MasterCard Axes Partnership With Binance Amid Regulatory Pressures
The crypto space is in pandemonium after MasterCard, a global payment service giant, announced the imminent termination of its services and alliance
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Pressures
Binance US collaborates with MoonPay amidst regulatory pressures
Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Binance.US has partnered with the payment startup to facilitate dollar transactions for its users. Facing mounting legal and regulatory challenges, Binance.US has sought a new alliance to address the ongoing monetary transaction issues that have plagued
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Ether Staking Ratio Nears Key Milestone as Inflows Slow Amid Regulatory Pressures
Investors committed nearly 20% of all ETH tokens to lock up in staking contracts, according to blockchain data. Source
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Hong Kong govt pressures banking giants to accept crypto clients: Report
The Hong Kong Monetary Authority (HKMA), which serves as the region's central bank and regulator, has reportedly put pressure on major banks including HSBC and Standard Chartered to accept crypto exchanges as clients.According to a June 15 report from the Financial Times, which cited three sources familiar with the matter,
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Bitcoin (BTC) Price Tanks Under $27,000 amid Rising US Regulatory Pressures
Amid the US regulatory crackdown and the fall of the crypto-friendly banks recently, the lack of liquidity has become a major issue currently in the market. The world’s largest cryptocurrency Bitcoin (BTC) continues to face more and more selling pressure as US regulatory crackdown mounts further. In the last 24
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Bitcoin ‘untouchable’ amid regulatory pressures, says analyst
Bitcoin (BTC) is "untouchable" despite ongoing regulatory pressures in the crypto sector and those who don't have some crypto exposure are "seriously silly" according to Bloomberg's senior commodity strategist Mike McGlone. During an April 3 stream with crypto podcaster Scott Melker, McGlone argued that unlike other cryptocurrencies such as Ether (ETH),
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Bitcoin Miner Argo Blockchain Raises $27M to Ease Liquidity Pressures, Shares Plunge 15%
In addition to issuing 87 million shares, which equates to around 15% of the business, Argo announced the sale of 3,400 Antminer S19 J Pro miners to a third party for a total of $7 million. The sale of mining equipment will cause a reduction in hash rate, Wall added. Source
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S&P Global downgrades Coinbase credit rating for weak Q2 earnings, competitive pressures
Major American cryptocurrency exchange Coinbase saw its long-term issuer credit rating downgraded from BB+ to BB status by rating agency S&P Global following its latest earnings report this year.The agency confirmed the downgrade in a note on Thursday, pointing toward Coinbase’s weaker performance in the second quarter of 2022 as
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US Senator Brown Pressures Apple, Google on Fake Crypto Investing Apps
U.S. Senator Sherrod Brown (D-Ohio), the chairman of the Senate Banking Committee, is demanding answers from Apple Inc. (AAPL) and Google parent Alphabet Inc. (GOOGL) about what they’re doing to prevent fraudulent crypto apps that he said have robbed investors of more than $42 million. Original Source
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First Mover Americas: Bitcoin Dumps Below $30K as Morgan Stanley Calls Out Liquidity Pressures
The latest moves in crypto markets in context for June and 7, 2022. Source
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