Coinbase says SEC’s legal threats punish transparency, undermine public listing process
Coinbase said the Securities and Exchange Commission seems to be undermining its own role as the monitor of companies registering to sell shares to the public
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Weekly Market Wrap: Bitcoin flirts with US$30,000, Ether regains US$1,900
Bitcoin rebounded from US$27,000 multiple times this week. Uncertainty over U.S. regulation and geopolitical tensions may continue weighing on the crypto market, industry experts told Forkast.
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Bitcoin, Ether rise amid renewed recession fears after weaker-than-expected U.S. GDP
Bitcoin and Ether rose during Asian trading hours on Friday, while the top 10 non-stablecoin cryptocurrencies by market capitalization closed mixed. The SOL token saw the biggest gain. Asian equity markets strengthened after the Chinese central bank boosted short-term cash injections for the 11th day.
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HKMA urges local banks to provide services to regulated digital asset firms
Arthur Yuen, Deputy Chief Executive of the Hong Kong Monetary Authority, urged local lenders to provide banking services to regulated crypto firms.
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Binance says it built 700-member compliance team to handle crypto crime, legal enquiries
Binance said it has more than 700 employees in its compliance team, which includes 170 staff working to combat crypto fraud.
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Bitcoin gains after week of bank turbulence, Ether dips, U.S. equity futures lose steam
Bitcoin rose on Friday morning in Asia amid worries about U.S. banks and a possible recession. Ether edged lower. along with most other top 10 tokens.
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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.
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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.
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Bitcoin, Ether inch up; equities strengthen after phone call between China’s Xi Jinping, Ukraine’s Zelensky
Bitcoin and Ether rose during Asian trading hours on Thursday, while most top 10 non-stablecoin cryptocurrencies by market capitalization declined. Cardano’s ADA token saw the biggest gain.
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Hong Kong’s SFC to release crypto exchange licensing guidelines in May: Bloomberg
Hong Kong’s Web3 industry can look forward to more regulatory clarity, with the city set to release its cryptocurrency exchange licensing framework in May