Author: e_cash_top

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[ad_1] The U.S. Securities and Exchange Commission (SEC) stated in a June 13 court filing that it has not yet decided on requests from Coinbase. SEC says it hasn’t decided on rulemaking In July 2022, Coinbase petitioned the SEC to engage in rulemaking for the cryptocurrency industry, seeking clear regulatory guidelines. Later, in April 2023,…

Binance clarifies terms of use; plans to turn ‘zombie assets’ into stablecoins

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[ad_1] What is CryptoSlate Alpha? A web3 membership designed to empower you with cutting-edge insights and knowledge. Learn more › Connected to Alpha Welcome! 👋 You are connected to CryptoSlate Alpha. To manage your wallet connection, click the button below. Oops…you must lock a minimum of 20,000 ACS If you don’t have enough, buy ACS…

Crypto industry speaks out against SEC’s attempt to conflate DeFi with centralized exchanges

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[ad_1] What is CryptoSlate Alpha? A web3 membership designed to empower you with cutting-edge insights and knowledge. Learn more › Connected to Alpha Welcome! 👋 You are connected to CryptoSlate Alpha. To manage your wallet connection, click the button below. Oops…you must lock a minimum of 20,000 ACS If you don’t have enough, buy ACS…

House Republicans tell SEC to refrain from expanding defintion of exchange

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[ad_1] Republicans on the House Financial Services Committee told the SEC on June 12 to rescind proposed rulemaking concerning crypto exchanges. Republicans oppose broadened definition Specifically, the lawmakers expressed concern with a proposed amendment from the U.S. Securities and Exchange Commission (SEC) that would expand the definition of “exchange” under Rule 3b-16 of the Securities…

Binance.US and SEC told to reach compromise on restraining order

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[ad_1] Binance.US and the U.S. Securities Exchange Commission (SEC) could reach an agreement that could avoid a full asset freeze, Bloomberg said on June 13. Judge demands compromise agreement The SEC first filed charges against Binance.US and related companies on June 5. It then requested a restraining order and asset freeze on June 8. Though…

Haru halts withdrawals and deposits

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[ad_1] Haru Invest, a South Korean interest-bearing crypto platform, said on June 13 that it has halted deposits and user withdrawals. User access to funds suspended Haru said that it was necessary to halt transactions in order to protect investors following a business error. It did not state when it might reopen deposits and withdrawals.…

Digital Assets hearing latest – sufficiently decentralized tokens may still avoid security label

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[ad_1] The House Financial Services hearing on “The Future of Digital Assets” contained a wealth of information on the potential future of the digital asset space in the United States. Following the recent SEC lawsuits against Binance and Coinbase, the industry has feared for the future of web3 within the U.S. due to the listing…

Genesis Trading files updated reorganization plan

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[ad_1] Genesis Capital filed an updated reorganization plan on June 13, days after the bankruptcy court extended mediation talks with relevant stakeholders to August 2. It is an updated version of the initial wind-up plan submitted by the collapsed crypto lender in January as part of its bankruptcy proceedings. It essentially splits up debtors and…

Crypto industry leaders urge Congress to act on digital asset regulations amid SEC crackdown

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[ad_1] The House Financial Services Committee will hear testimony from five key blockchain industry figures on June 13 as the U.S. government grapples with how to address an increasingly urgent regulatory problem. The hearing, titled “The Future of Digital Assets: Providing Clarity for the Digital Asset Ecosystem,” features testimonies from Circle CEO Jeremy Allaire, former…

Elliptic analysis reveals over $100M stolen from Atomic Wallet

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