Binance Boosts Bitcoin, Ether Trading in Argentine, Brazilian, South African Currencies With Fee Promotion
The crypto exchange’s promotion comes as trading volumes plummet to four-year lows, hurting the revenue streams.
Back to School: Supporting the Next Generation of Investors
How will advisors adapt to support the next gen investor? Erik Anderson from Global X takes us through the changing landscape in today’s Crypto for Advisor newsletter.
SEC’s Gensler Should Be Focus of More Hearings on Treatment of Crypto: U.S. Senator
Sen. Bill Hagerty (R-Tenn.) previewed the lawmaker ire in store for U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler as Congress returns from its summer break, with Hagerty accusing the regulator of stomping on crypto innovation during a speech on Thursday.
U.K. Crypto Firms Can Apply for 3-Month Reprieve to Comply With Tough New Ad Rules
Bans on aggressive marketing were set to take effect in October, but companies can apply to delay some aspects until January.
Cboe’s BZX Exchange Files to Launch Ark 21Shares, VanEck Spot Ether ETFs
Cboe’s BZX exchange filed the first documents in a bid to offer the first spot ether exchange-traded funds in the U.S.
Bitcoin Little-Changed at $25.7K After Newsy and Volatile Session
Broader crypto markets were modestly lower late on Wednesday.
Celsius Network Files ‘Adversary Complaint’ Against EquitiesFirst to Recover Assets
EquitiesFirst, a private lender, owed Celsius $439 million of assets as of July 2022.
Sam Bankman-Fried’s Motion for Pretrial Release Goes Before 3-Judge Panel
Former FTX CEO Sam Bankman-Fried is trying to win back his freedom – at least temporarily.
Genesis Global Capital Files for Over $600M in Unpaid DCG Loans: Court Docs
Genesis Global Capital, a subsidiary of Digital Currency Group, filed in court for DCG to repay outstanding loans in excess of $600 million on Wednesday.
FASB Says Crypto Assets Should Be Marked at Current Values
The first U.S. accounting rule specifically for cryptocurrency will say that companies must use a fair-value approach that would demand certain digital assets be measured at what they would trade for in the markets, according to the Financial Accounting Standards Board (FASB).