On Monday, the largest cryptocurrency exchange in the United States, Coinbase, sued the Securities and Exchange Commission (SEC), a prominent financial watchdog. Its chief executive minted an NFT and urged the crypto community to “Stand With Crypto” while the exchange pursues legal action to clarify regulatory requirements. Coinbase CEO Brian
Crypto exchange Coinbase initiated a solid move against the U.S. Securities and Exchange Commission (SEC). On Monday, the exchange sued SEC, urging the court to compel the regulator to respond to its rulemaking petition. Paul Grewal, Chief Legal Officer at Coinbase, tweeted: “The SEC is required by law to respond
FalconX, a crypto trading platform originating in San Francisco, is inculcating the power of OpenAI’s ChatGPT into crypto trading. The concept of bots is not new to the cryptocurrency market. But AI helping traders is a new initiative, as this may require many codes to be fed to the machine.
Bybit is actively advocating for stricter regulations, and it expects its users to do the same. The terms of service for the exchange stipulate that by May 8th, 2023, all users of the exchange’s services must have passed the basic Know-Your-Customers (KYC) process on the trading platform. Moreover, existing users
Dogecoin (DOGE) and RenQ Finance (RENQ) are two very different cryptocurrencies, with different use cases, investor bases, and price movements. While DOGE has gained immense popularity due to its meme-like nature and backing from Elon Musk, RENQ has been gaining attention from investors due to its unique approach to decentralized
Since breaking above $30,000 earlier this month for the first time since June 2022, Bitcoin (BTC) has lost momentum and reached a nearly four-week low. On Monday, the largest cryptocurrency showed little change after dropping as much as 1.9% to $26,989. Also, the price of Bitcoin fell below $27,000 for
Visa, one of the leading digital payment companies in the world, has looked to increase its reach across the digital payment landscape via a new ambitious crypto product roadmap. On Monday, Cuy Sheffield, the Visa head of crypto, stated that the company is aiming for a further push into mainstream
According to reports, the cryptocurrency market faces increased scrutiny from regulators worldwide. The US SEC has been particularly active in regulating the market. And also their pressure on regulations is now impacting the crypto market. This has led to uncertainty among investors and caused the market to fluctuate. The SEC
On Monday, OKX, a cryptocurrency exchange, revealed the results of a special polling event organized to choose which meme currencies will be listed. The crypto exchange will add support for ArbDoge AI (AIDOGE) and Bone ShibaSwap (BONE) based on the results of a vote. #OKX Memecoins: 🥁 Votes have been
The South Korean Court has decided that Terra Classic (LUNC), the rebranded native token of the Terra network that spectacularly collapsed last year, is not a security. Apparently, the Seoul Southern District Court found once again on February 16 that “it is difficult to see LUNC as a financial investment
