regulatory pressure

Crypto firms in the United States are seeking overseas growth opportunities as they face increasing regulatory pressure from the U.S. Securities and Exchange Commission (SEC). Here are some key points about this development: Regulatory Pressure: Crypto firms have been f ...

Brian Armstrong thinks the United States is in danger of missing its chance With that, the dollar will lose its status as a world currency He calls for developing the cryptocurrency segment, not limiting it On Tuesday, May 30, WarketWatch published an ...

It's Binance, Bitfinex, OKX, Coinbase and Kraken At the same time, ethers began to actively leave U.S. exchanges Experts believe other cryptocurrencies will soon begin to leave the U.S. According to a Kaiko report, 72% of ETH liquidity is concentrated ...

This will give the exchange access to the European market The deal is seen as another step by the company to explore outside destinations As rumors of a possible "move" of Coinbase grow louder Austrian cryptocurrency investment company BitPanda has si ...

Akk Invest published a report saying that the U.S. is at risk of ceding leadership in the cryptocurrency industry amid increasing regulatory pressure in the country. The report noted that major trading firms, including Jane Street Group and Jump Trading, are reducing their ...

Based on the Lightning Network solution for the Bitcoin network, Strike payment platform announced support for USDT, the largest steblecoin, on various networks. According to Tether CTO Paolo Ardoino, users will be able to deposit and withdraw USDT, as well as pay with st ...

Cryptopayment service Strike announced its decision to move its headquarters to El Salvador amid increasing pressure from U.S. regulators. The company also expanded its services to 65 countries. Previously, the Strike mobile app only worked in the U.S., El Salvador, and A ...

This was Oliver Lynch's message during Bitcoin 2023 In his opinion, it is wrong to try to "squeeze" cryptocurrency into an existing financial market sector It is a separate segment just like securities and derivatives And he believes that industry conf ...

With growing pressure from U.S. regulators, Bit Digital, a New York-based mining company, is expanding its infrastructure in Iceland. The company plans to locate 2,500 recently purchased mining rigs in Iceland.As Bit Digital CEO Samir Tab ...

American cryptocurrency exchange Coinbase continues to develop its international presence - the site introduced new services for customers from Singapore. Coinbase Singapore users will be able to buy USDC with the Singapore dollar without commissions. They will also be ...

The Wall Street Journal (WSJ) reports, citing court documents, that market maker Jump Trading received $1 billion through its deals with Terraform Labs. According to the documents, the company purchased millions of UST tokens in 2021, hoping to manipulate their value. ...

Apparently the big firms are just "rocking the boat" But it won't work because all their threats to leave the market are a bluff We reported earlier today, May 15, that cryptocurrency companies in the United States are thinking about moving to Bermuda. The cou ...

As Bloomberg reports, two major market makers, Jump Trading and Jane Street, announced they would cease operations in the U.S. market amid regulatory pressure. According to Bloomberg's source, the firms are not abandoning crypto-industry activities entirely. Jump Crypt ...

Virtual real estate prices have collapsed by 90% in the last fourteen months, journalists have calculated The virtual real estate market in Decentaland and The Sandbox is in crisis amid falling cryptocurrency prices and a lack of interest among investors. The Australian Financial Review newspa ...

Token capitalization exceeded $82 billion Yesterday, May 8, the asset crossed $1.01 The company is not "tied" to the U.S. and therefore less vulnerable to regulatory pressure The USDT has overtaken not only other steiblockers but also, it seems, the r ...

Crypto exchange Bittrex filed for bankruptcy after closing operations in the U.S. due to regulatory pressure. The bankruptcy also applies to several subsidiaries of the exchange. According to a May 8 filing by Bittrex Inc.. to U.S. Bankruptcy Court in Delaware County. ...

In less than a month, net outflows from Coinbase and Binance were about $700 million But DEX is seeing net inflows With liquid-staking outperforming decentralized protocols in TVL Dune Analytics reported net ETH outflows on Coinbase and Binance since ...

According to Morgan Mac Lawyers, Coinbase is unlikely to delist bitcoin (BTC) and ether (ETH) even if regulators increase pressure on the exchange, given that these two cryptocurrencies account for 65% of its trading volume. Bill Morgan, a lawyer representing the San Francisco-based exchange, sta ...

Metropolitan Commercial Bank, a leading public bank in the United States, announced its departure from the cryptocurrency business, citing a significant drop in digital currency deposits from $820 million to $275 million as of March 31. The bank, with a capitalization of ...

On April 13th, the Ethereum developers initiated the Shanghai update on the main network, which successfully enabled the withdrawal of coins from staking. Despite initial concerns, this development did not negatively impact the value of ETH. Currently, there is approximately $32 billion worth of ...

The CEO of Binance, the largest cryptocurrency exchange, has denied rumors of receiving a notification from international law enforcement agencies and has urged the community not to panic. The rumors began when a Twitter user under the pseudonym Cobie posted a message encoded with SHA-256 cryptog ...

Binance Coin (BNB) is a digital currency that powers the Binance exchange, which is currently the world's largest crypto exchange. However, in 2023, the exchange faced regulatory challenges that could potentially impact the value of BNB. To understand the potential impact, BeInCrypto reached out ...