Hong Kong stablecoin trading for retail investors barred until regulatory framework launch

Hong Kong prohibits retail stablecoin trading until 2024 due to concerns about safety and redemption risks, pending the establishment of a regulatory framework. […] Read More… The post Hong Kong stablecoin trading for retail investors barred until regulatory framework launch appeared first on CoinGeek.

Binance CEO CZ Faces Brazilian Prosecution Over Congressional Grilling!

The post Binance CEO CZ Faces Brazilian Prosecution Over Congressional Grilling! appeared first on Coinpedia Fintech News A Brazilian congressional committee has recommended the indictment of Binance CEO Changpeng “CZ” Zhao and three other executives, accusing them of fraudulent management practices, operating without sufficient authorization, and offering securities trading without authorization. The committee’s report also […]

HBAR hits key hurdle – Will sellers re-enter the market? 

HBAR faced overhead obstacles at $0.0480 and $0.0520. Price rejections at these hurdles could present shorting gains.

Bitfinex parent company looking to buyback 15M shares at $1.7B valuation

Hong Kong’s iFinex Inc., the parent company of cryptocurrency exchange Bitfinex, has proposed a $150 million share buyback, Bloomberg News reported Oct. 10. The move is seen as an effort to consolidate its private operations amidst increasing regulatory oversight in the cryptocurrency industry. Share buyback iFinex, which has shared board members with the well-known stablecoin […]

Bitcoin Dominates 2023: Surges Past Stocks And Bonds With 63% YTD Growth

Bitcoin (BTC), the world’s leading cryptocurrency, continues to face challenges in reclaiming the $28,000 level amid rising US treasury yields, a stronger dollar, and geopolitical uncertainties.  However, according to a report by the digital asset research firm Reflexivity, despite these obstacles, Bitcoin remains the standout performer among asset classes in 2023, with an impressive year-to-date […]

Hamas Reportedly Used Crypto to Finance Attacks; Israeli Officials Freeze Assets on Binance

Summary Hamas used Binance to fund its attacks on Israel, the exchange says it fully cooperates. Palestinian accounts are unaffected, only those directly linked to terror organisations. Hamas is officially designated a terrorist group, requiring all financial institutions and crypto exchanges to comply with authorities. Binance faces its own legal challenges in several jurisdictions. As […]

Brazilian Congress puts Binance CEO CZ in crosshairs for indictment

A congressional committee has recommended that Changpeng Zhao and three local Binance executives be indicted for fraud and other financial crimes.

State Regulators Back SEC in Coinbase Lawsuit

NASAA files brief supporting SEC position that digital assets on Coinbase are securities and rejects bid to narrow Howey test.

Are Cardano (ADA) and Ethereum (ETH) in Trouble After This Bitcoin Update?

Whole shape of cryptocurrency market might change if BitVM ends up being successful

Shiba Inu’s Shibarium and BONE Listed on Prominent Turkish Crypto Platform

Shibarium and BONE achieve integration and listing within big Turkish crypto platform