In response to the Biden administration’s intensified scrutiny of the cryptocurrency sector, Binance is set to restrict dollar withdrawals from its US-based cryptocurrency exchange in the coming days.
In response to the Biden administration’s intensified scrutiny of the cryptocurrency sector, Binance is set to restrict dollar withdrawals from its US-based cryptocurrency exchange in the coming days.
The ongoing decline in Bitcoin and Ethereum continues, as uncertainty is projected to keep influencing the market. Bitcoin, the cryptocurrency with the largest market capitalization, dropped 1.3% to US$26,432, while
Coinbase, the leading US crypto asset exchange, faces a lawsuit from American regulators, marking a growing clampdown on the digital token sector.
US regulator, the Securities and Exchange Commission (SEC), has sent a Wells Notice to Coinbase Global Inc (NASDAQ: COIN), a cryptocurrency exchange listed on Nasdaq.
The European Union has reached an agreement on regulations for crypto assets. They are expected to enter into force by the end of 2023.
As major players struggled with liquidations and withdrawal freezes, trading halts, and bailouts, the cryptocurrency market meltdown intensified this week.
Coinbase Global Inc. announced Tuesday that it would lay off 18% of employees in an additional sign of a worsening cryptocurrency downturn that has slashed hundreds of millions of dollars
Reginald Fowler of Arizona and Ravid Yosef of Israel have been charged with bank fraud, conspiracy to commit bank fraud, and operating an unlicensed money transmissions business.