Binance.US Not Playing Ball With Probe, SEC Says, as Focus Turns to Custody Arm Ceffu
Securities regulators have complained the exchange is unregistered, and worry about assets being shifted overseas.
Binary trading platforms with better performance and payouts
news
Securities regulators have complained the exchange is unregistered, and worry about assets being shifted overseas.
U.S. Sen. Sherrod Brown (D-Ohio), whose chairmanship of the Senate Banking Committee gives him power over crypto’s congressional destiny, issued a call to arms to regulators on Thursday, demanding that they use whatever authority they currently have over digital assets to improve market transparency and protect the investors putting their money into the sector.
The departure comes just days after the crypto exchange lost its CEO Brian Shroder.
The idea of a digital dollar in the U.S. is so egregious to Republican lawmakers that it’s become a presidential campaign talking point and the subject of multiple bills to strangle it before it takes a first breath. But Rep. Stephen Lynch (D-Mass.) reintroduced a bill Thursday calling for the exact thing they’re trying to stop.
A Genesis booth at the FTX conference in the Bahamas (Danny Nelson/CoinDesk)
Companies like Luno and PayPal have halted certain crypto operations in the country in response to regulations set to take effect next month.
The launch comes as staking landscape is dominated by centralized staking providers, which together hold more than 70% of the staked ether (ETH) supply.
The latest price moves in bitcoin (BTC) and crypto markets in context for Sept. 14, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
A phishing attack on Retool led to the theft, which helped spur Fortress Trust’s agreement to sell itself to Ripple, sources said.
Crypto exchange FTX got court approval to sell part of its $3.4 billion digital asset holdings.