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Binance to Withdraw From Canadian Market Due to Regulatory Climate

Binance to Withdraw From Canadian Market Due to Regulatory ClimateBinance, the world’s largest cryptocurrency exchange by trading volume, announced on Friday that it is “proactively withdrawing from the Canadian market.” The company thanked the regulators who worked with them and said that the Canadian market was “small.” Binance Bows Out of Canada Due to Regulatory Guidance The cryptocurrency exchange Binance has decided to withdraw […]

SEC authorizes NYSE to trade Bitwise’s hybrid Bitcoin-Ethereum ETF

Coinbase Files Legal Action Against SEC Over Lack of Regulatory Clarity

Coinbase Files Legal Action Against SEC Over Lack of Regulatory ClarityOn April 24, 2023, Coinbase announced that it had filed an action in federal court requesting the U.S. Securities and Exchange Commission (SEC) to respond to their petition. The petition, submitted in July 2022, requested the commission to propose and adopt rules governing the regulation of digital assets. Coinbase Requests SEC to Respond to Petition […]

SEC authorizes NYSE to trade Bitwise’s hybrid Bitcoin-Ethereum ETF

Report: Paypal Puts Stablecoin Plans on Hold as US Regulators Crack Down on Crypto Industry

Report: Paypal Puts Stablecoin Plans on Hold as US Regulators Crack Down on Crypto IndustryDuring the first week of 2023, payment service giant Paypal said it was exploring the launch of a stablecoin. At the time, an executive at Paypal stated that if the company moved forward, it would work closely with financial regulators. However, on Feb. 10, a source noted that Paypal has put the concept on hold […]

SEC authorizes NYSE to trade Bitwise’s hybrid Bitcoin-Ethereum ETF