Institutional investors may have gotten the jitters on crypto in the wake of the regulatory crackdown in the United States, with digital asset investment products seeing the largest weekly outflow of ...
Tag: Crackdown
The SEC’s Stablecoin Crackdown Could Reshape The Entire Crypto Market
(Photo by Jakub Porzycki/NurPhoto via Getty Images) NurPhoto via Getty Images Key takeaways The SEC has ordered Paxos to stop trading its stablecoin, BUSD and may issue charges against the blockchain ...
FTX poked the bear and the bear is pissed — O’Leary on the crypto crackdown
Shark Tank investor and venture capitalist Kevin O’Leary has urged crypto exchanges to “get on board with regulation” if they want to “stay out of the way” of Gary Gensler and the United States Securi...
“Shame on Washington,” Custodia Bank CEO Slams U.S. Crypto Crackdown
Caitlin Long believes the U.S. government must amend its crypto regulatory approach. Custodia Bank Chief Executive Officer Caitlin Long has slammed the United States government for alienating good act...
Does SEC Crypto Staking Crackdown Will Impact DeFi?
This year Decentralized Finance (DeFi) market set off to a solid start. Earlier week crypto market bullish outburst helped DeFi to regain its $50 billion total value locked (TVL) on Thursday. Meanwhil...
This Week on Crypto Twitter: SEC Crypto Crackdown Met with Colossal Criticism
Illustration by Mitchell Preffer for Decrypt Most leading coins grew in value this week, largely offsetting the losses inflicted last week—the first red week of 2023. Meanwhile, regulators in Europe ...
More Strict Rules of SEC Under Crypto Custody Crackdown
The SEC has escalated its campaign to reign in. The regulator once again pushed its efforts to make more strict rules for crypto companies. It seems the Securities and Exchange Commision (SEC) is gett...
Custodia Bank CEO slams Washington’s ‘misguided crackdown’ on crypto
The CEO of Custodia Bank, Caitlin Long, has slammed regulators and lawmakers in Washington D.C. for their “misguided crackdown” on the crypto sector and ignoring her warnings of major “fraud” allegedl...
Custodia CEO Slams US Government Over Broad Crackdown, Lack of Regulatory Clarity in Crypto Industry – Regulation Bitcoin News
Caitlin Long, CEO of crypto bank Custodia, criticized the U.S. government for its handling of a massive crypto fraud that occurred months before the company’s collapse. She made her remarks in a blog ...
SEC’s staking crackdown has uncertain consequences for DeFi: Finance Redefined
Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you significant developments over the last week. The United States Sec...
Custodia Bank CEO Blasts Washington For Crackdown On Crypto
Custodia Bank CEO Caitlin Long has called out American lawmakers and regulators for the crackdown on crypto. The CEO claimed that she had warned regulators about the fraud going on at a major crypto f...
US crypto crackdown pushes companies overseas
Cryptocurrency companies could look towards overseas financial hubs as the U.S. crypto crackdown intensifies. Soon, the country may no longer be an industry leader. More attractive offers beyond the U...
Ethereum stakers unfazed by US crypto crackdown
Despite the recent scares about banning crypto staking, data analysis indicates that the amount of ethereum staked is increasing. Ethereum staked value on the rise: Cryptoquant Cryptoquant’s data indi...
Binance CEO Denies Delisting USDC Amid SEC Crackdown
According to a Bloomberg report, crypto exchange Binance is considering ending relationships with U.S. business partners. Allegedly the largest cryptocurrency exchange in the market is weighing the o...
Canada To Impose Tighter Laws For Exchanges Post U.S SEC Crackdown
6 hours ago | 2 mins read Bitcoin News Governments in Europe and Asia are also expanding their regulatory oversight. Kraken had its staking programme recently curtailed by the SEC. Regulation authorit...
South Korea and Hong Kong join forces for crypto crackdown
South Korean and Hong Kong Customs administrations have struck a partnership to help curtail illegal foreign transactions that are carried out via digital assets. The duo to stop illegal foreign excha...
Chinese Tech Dealmaker Bao Fan Goes Missing
Fan Bao is the chairman and chief executive officer of China Renaissance Group. David Paul Morris/Bloomberg China Renaissance Holdings says it has been unable to contact its Chairman and CEO Bao Fan, ...
Regulatory Crackdown Feels ‘Like a Crypto Carpet Bombing’: Blockchain Association CEO
In a recent interview on CNBC’s Squawk Box, Blockchain Association CEO Kristin Smith said the recent regulatory crackdowns in the industry felt “like a crypto carpet bombing.” The Blockchain Associati...
Tether market cap nears $70B as SEC crypto crackdown hurts stablecoin rivals
The United States Securities and Exchange Commission (SEC) plans to sue Paxos for issuing and listing its Binance USD (BUSD) stablecoin, benefitting its top-rival, Tether (USDT), whose market capitali...
SEC proposes tougher rules as part of its crypto custody crackdown
A five-member panel of the United States Securities Exchange Commission (SEC) has voted 4-1 in favor of a proposal that may make it more difficult for cryptocurrency firms to serve as digital asset cu...
Zilliqa Price Analysis & Prediction (Feb 15th) – ZIL Maintains Bullish Amid Market Crackdown, Trading in a Channel
The first week of the year marked high volatility for Zilliqa but later became moderate after recovering above a vital resistance level. it maintained the momentum in a shrink, waiting for an explosio...
Crypto ATMs feel the heat following UK FCA crackdown
The Financial Conduct Authority (FCA) of the United Kingdom is cracking down on unregistered cryptocurrency ATMs. Potential connections between these ATMs and organized crime have been highlighted all...
UK police crackdown on illegal crypto ATMs
The Financial Conduct Authority (FCA) and West Yorkshire Police have teamed up to disrupt unregistered crypto businesses operating illegally in the U.K., with a focus on identifying and disabling ille...
Cathie Wood’s ARK Invest Doubles Down on Coinbase (COIN), Buys Another 139,000 Shares Amid SEC Crackdown
Cathie Wood’s ARK Invest is gobbling up more shares of Coinbase (COIN) as the U.S. Securities and Exchange Commission (SEC) cracks down on crypto. With ARK Invest’s February 10th purchase of 139,105 s...
Stablecoins not the target in BUSD crackdown: Matrixport head of research
Crypto financial services Matrixport’s head of research believes the recent scrutiny of Paxos and its Binance USD (BUSD) token is not a direct attack on stablecoins themselves. In a Feb. 14 ana...
Coinbase, JP Morgan relationship intact amid regulatory crackdown: Sources
Rising regulatory scrutiny isn’t coming between Coinbase and one of its banking partners, JPMorgan Chase. The cryptocurrency exchange and the Wall Street stalwart are sticking together am...
CZ Outlines Need for Stablecoins Pegged to Other Fiat Currencies Amid BUSD Crackdown
The founder and chief executive of Binance spoke in a Twitter AMA (Ask Me Anything) about different hot topics in the cryptocurrency community as of now, with one of them being expectedly the BUSD cla...
USDC faces SEC enforcement amid stablecoin crackdown
Rumors are circulating that the Securities and Exchange Commission (SEC) will soon issue an enforcement notice to Circle over its stablecoin USDC. The move comes as part of the SEC’s current crackdown...
U.S. Regulatory Crackdown on Crypto Market Intensifies Ahead of CPI Data Release
The crypto market is getting tested for its resilience following the heightened regulatory crackdown from key agencies in the United States. With the total crypto market capitalization down approximat...
SEC’s Crypto Crackdown Terrible For Biden: Ripple (XRP) Exec
In light of recent actions taken by the U.S. financial watchdog against crypto giants Paxos and Kraken, Ripple’s Chief Legal Officer, Stuart Aldeorty, took a jab at SEC Chair Gary Gensler on Twitter. ...
Cardano Founder’s Interesting Comment on Crypto Crackdown Shared by Charles Gasparino
In a tweet, Fox Business Senior Correspondent Charles Gasparino touched on Cardano founder Charles Hoskinson’s comment to Eleanor Terrett regarding the crypto crackdown. Cardano’s founder ...