Nasdaq Halts Plan for Crypto Custody Service Due to U.S. Regulatory Conditions
The stock market operator had said in March, that it was putting together infrastructure and regulatory approval for the custodian service. Original Source
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Regulatory
Coinbase’s regulatory woes in US far from over, analysts opine
Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Berenberg Capital analysts opine that Coinbase still faces significant regulatory challenges in the United States despite Ripple’s recent legal victory. They argue that Coinbase’s suspending its staking service in four states could send negative signals to regulators,
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US regulatory clarity has begun in court after Ripple win: CFTC commissioner
Caroline Pham, the Commodities Futures Trading Commission (CFTC) Commissioner, believes the path to United States crypto regulatory clarity has been laid out following Ripple’s partial victory.Speaking on Bloomberg TV on July 17, Commissioner Pham said recent big court decisions regarding the classification of crypto assets will eventually lead to regulatory
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FSB finally publishes global regulatory framework for crypto activities
Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied The Financial Stability Board (FSB) has completed its global regulatory framework for crypto asset activities, aiming to enhance the consistency and comprehensiveness of regulatory and supervisory practices on an international scale. Built on the principle of
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Bitcoin price falls under $30K as macro and regulatory worries take center stage
Multiple pieces of data point to the Bitcoin price falling below $29,000 in the short term. Yes, you read that right. Let’s investigate the main issues contributing to the current downside in the Bitcoin price.Bitcoin (BTC) encountered difficulties breaking above $31,800 on July 13, resulting in a 6.3% correction down to
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Ripple's XRP Ruling Does Nothing for Regulatory Clarity
Ripple's XRP Ruling Does Nothing for Regulatory Clarity Source
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Euro stablecoin market set to take off, thanks to real-world uses, regulatory clarity: Circle exec
The future is bright for euro-denominated stablecoins, according to Patrick Hansen, European Union strategy and policy director at Circle. The United States dollar may preserve its “first mover” advantage, but euro stablecoin will see increasing real world use cases emerge to lift it above its current meager market share,
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Binance lays off over 1,000 employees amid regulatory hurdle
Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Binance is reportedly laying off over 1,000 employees as part of a restructuring effort that could result in a reduction of more than a third. Wall Street Journal shared an insight on June 14. According to an
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SEC accepts BlackRock’s Bitcoin ETF application, signaling regulatory review
The United States Securities and Exchange Commission (SEC) has accepted https://www.sec.gov/rules/sro/nasdaq.htm application for a spot Bitcoin (BTC) exchange-traded fund (ETF) following its acknowledgment of a similar application by Bitwise the day before.The SEC’s acknowledgment indicates the commencement of the official review process for BlackRock's ETF proposal. While it is an
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BNB’s soaring futures open interest and regulatory woes weigh on the altcoin’s price
The price of BNB token has experienced a 24.5% decline over the past 90 days, despite a 7% gain between July 10 and July 11. BNB has performed worse than the overall altcoin market, indicating that the underlying cause for the bearish momentum persists.It is highly likely that the correction
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