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SEC files temporary restraining order to FREEZE Binance assets

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작성자 Caitlyn 작성일 23-10-09 23:48 조회 3,979 댓글 0

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"The fact that BlackRock, a well-respected and established asset management company, has filed for a Bitcoin ETF could be seen as a positive development in the quest for regulatory approval," said Joshua Chu, group chief risk officer at blockchain technology group XBE, Coinllectibles and Marvion.

Earlier this month, the regulator sued major exchanges Coinbase and Binance in high-profile lawsuits that reverberated through the digital assets industry. (Reporting by Manya Saini in Bengaluru; Editing by Devika Syamnath)



Both companies, along with the now defunct FTX, were key brands in the crypto industry, helping grow what began as a secretive playground for tech geeks into a new way to invest embraced by Wall Street.

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.

Societe Generale's crypto unit, Forge, is licensed as of Tuesday to offer services, including crypto custody, trading and sales, according to the website of France's AMF market regulator.

The news was first reported by crypto outlet CoinDesk.

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LONDON/NEW YORK, June 6 (Reuters) - World shares edged higher on Tuesday as investors mulled whether a recent rally in stocks has legs to run further, while Treasury yields drifted higher as traders pared bets that U.S.

rate cuts are on the horizon given sticky price pressures.



Regulators allege it's been operating outside of the law through a 'web of deception'






Binance is a crypto trading platform which allows users to buy and sell digital assets like Bitcoin. Regulators allege it's been operating outside of the law through a 'web of deception'" class="blkBorder img-share" style="max-width:100%" />
Analysts say prices have also been depressed by regulatory uncertainty, as the SEC is increasingly cracking down on what it sees as a culture of rule-breaking across the industry.

The SEC earlier this month sued major exchanges Coinbase and Binance.

In a speech on Wednesday, Lowe reiterated that some further tightening may still be required to bring inflation to heel, though that would depend on how the economy and inflation evolve.

Per Radomski, the key to identity management are going to be the "preservation and protection of sensitive information," as different networks have "distinct technical methods to trace digital ownership of data.

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.

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Crude oil remained on the back foot after a report that the United States and Iran were close to a nuclear deal, although denials from both parties kept it off the previous session's lows.

U.S.

regulators sued Binance and its CEO Changpeng Zhao on Monday for allegedly operating a "web of deception", piling further pressure on the world's biggest cryptocurrency exchange.





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