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Crypto.com accused of proprietary trading

Crypto.com has been accused of having internal teams engaged in trading activities for the company's financial gain. Anonymous sources told the Financial Times that...

Binance.US, SEC reach temporary agreement on assets access

On June 16, Binance.US and the U.S. Securities and Exchange Commission (SEC) came to a temporary agreement to restrict access to customer funds. The agreement,...

Crypto investors turn to presale opportunities as coin prices crash

Crypto prices collapsed this week following the U.S. Federal Reserve's latest monetary policy announcement and the U.S. Securities and Exchange Commission's lawsuit against Binance...

Hong Kong urges banks to embrace crypto exchanges

The Hong Kong Monetary Authority (HKMA), the city's banking regulator, is actively urging major financial institutions such as HSBC, Standard Chartered and Bank of...

Regulatory storm brewing for crypto industry despite moment of clarity

Several crypto companies have expressed concerns over the lack of clear guidelines regarding the rules they should adhere to. However, the U.S. Securities and...

Andreessen Horowitz to open London office amid crypto crackdown in US

Andreessen Horowitz is expanding its global presence by opening its first office outside of the U.S. in London after over a decade. According to the...

Bitcoin whales ignore price drop to accumulate 57,578 BTC

Despite a 10 percent drop in Bitcoin price since April, a recent analysis by Santiment revealed that Bitcoin whales had acquired an impressive 57,578...

BEUC submits complaint to EU regarding misleading crypto ads

The European Commission has received a complaint from the European Consumer Organisation (BEUC), accusing popular social media of allowing misleading promotions of cryptocurrency. BEUC, Europe's...

SEC urges crypto industry to comply with existing regulations

U.S. Securities and Exchange Commission (SEC) chair Gary Gensler reaffirmed his stance on cryptocurrencies, saying they should be considered investment contracts subject to appropriate...

SEC lawsuits classify 67 cryptocurrencies as securities

The U.S. Securities and Exchange Commission (SEC) has added more cryptocurrencies to its list of securities, totaling around 67, after taking legal action against...
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