Gemini Co-Founder Predicts That The East Will Be The Starting Point For The Next Crypto Bull Run
The next bitcoin bull run will come from the East, according to Cameron Winklevoss, co-founder of the US-based cryptocurrency exchange Gemini.
Unauthorized Crypto Firms Warned By FCA
FCA (Financial Conduct Authority) is the regulatory body in the UK responsible for overseeing financial markets and ensuring that financial institutions and firms operate in a fair and transparent manner. In recent years, the FCA has warned consumers about the risks of investing in cryptocurrencies, citing concerns over their volatility and lack of regulation.
Binance US Repudiates Claims About Illegitimate Digital Currency Exchanges
Binance US, a cryptocurrency trading platform linked with global exchange Binance, has denied accusations that it is similar to fraudulent and insolvent cryptocurrency exchanges. Binance US stressed that the two are distinct organizations with independent management teams.
Tighter Controls Put in Place for Crypto Exchanges and Margin Trading in Canada
The Canadian Securities Administrators (CSA) will introduce a coordinated supervision framework for cryptocurrency transactions later this month. All bitcoin trading platforms seeking registration will be required to sign undertakings that agree to investor safeguards under the new guidelines.
FTX Japan Restarts Withdrawals Of Client Funds
FTX Japan, the Japanese division of FTX.com, has begun the process of moving customer funds out of its collapsed platform. The move comes after the company launched beta testing for a balance transfer process for a randomly selected group of customer accounts.
Binance Anticipates Fines From US Regulators In Order To Settle Investigations
Binance, the world's biggest cryptocurrency exchange, has said that it plans to pay monetary penalties to resolve investigations into its operations in the United States.
SEC Rule Change May Put Pressure on Crypto Platforms
The US Securities and Exchange Commission (SEC) has proposed new rules to regulate the custody of cryptocurrencies by investment advisers such as hedge funds and pension funds.
BUSD Security Classification Could Deal a Major Blow to Crypto Industry, Binance CEO Cautions
The CEO of Binance, Changpeng Zhao (CZ), has cautioned that there could be “profound impacts” on the cryptocurrency industry if Binance USD (BUSD), a stablecoin issued by Paxos, is ruled to be a security by the US Securities and Exchange Commission (SEC).
FCA Cracks Down On Unregistered Crypto ATM Operators In Leeds
The Financial Conduct Authority (FCA) has taken action against unregistered cryptocurrency ATM operators in Leeds, utilizing its authority to access and examine multiple facilities suspected of housing unlawfully run cryptocurrency ATMs.
Sam Bankman-Fried, Family, Former Executives Receive Subpoenas
FTX has issued subpoenas to Sam Bankman-Fried, the former CEO of FTX, as well as his family and previous executives of both FTX and Alameda, requesting them to provide documents this week.
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