Monday, May 27, 2024
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What’s next for Binance’s Changpeng “CZ” Zhao

A recent court filing suggests that Changpeng "CZ" Zhao's legal challenges are just beginning, despite pleading guilty to violating the United States Anti-Money Laundering requirements in a settlement with the Department of Justice. Zhao is expected to be sentenced in February 2024. He is currently challenging the government's efforts to prevent

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Binance’s Settlement With U.S. Authorities Is Positive for Crypto as Well as the Exchange: JPMorgan

This shift toward regulated crypto companies and products is positive as more regulation will help attract investors from traditional finance, the note said, adding that the involvement of large asset managers such as Blackrock (BLK) and Fidelity in the approval of spot bitcoin ETFs by the Securities and Exchange Commission

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House GOP whip Tom Emmer sees no need to rewrite laws for crypto following Binance’s settlement

The Minnesota Republican says current laws ‘are suitable to help weed out bad actors.’ Tom Emmer, the Minnesota Republican who has been crypto pro advocate for years, says there is no need for Capitol Hill to rewrite existing laws trying to clamp down on digital currencies as enforcement action is still

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Grayscales Files Updated Spot Bitcoin ETF Application with US SEC after Binance’s Forced Exit

Grayscale officials had previously met with the US SEC representatives to the division of trading and markets to discuss the proposed rule to list and trade GBTC under NYSE Arca. After the United States Department of Treasury purged Binance Holdings Ltd’s operations in the country, the pathway for spot Bitcoin exchange-traded

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Crypto Exchange Binance’s BTC Reserves Drop as Retail Flow Moves to Coinbase (COIN): CryptoQuant

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