SEC Charges Binance, CEO over Illegal Exchanges, Commingling of Client Fund

The Securities and Exchange Commission (SEC) has filed 13 charges against the cryptocurrency exchange, Binance, two affiliated entities and the Founder/CEO Changpeng Zhao. The US securities watchdog accused Binance and Zhao of operating illegal trading platforms, offering unregistered crypto asset securities and commingling customers’ funds. Additionally, it alleged that Binance operated as an exchange, broker-dealer […]

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House Republicans Seek Feedback on New Crypto Regulation Bill

Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. This Friday, Patrick McHenry and Glenn “GT” Thompson, Chairman of the House Financial Services Committee and of the House Committee on Agriculture respectively, published a draft bill aimed at offering greater clarity with regard […]

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Blockchain Association Joins the Fight Against Sanctions on Tornado Cash

Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. This Friday, the Blockchain Association and the DeFi Education Fund filed an amicus brief supporting Coin Center’s lawsuit against the US Treasury’s Office of Foreign Assets Control (OFAC). The lawsuit and the filing pertain […]

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The Monetary Authority of Singapore Demands More Disclosure From Crypto Firms

Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. The Monetary Authority of Singapore (MAS) published a notice earlier this week, asking companies offering crypto-related services to conduct more rigorous customer due diligence. Among other things, the financial watchdog requires more detailed information […]

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China Unveils National Standard For Blockchain Development

Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. According to a recent report, China’s Ministry of Industry and Information Technology (MIIT) recently released a new national standard for the development of blockchain technology. The standard is also aimed at further standardizing the […]

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