Trading platform Robinhood Markets said the next day that it was delisting three cryptocurrency tokens from its platform that the SEC identified as securities in its lawsuit against Binance.

BRUSSELS, June 23 (Reuters) – Belgium’s FSMA regulator on Friday ordered Binance to cease offering any virtual currency services in the country, adding to pressure on the world’s biggest cryptocurrency exchange.

A user can refer to the exchange platform for others with their referral code, and this enables the user to earn referral rewards. By this, the exchange owner as well as the user benefits from it.

“Some of the most vocal anti-crypto folks are Democrats and some of the most pro-crypto folks have been Republican,” said Carol Rose Goforth, professor of law at the University of Arkansas.

Binance said it would defend itself “vigorously.”

The SEC on June 5 accused Binance and its founder and CEO Changpeng Zhao of creating Binance.US as part of a “web of deception” to evade securities laws aimed at protecting U.S.

investors.

Since then, the digital asset market has seen a high-profile bankruptcy of crypto exchange FTX and lawsuits from the U.S.

securities regulator against Binance and Coinbase Global.

Crude oil edged higher but gains were tempered by a report that the United States and Iran were close to a nuclear deal, although denials from both parties kept it off the previous session’s lows.

It adheres to the best industry practices while offering industry-leading security. High trading volume and liquidity make it possible to enter and close positions with ease at desired price points.

Similarly, Binance is a trusted brand when it comes to cryptocurrency trading.

customer assets remain within the country until a sweeping lawsuit filed by the regulatory agency is resolved. Earlier this month, Binance and its U.S.

affiliate entered an agreement with the Securities and Exchange Commission to ensure U.S.

Binance tied up with Paysafe last year to allow its users to deposit sterling via Faster Payments, a network that oversees payments and bank account transfers in Britain.

“Binance Nigeria Limited is hereby directed to immediately stop soliciting Nigerian investors in any form whatsoever,” the Securities and Exchange Commission (SEC) said in a statement dated June 9.

It said the company was not registered or regulated, making it illegal.

BlackRock, WisdomTree, Invesco and VanEck also submitted paperwork for spot bitcoin ETFs on Cboe BZX, Nasdaq and NYSE Arca, which is owned by Intercontinental Exchange Inc . Fidelity is one of several big asset managers that have applied to list bitcoin ETFs recent weeks.

crypto platform, saying they operated as exchanges without registering with the agency.

(Reporting by Jonathan Stempel in New York; editing by Jonathan Oatis)

This month the SEC sued Binance, the largest crypto platform, and Coinbase, the largest U.S.

June 23 (Reuters) – Bitcoin, the world’s largest cryptocurrency, hit a more than one-year high on Friday, capping a week of gains helped in part by BlackRock’s plans to create a bitcoin exchange-traded fund (ETF) despite heightened U.S.

regulatory scrutiny on the digital asset sector.

According to a Rest of World expert, the Singaporean government invested $275 million in the FTX exchange between the autumn of 2021 and the winter of this year through the state-owned investment vehicle Temasek.

However, this has been made more difficult for exchanges as a result of the Monetary Authority of Singapore’s (MAS) unwillingness to give licenses. Only ten of the hundreds of applications that have been submitted since the licensure statute went into force in January 2020 have been given the green light.

In the meantime, the failure of FTX has very negative repercussions for those living in Singapore.

The SEC expressed concern that the exchange could move those funds offshore. A day later, the SEC asked a federal court to freeze Binance.US’ assets, including more than $2.2 billion held in crypto and some $377 million in U.S.

dollar bank accounts.

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