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Coinbase CEO seeks regulatory clarity, expects ‘right outcome’ for crypto industry

0xMain
June 11, 2023

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Coinbase CEO Brian Armstrong believes crypto entrepreneurs will return to the United States once the government establishes the “right outcome” for cryptocurrency regulations. In a recent interview, Armstrong emphasized that regulating crypto is simple and expressed confidence that the United States will achieve regulatory...

SEC seeks express court order to freeze BinanceUS’s assets

0xMain
June 7, 2023

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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied The SEC has asked a United States federal court to freeze the entire assets of BinanceUS, to prevent the “dissipation of the exchange’s available assets for any judgment.” Binance.US...

Security Laws Are Not Ready For The Digital Era4

Binance.US seeks to reduce CZ’s majority stake

0xMain
May 12, 2023

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Binance.US and Changpeng Zhao (CZ) are looking to reduce the latter’s majority stake and influence over the crypto exchange, due to increasing scrutiny from U.S. regulators in recent months. Curbing unnecessary regulatory scrutiny In a bid to tackle the unfavorable regulatory scrutiny being...

Bank of Canada seeks public input on CBDC

0xMain
May 8, 2023

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The Bank of Canada has initiated an online public consultation to gather opinions on the characteristics of a digital Canadian dollar. The consultation, which started on May 13th, will remain open until June 19th. A rapid shift towards digital payments In recent years, the...

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FTX seeks to recover nearly $4b in bankruptcy case

0xMain
May 4, 2023

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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied In a court petition published on May 3, insolvent crypto exchange FTX claimed insolvent Genesis Global Capital owed it roughly $4 billion. According to the lawsuit, Genesis was “largely...

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Coinbase launches NFT campaign, seeks implementation of pro-crypto policies

0xMain
April 29, 2023

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Coinbase, a San Francisco-based cryptocurrency exchange, has launched a non-fungible token (NFT) campaign dubbed “Stand With Crypto” to empower the community and promote implementation of favorable policies. The launch comes after Coinbase sued the United States Securities and Exchange Commission (SEC) earlier this...

Ex-Coinbase insider trader seeks to reduce jail term

0xMain
April 27, 2023

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An ex-Coinbase employee who pleaded guilty to two counts of insider trading now seeks a shortened sentence of at most 10 months. The former employee, Ishan Wahi, worked as a product manager for Coinbase Exchange. Based on a court filing, Wahi now seeks...

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France seeks way for fast-track crypto licenses as EU approves MiCA

0xMain
April 25, 2023

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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied On April 20, the European Parliament approved the MiCA regulation package. Consequently, the French financial authority is considering fast-track solutions for registered companies to bring them into compliance with...

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EU MiCA regulation seeks to restore trust in cryptos

0xMain
April 19, 2023

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The European Union is set to vote on the Markets in Crypto Assets (MiCA) proposal, aiming to establish a legal framework that will regulate the cryptocurrency industry and rebuild trust after high-profile collapses. European Union legislators aim to conclude the cryptocurrency industry’s “wild...

South Korea seeks to seize $314m in assets from Terra executives

0xMain
April 7, 2023

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The office of the Seoul prosecutor is seeking to seize assets worth $314 million from eight Terra officials, including CEO Do Kwon, who was recently arrested in Montenegro. According to South Korean news outlet KBS, Do Kwon, CEO and co-founder of Terra Labs,...