Binance.US Unblocks Withdrawals
Binance.US has released a statement informing clients that USD withdrawal orders may be stopped in the near future.
Former CFTC Chief Says SEC’s Action Against Coinbase Was Intentional
Former CFTC Chairman Christopher Giancarlo has stated that the SEC’s decision to file charges against Coinbase just hours before the exchange’s Chief Legal Officer Paul Grewal testified before Congress was “deliberate.”
ProShares’s Bitcoin ETF Weekly Flow Reaches a Yearly High
Over the past week, the ProShares Bitcoin Strategy (BITO) fund has seen cumulative inflows of $65.3 million – its highest value since the beginning of the year.
Robinhood Will Acquire Fintech Startup X1
Online brokerage firm Robinhood has made a deal to purchase the X1 platform.
Coinbase CEO: US Election is a Key Moment for Regulation of Crypto Industry
Brian Armstrong, CEO of US crypto exchange Coinbase, believes that the upcoming 2024 US presidential election could drastically change the legal status of the crypto industry.
Prime Trust Halts Withdrawals Following Nevada Regulator’s Order
Crypto custodian Prime Trust has been issued a directive from the Nevada Department of Business and Industry that requires it to suspend fiat and digital asset deposits and withdrawals.
US Will Vote on Crypto and Stablecoin Legislation Next Month
The House Financial Services Committee is due to start debating two proposed laws in the second week of July that seek to create a distinct path for digital assets to transition from security investments to commodities with lower reporting and regulatory requirements.
Fed Chairman Believes Agency Should Regulate Stablecoins
Federal Reserve Chairman Jerome Powell expressed support for a strong federal role in regulating the stablecoin sector on Wednesday.
Valkyrie Files Application to Launch a Spot Bitcoin ETF
Valkyrie Funds yesterday submitted a filing to the US Securities and Exchange Commission (SEC) for its Valkyrie Bitcoin Fund ETF.
The Trading Volume of Grayscale’s Bitcoin Trust Increases 4-fold
Grayscale Investments’ GBTC has seen a remarkable 400% increase in trading volume, jumping from $16.1 million to $80 million.
France Seeks a Global Regulation of DeFi Industry
The Financial Markets Authority (AMF) has released a statement arguing that a regulation framework is needed to manage decentralized exchanges (DEXs) both nationally and internationally.
OKX Limits Services for Russian Citizens
Due to the requirements of Russian regulators, OKX cryptocurrency exchange amended on June 19 the service for Russian citizens by restricting their access to a number of products.
Coinbase: The SEC Has Ignored a Court Order
Paul Grewal, Coinbase’s General Counsel, has commented on the SEC’s response to the platform’s debate about regulatory clarity in the July 2022 case.
Ethereum Developers Pre-build the Deneb Update Package
Ethereum developers have discussed the details of the upcoming Deneb consensus level update, slated for inclusion in the Dencun hard fork.
