CryptoNews

South African Crypto Exchange Valr Receives 'Initial Approval' From Dubai Virtual Assets Regulator – Bitcoin News

October 5, 2023
Valr, the South Africa-based crypto exchange, recently said it had won initial approval from the Dubai virtual assets regulator. The crypto exchange’s Head of Growth, Blake Player, said Valr has been attracted by the Middle East region’s significant crypto flows and in particular Dubai’s growing reputation “as a forward-thinking and pragmatic jurisdiction.” Valr Cannot Offer Any Virtual…
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CryptoNews

SEC Seeks Rejection of Coinbase’s Pushback Against Its Lawsuit – Legal Bitcoin News

October 5, 2023
The U.S. Securities and Exchange Commission (SEC) has asked a judge to reject Coinbase’s attempt to have the regulator’s lawsuit against it dismissed. The exchange had alleged that the agency overstepped its authority and abused its discretion in claiming that digital assets offered on the trading platform were unregistered securities. SEC Adds Arguments to Support Its Claim That Crypto Assets…
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Kevin O'Leary Warns of Crypto Innovation Fleeing US Due to Regulatory Hurdles – Regulation Bitcoin News

October 4, 2023
Shark Tank investor Kevin O’Leary, aka Mr. Wonderful, has expressed concerns that regulatory obstacles will drive crypto innovation away from the U.S. His comments followed a congressional hearing where Congress members grilled U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler over crypto regulation. O’Leary Expects Crypto Innovation to Leave the U.S. Shark Tank investor…
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CryptoNews

Bitcoin, Ethereum Technical Analysis: BTC, ETH Plunge, as Profit Takers Swoop In – Market Updates Bitcoin News

October 4, 2023
Bitcoin retreated from a multi-week high on Tuesday, after cryptocurrencies entered overbought territories. Traders have seemingly opted to capture recent profits, ahead of key data points later this week. Ethereum slipped below $1,700. Bitcoin Bitcoin (BTC) edged below the $28,000 level during today’s session, as traders moved to secure Monday’s gains. After surging to a peak of $28,494 to…
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