June 30 (Reuters) – Exchange operator Cboe on Friday refiled an application with the U.S.
securities regulator to launch a bitcoin exchange-traded fund by asset manager Fidelity, saying it would work with global crypto exchange Coinbase to prevent any market manipulation in the process.
NEW YORK, June 16 (Reuters) – A top U.S.
Securities and Exchange Commission (SEC) official on Friday rejected criticism of the regulator’s cryptocurrency crackdown and slammed the sector for violating securities laws.
About 48% of respondents in a survey this year of 549 international professional investors by TrackInsight, J.P.
Morgan Asset Management and State Street said they would consider investing in single-cryptocurrency exchange-traded products, versus 37% who were interested in investing directly.
OKX Middle East said on Thursday it had received a preparatory licence from Dubai’s regulator, a first step towards securing an operating licence that would allow it to serve institutional clients and investors.
June 8 (Reuters) – The U.S.
affiliate of Binance said it was halting dollar deposits and gave customers until Tuesday to withdraw their dollar funds, after the U.S. securities regulator asked a court to freeze its assets.
The lawsuits against Binance and Coinbase Global have increased fears the crypto market’s ordeal could be prolonged further after the sector was battered by a string of meltdowns including the bankruptcy of FTX, Binance’s biggest competitor, last year.
Zhao and Binance had “free reign” to handle Binance.US assets, the SEC said.
“They have exercised this control over U.S. investor assets with no oversight or controls to ensure that those assets are properly secured,” it added.
Binance said it intends to defend itself “vigorously” against the SEC’s charges. Last week, the U.S.
Securities and Exchange Commission (SEC) sued Binance, its founder Changpeng Zhao, and the operator of its purportedly independent U.S.
NEW YORK/LONDON June 9 (Reuters) – U.S.
shares struck new highs for the year on Friday, setting world stocks up for gains for the week, as rising bets that the Federal Reserve will skip a rate hike next week overshadowed worries about U.S. markets being drained of cash.
Binance disputes the SEC charges. The reported investigation follows various setbacks for Binance including a June 5 decision by the U.S.
Securities and 期货交易 Exchange Commission (SEC) to charge the company with evading securities laws.
France is also probing Binance, which has decided to quit the Dutch market because it was unable to meet registration requirements to operate as a virtual asset service provider.
However, surprise rate rises this week from central banks in Canada and Australia – which were both early pausers – have many analysts warning that the market may have grown complacent.
The London office, set to open later this year, will work with universities in the UK and support the development of blockchain technologies and startups, the company said in a statement, adding that it will be led by one of the firm’s general partners, Sriram Krishnan.
Last year, Nigeria’s SEC published a set of regulations for digital assets, signalling Africa’s most populous country was trying to find a middle ground between an outright ban on crypto assets and their unregulated use.
The original crypto coin has leapt 20% to two-month highs at $30,182 over the past 11 days after BlackRock, the world’s largest asset manager, revealed hopes for a spot bitcoin exchange-traded fund (ETF) in the United States.
But the judge agreed with prosecutors that the theory, known as ‘right to control’, did not apply to Bankman-Fried.