CZ says Binance Russia new owner CommEX will not serve EU, US customers

cryptoslate.com CommEX will not service customers from the European Union or the United States, according to Binance CEO Changpeng ‘CZ’ Zhao. In a Sept. 28 post on X (formerly Twitter), CZ…

Coinbase CEO Armstrong Alerts ‘5G Moment’ For Crypto: Tipping Point Is Here

bitcoinist.com Coinbase CEO, Brian Armstrong, has called for clear, comprehensive legislation in the crypto industry, cautioning that the United States is approaching a “5G moment” for…

Binance and Changpeng Zhao Seek Dismissal of SEC Lawsuit

sharedcryptobots.com Binance Holdings, CEO Changpeng Zhao, and their U.S. counterpart are jointly seeking the dismissal of the SEC’s lawsuit. They argue that the SEC overstepped its authority by…

Binance Urges Euro Users to Convert to Tether After Bank Partnership Ends

decrypt.co Binance prompted European Paysafe users to convert their EUR balances to Tether’s dollar-pegged stablecoin USDT before October 31. The crypto exchange indicated in a…

Synthetix Creator Says US Regulators No Longer Operating in Good Faith When It Comes to Crypto

dailyhodl.com founder Kain Warwick thinks it is now clear that US financial regulators are operating in bad faith to oversee the crypto sector. In a new interview on Bankless, Warwick…

Coinbase CEO Brian Armstrong Forsees Bitter Crypto Regulation Battle in Supreme Court

beincrypto.com In a bid to safeguard the future of the crypto industry, Coinbase CEO Brian Armstrong is leading a significant push for regulatory clarity in Washington. This effort, dubbed…

Binance Sells Business To New Exchange, Makes Full Exit From Russia

bitcoinist.com Binance, the world’s largest cryptocurrency exchange, has announced its full exit from Russia with a sale to a newly launched exchange. This move comes as a response to the…

Crypto exchange Binance exits Russia amid US investigations on breach of Ukraine sanctions

scmp.com Binance said it exited its Russia business by selling it to CommEX, a cryptocurrency exchange that says it officially launched on Tuesday. “As we look toward the future, we…

Coinbase CEO Brian Armstrong leads crypto D.C. push for new rules, warning jobs will go overseas

finance.yahoo.com The crypto industry is making a big push in Washington to lobby lawmakers to pass new rules to regulate the currency. The movement, which organizers are calling "Stand with…

JUST IN: CFTC Charges Fake Cryptocurrency Exchange with Fraud

en.bitcoinsistemi.com The US Commodity Futures Trading Commission (CFTC) has filed a civil enforcement action against Mosaic Exchange Limited, a US-based company, and its CEO, Sean Michael. The…

Former CEO of sham crypto miner IcomTech pleads guilty of wire fraud for Ponzi scheme

cointelegraph.com Marco Ruiz Ochoa pleaded guilty to one count of conspiracy to commit wire fraud in the Southern District Court of New York on Sept. 27 in relation to Ponzi scheme…

Coinbase CEO Brian Armstrong leads crypto DC push for new rules, warning jobs will go overseas

aol.com The crypto industry is making a big push in Washington to lobby lawmakers to pass new rules to regulate the currency. The movement, which organizers are calling "Stand with…

SEC Skeptical of Coinbase’s Role in Crypto Lending Firm Celsius’ Bankruptcy Process

dailyhodl.com The U.S. Securities and Exchange Commission (SEC) is opposed to Coinbase’s current involvement in Celsius’ bankruptcy plan. Celsius, a crypto lender, originally filed for…

FTX Chief Once Met With Powell. Now D.C. Crypto Lobbyists Are Struggling

nytimes.com FTX arranged for a meeting early last year between its founder, Sam Bankman-Fried, above in February, and Jerome H. Powell, the chair of the Federal Reserve. FTX’s demise…

Crypto’s advocate at the CFTC still has doubts about DeFi

aol.com Proof of State is the Wednesday edition of Fortune Crypto where Leo Schwartz delivers insider insights on policy and regulation. From her perch as a commissioner at the…

The story behind FTX's Sam Bankman-Fried

thestreet.com Who is Sam Bankman-Fried? Sam Bankman-Fried is an American entrepreneur and investor. Often known by his initials, SBF, he was the founder and CEO of the cryptocurrency…

Binance Has Lost 50% Market Share to Exchanges In 2023

watcher.guru At the end of 2022, Binance controlled 75% of the market share among non-USD-supported exchanges. Fast forward to August 2023, and the exchange’s market dominance has fallen…

Crypto Kingpin behind Bars: 12Y for $100M Ponzi Scheme

financemagnates.com As a part of a broader crackdown on fraudulent crypto operations in the USA, one of the masterminds behind the AirBit Club has been sentenced to 12 years in prison. Pablo…

Bitcoin Price Up 30% Versus Ethereum, New 2023 Lows Incoming?

newsbtc.com Bitcoin price is up 30% versus Ethereum (ETH) in 2023, and bulls appear not to be slowing down, looking at the performance in the weekly chart. BTC is on the brink of…

United Kingdom banks are a threat to crypto, and that's bad news for everyone

cointelegraph.com In 2018, the United Kingdom’s Financial Conduct Authority (FCA) wrote to the heads of the country’s biggest high street banks to emphasize the importance of due diligence…

Binance in ‘Do or Die’ Mode as Traders Imagine Life Without Exchange

pymnts.com What would happen if the world’s largest cryptocurrency company suddenly collapsed? It’s a question the industry is asking about Binance, The Wall Street Journal reported…

By The Numbers: How Many Celsius Creditors Voted For The Reimbursement Plan

bitcoinist.com Amid the Celsius bankruptcy plan in which creditors are to decide the next step, creditors of the crypto lender have voted in favor of a reimbursement plan – a vote that…

Onchain leverage trading platform Avantis Labs raises $4M seed round led by Pantera Capital

techcrunch.com Avantis Labs, a decentralized finance (DeFi) derivatives ecosystem, has raised $4 million in a seed funding round led by Pantera Capital, the company’s co-founder and CEO…

Kirsten Gillibrand Trying To Convince Other Democrats of Better Crypto Regulation: Report

dailyhodl.com US Senator Kirsten Gillibrand is reportedly attempting to convince her fellow Democrats to support legislation to increase regulatory clarity for cryptocurrencies. In a new…

Here’s why the US gov’t always shutters prediction markets

protos.com The US Commodity Futures Trading Commission (CFTC) has shut down Kalshi’s predictions market that enabled wagers on whether Republicans or Democrats would win a majority of…

This Democratic Senator Pushing to Make Crypto Regulations a Priority for Both Parties

beincrypto.com Amid a potential government shutdown, Democratic Senator Kirsten Gillibrand of New York is spearheading a bipartisan initiative to bring crypto regulation to the forefront…

Hedge funds still neutral on gold, silver as economic uncertainty supports prices

kitco.com The gold market continues to go nowhere in a hurry as hedge funds maintain relatively neutral positioning in the precious metal ahead of last week’s U.S. monetary policy…

SEC obtains Wall Street firms’ private chats in probe of WhatsApp, Signal use

arstechnica.com The US Securities and Exchange Commission has "collected thousands of staff messages from more than a dozen major investment companies" as it expands a probe into how…

CFTC Virtual Event to Focus on Investment Scams and AI

pymnts.com Fraud in the digital age will be the focus of an upcoming virtual event hosted by the Commodity Futures Trading Commission (CFTC). The event, “Technology and Fraud: Stopping…

CFTC to Hold Virtual Events on Social Media Investment Fraud and AI

beincrypto.com The crisis of online fraud, and, in particular, online scams that make use of social media platforms and influencers, is out of control. Federal regulators in Washington are…

“Downfall of Crypto King:” BBC Set to Release SBF Documentary

thecryptobasic.com The British Broadcasting Corporation (BBC) will release SBF’s documentary later today, a series that will examine the rise and fall of FTX. The British Broadcasting…

European Investors More Bullish on Crypto Than American, Says CoinShares Report

decrypt.co A new CoinShares report suggests that there is a "divergence in sentiment from a regional perspective" when investing in cryptocurrencies. This divergence is especially…

US investors can't place wagers on the 2024 election, financial watchdog rules

aol.com None US investors won't be able to bet directly on the 2024 Congressional elections. • None Contracts wagering the outcome of the contest are "contrary to the public…

Coinbase Intensifies Campaign for Clear Crypto Regulation by Mobilizing 50 Million Investors

cryptopotato.com US-based cryptocurrency exchange giant Coinbase continues to push forward with its efforts to seek regulatory clarity for the crypto industry, claiming that the current…

Factbox-US government shutdown: What closes, what stays open?

investing.com U.S. government services would be disrupted and hundreds of thousands of federal workers furloughed without pay if Congress fails to provide funding for the fiscal year…

US DeFi Protocols Fined Over Illegal Derivatives Offerings

cryptobriefing.com The Commodity Futures Trading Commission (CFTC) has charged three decentralized finance (DeFi) protocols with offering illegal digital asset derivatives trading. The CFTC…

CFTC Cracks Whip On DeFi Protocols, Fines Opyn, 0x, And Deridex

cryptodaily.co.uk The United States Commodity Futures Trading Commission (CFTC) has initiated regulatory action against three major decentralized finance (DeFi) protocols, Opyn, 0x, and…

CFTC Fines Opyn, ZeroEx and Deridex

thedefiant.io Regulator Charges Popular DeFi Protocols 0x, Opyn and Deridex With Offering Illegal Digital Asset Derivatives To U.S. Customers The U.S. Commodity Futures Trading Commission…

Coinbase Wins Approval To Offer Crypto Futures To US Clients

thedefiant.io Coinbase, the largest cryptocurrency exchange in the U.S., has become the first regulated entity in the country to offer both spot trading and futures derivatives in the…

Holiday Bell: 9.1.23

dealbreaker.com Unemployment rate unexpectedly rose to 3.8% in August as payrolls increased by 187,000 [CNBC]That increase in the jobless level came as the labor force participation rate…

Regulators say “no” to election betting

morningbrew.com If your FIRE plan involves betting all your savings on your preferred party taking Congress in 2024, it’s time to come up with a new one. The Commodity Futures Trading…

Former FTX US president sees the glass half full on crypto regulation

blockworks.co Former FTX US president Brett Harrison, now the founder and CEO of crypto infrastructure firm Architect, says there is “hope” US lawmakers and regulators will come to an…

Aren't Allowed to Put This Economic Theory to the Test

coindesk.com Instead of an impassioned defense of markets or waxing philosophic on the economic theory behind information markets, Pham argued that because the U.S. Court of Appeals had…

Opening Bell: 9.22.23

dealbreaker.com Hard-right Republicans push closer to a disruptive federal shutdown [AP]The White House will tell federal agencies on Friday to prepare for a shutdown…. The open revolt was…

Regulator blocks bid to launch U.S. political-betting site

marketwatch.com The results of next year’s federal elections are anything but certain, but one thing is known for sure: Americans won’t legally be allowed to bet on the outcomes. The…

Investors blocked from betting on US congressional elections by regulator

ft.com CFTC says political-control contracts offered by futures market would be ‘contrary to the public interest’

Ethereum founder Vitalik Buterin speaks to CNBC about crypto and the U.S. crackdown

cnbc.com PRAGUE — For Vitalik Buterin, the idea of home is fleeting. The Russia-born coder, who built ethereum in his late teens, doesn't stay long in any one city anymore.…

CFTC Denies Kalshi’s Plan to Let Users Bet on Control of U.S. Congress

coindesk.com Plans by prediction market Kalshi to let users bet on which party will control the chambers of Congress have been turned down by regulators at the Commodity Futures Trading…

Binance Taps Ripple Lawsuit to Dismiss SEC Case

thecryptobasic.com The latest attempt from Binance to convince a US court to dismiss its ongoing case with the SEC taps into a recent ruling in favor of Ripple. Binance and its related…

Binance’s Bitcoin volume plummets after end of zero-commission trading

crypto.news activity on Binance, a cryptocurrency exchange, has been attributed to the removal of zero-commission trading in September. Bloomberg experts noted a 26% drop in average…

Binance and CEO Zhao Seek Court Approval to Dismiss SEC Lawsuit

financemagnates.com Binance, its US arm Binance.US, and Changpeng Zhao have officially filed a joint motion in court to dismiss the lawsuit brought against them by the Securities and Exchange…

Binance Boss Changpeng Zhao Asks Court to Dismiss SEC Lawsuit

cryptopotato.com On Sept. 21, the company submitted a 60-page petition asserting that the financial regulator overstepped its authority when it sued them. The SEC sued Binance in June,…

SEC Brings Enforcement Action in Western Texas Against Alleged Ponzi Scheme

beincrypto.com The Securities and Exchange Commission (SEC) has stepped up its legal war on affinity fraud with charges against the alleged operators of a Ponzi scheme targeting members of…

The beef between Circle and Tether

protos.com Circle and Tether have been battling for stablecoin market supremacy for several years but recently things have escalated with a series of increasingly public spats between…

Ultimate Guide to USDT Coin

changehero.io At least on the basic level, any crypto holder knows what Tether USD is. It is a crypto asset the value of which is more or less equal to the US dollar. However, if you feel…

The Chopping Block: Will Warren of 0x on Its Settlement With the CFTC

unchainedcrypto.com Welcome to The Chopping Block – where crypto insiders chop it up about the latest news. This week, Haseeb Qureshi and Tom Schmidt speak to Will Warren, cofounder of 0x Labs,…