• Market Cap: $1,147,325,503,822.76
  • 24h Vol: $38,219,302,718.32
  • BTC Dominance: 44.69%
XBT.Market
Advertisement
  • Home
  • Coins MarketCap
  • Crypto Exchanges
  • Crypto Calculator
  • Top Gainers and Loser
  • News
  • Contact Us
No Result
View All Result
XBT.Market
No Result
View All Result
Home Bitcoin

Coinbase, Binance and Kraken under scrutiny: Law Decoded, July 25-August 1

Jon Hartney by Jon Hartney
August 1, 2022
in Bitcoin, Blockchain, Business, Market
0

RoboSats is a project that allows users to generate fun pseudonymous avatars that can facilitate KYC-free bitcoin

189
SHARES
1.5k
VIEWS
Share on FacebookShare on Twitter

Enforcers around the world are demonstrating their interest to the industry’s largest players.

Despite some good signs of the crypto prices recovery, last week could hardly be called bright for the market, as the major news came from the enforcers and not the regulators. According to a report from the New York Times, the United States Treasury Department’s Office of Foreign Assets Control (OFAC) has been investigating crypto exchange Kraken for allegedly allowing users based in Iran and other countries to buy and sell crypto in a potential violation of U.S. sanctions. 

In the other hemisphere, the Philippines’ think tank Infrawatch PH filed a twelve-page complaint calling on the local Securities and Exchange Commission (SEC) to crack down on Binance’s activities in the country. The news comes shortly after the Philippines’ Department of Trade and Industry (DTI) waved off a Binance ban proposal in early July, citing a lack of regulatory clarity, as one of the world’s largest crypto exchanges indeed still doesn’t hold a license in the Philippines.

Related articles

Bitcoin Can Save California’s Largest Pension Fund From Its Existential Problems

Bitcoin Can Save California’s Largest Pension Fund From Its Existential Problems

June 8, 2023
SEC’s crypto actions surged 183% in 6 months after the FTX collapse

SEC’s crypto actions surged 183% in 6 months after the FTX collapse

June 8, 2023

These developments form an alarming trend, given the ongoing investigation by the U.S. Securities and Exchange Commission into Coinbase’s alleged trading of unregistered securities. Michael Bacina, an Australian digital assets lawyer with Piper Alderman, told Cointelegraph that the impact on exchanges might occur whether or not the tokens are ultimately found to be securities. And, it would be serious and chilling for both those exchanges and the token projects.

Cathie Wood sells Coinbase shares amid insider trading allegations

One of the largest stockholders of the Coinbase cryptocurrency exchange has dumped a massive amount of shares due to a reported probe by the SEC. Cathie Wood’s investment firm Ark Investment Management has sold a total of more than 1.4 million Coinbase shares, or 0.6% of the exchange-traded fund’s (ETF) total assets. Based on the selling day’s closing price, the value of the sold shares amounted to slightly more than $75 million.

Continue reading

No stablecoin bill in the U.S. until September

Lawmakers in the United States House of Representatives have reportedly pushed back the timeline for considering a bill addressing the potential risks of stablecoins. According to a report from the Wall Street Journal, people familiar with the matter said House members will likely delay voting on a stablecoin bill until September after being unable to complete a draft in time for a committee meeting. The unresolved issues in the bill reportedly included provisions on custodial wallets from the Treasury Department and concerns from the SEC.

Continue reading

IMF suggests dark clouds ahead for crypto

The IMF’s July update on the World Economic Outlook titled “Gloomy and More Uncertain” points to “higher-than-expected inflation” and a contraction of global output as indicators of incoming poor economic growth. And, unfortunately for the crypto industry, in that sense, it is still heavily tied to the global financial market — the report cites the crypto bear market as one of the global macro factors. 

Continue reading

Read Entire Article
Tags: CointelegraphCryptocurrencyInvestmentMining Bitcoin
Share76Tweet47

Related Posts

Bitcoin Can Save California’s Largest Pension Fund From Its Existential Problems

Bitcoin Can Save California’s Largest Pension Fund From Its Existential Problems

by Jon Hartney
June 8, 2023
0

California’s largest pension fund has significant unfunded liabilities Operators owe it to the workforce to explore how Bitcoin can

SEC’s crypto actions surged 183% in 6 months after the FTX collapse

SEC’s crypto actions surged 183% in 6 months after the FTX collapse

by Jon Hartney
June 8, 2023
0

The regulator stepped up enforcement actions in the crypto space following the revelations that took place around FTX

SEC is killing innovation in the United States — 1inch co-founder

SEC is killing innovation in the United States — 1inch co-founder

by Jon Hartney
June 8, 2023
0

US-based Web3 companies and cryptocurrency exchanges could be pushed offshore following enforcement actions against

NFT platform Enjin forks Polkadot parachain Efinity to new mainnet

NFT platform Enjin forks Polkadot parachain Efinity to new mainnet

by Jon Hartney
June 8, 2023
0

Enjin chief technology officer Witek Radomski said the new blockchain aims to promote creativity by facilitating the

Polygon Labs president testifies on democratizing the internet with Web3, blockchains

Polygon Labs president testifies on democratizing the internet with Web3, blockchains

by Jon Hartney
June 8, 2023
0

The US House Committee explores blockchain and Web3’s future as industry leaders testify on democratizing the

Load More
  • Trending
  • Comments
  • Latest
NEXO risks 50% drop due to regulatory pressure and investor concerns

NEXO risks 50% drop due to regulatory pressure and investor concerns

September 30, 2022
51% of Ethereum blocks are now compliant with OFAC standards, raising censorship concerns

51% of Ethereum blocks are now compliant with OFAC standards, raising censorship concerns

October 14, 2022
All aboard! Elon Musk’s Vegas Loop now taking Dogecoin payments

All aboard! Elon Musk’s Vegas Loop now taking Dogecoin payments

July 7, 2022
Zero-knowledge KYC could solve the privacy vs compliance conundrum: VC partner

Zero-knowledge KYC could solve the privacy vs compliance conundrum: VC partner

October 11, 2022
All aboard! Elon Musk’s Vegas Loop now taking Dogecoin payments

All aboard! Elon Musk’s Vegas Loop now taking Dogecoin payments

0
Crypto owners banned from working on US Government crypto policies

Crypto owners banned from working on US Government crypto policies

0
Korean startup Uprise lost $20M shorting LUNC

Korean startup Uprise lost $20M shorting LUNC

0
Ethereum testnet Merge mostly successful — ‘Hiccups will not delay the Merge.’

Ethereum testnet Merge mostly successful — ‘Hiccups will not delay the Merge.’

0
Bitcoin Can Save California’s Largest Pension Fund From Its Existential Problems

Bitcoin Can Save California’s Largest Pension Fund From Its Existential Problems

June 8, 2023
SEC’s crypto actions surged 183% in 6 months after the FTX collapse

SEC’s crypto actions surged 183% in 6 months after the FTX collapse

June 8, 2023
SEC is killing innovation in the United States — 1inch co-founder

SEC is killing innovation in the United States — 1inch co-founder

June 8, 2023
NFT platform Enjin forks Polkadot parachain Efinity to new mainnet

NFT platform Enjin forks Polkadot parachain Efinity to new mainnet

June 8, 2023

XBT.Market

This website is an automated news feed powered by the Nebulome cloud system. The site is made possible by YYC TECH Consulting and Alberta Digital Mining Company. As a team with major crypto and bitcoin enthusiasm, we have curated major sources of news, trading and financial data to bring you, our viewer, an unbiased source of truth.

Recent Posts

  • Bitcoin Can Save California’s Largest Pension Fund From Its Existential Problems June 8, 2023
  • SEC’s crypto actions surged 183% in 6 months after the FTX collapse June 8, 2023
  • SEC is killing innovation in the United States — 1inch co-founder June 8, 2023
  • NFT platform Enjin forks Polkadot parachain Efinity to new mainnet June 8, 2023
  • Polygon Labs president testifies on democratizing the internet with Web3, blockchains June 8, 2023

News Categories

  • Bitcoin
  • Blockchain
  • Business
  • Market

Tags

bitcoinMagzine Cointelegraph Cryptocurrency insidebitcoins Investment Mining Bitcoin NewsBTC

Quicklinks

  • Home
  • Coins MarketCap
  • Crypto Exchanges
  • Crypto Calculator
  • Top Gainers and Loser
  • News
  • Contact Us

© 2022 Xbt.Market - Powered by YYC Tech Consulting & ADMCO.

No Result
View All Result
  • Home
  • Coins MarketCap
  • Crypto Exchanges
  • Crypto Calculator
  • Top Gainers and Loser
  • News
  • Contact Us

© 2022 Xbt.Market by Nebulome.

  • bitcoinBitcoin(BTC)$26,429.00-1.43%
  • ethereumEthereum(ETH)$1,844.20-1.05%
  • USDEXUSDEX(USDEX)$1.07-0.53%
  • tetherTether(USDT)$1.000.09%
  • binancecoinBNB(BNB)$264.77-3.04%
  • usd-coinUSD Coin(USDC)$1.000.23%
  • rippleXRP(XRP)$0.52-2.14%
  • staked-etherLido Staked Ether(STETH)$1,841.95-1.13%
  • cardanoCardano(ADA)$0.327084-3.19%
  • dogecoinDogecoin(DOGE)$0.0680710.01%
  • solanaSolana(SOL)$18.77-5.54%
  • matic-networkPolygon(MATIC)$0.78-1.96%
  • tronTRON(TRX)$0.0774240.22%
  • litecoinLitecoin(LTC)$87.99-2.39%
  • polkadotPolkadot(DOT)$5.01-2.17%
  • binance-usdBinance USD(BUSD)$1.00-0.02%
  • avalanche-2Avalanche(AVAX)$13.92-3.45%
  • shiba-inuShiba Inu(SHIB)$0.000008-0.55%
  • daiDai(DAI)$1.000.19%
  • wrapped-bitcoinWrapped Bitcoin(WBTC)$26,520.00-1.13%
  • uniswapUniswap(UNI)$4.63-1.46%
  • leo-tokenLEO Token(LEO)$3.520.01%
  • chainlinkChainlink(LINK)$5.99-1.51%
  • cosmosCosmos Hub(ATOM)$9.57-3.64%
  • okbOKB(OKB)$44.50-1.65%
  • moneroMonero(XMR)$144.14-0.98%
  • Aerarium FiAerarium Fi(AERA)$7.14-13.11%
  • ToncoinToncoin(TON)$1.65-0.28%
  • ethereum-classicEthereum Classic(ETC)$17.00-1.06%
  • stellarStellar(XLM)$0.087210-1.61%
  • bitcoin-cashBitcoin Cash(BCH)$111.92-0.34%
  • true-usdTrueUSD(TUSD)$1.00-0.14%
  • lido-daoLido DAO(LDO)$2.18-8.12%
  • internet-computerInternet Computer(ICP)$4.17-3.46%
  • filecoinFilecoin(FIL)$4.12-4.18%
  • quant-networkQuant(QNT)$111.52-3.98%
  • crypto-com-chainCronos(CRO)$0.059480-0.46%
  • AptosAptos(APT)$7.73-3.27%
  • hedera-hashgraphHedera(HBAR)$0.048416-1.75%
  • GGTKNGGTKN(GGTKN)$0.1121180.75%
  • ArbitrumArbitrum(ARB)$1.13-2.59%
  • vechainVeChain(VET)$0.017832-3.54%
  • nearNEAR Protocol(NEAR)$1.42-3.47%
  • apecoinApeCoin(APE)$2.90-2.36%
  • the-graphThe Graph(GRT)$0.114252-1.24%
  • paxos-standardPax Dollar(USDP)$1.000.08%
  • fraxFrax(FRAX)$1.000.16%
  • EdgecoinEdgecoin(EDGT)$1.00-0.03%
  • eosEOS(EOS)$0.891.08%
  • rocket-poolRocket Pool(RPL)$47.38-1.77%
  • the-sandboxThe Sandbox(SAND)$0.487995-4.34%
  • blockstackStacks(STX)$0.652.35%
  • algorandAlgorand(ALGO)$0.124308-6.54%
  • elrond-erd-2MultiversX(EGLD)$34.96-3.04%
  • optimismOptimism(OP)$1.38-2.18%
  • Rocket Pool ETHRocket Pool ETH(RETH)$1,979.82-1.08%
  • aaveAave(AAVE)$59.71-2.19%
  • fantomFantom(FTM)$0.292750-2.14%
  • render-tokenRender(RNDR)$2.23-3.72%
  • tezosTezos(XTZ)$0.84-3.53%
  • decentralandDecentraland(MANA)$0.418000-5.23%
  • theta-tokenTheta Network(THETA)$0.76-2.14%
  • usddUSDD(USDD)$1.000.13%
  • axie-infinityAxie Infinity(AXS)$6.24-4.72%
  • immutable-xImmutableX(IMX)$0.72-0.13%
  • BitDAOBitDAO(BIT)$0.482340-1.83%
  • WhiteBIT TokenWhiteBIT Token(WBT)$4.830.35%
  • radixRadix(XRD)$0.0670440.24%
  • havvenSynthetix Network(SNX)$2.13-3.77%
  • Bitget TokenBitget Token(BGB)$0.4826661.20%
  • kucoin-sharesKuCoin(KCS)$6.84-2.93%
  • flowFlow(FLOW)$0.63-3.30%
  • neoNEO(NEO)$9.01-2.91%
  • galaGALA(GALA)$0.026046-2.09%
  • CloutContractsCloutContracts(CCS)$52.461,000.00%
  • curve-dao-tokenCurve DAO(CRV)$0.76-2.15%
  • bitcoin-cash-svBitcoin SV(BSV)$30.40-0.71%
  • terra-lunaTerra Luna Classic(LUNC)$0.0000980.54%
  • gemini-dollarGemini Dollar(GUSD)$1.000.24%
  • makerMaker(MKR)$629.02-0.03%
  • gatechain-tokenGate(GT)$4.06-1.74%
  • injective-protocolInjective(INJ)$6.94-2.85%
  • kavaKava(KAVA)$0.99-12.62%
  • klay-tokenKlaytn(KLAY)$0.164802-7.09%
  • marumaruNFTmarumaruNFT(MARU)$0.24991121.40%
  • bittorrentBitTorrent(BTT)$0.0000010.92%
  • iotaIOTA(MIOTA)$0.180208-1.57%
  • pax-goldPAX Gold(PAXG)$1,919.23-0.61%
  • Tokenize XchangeTokenize Xchange(TKX)$6.14-3.08%
  • casper-networkCasper Network(CSPR)$0.0442250.23%
  • compound-ethercETH(CETH)$37.04-1.19%
  • conflux-tokenConflux(CFX)$0.228796-4.89%
  • tether-goldTether Gold(XAUT)$1,946.76-0.64%
  • xdce-crowd-saleXDC Network(XDC)$0.0345752.91%
  • chilizChiliz(CHZ)$0.087707-4.17%
  • huobi-tokenHuobi(HT)$2.85-0.77%
  • binaryxBinaryX(BNX)$165.90-5.97%
  • PepePepe(PEPE)$0.000001-4.02%
  • gmxGMX(GMX)$51.24-2.89%
  • mina-protocolMina Protocol(MINA)$0.492513-2.02%