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SEC Reiterates Binance’s Illegal Operations, Highlights “Lack of Disclosure”
- The SEC alleges Binance operated illegally as an unregistered exchange, broker-dealer, and clearing agency.
- Criticism emerges as the SEC admits “crypto asset security” lacks a formal definition.
Friday, 13/09/2024 | 15:46 GMT by
Tareq Sikder
Coinbase and Ripple Made $100M Political Donations: Will It Influence US Elections?
- The crypto industry has collectively spent $119 million on political contributions this year.
- Factors at play include regulatory battles, alongside nominee Donald Trump's pro-crypto pivot.
Monday, 02/09/2024 | 13:40 GMT by
Sam White
BingX Announces Pre-Launch Futures for Early Trading on Unlisted Tokens
- The service offers early trading with leverage and improved liquidity over Pre-Market Spot Trading.
- Meanwhile, partnership with Chelsea FC expands to official training wear partner for 2024/25 season.
Friday, 23/08/2024 | 09:12 GMT by
Tareq Sikder
Hong Kong's Crypto Licensing Faces Hurdles as 11 Exchanges under Review
- The SFC found issues in several platforms, including cybersecurity and reliance on executives for asset custody.
- Full licenses are expected by late 2024, but non-compliant firms may face rejection.
Thursday, 22/08/2024 | 09:46 GMT by
Tareq Sikder
Binance.US Faces Setback as Appeals Court Validates HEX Token Manipulation
- Ninth Circuit disagrees with district court, finds valid claims in HEX price manipulation case.
- Binance.US and CoinMarketCap face renewed legal scrutiny after appeals court ruling.
Tuesday, 13/08/2024 | 07:13 GMT by
Tareq Sikder
FCA Identifies Compliance Issues in Crypto Firms: Failures in Financial Promotions
- The FCA found mixed results, with some firms meeting standards while others failed to comply.
- Firms need to enhance their systems and controls to avoid regulatory consequences.
Wednesday, 07/08/2024 | 09:58 GMT by
Tareq Sikder
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