regulatory crackdown
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The US regulatory crackdown and its impact on the USD Coin value
According to reports, Jeremy Allaire, the CEO of Circle, stated in a recent interview that the crackdown on cryptocurrencies by US regulators was the main factor contributing to th
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Introduction
According to reports, the market shows that BTC has fallen below $27000 and is currently trading at $26982.0, with a daily decline of 2.21%. The market is highly volatile, so pleas
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Understanding the Recent Dip in the A-Share Market: What you Need to Know
According to news, the A-share market closed at 3264.87 points on the Shanghai Composite Index, down 0.32%, while the Shenzhen Composite Index closed at 11149.01 points, down 1.48%
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A-Share Market Sees Sharp Decline: Understanding the Blockchain and Digital Currency Sectors
According to the news, the A-share market closed at 3301.26, with the Shanghai Composite Index falling 1.95%, the Shenzhen Composite Index closing at 11450.43, with a decrease of 2
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Catherine Coley Hires James McDonald as Attorney in Response to CFTC Investigation
According to reports, people familiar with the matter disclosed that Catherine Coley, the former CEO of Binance. US, has hired James McDonald, the founder of Sullivan&Cromwell, who
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The Case of Coin An: Unpacking the Volatile Net Outflows
On March 28th, according to Nansen data, the net outflow of Coin An in the past 24 hours was approximately $852 million. On December 13, last year, Coin An handled a net outflow of
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Coin On Loses Funds After CFTC Lawsuit According to On-Chain Data Analysis
According to reports, the on-chain data disclosed by the encrypted data platform Arkham Intelligence shows that after the United States Commodity Futures Trading Commission (CFTC)
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CNBC host: If the US SEC attacks all stable currencies supported by US dollars, more than US $100 billion will be forced to withdraw from the market or turn to other encryption assets
According to reports, Ran Neuner, the host of CNBC, said on social media that if the US Securities and Exchange Commission attacked all stable currencies supported by US dollars, more than US $100 billion would be forced to withdraw from the market or turn to other encrypted assets. Investors may not withdraw, so funds may flow into Bitcoin and Ethereum, causing a huge surge. When they attack us, it makes us stronger. Interpretation of this information: The message here is that if the US SEC were to target all stablecoins…
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CZ: Binance is not a stable currency issuer, and BUSD is not a good business for us
According to reports, CZ said in the official Twitter Space of Binance that after the US regulatory crackdown, the cryptocurrency industry may move away from the stable currency linked to the US dollar and even re-examine the algorithm equivalent. At present, there is great pressure on the stable currency, which will narrow the dollar stable currency market, so the industry is exploring other options. We will see more stable currencies based on the euro, yen and Singapore dollar. The regulatory crackdown on the stable currency by regulators was partly caused…
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Matrixport Research Director: The regulatory crackdown on the BUSD issuer Paxos is not aimed at all stable currencies
On February 14, Markus Thielen, the research director of Matrixport, a crypto financial service company, believed that the recent regulatory crackdown on the BUSD issuer Paxos and the review of its Binance USD were not aimed at all stable currencies, which may be due to the lack of strict regulation of the issuer Paxos on tokens. Interpretation of this information: Markus Thielen, the research director of Matrixport, a crypto financial service company, has shared his insights regarding the regulatory crackdown on BUSD issuer Paxos and the review of its Binance…