Crypto Industry Will Survive Regulatory Pressure – Blockstream CEO Adam Back

The last two weeks have been tough for the crypto industry in the US as the Securities and Exchange Commission (SEC) has sued Binance and Coinbase in a wave of regulatory crackdown. This ripple effect affects other countries as local regulators started to take a tough stand against crypto. As a result, strategists say the […]

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“I’d fire him” – Kevin O’Leary criticizes Coinbase CEO for fighting with SEC

The latest crypto regulation wave saw the United States Securities & Exchange Commission suing exchange Coinbase for illegal operations. As invezz. com reported, the trading firm’s CEO was ready for a court battle with the regulators.

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Binance's CZ: 'Thought had crossed my mind, but not a practical solution'

According to CZ, regulators weaponized FTX’s failure to target the crypto-industry Binance buying a crypto-friendly bank not a practical solution, he added Binance CEO Changpeng “CZ” ZThe post Binance's CZ: 'Thought had crossed my mind, but not a practical solution' appeared first on AMBCrypto.

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Huobi ordered to cease operations by Malaysian regulators

Crypto exchange Huobi was ordered to stop operating in Malaysia by the Securities Commission (SC) of the Asian country. The regulator issued a public reprimand to Huobi CEO Leon Li. In a May 22 press statement, Malaysia’s SC said Huobi operated in the country illegally because it failed to register as a digital asset exchange […] The post Huobi ordered to cease operations by Malaysian regulators appeared first on CryptoSlate.

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Binance calls it quits in Canada, blames new rules

Binance is the latest in a string of departures from CEO Changpeng Zhao’s home country; it promises to keep working with regulators.

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Brad Garlinghouse: “Don’t open cryptocurrency startups in the USA”

Ripple CEO Brad Garlinghouse advised cryptocurrency startups not to open a business in the United States in order not to be harassed by regulators. Speaking at the Dubai Fintech Week conference, Garlinghouse announced that he intends to expand Ripple’s activities in Dubai and promised that the next conference in November will be held there.

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Coinbase-SEC War Heats Up With CEO’s Public Criticism of Regulators

The war of words between Coinbase and the Securities and Exchange Commission is not cooling off. Coinbase's CEO criticized the SEC in a Monday interview but also offered hope that the legal battle may provide more clarity in the end.

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USDC’s market cap falls, CEO points to regulatory crackdown

Circle CEO Jeremy Allaire attributes the drastic drop in USDC's market capitalization to the United States regulators' intensified scrutiny of cryptocurrencies amid a turbulent financial landscape.

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Ava Labs CEO Calls for Crypto Regulators Who Can Read and Audit Code

Emin Gun Sirer, who also weighed in on zero-knowledge proofs (ZKPs), was addressing the annual Cornell Blockchain conference on New York City’s Roosevelt Island.

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Coinbase CEO says leaving the US for UK is ‘on the table’

Coinbase CEO Brian Armstrong said moving the exchange’s headquarters to the U. K. is “on the table” if the U. S. regulatory landscape does not improve. War on crypto U. S. regulators have had a frosty relationship with crypto companies since at least before 2020.

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Paxful closing, CEO blames staff departures, regulatory challenges

Paxful CEO Ray Youssef said that United States regulators “don’t get it,” but infighting in the C-suite may have played a role in the company’s closure as well.

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Sushi Swap CEO Says He No Longer Feels 'Inspired' Amid U.S. Regulators' Crypto Crackdown

Sushi Swap Head Chef Jared Grey fielded questions from his community about an SEC subpoena he received during a Thursday call.

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The government should fear AI, not crypto: Galaxy Digital CEO

Galaxy Digital CEO Mike Novogratz believes regulators have got it "completely upside-down" on crypto vs AI regulation.

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Bitcoin In Free Fall As Regulators Turn Their Attention To Binance

The new week is starting out worse than expected for Bitcoin and the cryptocurrency is already suffering from falling prices. The direct effect of the Commodities Futures Trading Commission (CFTC) suing Binance, the world’s largest crypto exchange, and its CEO Changpeng Zhao, has put Bitcoin, and other assets, in free fall.

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Binance CEO CZ reveals copy of letter to US Senators – weeks before CFTC lawsuit

Binance released a copy of a letter sent to United States senators on March 16 detailing its transparency efforts, experience with regulators, and challenges of dealing with government. The post Binance CEO CZ reveals copy of letter to US Senators – weeks before CFTC lawsuit appeared first on CryptoSlate.

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Bitmex Co-Founder Calls For A Bitcoin-Based Stablecoin

Former CEO and co-founder of BitMex crypto exchange Arthur Hayes proposed a new stablecoin design with a value pegged to Bitcoin. He called it Satoshi Nakamoto Dollar (NUSD) or NakaDollar. The crypto community continues supporting stablecoins despite several misgivings among global regulators and central banks.

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Offshoring Crypto Hurts US Financial System Laments Coinbase CEO

The ongoing war on crypto by U.S. regulators could do lasting damage to the country’s financial system, according to Coinbase CEO. The post Offshoring Crypto Hurts US Financial System Laments Coinbase CEO appeared first on BeInCrypto.

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Stablecoins need better regulators than SEC: Circle CEO

Circle CEO Jeremy Allaire recently stated that stablecoins should not be regulated by the SEC. Allaire believed that stablecoins should fall under the purview of banking regulators. Jeremy AThe post Stablecoins need better regulators than SEC: Circle CEO appeared first on AMBCrypto.

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Caitlin Long Sees 'Coordinated Effort' Among Regulators for Custodia Rejection

Custodia Bank’s CEO says crypto will find its way into the traditional banking system and regulators could be playing ‘whack-a-mole’ years down the road.

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Regulators Are To Blame For All The Crisis In Crypto, Says Kraken CEO

Jesse Powel, the co-founder, and CEO of Kraken, a cryptocurrency exchange, thinks users should blame regulators for the ongoing crises in crypto. Kraken CEO: Are Regulators Bent On Killing Crypto? While replying to a tweet on February 20, Jesse theorized that regulators have been taking a back step, allowing the bad guys to get big before blowing up because, in his view, “it serves their agenda.

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‘Regulators let the bad guys get big’ — former Kraken CEO speaks out after SEC settlement

According to Jesse Powell, U.S. regulators allowing bad actors in the crypto space to “suck up users, revenue and venture capital” could effectively destroy “the good guys.”

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Kraken CEO’s criticism of regulators gains momentum

Jesse Powell, CEO of crypto exchange Kraken scrutinized by the US regulators, expressed his regrets by urging Congress to protect the domestic crypto industry. Kraken, the popular cryptocurrency exchange, recently reached a $30 million settlement with the US Securities and…

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Kraken and Custodia Bank CEOs say regulators ignored their warnings about scams and fraud

In a Twitter thread, Custodia Bank founder and CEO Caitlin Long said that she provided evidence to law enforcement about a crypto crime months before the company collapsed and left millions of customers in the lurch.

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Custodia CEO Caitlin Long Slams US Regulators’ Crypto Crackdown

Custodia CEO Caitlin Long said policymakers in Washington have a misguided crackdown on the crypto industry. The post Custodia CEO Caitlin Long Slams US Regulators’ Crypto Crackdown appeared first on BeInCrypto.

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Binance CEO says crypto exchange will withdraw from potential US investments

As US financial regulators intensify their crackdown on crypto companies, Binance CEO Changpeng "CZ" Zhao has stated that his company will hold off on plans for prospective investments in the country.

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CZ denies report Binance is considering major breakup with US business partners

The Binance CEO contradicted a Bloomberg source concerning the reduction of the company’s activities following increasing pressure from U.S. regulators.

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CZ denies Bloomberg US delisting report

Reports emerged that Binance Global intends to end partnerships with U.S.-based firms such as banks and terminate listing tokens linked to US-based projects as regulators cast the net deeper. Binance's CEO has refuted the claims. 

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ARK Invest's Cathie Wood on Staking Ban: 'US Exchanges Lose'

Legendary investor Cathie Wood, founder, CIO and CEO of asset management heavyweight ARK Invest, slams US regulators for their attack on centralized staking

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Ripple CEO praises ‘positive global regulatory developments’ happening outside US

Ripple CEO Brad Garlinghouse said the number of positive global regulatory developments happening in the crypto industry is “energizing. ” In a February 9 Twitter thread, Garlinghouse praised regulators in Dubai, the United Kingdom, Australia, Brazil, and South Korea for providing “leadership” and “clarity” for crypto firms.

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“SEC’s Shallow Approach Is Limiting BTC” Grayscale CEO Takes A Swipe At US Regulators

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CZ Talks Trust and Working With Regulators in Davos Fireside Chat

On Wednesday, Binance CEO, CZ, joined Medha Parlikar for a chat during the World Economic Forum. The result wasn’t worth the wait. The post CZ Talks Trust and Working With Regulators in Davos Fireside Chat appeared first on BeInCrypto.

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Coinbase CEO: Regulate centralized actors but leave DeFi alone

Armstrong said that because centralized exchanges and custodians have the most risk of causing consumer harm, regulators must focus there first and foremost.

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Ripple CEO Believes Regulators Should Make It Harder to Pull Off FTX-Style Scams

Ripple CEO Brad Garlinghouse believes that regulators should disincentivize “horrible behavior”

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Cardano Is Launching New Privacy Blockchain and Token

Charles Hoskinson, CEO of the firm that's behind Cardano, says the network will strive to preserve privacy while giving access to regulators and auditors.

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FTX boss transferred exchange assets to Bahamas authorities

In a shocking emergency court filing on Thursday, FTX stated that there is evidence suggesting that Bahamian regulators gave former CEO Sam Bankman-Fried instructions to access FTX systems.

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Unclear regulations drove 95% of trading activity offshore: Coinbase CEO

The U.S. regulators are currently investigating FTX.US, Coinbase and Binance in the wake of the collapse of the FTX global crypto exchange.

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Bankman-Fried misguides regulators by directing them away from centralized finance

FTX Exchange CEO Sam Bankman-Fried proposed a blueprint for regulators to look into decentralized finance — with nary a word about centralized exchanges like his own.

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Texas Regulators Investigate FTX, Sam Bankman-Fried For Potential Securities Violations

The Texas State Securities Board has launched investigations into FTX crypto exchange and its principals, including co-founder and CEO Sam Bankman-Fried, over claims it offered unregistered securities products to customers in the United States.

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Crypto Bank Silvergate to Miss Goal of Offering Stablecoin This Year

Silvergate is no longer on track to launch its own Stablecoin this year, though CEO Alan Lane said the company continues to work closely with regulators on the matter.

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Grayscale CEO Calling on Regulators to Act

Grayscale CEO has called for regulatory framework after filing new legal brief in its lawsuit against SEC

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CFTC takes legal action against Digitex futures exchange and CEO

Many in the space have criticized regulators including the CFTC and SEC for taking a “regulation by enforcement” approach to crypto in the United States.

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KyberSwap CEO Predicts DeFi Will Overtake TradFi in 10 years

At Token2049 today, with over 7,000 industry professionals, institutional investors, and regulators attending, KyberSwap CEO Victor Tran predicted onstage that Decentralized Finance (DeFi) would overtake TradFi in 10 years.

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Coinbase plans to cut costs and is engaged with regulators, says the CEO

Coinbase has been negatively affected by the ongoing bear market, and the exchange plans… The post Coinbase plans to cut costs and is engaged with regulators, says the CEO appeared first on CoinJournal.

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We’d shut down Ethereum staking if threatened by regulators, says Coinbase’s CEO

Coinbase’s CEO says the crypto exchange will abandon Ethereum staking if threatened by regulatory… The post We’d shut down Ethereum staking if threatened by regulators, says Coinbase’s CEO appeared first on CoinJournal.

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Coinbase will shut down staking service if regulators mandate censoring transactions

Coinbase CEO Brian Armstrong said on August 17 that the firm would shut down its staking services if regulators wanted it to censor transactions as a validator. The post Coinbase will shut down staking service if regulators mandate censoring transactions appeared first on CryptoSlate.

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Binance CEO And WazirX Founder Embroiled In A War Of Words Over The Ownership Of The Indian Exchange

Binance CEO and WazirX founder traded words over the ownership of the exchange. The row was amplified after Indian regulators fingered WazirX in a money laundering scheme. Binance previously announced the purchase of the Indian exchange in 2019 and clarified details of the acquisition last week.

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Custodia Bank's CEO Says Bad Actors and Regulators Caused Crypto Crash

Caitlin Long said bankruptcies were inevitable the moment bitcoin “started being leveraged, rehypothecated, or financialized with debt.”

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Saylor goes full maxi, slamming everything that isn’t Bitcoin

MicroStrategy CEO Michael Saylor has thrown altcoins under the bus by calling on regulators to do their part in tackling risky crypto industry practices. The post Saylor goes full maxi, slamming everything that isn’t Bitcoin appeared first on CryptoSlate.

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Michael Saylor Urges Regulators to Tame Crypto

MicroStrategy CEO Michael Saylor is waiting for industry to grow up, claiming that "wildcat ecosystem" has to go away

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