SEC Says Coinbase’s Lawsuit Against Regulator is Baseless
The SEC says the commission is not obligated to issue such regulations and Coinbase does not have the standing to sue the agency.
Binance Says Goodbye to Canadian Market
Binance has announced its withdrawal from the Canadian market, citing complex regulatory framework and small transaction volume as reasons for the decision.
Crypto VC Paradigm Acquires $50M in Coinbase Shares
Paradigm purchased $50 million worth of shares in the exchange operator las week.
QuadrigaCX Creditors Will Receive 13% of Their Claims
The creditors of bankrupt Canadian crypto exchange QuadrigaCX are set to receive 13% of their total claims as part of an “interim dividend.”
Binance Wants to Develop its Business in the UK
Binance’s Strategy Director Patrick Hillmann has expressed the US has been in a “confused situation” in regards to the regulation of the crypto market.
US’ IRS Files Lawsuit against FTX Group of Companies
The IRS has filed 45 lawsuits against the bankrupt FTX exchange and its subsidiaries, seeking a total of $44 billion.
