UK’s finance watchdog defends ‘too tough’ crypto stance

Binance is taking more measures to comply with China’s cryptocurrency crackdown with new restrictions in the mainland. 490 Total views 29 Total shares Binance crypto exchange officially announced on Wednesday that the company will delist the Chinese yuan (CNY) from its peer-to-peer trading platform on Dec. 31.Alongside terminating yuan trading pairs, Binance will continue further…

The potential behind the metaverse is becoming greater as virtual and physical worlds converge. Market intelligence firm Contrive Datum Insights recently found that the global metaverse market is estimated to surpass $1.3 trillion by 2030. According to the study, this growth will be driven by newly adopted virtual economy trends, combined with the rise of…

The stock and crypto trading app has added a further $460 million in the last closings of its new funding round. Retail traders have been flocking to trade stocks and cryptocurrencies on the popular app Robinhood — and it shows in the company’s latest Series G funding round.On Sept. 23, a spokeswoman for Robinhood Markets…

Attorney Patrick V. Kennedy files a motion to appear pro hac vice in the Coinbase vs. U.S. SEC lawsuit for the Chamber of Digital Commerce. 271 Total views 2 Total shares The crypto community, digital asset organizations and lawmakers have voiced their backing for the Coinbase vs. United States Securities Exchange Commission lawsuit's dismissal. In

In the first full trading week of June, U.S. Bitcoin ETFs acquired almost as much Bitcoin as they did in the entire month of May.

Lawyers argued the complaint was “based on a man in Wisconsin using an exchange in Singapore to purchase tokens issued by a Swiss entity.” 1111 Total views 21 Total shares The legal team for a crypto firm facing possible securities law violations is asking for the case to be dismissed on geographical grounds. According to court…

Japanese authorities are investigating the impact of Facebook’s Libra stablecoin, The New York Times reported on July 12.Per the report, Japanese authorities have set up a working group tasked with investigating the impact of Facebook’s stablecoin on monetary policy and financial stability. The working group will reportedly consist of the Bank of Japan, the Ministry…

Binance urged the WazirX team to take accountability for the hack, and compensate users for the loss of funds.