CryptoNews

Former NYSE President: Money Will Flood Into Crypto Industry With Spot Bitcoin ETFs – Markets and Prices Bitcoin News

Former NYSE President Tom Farley expects money to “flood” into the crypto industry when the U.S. Securities and Exchange Commission (SEC) approves spot bitcoin exchange-traded funds (ETFs). “It’s just easier to buy. People believe in bitcoin,” he emphasized, adding that the cryptocurrency “is a great invention.” ‘Money Will Flood Into the Industry’ Former New York Stock Exchange…
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Former Binance CEO CZ Seeks to Dismiss Government's Motion Blocking His Return to UAE Before Sentencing – Legal Bitcoin News

Former Binance CEO Changpeng Zhao (CZ) is seeking to dismiss the U.S. government’s motion to prevent him from going home to the United Arab Emirates (UAE) before sentencing. Despite the judge determining that the ex-Binance boss poses no flight risk after he voluntarily appeared in court to plead guilty, the government is pushing for a restriction on his return home before sentencing. CZ Wants…
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SEC Scores 'Huge Victory' in Binance-DOJ Settlements, Former SEC Official Says – Legal Bitcoin News

The U.S. Securities and Exchange Commission’s former head of internet enforcement has detailed why the SEC is a huge winner in the Binance settlements with the U.S. Department of Justice (DOJ), the Treasury, and other federal authorities. He stressed that what Binance has agreed to could “strengthen” the SEC’s lawsuit against the crypto exchange and its former chief executive. ‘SEC…
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How Analysts Think Binance's $4.3B Settlement Will Help Crypto Grow – Bitcoin News

While the recent settlement between Binance, its former CEO Changpeng Zhao, and the U.S. Department of Justice (DOJ) has shocked the entire crypto industry due to the supposed money laundering and terrorism-related financial implications it has, many analysts and execs believe this is ultimately a good outcome, considering that it will cause the crypto space to grow absent uncertainties related to…
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