Latest Report De-dollarization: Do all roads eventually lead to Bitcoin? The U.S. dollar’s reign as the reserve currency of the world could be coming to an end. CryptoSlate’s latest market deport explores the de-dollarization of the world to find what role will Bitcoin play in the global economy. Andjela Radmilac · 3 days ago
Ad Binance faces various allegations from the U.S. Commodities and Futures Trade Commission (CFTC) that point toward wrongdoing among company executives. Binance used Signal’s auto-delete feature On March 27, the CFTC filed charges against the leading crypto exchange Binance. Though its charges primarily suggest that Binance went against regulations to serve U.S.-based customers, those allegations…
Ad Binance CEO Changpeng Zhao said that he stores his own money with Binance, as seen in a statement published on the exchange website on March 27. Zhao admits to using Binance products On the question of whether he and other employees use Binance, Zhao wrote: “Personally, I have two accounts at Binance: one for…
Latest Report De-dollarization: Do all roads eventually lead to Bitcoin? The U.S. dollar’s reign as the reserve currency of the world could be coming to an end. CryptoSlate’s latest market deport explores the de-dollarization of the world to find what role will Bitcoin play in the global economy. Andjela Radmilac · 2 days ago
Ad Binance has responded to charges filed by the Commodities and Futures Trading Commission (CFTC) in a statement provided to CryptoSlate on March 27. Binance comments on CFTC charges A Binance spokesperson called the CFTC’s charges “unexpected and disappointing” and said that Binance has worked with the regulator for over two years. That spokesperson said…
Ad Justin Sun does not believe the U.S. fraud charges levied against him will impact Huobi Global’s license application in Hong Kong, Nikkei Asia reported on March 27. However, lawyers believe otherwise and told the newspaper that the Hong Kong Securities and Futures Commission (SFC) will be hesitant to approve a license under current circumstances….
Ad Terraform Labs (LUNA) founder Do Kwon was charged by the U.S. authorities hours after he was arrested in Montenegro on Mar. 23, according to a Financial Times report. Kwon is accused of defrauding crypto customers and is facing eight criminal counts — which include securities, commodities, and wire fraud, as the Financial Times article…
Ad Several notable cryptocurrency industry figures have come to the defense of Coinbase following the company’s receipt of a Wells notice. Polygon comes to the defense of Coinbase The Wells notice received by Coinbase indicates that the U.S. Securities and Exchange Commission likely intends to file charges against the exchange. In response, Polygon Labs president…
Ad Congressman Tom Emmer and Darren Soto introduced a bipartisan bill on March 23 called the Blockchain Regulatory Certainty Act to establish more clarity for the crypto industry. Emmer serves as co-chair of the Congressional Blockchain Caucus alongside Soto. He said in the announcement: “Crypto and blockchain technology, by nature, does not easily fit into…
Ad Tron (TRX) founder Justin Sun said the U.S. Securities and Exchange Commission (SEC) charges against him lacked merit. In a March 23 Twitter thread, Sun said the financial regulator’s complaints were “the latest example of actions it has taken against well-known players in the blockchain and crypto space.” He continued that the SEC’s regulatory…