJ
The U.S. Securities and Exchange Commission (SEC) said the recent series of spot Bitcoin exchange-traded fund (ETF) applications by asset managers were inadequate and not sufficiently clear, according to a report by Wall Street Journal on Friday.
Blockchain Association joins Coinbase in pushing back against SEC over crypto crackdown
The Blockchain Association said the U.S. SEC chair Gary Gensler should remove himself from enforcing rules on the crypto sector.
Bitcoin gains ground, Ether rises, Solana leads winners, BNB little-changed to lower
Bitcoin rose on Tuesday morning in Asia to hold above support at US$26,000. Ether also logged gains along with most other top 10 non-stablecoin tokens.
Hong Kong’s Cyberport signed up 150 Web3 firms in past year, says city’s financial secretary
Paul Chan, Hong Kong’s financial secretary, said more than 150 Web3 companies had registered at the Cyberport business park.
Bitcoin below US$25,000; all top 10 cryptos fall
Bitcoin and Ether extended losses in Thursday afternoon trade in Asia amid U.S. regulator’s clampdown on top crypto exchanges.
Why the US is waging war on Binance, Coinbase
Top blockchain and crypto news: Binance, Coinbase in SEC firing line. Solana NFTs slump as Bitcoin’s surge. New dawn in Hong Kong crypto regulations.
SEC targets US$115 billion of crypto following lawsuit against Binance: Bloomberg
The U.S. SEC has extended the list of cryptocurrencies it considers unregistered securities to cover US$115 billion worth of tokens following its Monday lawsuit against crypto exchange Binance, Bloomberg reported on Tuesday.
Bitcoin, Ether skid; BNB drops more than 10% after U.S. securities regulator sues Binance
All top 10 non-stablecoin cryptocurrencies took a sharp fall Tuesday morning in Asia, after the SEC sued Binance over alleged securities violations.
Binance, US platform, CEO face SEC lawsuit over alleged securities violations
The U.S. regulator alleges Binance and its leader of unregistered offers, sale of tokens, defrauding investors and manipulating trade volumes.
Bybit crypto exchange follows Binance in exiting Canada amid tightened rules
Dubai-headquartered Bybit said it will exit the Canadian crypto market and stop accepting new accounts from Wednesday, citing a “recent regulatory development.”
Bitget crypto exchange registers in Poland
Seychelles-headquartered cryptocurrency exchange Bitget announced on Tuesday that it successfully registered as a virtual asset service provider in Poland.
Philippines regulator warns against Gemini Derivatives for unregistered securities
The Philippines Securities and Exchange Commission warned the public last week not to use crypto exchange Gemini’s derivatives platform.
Malaysian regulator orders Huobi crypto exchange to cease local operations
The Securities Commission Malaysia (SC), the capital markets regulator, has charged cryptocurrency exchange Huobi Global and its chief executive officer Leon Li for operating a digital asset exchange (DAX) without registration.
SEC in no rush to respond to Coinbase calls for regulatory clarity
As part of the ongoing legal dispute between the two, the U.S. Securities and Exchange Commission said it would not be hurried into a response to Coinbase demands.
China’s Jiangsu Province to expand digital yuan adoption in education sector
China’s Jiangsu Province plans to expand the use of digital yuan to its public education system, as the province seeks to spearhead the country’s CBDC pilot.
Binance exits Canada amid increased regulation in North America
Regulatory hurdles have once again hit Binance in North America, with the world’s largest cryptocurrency exchange announcing on Friday that it would cease operations in Canada due to tightened crypto rules.
Hong Kong’s OSL Asset Management wins license to offer blockchain, AI, Web3 investment products
Hong Kong-based OSL Asset Management Ltd said it won a local license to offer investment products in blockchain, Web3 and AI companies.
Bitget crypto exchange still hiring, eyes Hong Kong license, to rebrand BitKeep wallet
Seychelles-based cryptocurrency exchange Bitget expects more clarity on Hong Kong’s licensing regime from June as the city pushes ahead with plans to attract blockchain and cryptocurrency entrepreneurs.
What the US stands to lose if it keeps heaping scorn on crypto
The current US approach to regulating crypto flies against its history of supporting tech innovation and undermines its own national interest, writes Hamilton Keats of Krayon Digital.
Coinbase sues SEC in bid for clarity on crypto rules
Top blockchain and crypto news: Coinbase in court to force SEC’s hand. PEPE surge lifts memecoin mood. China paves CBDC path with payroll.
Coinbase ups the ante with SEC, asking court to require crypto clarity from regulator
Coinbase sued the U.S. SEC on Monday, asking that a court require the regulator to publicly respond to the Coinbase July 2022 petition asking for clearer crypto regulation guidelines.
Abu Dhabi calls for feedback on proposed legal framework for decentralized economy: CoinDesk
The UAE’s registration authority of Abu Dhabi Global Market is seeking feedback on its proposed legislative framework for distributed ledger technology, which will focus on disclosures, liquidation, and governance structures, according to a report by CoinDesk
Bittrex in SEC’s crosshairs as compliance lawsuits keep coming
Top blockchain and crypto news: Bittrex in SEC line of fire. Bored Apes fall after whale sale. Chinese banks court crypto clients.
Bitcoin reclaims US$30,000, Ether heads higher after grilling of SEC’s Gensler; Polkadot leads winners
Bitcoin rebounded above US$30,000 on Wednesday morning in Asia. All top 10 tokens rose after SEC chair Gary Gensler was criticized at a congressional hearing for his approach to digital assets.
Japan’s CoinTrade partners with Fireblocks to improve digital asset security
CoinTrade said it has partnered with crypto custody platform Fireblocks to provide institutional clients with improved security for digital assets.
WonderFi, CoinSmart, Coinsquare to merge into Canada’s largest crypto trading platform
Three Canadian cryptocurrency companies announced a merger on Monday, creating Canada’s largest crypto asset trading platform with over 1.65 million registered users.
Japan’s FSA steps up crypto regulation with warnings to Bybit, other exchanges
Cryptocurrency exchange Bybit has been ordered to comply with Japan’s regulatory requirements and cease offering services to Japanese residents, after Japan’s Financial Services Agency issued a warning to the company over its registration process
Binance faces legal battle as US regulator gets ready to rumble
Top blockchain and crypto news: Binance targeted in CFTC lawsuit. Law catches up with Do Kwon. Chinese banks bet on Hong Kong crypto.
Binance rejects U.S. charges of violating trading rules, manipulating markets
Binance CEO Changpeng Zhao said the charges are “an unexpected and disappointing civil complaint” in response to the CFTC lawsuit filed on Monday against him and the world’s largest crypto exchange.
SEC warns Coinbase of potential legal action over staking, separately targets Tron founder Sun
The Securities and Exchange Commission has warned Coinbase, the largest cryptocurrency exchange in the U.S., it may face legal charges related to staking services and digital asset listings.
Silvergate teeters as regulators circle and crypto firms cut ties
Top blockchain and crypto news: Silvergate woes spark bankruptcy talk. LDO dips on false enforcement rumors. Chinese leaders push digital development.
China’s digital yuan initiative gets cold reception from Hong Kong visitors
China is promoting digital yuan to Hong Kong visitors, but has not received much enthusiasm so far.
China’s Shenzhen city to stamp data ownership on blockchain
Shenzhen is adopting blockchain technology to safeguard data ownership, as China seeks to build a regulated data economy.
Industry reacts: US cracks down on crypto, India calls for regulatory collaboration
The cryptocurrency industry this week reacted to the recent moves by U.S. authorities against Kraken and Paxos. Meanwhile, India has been calling for a collaborative approach to crypto regulations.
Paxos ordered to stop minting Binance stablecoin as SEC mulls legal action
Top blockchain and crypto news: Paxos halts BUSD issuance. Kraken faces disclosure charges. Beijing backs new blockchain research center.
Be careful what you wish for? Regulators pick up pace in the crypto industry crackdown
Last year was memorable in the emerging world of digital assets for the sheer number of corporate failures. The industry itself has been asking for clearer legal guidelines to help development. Is that what’s happening now?
A house divided? SEC Commissioner Peirce attacks agency’s fines against Kraken exchange
Hester Peirce said using enforcement action to dictate law in an emerging industry is the act of a “lazy” regulator, after the SEC fined the U.S.-based Kraken crypto exchange for failing to register staking programs.
Binance makes Korea comeback with GOPAX acquisition
Top blockchain and crypto news: GOPAX deal sees Binance return to South Korea. Inflation fight spooks crypto markets. Chinese liquor giant gives cheers to NFTs.