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” France on the verge of passing stringent crypto firm licensing laws “ The French National Assembly has voted in favor of legislating stricter licensing rules for new cryptocurrency firms in order to harmonize local laws with proposed European Union (EU) standards. The vote was passed with 109 votes (60.5%) in favor to 71 (39.5%)…
” CZ responds to concerns, and Solana goes down again — Watch The Market Report live “ This week on The Market Report, the resident experts at Cointelegraph discuss the recent fear, uncertainty and doubt (FUD) around the popular cryptocurrency exchange Binance and what the CEO of Solana had to say about recent outages. We…
” Crypto industry lobbying expenses rose by 120% in 2022 in the US “ Crypto industry has been raising its lobbying efforts amid the crypto winter that began last year. In 2022, the market participants spent $25.57 million on lobbying in the United States. This number appears in a study, published by the Money Mongers…
” Binance CEO responds to Forbes claims: ‘They don’t know how an exchange works’ “ In the aftermath of the FTX collapse, Forbes published a article focused on the recent “shuffling” of funds by the cryptocurrency exchange Binance. However, the following day on Feb. 28, Binance co-founder and CEO Changpeng “CZ” Zhao took to Twitter to respond….
” Coinbase announces suspension of BUSD trading beginning March 13 “ Coinbase will suspend trading for the Binance USD (BUSD) stablecoin on March 13, the exchange announced on Feb. 27 on Twitter. The message mentioned its “listing standards” as being behind the decision. BUSD is the third-largest stablecoin by market capitalization. The decision will apply to…
” Texas objects to Voyager-Binance.US deal, court filing shows “ Texas’ State Securities Board and the Department of Banking are objecting to a proposed deal between Binance.US and bankrupted crypto lender Voyager Digital, shows a court filing from Feb. 24. According to the document, Binance.US’s terms of service and restructuring plan contain a number of “inadequate”…
” Aussie regulators review Binance Australia Derivatives over account closures “ Binance Australia Derivatives sent an abrupt message to a select group of users on Feb. 23, saying it would be immediately closing their accounts due to a false classification of some users as “wholesale clients.” This incident caused a flurry of responses from users…
” Binance Australia Derivatives reportedly closes accounts and positions for some users “ Binance Australia Derivatives users reported abrupt notifications sent by the digital asset platform on Feb. 23, saying it is starting to close certain derivatives positions and accounts. According to screenshots posted by various users on Twitter, users who did not meet the requirements…
” SEC files objection to Binance.US bid for Voyager assets “ The United States Securities and Exchange Commission (SEC) has objected to Binance.US’ move to acquire over $1 billion of assets belonging to the defunct cryptocurrency lending firm Voyager Digital. According to a Feb. 22 filing submitted to the U.S. Bankruptcy Court for the Southern…
” France pilots in-store crypto payments as Binance partners with Ingenico “ Mainstream crypto and crypto-based services adoption continues, with more companies bridging traditional financial (TradFi) solutions with decentralized financial (DeFi) solutions. In an announcement on Feb. 22, a new pilot program launched between the crypto exchange, Binance and credit card service company Ingenico, allows…