Month: June 2023
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Mark Cuban Takes On SEC, John Reed Stark And ‘Crypto Derangement Syndrome.’
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The billionaire investor got stuck into a heated debate over crypto regulation with former U.S. Securities and Exchange Commission (SEC) official John Reed Stark. On Twitter, Mark Cuban accused SEC’s Gary Gensler of throwing crypto under the bus. At the same time, a former SEC official was quick to come…
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Bitpanda Wants To Fight Low-Interest Rates With Bitpanda Cash Plus!
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The Vienna-basse cryto fintech Bitpanda is launching a new financial product. With it, Bitpanda wants to counteract Europe’s low-interest rate environment with its new product, “Bitpanda Cash Plus.” It intends to enable investors to earn returns on their money via money market funds.
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Asset Manager Giant BlackRock To Launch Bitcoin Spot ETF!
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Good news for the crypto industry. The world’s largest asset manager BlackRock is planning to launch a bitcoin spot ETF in the US. This is intended to enable investors to invest in cryptocurrency.
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Stalled By The Investor For Months – Fintech Cure Finance Files For Insolvency!
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The Berlin-based fintech Cure Finance thought it had raised just under three million euros from an investor. That was at the beginning of this year. But the sum never arrived at the startup, as Finance Forward and Finanz-Szene report. The consequences are severe: the Berlin fintech is now forced to…
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“Get Out Of Crypto Platforms Now!”
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According to John Reed Stark, former SEC division chief, U.S. regulators have just begun the “siege” of crypto platforms. How neutral his statements are, however, needs to be more credible.
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Crypto.com Performs Partial Shutdown In The USA!
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Amid an increasing regulatory crackdown, the United States is experiencing a significant exodus of cryptocurrency companies. Crypto.com recognized the challenging environment and shut down part of its U.S. operations.
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Crypto: Altcoin Prices Went South With Binance Troubles In The US
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Last week, on Twitter, Binance.US announced that they would stop U.S. dollar Fiat payments. The crypto market reacted with substantial price losses but, since then recovered. The pressure from the U.S. Securities and Exchange Commission (SEC) against Binance.US has become so great that as of June 13, U.S. dollar-fiat transactions…
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The Wealthiest Man In The World Does Not Pay His Bills Again!
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Elon Musk is trying to get more favourable terms for Google servers by not paying Twitter’s bills. Twitter CEO Elon Musk is reportedly refusing to pay the company’s Google Cloud servers bill. As a result, some services could be shut down in early July because they lack the infrastructure to…
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Hong Kong Welcomes Coinbase And Global Crypto Exchanges!
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Hong Kong’s new licensing system attracts interest from Coinbase and international crypto exchanges. Hong Kong’s prominent lawmaker, Johnny Ng, invites global virtual asset trading platforms to set up shop in the city in a significant development for the cryptocurrency industry.