Cryptocoins News / CoinJournal - 2 years ago
Marcus Sotiriou, a market analyst at UK-listed digital asset firm GlobalBlock, says the SEC is just starting in its crackdown on crypto. The analyst said this in a note to clients on Monday following regulatory moves against crypto firm Paxos and th...
Cryptocoins News / CoinStats - 2 years ago
Bitcoin is the first and most popular cryptocurrency in terms of market capitalization and user base. Created in 2009, the flagship cryptocurrency has seen a meteoric rise from 2010 when the price for one token rose from fractions of a dollar to $0....
Cryptocoins News / The Cointelegraph - 2 years ago
As Hong Kong has been opening up to crypto, major financial institutions such as DBS Group are targeting new crypto services in the Chinese territory. Singapore state...
Cryptocoins News / CoinJournal - 2 years ago
Bitcoin was 26X more volatile on a weekly basis than the euro in 2022, up from 19X in 2021 and 16X in 2020 Key Takeaways & & There is a perception that Bitcoin’s volatility is coming down, however the data fails to back this up Bitco...
Cryptocoins News / EthereumWorldNews - 2 years ago
Summary: Paxos will wind down its relationship with Binance for the BUSD stablecoin.BUSD redemptions will continue till at least February 2024 but no new tokens will be minted following an order from the New York Department of Financial Services...
Cryptocoins News / Finance Magnates - 2 years ago
<p>Twelve hours after The Wall Street Journal (WSJ) reported that cryptocurrency firm Paxos is facing a Securities and Exchange Commission (<a href="https://www.financemagnates.com/tag/sec/" target="_blank" rel="foll...
Cryptocoins News / CoinJournal - 2 years ago
Paxos has also halted the minting of new BUSD tokens as ordered. Existing BUSD will however remain fully-backed and redeemable via Paxos until at least February 2024 Binance CEO says exchange will continue to support BUSD& Paxos, the blockchai...
Cryptocoins News / CoinJournal - 2 years ago
Binance Coin has made a strong bearish breakout in the past few hours. Paxos was ordered by US regulators to stop minting BUSD. Binance has seen significant outflows in the past 7 days. Binance Coin (BNB) price pulled back on Monday, becoming...
Cryptocoins News / Finance Magnates - 2 years ago
<p>Eddy Alexandre, the mastermind behind the fraudulent <a href="https://www.financemagnates.com/terms/f/forex/" class="terms__secondary-term" id="6faa6714-7f7b-4d23-b1c5-c0d40807d613" target="_blank"&...
Cryptocoins News / The Cointelegraph - 2 years ago
All existing BUSD tokens will remain fully backed and redeemable through Paxos Trust Company until at least February 2024, Paxos said. Blockchain infrastructure platfo...
Cryptocoins News / The Cointelegraph - 2 years ago
Binance CEO Changpeng “CZ” Zhao says the exchange will continue to support BUSD despite issuer Paxos being ordered to stop minting the stablecoin by the U.S. SEC and New York regulators....
Cryptocoins News / The Cointelegraph - 2 years ago
Members of the community were confused and argued that people buying the stablecoin were not expecting it to go up in value. Paxos Trust Company-issued stablecoin Bina...
Cryptocoins News / EthereumWorldNews - 2 years ago
Summary: Paxos was ordered to stop minting Binance USD (BUSD) by the New York Department of Financial Services.The order coincided with the SEC’s plans to sue Paxos for selling unregistered securities in BUSD.CEO of the crypto exchange, Ch...
Cryptocoins News / CoinJournal - 2 years ago
The NYDFS has ordered Paxos Trust Co. to stop issuing BUSD stablecoin. This comes after the SEC issued Paxos with a wells notice on the same. The SEC alleges Binance USD is an unregistered security. Just hours after the US Securities and Exchange C...
Cryptocoins News / Blockchain - 2 years ago
Binance's zk-SNARKs update improves proof-of-reserves verification security and transparency. (Read More)
Cryptocoins News / Blockchain - 2 years ago
Former FTX CEO Sam Bankman-Fried was supposed to appear before the House Financial Services Committee in December. Lawmakers are questioning his arrest. (Read More)
Cryptocoins News / Blockchain - 2 years ago
Two Secret Network-promoting groups argued publicly before the vote. (Read More)
Cryptocoins News / Blockchain - 2 years ago
JPMorgan Chase and Oliver Wyman produced a deposit token study for blockchain-based commercial banking. (Read More)
Cryptocoins News / Blockchain - 2 years ago
Tether has recruited a Wall Street company to handle its Treasury holdings. (Read More)
Cryptocoins News / Blockchain - 2 years ago
FTX Digital's liquidators bought 52 homes, $2.4 million in cars, and 13 storage facilities, according to an affidavit. (Read More)
Cryptocoins News / Blockchain - 2 years ago
Despite the objections, Yuga Labs expects the 10 trademark applications to be approved. (Read More)
Cryptocoins News / Blockchain - 2 years ago
The obligation will gather "information on the revenue of digital miners and digital mining pools for tax purposes" starting Jan. 1, 2024. (Read More)
Cryptocoins News / Blockchain - 2 years ago
SIWE allows Shopify users to sign in using Ethereum addresses without revealing private information. (Read More)
Cryptocoins News / Blockchain - 2 years ago
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Cryptocoins News / The Cointelegraph - 2 years ago
Huobi has announced the impending closure of its Huobi Cloud Wallet service, citing strategic adjustments for the move. Cryptocurrency exchange Huobi has announced tha...
