regulatory uncertainty
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Ripple Reports Recent Setbacks in SEC Lawsuit Over XRP
On April 29th, Ripple reported that the US SEC had recently encountered setbacks in its lawsuit against the payment company, after accusing XRP of being an unregistered security. R
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Binance. US Terminates Asset Purchase Agreement with Voyager Digital Due to Regulatory Uncertainty
According to reports, Binance. US has announced its decision to terminate its asset purchase agreement with Voyager Digital, citing \”the hostile and uncertain regulatory environmen
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BTC Trading Volume Hits One-Month Low
According to reports, data shows that the average trading volume of BTC has just reached a 1-month low of $76133.03 in the past hour (7d MA).
BTC average trading volume hit a 1-mon -
Coinbase CEO Brian Armstrong Sells Over $1.8M in Stock Amid SEC Investigation
According to reports, Whale Wire, an online monitoring data platform, tweeted that the latest data shows that Brian Armstrong, CEO of Coinbase, has sold over $1.8 million worth of
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ZA Bank To Offer Crypto To Fiat Exchange Services – CEO Confirms
On April 12th, Ronald IU, CEO of ZA Bank in Hong Kong, stated in an interview on Tuesday that ZA Bank will provide cryptocurrency to fiat currency exchange services through license
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Cryptocurrency Derivatives Exchange dYdX Withdraws From Canadian Market
According to reports, the cryptocurrency derivatives exchange dYdX has announced its withdrawal from the Canadian market. DYdX stated that it will stop recruiting new users in Cana
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Coinbase and Ava Labs Appoint New Overseas Leaders to Explore Emerging Markets
According to reports, several encryption companies, including Coinbase and Immutable, chose to expand their executive teams in March of this year. In addition, due to regulatory un
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BTC Rises by 17% in Two Weeks as Major Tokens Experience Multi-Day Decline
According to reports, BTC has risen by more than 17% in the past two weeks, with prices briefly exceeding $29000 on Thursday, before falling back to around $28500. Major tokens suc
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Encryption platform Anchorage Digital layoffs 20%
It is reported that the encryption platform Anchorage Digital will lay off about 20%, or 75 people. The institutional encryption platform and parent company of Anchorage Digital Bank, the first federal chartered encryption bank in the United States, told Bloomberg that the uncertainty of US regulation played a role in its layoff decision. Interpretation of this information: Anchorage Digital, an institutional encryption platform and parent company of the first federal chartered encryption bank in the US, has announced that it will lay off about 20% or 75 people. The reason…
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Aave’s proposal to cancel the BUSD stable currency loan was supported by the DAO members
It is reported that members of the Aave Decentralized Autonomous Organization (DAO) supported the cancellation of the loan of Binance’s BUSD stable currency with overwhelming advantages. The proposal aims to significantly increase the cost of borrowing BUSD and reduce the accrued income of its lenders. These actions are intended to curb the use of BUSD. At the time of voting, more and more market participants abandoned BUSD under the circumstances of regulatory uncertainty. Zeller, the author of the proposal, wrote in the proposal that the circulation supply of BUSD will…
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Voyager: VGX is not classified as a security, and the delayed transaction with Binance US resulted in a monthly loss of US $10 million
It is reported that according to the latest court documents submitted by the encryption lender Voyager Digital, Voyager denied the SEC’s allegation that “its native Token VGX belongs to securities”, and said that the delay in the transaction with Binance US due to the event would cause Voyager to lose about US $10 million per month. Interpretation of this information: The latest court filings from Voyager Digital reveal that the company is denying the Securities and Exchange Commission’s (SEC) allegation that its token VGX represents securities. This comes as good…