CryptoNews

Coinbase Shares Wells Response, Challenges SEC's Change in Attitude Towards Its Core Businesses

April 28, 2023
On April 27, Coinbase, the crypto exchange based in San Francisco, made public the disclosure of its response to the Wells notice it had received from the U.S. Securities and Exchange Commission (SEC) back in March. The company maintained that the regulatory body’s enforcement actions were in direct contrast to the agency’s previous approval of the firm’s public listing via its S-1 filing.
Read more
CryptoNews

Binance Reportedly Removes Restrictions on Russian Users

April 27, 2023
The world’s largest crypto exchange, Binance, has lifted certain restrictions on Russian users, local crypto media unveiled. According to multiple reports, Russians can once again use their bank cards to make deposits and the trading platform has canceled a limit on their…
CryptoNews

Alchemy Pay: Bridging the Global Economies of Fiat and Cryptocurrencies

April 27, 2023
On April 20th, The European Parliament approved the first comprehensive crypto regulation EU-wide, the Markets in Crypto-Assets (MiCA). In the same day, a separate law, the Transfer of Funds regulation, was passed, requiring crypto operators to confirm the identity of their customers in order to halt money laundering transactions. While the crypto regulation worldwide is becoming increasingly…
Read more
CryptoNews

Biggest Movers: ADA, SOL Jump 9% Higher on Wednesday

April 26, 2023
Cardano was one of Wednesday’s big movers, as bullish sentiment returned to cryptocurrency markets. Spurred by an apparent collapse of First Republic Bank, the global crypto market cap moved 7% higher, as of writing. Solana was also in the green, rising by nearly…
CryptoNews

Crypto Has Evolved From Being Seen as an 'Anti-Establishment Rebellion Asset' Says FCA Executive Director

April 26, 2023
From being seen as a small “anti-establishment rebellion asset” more than ten years ago, crypto has grown to “become more widespread,” says Sarah Pritchard, an executive director at the United Kingdom’s Financial Conduct Authority (FCA). Pritchard said while the FCA has routinely warned consumers of risks associated with crypto, the watchdog has “always been open to innovation.” Few…
Read more
CryptoNews

Coinbase Files Legal Action Against SEC Over Lack of Regulatory Clarity

April 25, 2023
On April 24, 2023, Coinbase announced that it had filed an action in federal court requesting the U.S. Securities and Exchange Commission (SEC) to respond to their petition. The petition, submitted in July 2022, requested the commission to propose and adopt rules governing the regulation of digital assets. Coinbase Requests SEC to Respond to Petition for Digital Asset Regulation The cryptocurrency…
Read more