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Binance US taps ‘most feared man on Wall Street’ for new investigations unit

United States crypto exchange Binance US has created a new “investigations unit” and tapped a former FBI special agent as its new head, with the aim of seeking out and stopping illegal activity on its platform. The “investigations unit” is a brand new unit within the U.S. crypto exchange, the

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New Crypto Exchange Aims to Bring What Old Crypto Hates: Wall Street Intermediaries

Jamil Nazarali, CEO of crypto exchange EDX Markets, told CoinDesk TV’s “First Mover” on Tuesday that his exchange is bringing “the best practices from traditional finance” into the world of crypto, claiming it will make digital asset trading “safer, faster [and] more efficient” while driving down costs. Original Source

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Wall Street mainstays setting up digital assets exchange with on-chain settlement

Major financial firms have teamed up to create EDX Markets (EDXM), a new exchange that will trade digital assets through trusted intermediaries. The exchange will provide services to institutional and retail investors. The new exchange will be backed by Charles Schwab, Citadel Securities, Fidelity Digital Assets, Paradigm, Sequoia Capital and Virtu

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Schwab, Citadel Securities, Fidelity, Other Wall Street Firms Start Crypto Exchange EDX Markets

"Crypto is a $1 trillion global asset class with over 300 million participants and pent-up demand from millions more," EDX Markets' board of directors said in a statement. "Unlocking this demand requires a platform that can meet the needs of both retail traders and institutional investors with high compliance and

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Hawkish Fed Chatter Has Wall Street Betting on Big Rate Hike, Crypto Traders Shorting Bitcoin

Bitcoin (BTC) has struggled to stay above the crucial psychological threshold of $20,000 this week. The largest cryptocurrency has faced pressure – along with other risky assets including stocks – from hawkish chatter by monetary officials. On Tuesday, bitcoin dropped to as low as $18,559, which was its lowest price

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Tether responds to Wall Street Journal ‘disinformation’

Tether Holdings Limited has clapped back at The Wall Street Journal over an article it claims spread “false information” about the stablecoin issuer’s profitability, solvency and accounting standards. In a Monday article, the Journal claimed that Tether could be deemed “technically insolvent” if its assets fell just 0.3%. That conclusion was

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