Brian Armstrong, the CEO of Coinbase, hit back at the Securities and Exchange Commission (SEC) yesterday (Wednesday) following the agency’s lawsuit against the exchange, calling its Chair, Gary Gensler an “outlier.” Coinbase’s CEO Attacks SEC’s Chair “The SEC chair is really an outlier,” said Armstrong, who also dragged the US securities agency to court for […]
Tag: STO
Binance.US Pausing OTC Trading and Delisting More Than 100 Trading Pairs
Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. On June 7th, Binance’s US affiliate—Binance.US—announced it is pausing OTC trading. Additionally, the platform revealed it is delisting a large number of USDT, BTC, and BUSD trading pairs. The decision comes two days after […]
US Court Gives Binance CEO 21 Days to Respond to Summons
Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. This Wednesday, a summons intended for the CEO of Binance, Changpeng Zhao, was filed in the United States District Court for the District of Columbia. The summons is part of a recent SEC lawsuit […]
Crypto Spot Volumes on Centralized Exchanges Hit Lowest since March 2019
The volume of cryptocurrency spot trading on centralized exchanges (CEXs) plunged 21.8% in May to $495 billion, marking the lowest monthly trading volume since March 2019. Also, derivatives trading volumes slumped 15.7% to $1.95 trillion, which is the lowest since December 2022. Crypto Derivatives Market Share Hits Peak These figures are according to new data […]
Circle Secures Digital Token License in Singapore, Tether-backed Volcano Energy Receives $250M Investment and More
In its latest edition of the Stablecoins & CBDCs Report, CCData observed that the stablecoin market shrunk for the 14th consecutive month in May. The digital asset data provider’s Stablecoins report summary highlighted a decline in the niche’s total market capital to $130 billion. The market dominance increased slightly month over month to 11.1% but […]
Kava (KAVA) Defies the Odds: Blooming in Green While DeFi Tokens Bleed Red
The cryptocurrency market is back in the green after going red on Monday and Tuesday, and the total market cap rose 2.9% to $1.168 trillion. The leading cryptocurrency Bitcoin gained 4.3% to now trade at $26,802 while facing significant resistance near the $27,400 level and having support at $26,400. Ether meanwhile jumped 3.2% to now […]
Philippines Postpones Crypto Rules Release to Study FTX Fiasco
The Philippines may have to wait longer to have proper cryptocurrency regulations after the country’s financial regulator postponed the release of a legal framework for the industry. According to a local media report, Emilio Aquino, the Chairman of the Philippines’ Securities and Exchange Commission (SEC), said the postponement of the release of the guidelines was […]
How the Coinbase-SEC Lawsuit Will Change Crypto for the US
Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. This year alone, the SEC filed a complaint against Kraken, Gemini, Paxos, Binance.US, and Coinbase. These platforms comprise the bulk of centralized crypto activity in the United States, making the revelations in Operation Chokepoint […]
SEC on the Offensive, but Binance and Coinbase Are Not the Same
Just one day after the Security and Exchange Commission (SEC) made it known that it was suing the world’s largest crypto exchange Binance, along with its CEO Changpeng Zhao, the regulation agency then went on to sue the largest crypto exchange in the US, Coinbase. The case being presented against Binance and its CEO details […]
Unveiling the Debates and Controversies Surrounding Meme Coins: Dogecoin and Shiba Inu
Memes are common in the cryptocurrency realm, and the emergence of meme currencies has drawn major attention and spurred heated discussions. Within the crypto community and beyond, arguments have centered on two well-known examples: Dogecoin and Shiba Inu. This article explores the ongoing arguments and squabbles around these meme coins. Readers can obtain a thorough […]
