The authorization of the ETFs - which are comparable to stocks or mutual funds as far as accessibility to everyday investors - "represents a pivotal juncture for the digital asset space, signifying a movement towards mainstream legitimacy and acceptance," said Thomas Tang, vice president of investments at Ryze Labs.
Binance US has been involved in wash trading activities, say reports
The Wall Street Journal (WSJ) reported that CZ confirmed that $70,000 worth of Bitcoin, traded on Binance US's launch day, originated from its affiliated entities. This allegation surfaces merely two months after the Securities and Exchange Commission (SEC) launched a comprehensive lawsuit against Binance.
Binance and SEC reach deal to repatriate US customers’ funds
US Securities and Exchange Commission did not specify how many of Binance's US customers are affected, nor the value represented by these funds. Earlier this month the SEC charged the crypto giant with securities law violations that it said amounted to "an extensive web of deception" and "calculated evasion of...
Crypto exchange Binance halts US dollar deposits after action
WASHINGTON, US - The world's largest cryptocurrency exchange Binance said it was halting US dollar deposits and encouraged clients to withdraw their dollars by early next week, following charges leveled by the government. The US Securities and Exchange Commission on Monday charged the crypto giant with securities law violations that it...
US SEC sues cryptocurrency platform Coinbase
NEW YORK, US - US securities regulators sued Coinbase on Tuesday, alleging that the cryptocurrency platform's failure to register as a securities exchange venue exposed investors to risk. The complaint comes on the heels of Securities and Exchange Commission (SEC) charges filed on Monday against cryptocurrency exchange Binance and founder Changpeng Zhao...
Crypto-linked bank failures fuel regulation debate
Global finance was rocked by the collapse of Silicon Valley Bank last week, and the digital currency sector was hit hard by the demise of US crypto lenders Silvergate and Signature -- just months after the bankruptcy of troubled crypto exchange trading platform FTX. Regulators are increasingly keen for oversight...
Credit Suisse delays yearly report
Delay has had no effect on its annual financial statement.US SEC charges crypto firm owned by Winklevoss twins
The charges came as US officials crack down on the sector after the uproar caused by the bankruptcy of FTX and Alameda Research. Their founder, Sam Bankman-Fried, is accused of fraud after diverting funds deposited by millions of customers on his FTX platform, and transferring them without authorization to Alameda,...
A campaign in US to stop Musk buying Twitter
Twitter said that the deal for Musk to acquire the company was a step closer to being sealed with the passing of a deadline.
