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Report: 33 straight days of net withdrawals from crypto exchanges

Key Takeaways Regulators are clamping down hard on the US crypto industry, with recent lawsuits announced against Binance and Coinbase Bitcoin’s correlation with stocks is at a 5-year low, with the latter soaring but Bitcoin’s price suppressed by concerns around future of industry in US Exchanges have seen net outflows for 33 days in a […] The post Report: 33 straight days of net withdrawals from crypto exchanges appeared first on CoinJournal. дальше »

2023-6-20 19:05


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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 […] дальше »

2023-6-17 19:50


DEPUTY MAYOR OF LONDON AND THE ECONOMIC SECRETARY TO THE TREASURY HEADLINE IMPRESSIVE SPEAKER LINEUP AT FINTECH WEEK LONDON

Fintech Week London, the must-attend event for the fintech industry, has announced an impressive line-up of speakers for its flagship conference on 19 to 20 June, with Rajesh Agrawal, Deputy Mayor of London for Business, and, Economic Secretary to the Treasury, Andrew Griffith MP, among the influential voices taking to the stage. дальше »

2023-6-16 11:27


Mark Cuban Predicts Crypto Apocalypse: 90% Of Companies Will Go Broke

Tech behemoth Mark Cuban and former Securities and Exchange Commission (SEC) official John Reed Stark engaged in a heated exchange over the ongoing regulatory crackdown on the crypto industry.  The discussion was sparked by the recent temporary restraining order (TRO) hearing against Binance, which sought to freeze all of the exchange’s U.S. assets. Related Reading: […] дальше »

2023-6-16 02:00


Prometheum, a SEC-registered broker-dealer, sets Twitter ablaze with speculation: here’s what you need to know

Crypto firm Prometheum’s co-founder and co-CEO Aaron Kaplan testified before the U. S. Financial Services House Committee on June 13 The “full-service market” crypto brokerage gained the spotlight after Kaplan took a pro-SEC stance in his testimony, in stark contrast to the majority of industry leaders. дальше »

2023-6-16 20:34


Brazil Sets Crypto Regulations Straight: Central Bank Takes Charge As Regulator

Brazil’s President, Luiz Inacio Lula Da Silva, has taken a significant step toward clarifying the regulatory landscape of crypto in the country. With the recent signing of legislation, the roles of the Central Bank in overseeing the crypto industry will be clearly defined, granting the bank the authority to supervise crypto firms.  Additionally, the regulation […] дальше »

2023-6-15 15:30


Major Investments Pour into Sparklo (SPRK) Amid Cardano (ADA) And BNB (BNB) Issues

In the aftermath of a prolonged bearish season, investing in crypto projects necessitates diligent observation and analysis of their short-term and long-term prospects. Recognizing the unique characteristic of long-term potential has led whales and industry experts to align themselves with Sparklo, hailed as the epitome of a blue-chip cryptocurrency that holds the promise of a […] дальше »

2023-6-15 09:38


Blockchain Australia says banking restrictions will have ‘costly side effects’

Industry group Blockchain Australia believes that placing “blanket restrictions” on the crypto industry in the Oceanic country could potentially result in “costly side effects. ” The trade body made the statement in response to the Commonwealth Bank of Australia’s recent decision to restrict payments to crypto exchanges and place a monthly limit on all crypto-related transactions. дальше »

2023-6-15 20:06


Crypto is not immune to regulation, US crackdown is immensely hurtful

Key Takeaways The US regulatory crackdown continues, with Coinbase and Binance sued last week and a list of tokens declared securities by the SEC Crypto.com is shutting down its institutional exchange, citing lower demand following recent events in the industry  Retail will always be able to access crypto, but institutional capital will dwindle, which will […] The post Crypto is not immune to regulation, US crackdown is immensely hurtful appeared first on CoinJournal. дальше »

2023-6-15 18:24


Crypto industry ‘destined’ to be BTC-focused due to regulators, says Michael Saylor

Key takeaways Michael Saylor believes that the crypto industry will become Bitcoin-focused. Bitcoin is trading above $26k as the market slowly recovers.   Crypto industry will be BTC-focused MicroStrategy co-founder Michael Saylor believes that the cryptocurrency industry is destined to become BTC-focused. дальше »

2023-6-15 18:16


Digital Assets hearing latest – sufficiently decentralized tokens may still avoid security label

The House Financial Services hearing on “The Future of Digital Assets” contained a wealth of information on the potential future of the digital asset space in the United States. Following the recent SEC lawsuits against Binance and Coinbase, the industry has feared for the future of web3 within the U. дальше »

2023-6-14 23:54