Regulation
Binance Taps Co-Founder Yi He to Head $7.5B Venture Arm
Binance Labs announced a new $500 million fund in June to invest in Web3 and blockchain projects. Source link
Regulation
Regulation
Bitcoin Miner SAI.TECH Halts Kazakhstan Expansion, Citing Operation and Cost Uncertainties
Nasdaq-listed Bitcoin miner SAI.TECH has terminated the remainder of its expansion into Kazakhstan in light of uncertainty in the region. Source link
Regulation
CFTC Would Become Primary Crypto Regulator Under New Senate Committee Plan
At present, most crypto exchanges are regulated at the state level, with no clear federal guidelines for registration or oversight. The SEC, the CFTC’s counterpart, has indicated that crypto exchanges listing digital securities should be […]
Regulation
Banking Platform Galoy Raises $4M for Bitcoin-Backed Synthetic Dollar
“Bitcoin has brought digital transactions to previously unbanked communities across Latin America, Africa and beyond,” said Galoy CEO Nicolas Burtey in a press release. “However, its volatility makes managing financial obligations difficult. With Stablesats-enabled Lightning […]
Regulation
Brazil Might Approve Its Cryptocurrency Law This Week – Regulation Bitcoin News
This week, the Chamber of Deputies in Brazil might approve a cryptocurrency bill introduced earlier this year. According to the leader of the Federal Government in the Chamber, Ricardo Barros, the bill is set to […]
Regulation
Hackers Send Back $9M to Nomad Bridge After $190M Exploit
Hackers that exploited the Nomad Bridge have sent around $9 million back to the protocol. Source link
Regulation
Robinhood Crypto Fined $30 Million by New York Regulator for ‘Significant Failures’ in Multiple Areas – Regulation Bitcoin News
The New York State Department of Financial Services (DFS) has fined Robinhood Crypto $30 million for “significant failures in the areas of bank secrecy act/anti-money laundering (‘BSA/AML’) obligations and cybersecurity.” Robinhood Crypto Settles With the […]
Regulation
New York Attorney General Wants to Hear From Investors Deceived by Crypto Platforms – Regulation Bitcoin News
New York Attorney General Letitia James has urged investors in her state who believe they have been deceived by a crypto platform to contact her office. “Investors were promised large returns on cryptocurrencies, but instead […]
Regulation
Bitcoin Wavers in Narrow Range as Cryptos Trade Weaker
On a technical basis, bitcoin breached its 10-day exponential moving average (EMA), indicating short-term weakness. The 10-day EMA is a moving average of the most recent 10 days of bitcoin prices. A movement in price […]
Regulation
Binance US Delists Crypto Token ‘out of an Abundance of Caution’ After SEC Says It’s a Security – Regulation Bitcoin News
Binance’s U.S. platform is delisting crypto token amp after the Securities and Exchange Commission (SEC) declared it a security. Another crypto exchange, Coinbase, disagreed with the regulator, arguing that the token is not a security. […]