Category: CyberFinance
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Forget The U.S. Fed; Hong Kong And China Will Initiate The Next Crypto Bull Market!
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In early 2023, many crypto experts predicted that a move by the U.S. Federal Reserve (FED) to lift the U.S. debt limit could trigger the next big crypto bull run. As the U.S. ramps up regulatory pressure on cryptocurrencies, China has become the likely bull market leader. All attention is…
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World’s Largest Crypto Platform Binance Suspected Of Money Laundering!
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A new chaos is brewing in the crypto world. This time, no less a market participant than the world’s largest crypto exchange Binance is at the centre of it. The U.S. Securities and Exchange Commission (SEC) has taken notice of the crypto exchange and most recently filed a lawsuit.
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Binance And The SEC Reached Agreement In Court!
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The deal imposes extensive disclosure obligations on BinanceUS and the strict separation of client funds from the parent company. However, the assets will not be frozen.
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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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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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“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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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.
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Bali Instructs Tourists Not To Pay With Crypto!
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Foreign tourists who pay with cryptocurrencies in Bali will be “dealt with harshly.” At a press conference on tourism development, Bali Governor Wayan Koster that visitors who pay with cryptos or violate other rules could be deported, face criminal charges, or face harsh sanctions.