The intended sale of Voyager Digital to Binance.US has been put on hold for the time being by Judge Jennifer Rearden, a newly appointed federal judge for the US District Court in the state of New York. According to the ruling that was handed down (1), the previously proposed sale of one billion dollars won’t … Read more
The Economic Affairs Committee of the French National Assembly met on Wednesday to discuss marketing and promotions in France relating to cryptocurrencies that were made by celebrities on social media. It was decided that such practices should be made illegal in order to safeguard consumers from any potential dangers they may face. The amendment to … Read more
Kaiko, a French company that provides statistics on the crypto market, will relocate its base from Singapore to Hong Kong to take advantage of the better opportunities available in the future center for Web3 enterprises. It was revealed in an interview with Ambre Soubiran, the Chief Executive Officer of Kaiko, that the company would be … Read more
Following an announcement made by the Financial Supervisory Commission of Taiwan (FSC), it will now serve as the principal regulating body for cryptocurrencies in Taiwan. A number of legislators have advocated for the Ministry of Digital Affairs (MODA) to take the lead role in regulating cryptocurrencies. Notwithstanding this, the FSC made it public by releasing … Read more
The legislation known as House Bill 1193 has been rejected by the Governor of South Dakota, Kristi Noem. The measure modifies the definition of money so that cryptos like Bitcoin are no longer considered money and contain support for digital currencies issued by central banks (CBDC). Noem stated his opposition to the bill in a … Read more
The collapse of Silvergate Bank & Silicon Valley Bank just seven days after one another has caused shockwaves to spread throughout the cryptocurrency industry. Regulators and legislators in the United States have been concerned because the turbulence has spread into the conventional finance sector. This is a really unfortunate development. Elizabeth Warren Criticized the … Read more
Circle, the company that issued the USDC stablecoin, said late Friday that it still has about (1) $3.3 billion in reserves at Silicon Valley Bank out of a total of $40 billion. Once a panicked public rushed to withdraw their money from the high-tech lender, the stock price plummeted. On Friday, 48 hours after one … Read more
Binance.US has been given permission to purchase the assets of defunct cryptocurrency lender Voyager Digital in a $ 1 Billion dollar deal. Binance.US will be able to broaden its range of services and boost its standing in the extremely competitive cryptocurrency sector due to the acquisition. The agreement was given the go-ahead (1) on March … Read more
The Chairman of the Federal Reserve, Jerome Powell, gave a speech on Tuesday, March 7, in which he discussed recent developments in the cryptocurrency industry as well as the present macroeconomic climate. Amid the recent upheaval, the Chairman of the Federal Reserve attempted to find a middle ground by claiming that the central bank is … Read more
A story sharing exclusive info about Binance’s operations and its participation with authorities was published in the Wall Street Journal on Sunday, March 5, 2019. According to a report from WSJ, cryptocurrency exchange firm Binance expressed interest in employing Gary Gensler as a consultant several years before he was appointed chairman of the SEC in the … Read more