Synthetix Creator Believes US Regulators Are No Longer Acting in Good Faith Towards Cryptocurrency

Kain Warwick, the creator of Synthetix (SNX), has expressed his belief that US financial regulators are no longer operating in good faith when it comes to overseeing the cryptocurrency sector. In an interview with Bankless, Warwick mentioned his surprise at the level of "adversarial attacks" on the ...

Synthetix Creator Believes US Regulators Are No Longer Acting in Good Faith Towards Cryptocurrency

Chris Ferraro, the interim CEO of Celsius, has implemented a strategy focused on stability and a more "boring" work culture to revive the bankrupt lender. According to Bloomberg, Ferraro initiated regular staff meetings and emphasized sticking to the budget as part of his efforts to make the company ...

Democratic Candidate Robert F. Kennedy Jr. Criticizes US Regulators for “War on Cryptocurrency”

He believes regulators have overstepped their authority And caused several financial problems This is important rhetoric from the presidential candidate Democratic candidate Robert F. Kennedy Jr. (and nephew of former President John F. Kennedy) addres ...

Binance’s Tech Workforce in China Draws US Regulators’ Attention

Binance.US, a subsidiary of Binance created to cater to US customers, reportedly maintains a significant technology workforce in China, as per sources cited by Bloomberg. However, the connection to China could potentially raise regulatory concerns for the company, as noted by the same source. ...

Billionaire Chamath Palihapitiya claims US regulators have “strangled” the cryptocurrency sector

According to billionaire and venture capitalist Chamath Palihapitiya, the cryptocurrency industry in the United States is on the brink of collapse due to what he believes is the stifling regulations imposed by the government. Palihapitiya claims that the US authorities vi ...

Gemini Unveils New Derivatives Trading Platform for Non-US Users

Gemini, a leading cryptocurrency exchange, has announced the launch of a new derivatives trading platform, which will be accessible to users across several countries worldwide. The platform's first product will be a perpetual contract for BTC paired with the Gemini stablecoin (GUSD). Later on, th ...

Lawyer Accuses US Regulators of Obstructing Cryptocurrency Company Registration

Jeremy Hogan, a partner at the law firm Hogan & Hogan, has accused US regulators of intentionally impeding the registration of cryptocurrency companies in the United States. The lawyer, who represents XRP holders, took to Twitter to express his frustration with the lack of clear regulations f ...

Dubai Regulator Tightens Crypto Licensing Requirements for Companies

Bloomberg reports that the Dubai Virtual Assets Regulatory Authority (VARA) has taken steps to tighten the requirements for crypto companies seeking to operate in the emirate. VARA has requested additional information from Binance, a crypto exchange that already holds a license to operate in Duba ...

YieldTrust.ai Platform Banned in Multiple US States as Regulators Accuse It of Being a Ponzi Scheme

US Regulators Declare YieldTrust.ai a Ponzi Scheme and Ban the Platform Several US states' financial regulators have issued a warning that the YieldTrust.ai trading platform exhibits characteristics of a Ponzi scheme and banned the application in their states. YieldTrust.ai and its founder, St ...

Bittrex Terminates Work with US Clients Due to Regulatory Environment and Economic Situation

Bittrex, a well-known cryptocurrency exchange, has recently announced that it will be terminating its services to clients in the United States. The exchange cited the "difficult regulatory environment and economic situation" in the country as the primary reason for this decision. According to ...

Coinbase Halts Support for Signet Following Signature Bank Shutdown

Coinbase, a well-known cryptocurrency exchange, recently announced that it has ceased supporting Signet, a digital payment platform owned by Signature Bank. This decision was made after US regulators shut down Signature Bank last week. Coinbase is now actively seeking a new technology provider, w ...

Record $255 Million Withdrawn from Crypto Funds and Trusts in Five Days

The American banking industry's recent events have sent shockwaves throughout the investment community, causing major institutional investors to panic. Over the course of just five days, a staggering $255 million was withdrawn from cryptocurrency funds and trusts. This marks the fifth week in ...

Signature Bank Board Member Accuses US Regulators of Targeting Crypto Industry

A member of Signature Bank's board has accused US regulators of intentionally discrediting the cryptocurrency industry by blocking the bank's operations over the weekend. Barney Frank, a former congressman and board member of Signature Bank, has alleged that the New York City Department of Financ ...

South Korea Considers Banning Staking “Services on Domestic Virtual Asset Exchanges”

South Korean financial authorities are exploring the possibility of implementing a ban on staking services offered by domestic virtual asset exchanges. They held a meeting in Seoul to discuss global trends in cryptocurrency regulation and plans to support and stabilize the national financial market ...