Cryptos, secondary BNB sales not securities: Federal court rules in Binance vs SEC case

Binance said the SEC hasn’t demonstrated that the resolutions reached with the DOJ are pertinent to the regulator’s “faulty claims” against Binance Holdings and former CEO Changpeng Zhao. Binance Holdings and its former CEO, Changpeng Zhao, have reacted to a move by the United States Securities and Exchange Commission (SEC) to include Binance’s admission of

Venezuela has been living with hyperinflation since at least 2014. Its national currency — the Venezuelan bolívar — hit an official inflation rate of 57.3 percent in February 2014, while independent currency analysts were reporting that, by that September, the real inflation rate had already topped 100 percent. In other words, the bolívar (VEF) was…

The Reserve Bank of India is getting ready to launch its own central bank digital currency. 1889 Total views 9 Total shares Indian authorities continue to express support for a government-backed digital currency to replace privately-issued cryptocurrencies.According to Bloomberg, RBI governor Shaktikanta Das has expressed the central bank’s determination to create a digital rupee. According…

The disgraced crypto executive frequently praised the need for crypto regulation in public. 383 Total views 54 Total shares Despite publicly supporting drafting crypto regulation to protect customers, disgraced crypto exchange FTX founder Sam “SBF” Bankman-Fried appears to have shared a deep disdain for regulators.During SBF’s ongoing criminal trial, Assistant U.S. Prosecutor Danielle Sassoon inquired if

The superintendent of the New York Department of Financial Services highlighted her state’s stringent standards as the blueprint for federal legislation. 297 Total views 28 Total shares The superintendent of the New York Department of Financial Services (DFS) joined a nationwide regulatory discussion in the aftermath of the FTX collapse with a fresh take. Adrienne…

The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph. Every investment and trading move involves risk, you should conduct your own research when making a decision.Market data is provided by the HitBTC exchange.Bitcoin witnessed a flash crash on Bitstamp exchange when it plunged…

The U.K.’s Financial Conduct Authority (FCA) has said that crypto investment scams are increasingly targeting British investors, in an official warning published August 17. The watchdog warns that fraudsters often use celebrity images, slick websites or “prestigious” City of London addresses as a smokescreen through which to lure prospective investors. It adds: “Scam firms can…

The price of Bitcoin (BTC) dropped to as low as $15,670 on Binance on Nov. 15. The highly volatile drop came hours after BTC reached $16,355, demonstrating strong momentum. Three key factors likely caused the overnight drop in the price of Bitcoin. The three potential factors are a weekend shakeout, the daily moving average (MA) retest,…