Amidst stringent regulatory scrutiny in the US, Binance is diving headfirst into the crypto mining landscape with a new subscription-based cloud mining service for bitcoin. As of June 15, the company unveiled its novel cloud mining services, catering specifically to Bitcoin (BTC) mining...
In a recent video by Crypto Banter, notable crypto investor Ian Balina expressed apprehension about the future of cryptocurrency in the US, with the recent regulatory pressures considered a major concern. Balina, along with other key players in the industry, see this development...
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...
Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Meme coin pepe sees tremendous losses in price valuation ahead of the ongoing wrangle between Binance and the SEC that has provoked FUD and investor panic. Pepe has seen...
Binance has recently faced various regulatory challenges in multiple jurisdictions. Bloomberg reports that the crypto exchange might be preparing for a change in its top leadership. The exchange has recently lost its Australian payments partner, which led to the suspension of Australian dollar...
The Reserve Bank of Australia (RBA) recently released a report discussing the potential of stablecoins and CBDCs, highlighting the importance of regulatory mechanisms for digital assets. In an update from Australia, the RBA has released more information from an ongoing inquiry concerning a...
This week, regulatory affairs continued to be a top concern. Government institutions worked towards creating guidelines to adapt to the ever-changing and evolving world of cryptocurrencies. Meanwhile, the private sector showed interest in non-fungible tokens (NFTs) by collaborating on various projects. Despite these...
Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Bybit, currently the second-largest cryptocurrency derivative exchange worldwide by volume, has been granted in-principle approval by the Astana Financial Services Authority (AFSA) of Kazakhstan to offer a range of...
Last week was eventful for Gemini. They faced similar accusations brought by the United States Securities and Exchange Commission (SEC) as Ripple. Subsequently, they had to deal with various operational and regulatory challenges. Despite the ongoing SEC case, Ripple is still determined to...
Unbanked, a crypto fintech firm specializing in crypto custody and payments services, has decided to close its operations, citing a harsh regulatory environment for cryptocurrencies in the United States. In a blog post published on May 26, Unbanked’s co-founders, Ian Kane and Daniel...