Cryptocurrency Analysis and News Portal
Guest post by Giovanni Populo The SEC has charged two major cryptocurrency exchanges: Binance and Coinbase. A common charge between both exchanges is that they offered unregistered
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Binance, Binance.US, and the Securities and Exchange Commission (SEC) reportedly revealed an agreement, late Friday, June 16, temporarily limiting access to customer funds exclusively to Binance.US employees.According to reports, the proposed agreement, pending approval from the overseeing federal judge, outlines measures for Binance.US to prevent any access by Binance Holdings
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A U.S. federal judge on Tuesday rejected SEC's request to order a freeze on Binance.US' assets – provided the parties could agree on limits. Source
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The European Union signed the Markets in Crypto-Assets (MiCA) regulations into law on May 31, making way for the landmark regulatory guidance on crypto assets and service providers to come into effect.First drafted in 2020, the EU’s regulatory package will govern the issuance and scope of services related to the
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Binance.US and the United States Securities and Exchange Commission (SEC) have agreed to work on an arrangement that will allow the exchange to avoid freezing all of its assets.On June 14, Bloomberg reported U.S. District Judge Amy Berman Jackson referred the two organizations to a magistrate judge to work towards
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If the two sides can agree on limits, Judge Amy Berman Jackson, of the D.C. District Court, said “there’s absolutely no need” for a restraining order. In the meantime, the judge ordered Binance.US to provide a list of its business expenses to the court, and ordered the parties to continue
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Real-world asset (RWA) protocols have become a hot trend within decentralized finance (DeFi) circles.An RWA protocol is a decentralized application that allows entities to tokenize and trade real-world assets. These assets range from stocks and government bonds to real estate and commodities. They are also known as asset tokenization protocols.DeFi
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied The path to standardizing and upgrading cryptocurrency regulation across the globe has seen progress in recent years, as detailed in the recent panel discussion “Crypto Regulation in Europe: The Tipping Point” held during the Money20/20 event
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Bitcoin (BTC) hitting three-month lows did not spur hodlers to panic sell, on-chain data shows.According to analytics firm Glassnode, BTC investors have largely ignored the latest crypto exchange legal battles.On-chain losses “remain quiet”BTC/USD dipped to just $25,350 on June 6, its lowest since mid-March — but it seems existing holders
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Cryptocurrency, having made its presence felt globally as an investment asset, is no longer unfamiliar to the IRS. The tax rules concerning cryptocurrency, however, remain somewhat convoluted. According to the IRS, crypto may be subject to either income taxes or capital gains taxes, depending on its usage.Cryptocurrency is not taxed
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