Regulation
Binance, Zhao sued by CFTC for alleged regulatory violations
Binance and founder Changpeng Zhao have been sued by the CFTC for allegedly violating derivative rules
Valida Pau
Contributor
Valida Pau
Valida Pau is an editorial intern at Forkast. She is a multilingual K-pop enthusiast and a history and economics student at Wellesley College.
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Bitcoin News
Texas legislature introduces bill to attract Bitcoin-related businesses, protect interests of same
The Texas legislature introduced a bill on Tuesday to attract more Bitcoin-related businesses and protect the rights of Bitcoin holders, miners, and developers.
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Regulation
US, Germany shut ChipMixer for alleged ties to US$3 bln crypto laundering
US, and German shuttered ChipMixer, a cryptocurrency service that allegedly laundered more than US$3 billion in crypto since 2017.
Valida Pau
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Regulation
Binance suspends pound sterling services for U.K. customers as payment provider backs out
Binance, the world’s largest cryptocurrency exchange, announced that it is halting its British pound deposits and withdrawals.
Valida Pau
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Regulation
SEC shuts Miami hedge fund for alleged ties to US$100 mln crypto fraud
The SEC announced emergency action against crypto hedge fund BKCoin and co-founder Kevin Kang in connection with an alleged fraud scheme.
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DeFi News
Liquid staking TVL surpasses lending, becomes the second-largest among DeFi services
The total value of crypto assets deposited in liquid staking protocols rose to US$14 billion, surpassing lending services before Ethereum’s Shanghai update.
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Regulation
SEC may make it harder for hedge funds to work with crypto firms: Bloomberg
The U.S. Securities and Exchange Commission (SEC) plans to propose rule changes that would make it difficult for cryptocurrency firms to hold digital assets.
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Regulation
Hong Kong to mandate stablecoin licensing as early as this year
The HKMA said in a consultation conclusion that algorithmic stablecoins will not be allowed in the city.
Valida Pau
