Following dYdX's exit from Canada just five days ago, Paxos is reportedly also planning to end its operations in the country next month.
The G7 discussions will focus on aiding developing countries with central bank digital currency (CBDC) adoption, regulating crypto assets, addressing debt vulnerabilities of middle-income countries, and mitigating challenges posed by digital innovation, such as cyber-security, misinformation, and financial market destabilization.
Binance.US has announced the removal of TRON and Spell tokens from its trading platform as part of a periodic assessment. The value of both tokens fell after the announcement, with delisting set to take place on April 18. Justin Sun, founder of TRON, claimed that the impact of the decision would be relatively small. Regulatory pressures have led to a series of similar delistings in recent months.
Binance CEO Changpeng Zhao, also known as CZ, will speak at the 2023 Hong Kong Web3 Carnival, an event for discussing developments in blockchain technology. He will be the final speaker on the first day and talk about "CeFi From Now On." CZ founded Binance in 2017, growing it into a multibillion-dollar company with over 10 million clients worldwide. The event is an opportunity for information exchange and commercial cooperation in the blockchain industry.
The US SEC has emerged victorious in multiple legal battles against companies operating in the crypto space, as it now turns its attention towards Ripple and its executives.
FTX, led by CEO John J. Ray III, has issued its initial report that highlights the errors and deficiencies of FTX's prior management helmed by Sam Bankman-Fried.
The dependence of XRP investors on Ripple's legal actions to win the SEC lawsuit was stressed by Bill Morgan.
Binance's latest developments suggest that its US-based affiliate is currently facing challenges in securing an appropriate banking partner.
The bank auditors and underwriters of Silicon Valley Bank have been targeted in a complaint filed in the San Francisco Federal court.
Attorney Jeremy Hogan raised the possibility of a split decision by the Judge in the XRP lawsuit.
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