Category: Latest news

[ad_1] Binance.US’s parent company’s request for a protective order on Aug. 14 to prevent securities regulators from making excessive demands may be on shaky grounds, according to one former official. In its original filing, BAM complained that the Securities and Exchange Commission (SEC) demanded excessive information and depositions of numerous employees. As such, BAM aimed…

Ripple files opposition to SEC’s expected appeal

Aug 17, 2023

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[ad_1] Ripple submitted a filing on Aug. 16 expressing opposition to an interlocutory appeal expected from the U.S. Securities and Exchange Commission (SEC). The SEC accused Ripple and two of its members in December 2020 of breaking security regulations through the sale of the XRP token. Ripple gained a summary judgment in that case on…

Cleveland Fed nowcasts signal escalating inflation pressures, crypto market bracing for impact

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[ad_1] Quick Take The Federal Reserve Bank of Cleveland’s innovative approach to analyzing inflation presents a concerning picture. Utilizing its inflation nowcasting tool, the Bank provides daily nowcasts for two pivotal price indexes – the price index for Personal Consumption Expenditures (PCE) and the Consumer Price Index (CPI). According to the Bank’s August data, the…

CFTC Chair Rostin Behnam weighs in on crypto regulations

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[ad_1] Rostin Behnam, Chairman of the U.S. Commodity Futures Trading Commission (CFTC), emphasized the necessity for a clear regulatory framework in the burgeoning cryptocurrency market during a recent podcast interview with the Intercontinental Exchange (ICE) Aug. 14. Expressing concerns about the industry’s current ambiguity and vulnerability to potential fraud and manipulation, Behnam stated, “The market…

Russian turmoil fuels unprecedented USDT/RUB trade volume surge

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[ad_1] Quick Take The USDT/RUB trading pair has seen a significant surge in volume, according to data from The Block. This uptick reflects the heightened market activity surrounding a turbulent period in Russia. The total daily ruble volume for USDT/RUB hit a year-to-date high, with volumes spiking to nearly $10 million on Aug. 14 and…

Valkyrie files for Ethereum futures ETF

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[ad_1] Valkyrie Investments has filed for an Ethereum futures exchange-traded fund (ETF), as seen in a U.S. Securities and Exchange Commission (SEC) filing on Aug. 16. According to that filing, nearly all of the fund’s assets will be invested in exchange-traded Ethereum futures, while a small portion will be invested in collateral investments such as…

First Digital USD soars on Binance as overall stablecoin market sinks to two-year low

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Ledger partners with PayPal to provide crypto access for U.S. customers

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[ad_1] Ledger has announced its integration with global payment giant PayPal. This collaboration aims to provide users with a seamless and secure platform to explore the world of digital currencies. The integration allows U.S. users, in compliance with state laws, to directly purchase cryptocurrencies such as Bitcoin (BTC), Ethereum (ETH), Bitcoin Cash (BCH), and Litecoin…

What does it mean for Bitcoin?

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