In a ruling that could have major implications for the privacy of crypto transactions, the US federal court has ordered cryptocurrency exchange Kraken to provide detailed information about its users to the Internal Revenue Service (IRS). This decision follows an IRS investigation into the tax compliance of Kraken users.
Many believed that Binance would come to an early end after the SEC began its attack earlier in June. But the tables have turned in recent days. The court recently ordered the two protagonists to reach an out-of-court settlement. According to the latest news, Binance.US is about to take the matter to court over a mistake made by the SEC.
On Tuesday June 20, EDX Markets, a new crypto exchange, announced the launch of its trading activities. The launch did not go unnoticed in the ecosystem, as the platform enjoyed the support of a consortium of popular institutions in the financial universe. These include Wall Street giants Fidelity Investments, Charles Schwab and Citadel Securities.
In the SEC VS Binance case, a US federal judge has rejected the request from the US regulator. Quick breakdown: Binance US assets will not be frozen. However, the judge demands further negotiations between the SEC and Binance lawyers. The goal is to define boundaries and resolve security issues.
Legal actions against crypto firm Binance have become one of the significant events in the crypto news this week. The news has caused a wave of consequences that could significantly impact the company's performance.
The legal battle initiated by the SEC against Coinbase and Binance is significantly harming the crypto industry. Some experts believe that it exacerbates the already existing risks in this sector, to the detriment of users who now have to think about protecting their interests.
The Binance-SEC case seems to be progressing very quickly. Just one day after filing a complaint against the crypto exchange, the regulator is taking a new step. The SEC is currently seeking to freeze Binance's assets and even wants to go further by blocking any access of Binance and its CEO Changpeng Zhao to the funds of U.S. clients.
The SEC has revealed a whole list of shitcoins that Binance should have registered as securities. What about Ethereum? And wash trading?
Binance is currently facing legal action brought by the SEC. The reason behind the lawsuit is the trading of tokens deemed as securities. Binance CEO has responded to these accusations, while the platform has expressed its disappointment with the filed complaint by the SEC.
After the CFTC, it's now the SEC's turn to go after Binance and its founder Changpeng Zhao (CZ).
The crypto market has promising days ahead. At least, that's what Changpeng Zhao, CEO of Binance, the world's largest cryptocurrency exchange in terms of trading volume, claims. In a recent interview with Bankless, Zhao predicted a series of successes for the industry and highlighted potential future scenarios. Let's briefly decipher his statements.
Binance announces the delisting of twelve cryptocurrencies under French regulatory pressure. Monero is among them.
In a recent interview on the Bankless podcast, Changpeng Zhao, the CEO of Binance, shared his perspective on the crypto industry and the current market. During the conversation, he addressed the persistent rumors (FUD) surrounding his company. Additionally, Zhao provided insight into the next major trend in the crypto space. Let's delve into the details of this interview.
Crypto company Binance seems to be constantly involved in controversies. If it's not regulators suspecting it of fraud, it's the press accusing it of misusing user funds.
Australian bank Westpac has banned its clients from depositing money into Binance. Another blow for CZ given the ongoing lawsuits by the CFTC in the United States.
Binance is facing massive withdrawals as well as transaction fees multiplied by the latest fashionable nonsense: the BRC-20…
After a particularly successful event last year, Avalanche is back with its famous Avalanche Summit in Barcelona, the catalan capital. As always, Avalanche is going all out and Cointribune is excited to bring you the latest news directly from the heights of Barcelona in the heart of the beautiful Poble…
It's time for Deskoin to get a makeover. After several weeks of hard work, its developers (finally!) present a new version of the platform. Several features are now available to users. You will find all the details in this article.
Crypto company Binance has been in the hot seat for the past few days. As regulators closely scrutinize the exchange, the situation seems to be going from bad to worse. Recent calls from a former SEC official are adding to the company's troubles.
Bitget, the largest crypto copy trading platform, has announced a $30 million investment in the decentralized BitKeep multi-chain wallet, becoming its controlling stakeholder. The deal will allow the exchange to extend its range of services while also supporting BitKeep in enhancing the stability and security of its offerings. It’s also aimed at helping both companies to leverage their strengths and collaborate on linking DeFi and CeFi.
KuCoin Managing Director Alicia Kao Advocated for Bitcoin's Network Effect at Paris Blockchain Week Panel
Following Forbes and Reuters, The Wall Street Journal has drawn a parallel between FTX and Binance. The spectre of SBF remains strong…