Thursday, April 3, 2025
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Binance USD Suspension and Custodia Rejection Raise Concerns Over Future of Crypto Banking

Without Custodia in this mix of bank-related crypto news, I’m not sure this piece of the news cycle would have anything worth paying close attention to for long. A lot of crypto is predicated on trading, gambling and “number-go-up technology” butting up against nebulous financial securities laws – so skittishness

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Japanese Regulator Slaps FTX Japan With Business Suspension Order – Regulation Bitcoin News

Japan’s top financial regulator, the Financial Services Agency (FSA), has issued a business suspension order to FTX Japan, the Japanese subsidiary of FTX.com. The financial watchdog has also ordered the crypto exchange to submit a business improvement plan by Nov. 16. Japanese Regulator Takes Action Against FTX Japan Japan’s Financial Services Agency

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Skybridge announces suspension of withdrawals from of its one crypto-exposed funds

Skybridge Capital has suspended withdrawals from its Legion Strategies fund – one of the firm’s funds with crypto exposure. Founder Anthony Scaramucci confirmed the move July 19 in an interview on CNBC, after Bloomberg reported it a day earlier citing anonymous sources. “Our board made the decision to temporarily suspend until

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Binance Announces New Payments Partner Amid Fiat Deposit and Withdrawal Suspension in Brazil – Exchanges Bitcoin News

Binance has chosen a new payments partner amid the suspension of direct fiat deposits and withdrawals in Brazil. The company stated it will now work with Latam Gateway, a payments processing company that has been in the payments intermediation business since 2019. Binance reported it would be working to normalize

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Texas securities regulator investigates Celsius over withdrawal suspension: Report

The Texas State Securities Board has reportedly opened an investigation into crypto lending platform Celsius Network over its decision to suspend user withdrawals.According to a Thursday report from Reuters, Texas State Securities Board director of enforcement division Joseph Rotunda said the regulator began investigating Celsius on Monday shortly after the

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Binance Shuts Down Derivatives Trading in Hong Kong Following Similar Suspension in Europe

Binance has expanded its crypto derivatives shutdown net to include Hong Kong, after stopping trading in Germany, Italy, and the Netherlands.On Friday, Binance Holdings Ltd said new users in Hong Kong will no longer be able to trade derivatives products. Also, existing users of the platform will have 90 days

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