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[ad_1] Armstrong, the chief executive, has threatened to move Coinbase out of the U.S. The company brought aboard corporate America’s go-to SEC challenger, former Labor Secretary Eugene Scalia, to lead a lawsuit against the agency filed on April 24. And, just days later, Coinbase took the rare step of publicly releasing its official rebuttal to…
[ad_1] San Francisco: Leading Blockchain and cryptocurrency platform Coinbase has sued the US Securities and Exchange Commission (SEC) to compel the commission to respond yes or no to its July 2022 rule-making petition. The petition had asked the SEC to use its formal rule-making process to provide guidance for the crypto industry. To date, more…
[ad_1] New Delhi: Finance Minister Nirmala Sitharaman on Sunday emphasised on the need for global consensus for regulating crypto assets. Addressing a series of events in Bengaluru, she said that any kind of regulation on crypto assets would require every nation’s consent, otherwise it would not be effective. Sitharaman added that India under its G20…
[ad_1] Gensler has long argued that much of the lightly regulated $1 trillion market violates U.S. securities rules because many of the products consist of unregistered securities. Gensler, an ally of top progressives like Senate Banking Chair Sherrod Brown (D-Ohio) and Sen. Elizabeth Warren (D-Mass.), has been on a collision course with McHenry since the…
[ad_1] Washington: Members of the G20 agree that a globally coordinated understanding would be required not only to deal with the challenges posed by crypto assets but also to regulate them, Union Finance Minister Nirmala Sitharaman has said. The grouping has responded to the issue with alacrity and during India’s presidency of the G20, a…
[ad_1] The $1 trillion crypto industry is going on the offensive against what executives say is an existential threat to “de-bank” digital asset businesses, mounting a lobbying campaign to oppose efforts to discourage lenders from taking them on as customers. “The concern is very real,” Sen. Bill Hagerty (R-Tenn.), one of several GOP lawmakers allied…
[ad_1] San Francisco: Leading blockchain and cryptocurrency platform Binance on Friday announced that it has temporarily suspended all spot trading on its platform as it works to resolve an issue. “We are aware of an issue impacting spot trading on Binance. All spot trading is currently temporarily suspended as we work to resolve this as…
[ad_1] New Delhi: Leading blockchain and cryptocurrency platform Binance on Wednesday said it will strengthen collaborations and industry efforts between Web3 organisations and law enforcement agencies to further enhance security in the industry. Jarek Jakubcek, Head of Law Enforcement Training at Binance said that “our goal is to build a safe blockchain ecosystem for all…
[ad_1] San Francisco, March 19 (IANS) Microsoft is reportedly working on integrating a Crypto Wallet feature into its Edge browser, which will allow users to store, send, and receive crypto funds, as well as store NFTs. The new Crypto Wallet feature, which was first spotted by a Twitter user, appears to be still in development,…
[ad_1] “If banks are being told they can’t bank the sector, then how does the sector create diversification and banking?” said Dante Disparte, chief strategy officer at stablecoin issuer Circle. “The risk, unfortunately, was too few banks banking too big a sector.” The banking turmoil of the last week is the latest setback for a…