Blackrock’s spot ETF filing and the Securities and Exchange Commission's crackdown on crypto are driving investors toward Bitcoin.
Decentral Block Post
Fear of a digital euro prompts Slovakia to add cash rule to constitution
Slovakia’s parliament passed a measure to amend its constitution to codify the right of its citizens to pay for goods and services with cash.
Lawmakers vs. the SEC vs. Binance: Law Decoded, June 12–19
The SEC doesn’t have it all its own way in a court struggle with Binance.US and faces more media pressure.
UK government moves forward on financial markets bill for potential regulation of crypto
Following a third reading in the House of Lords, the Financial Services and Markets Bill will return to the lower house of the U.K. Parliament for members to consider any changes.
Fed rate pause triggers traders’ pivot to stocks — Will Bitcoin catch up?
U.S. stock markets hit year-to-date highs, the Fed pauses rate hikes, Binance.US and the SEC reach an agreement, but data shows Bitcoin bulls remain somewhat skittish.
Do Kwon gets 4 months in prison in Montenegro on fake passport charges
Terraform Labs founder sentenced to four months in jail after being found guilty of using a false Costa Rican passport.
Hawkish Fed, stocks market rally, and crypto falling behind
Cointelegraph analyst and writer Marcel Pechman explains why the cryptocurrency market has been falling behind the stock market after the Fed’s hawkish stance.
Binance cancels registration in the UK amid regulatory scrutiny
Binance’s deregistration with the FCA did not have an operational impact, as it had never done business in the United Kingdom, a regional manager said.
Hong Kong says Cyberport attracted 150 Web3 firms in a year
The country’s financial secretary says state funding and support have helped draw Web3 innovators to the digital hub.
Do Kwon denies forging passport, blames ‘Chinese' agency: Report
Do Kwon has denied forging travel documentation and refuted having any financial ties to Europe Now party leader Milojko Spajić.
Coinbase blasts SEC for ‘no straight answers’ following court order
The comment from the crypto exchange came after the SEC asked for more time to respond to Coinbase's rulemaking petition.
Web3 Gamer: Apple to fix gaming? SEC hates Metaverse, Logan Paul trolled on Steam
Apple finally makes a play for gamers, SEC takes aim at Metaverse tokens, CryptoZoo trolled on Steam, memestock lord is GameStop’s new CEO.
Binance sends cease and desist notice to Nigerian scammer entity
This comes after the Nigerian Securities and Exchange Commission released a circular stating the illegality of Binance Nigeria Limited in the country.
Binance CEO CZ deems SEC's request for emergency relief unwarranted
Binance CEO Changpeng 'CZ' Zhao has heaved a sigh of relief noting he is pleased the disagreement with SEC is over.
CZ, Powell and more rally to fund legal fees for on-chain sleuth ZachXBT, surpassing $1M
ZachXBT estimates that the legal fees could “easily exceed” $1 million and alleged that MachiBigBrother is “using his money to try” and silence him.
Ripple case is concluding, but the fight for clarity must 'continue' – Brad Garlinghouse
In a video posted to Twitter, Ripple CEO Brad Garlinghouse opined that the U.S. financial watchdog acted in "bad faith, plain and simple." He warned that it is only the beginning of the battle for "so many other" crypto firms.
Gary Gensler’s job at risk, BlackRock’s first spot Bitcoin ETF and other news: Hodler’s Digest, June 11-17
U.S. representative introduces bill to fire SEC’s chief, BlackRock applies for a spot Bitcoin ETF and Binance.US hires top lawyer for upcoming court battles.
US court approves SEC-Binance.US agreement
As per the approved agreement, only Binance.US employees will have access to client funds until the litigation is resolved.
SEC and Binance.US strike a temporary agreement on asset access
Proposed measures include restricting Binance Holdings officials' access to private keys and disclosing business expenses.
On-chain sleuth ZachXBT sued for libel after claiming plaintiff drained funds from project
Plaintiff Jeffrey Huang claims his reputation was damaged when ZachXBT allegedly falsely accused him of embezzlement.