Binary trading platforms with better performance and payouts
A U.S. judge declined to order Binance.US to make its executives more available for depositions, or for the U.S. Securities and Exchange Commission (SEC) to back down in its demands for more documents during a hearing Monday.
Hopes for a spot bitcoin ETF and the latest regulatory actions could prove a further catalyst.
The crypto exchange is fighting to avoid handing over certain documents to the regulator, arguing the SEC’s requests are “overbroad.”
The New York Department of Financial Services is concerned about token delistings disrupting markets. (Gilbert Ortega/Unsplash, modified by CoinDesk)
BTC price fell to $26,700 from $27,200 during Monday.
The uptick comes as the company has secured a number of notable partnerships with traditional finance institutions.
Jeff Dorman, chief investment officer at Arca, says crypto funds still need to find a balance between adopting professional Wall Street practices and taking advantage of crypto’s unique opportunities.