exchange Coinbase represented a dramatic escalation of a crackdown on the industry by U.S.
regulators. The suit and one filed by the SEC the following day against major U.S.
BlackRock, the world's biggest asset manager, filed last week for the exchange which would allow investors to get stakes in the asset class. The Wall Street Journal reported on Tuesday that EDX Markets, a crypto exchange backed by Citadel Securities, Fidelity and Schwab had started operations.
It's big. Over 50 cryptocurrencies worth over $100 billion in total and making up about 10% of the overall market, are now viewed by the SEC watchdog as securities, according to CCData.
Earlier this month, Binance and its U.S.
affiliate entered an agreement with the Securities and Exchange Commission to ensure U.S. customer assets remain within the country until a sweeping lawsuit filed by the regulatory agency is resolved.
The Hong Kong Monetary Authority's (HKMA) comments were in response to a Financial Times report which said lenders including HSBC and Standard Chartered were facing pressure from Hong Kong's central bank to take on crypto exchanges as clients.
The ETF filing has helped reverse negative sentiment in the bitcoin and broader cryptocurrency markets, after a series of crypto company meltdowns, including the sudden collapse late last year of exchange FTX, which authorities allege was running a multi-billion dollar fraud.
The Dutch Central Bank (DNB), which registers financial service providers in the Netherlands said it had previously warned the company it was operating in the Netherlands without proper registration, and then fined it for the same reason in January.
June 16 (Reuters) - Cryptocurrency infrastructure provider Wyre is winding down, feeling the pinch of dwindling interest in a market that was once hailed as the next frontier of finance.
PARIS, June 16 (Reuters) - binance trading fee - Highly recommended Reading,, the largest cryptocurrency exchange, is under preliminary investigation by the Paris prosecutors office for both illegal canvassing of clients and aggravated money-laundering, French daily Le Monde reported on Friday.
FRANKFURT, June 29 (Reuters) - German regulators have told Binance they will not grant it a cryptocurrency custody license, a person with direct knowledge of the matter said on Thursday, the latest in a string of setbacks for the world's biggest cryptocurrency exchange.
Fed Chair Jerome Powell said on May 19 it was still unclear whether U.S.
interest rates will need to rise further, and the risks of overtightening or undertightening had become more balanced.
Japan's Nikkei share average has been another stellar performer this year, surging 16% in dollar terms, or 26% in yen terms, setting it up for its best year in a decade.
The move comes at a time when the global cryptocurrency industry has been caught in the crosshairs of the U.S.
securities regulator on alleged violations of securities laws.
June 29 (Reuters) - Asset manager Fidelity is once again seeking to list and trade shares of its Wise Origin Bitcoin Trust spot bitcoin exchange-traded fund, according to a filing by listing exchange Cboe Global Markets with the U.S.
Securities and Exchange Commission.
Binance has come under pressure from regulators around the world.
The U.S. Binance denies the charges. Securities and Exchange Commission this month sued Binance and its CEO Changpeng Zhao over what the regulator called a "web of deception" to evade U.S.
The company registered as a digital asset service provider (DASP) on June 20, according AMF's website, adding a major traditional financial services group to the growing number of crypto companies registered by the French watchdog.
The lawsuits against Binance and Coinbase Global have increased fears the crypto market's ordeal could be prolonged further after the sector was battered by a string of meltdowns including the bankruptcy of FTX, Binance's biggest competitor, last year.
Some market-watchers said the SEC crackdown may be good for bitcoin, which is generally considered a commodity rather than a security, and therefore beyond the SEC's remit.
DUBAI, June 15 (Reuters) - OKX, one of the world's largest cryptocurrency exchanges, is seeking regulatory approval to operate in Dubai as it plans to expand the company's Middle East operations, an executive told Reuters on Thursday.
Under other provisions in the proposed agreement, Binance.US will create new crypto wallets to which the global exchange's employees have no access, provide additional information to the SEC and agree to an expedited discovery schedule, the filings said.
regulators. The suit and one filed by the SEC the following day against major U.S.
BlackRock, the world's biggest asset manager, filed last week for the exchange which would allow investors to get stakes in the asset class. The Wall Street Journal reported on Tuesday that EDX Markets, a crypto exchange backed by Citadel Securities, Fidelity and Schwab had started operations.
It's big. Over 50 cryptocurrencies worth over $100 billion in total and making up about 10% of the overall market, are now viewed by the SEC watchdog as securities, according to CCData.
Earlier this month, Binance and its U.S.
affiliate entered an agreement with the Securities and Exchange Commission to ensure U.S. customer assets remain within the country until a sweeping lawsuit filed by the regulatory agency is resolved.
The Hong Kong Monetary Authority's (HKMA) comments were in response to a Financial Times report which said lenders including HSBC and Standard Chartered were facing pressure from Hong Kong's central bank to take on crypto exchanges as clients.
The ETF filing has helped reverse negative sentiment in the bitcoin and broader cryptocurrency markets, after a series of crypto company meltdowns, including the sudden collapse late last year of exchange FTX, which authorities allege was running a multi-billion dollar fraud.
The Dutch Central Bank (DNB), which registers financial service providers in the Netherlands said it had previously warned the company it was operating in the Netherlands without proper registration, and then fined it for the same reason in January.
June 16 (Reuters) - Cryptocurrency infrastructure provider Wyre is winding down, feeling the pinch of dwindling interest in a market that was once hailed as the next frontier of finance.
PARIS, June 16 (Reuters) - binance trading fee - Highly recommended Reading,, the largest cryptocurrency exchange, is under preliminary investigation by the Paris prosecutors office for both illegal canvassing of clients and aggravated money-laundering, French daily Le Monde reported on Friday.
FRANKFURT, June 29 (Reuters) - German regulators have told Binance they will not grant it a cryptocurrency custody license, a person with direct knowledge of the matter said on Thursday, the latest in a string of setbacks for the world's biggest cryptocurrency exchange.
Fed Chair Jerome Powell said on May 19 it was still unclear whether U.S.
interest rates will need to rise further, and the risks of overtightening or undertightening had become more balanced.
Japan's Nikkei share average has been another stellar performer this year, surging 16% in dollar terms, or 26% in yen terms, setting it up for its best year in a decade.
The move comes at a time when the global cryptocurrency industry has been caught in the crosshairs of the U.S.
securities regulator on alleged violations of securities laws.
June 29 (Reuters) - Asset manager Fidelity is once again seeking to list and trade shares of its Wise Origin Bitcoin Trust spot bitcoin exchange-traded fund, according to a filing by listing exchange Cboe Global Markets with the U.S.
Securities and Exchange Commission.
Binance has come under pressure from regulators around the world.
The U.S. Binance denies the charges. Securities and Exchange Commission this month sued Binance and its CEO Changpeng Zhao over what the regulator called a "web of deception" to evade U.S.
The company registered as a digital asset service provider (DASP) on June 20, according AMF's website, adding a major traditional financial services group to the growing number of crypto companies registered by the French watchdog.
The lawsuits against Binance and Coinbase Global have increased fears the crypto market's ordeal could be prolonged further after the sector was battered by a string of meltdowns including the bankruptcy of FTX, Binance's biggest competitor, last year.
Some market-watchers said the SEC crackdown may be good for bitcoin, which is generally considered a commodity rather than a security, and therefore beyond the SEC's remit.
DUBAI, June 15 (Reuters) - OKX, one of the world's largest cryptocurrency exchanges, is seeking regulatory approval to operate in Dubai as it plans to expand the company's Middle East operations, an executive told Reuters on Thursday.
Under other provisions in the proposed agreement, Binance.US will create new crypto wallets to which the global exchange's employees have no access, provide additional information to the SEC and agree to an expedited discovery schedule, the filings said.