Coinbase Disputes SEC’s Allegation That the Exchange Lists 9 Crypto Securities
Nasdaq-listed crypto exchange Coinbase has disputed the allegation by the U.S. Securities and Exchange Commission (SEC) that nine of the crypto assets traded on its platform are securities. The company’s chief legal officer stressed: “Coinbase does not list securities. End of story.” Coinbase Insists It Does Not List Crypto Asset Securities The U.S. Securities and…
Bibox Buys 100% Share of Decentralized Exchange Dex.top
Bibox, a Chinese digital asset exchange, has acquired 100 percent of shares in Dex.top, a decentralized ERC20 exchange that also operates from Beijing. Officials refused to discuss the price of the deal, saying it was “private.” Bibox, which handles $236 million of trading volume daily, said Dex.top will help expand its product offering. Also read: U.K.…
CFTC Commissioner Says US Regulators Should Issue Clear Guidance Before Punishing Crypto Firms: Report
U.S. regulators should issue clear guidance on how crypto rules will be enforced before punishing firms for not following them, Dawn Stump of the U.S. Commodity Futures Trading Commission (CFTC) said in an interview with the Financial Times. Stump, a commissioner of the derivative market watchdog, said that it is commonplace for the regulator to…
Facebook’s Cryptocurrency Is a Nail in the Coffin for ‘Blockchain Not Bitcoin’
Edan Yago is the founder of CementDAO, an effort to bring together stablecoins into a unified ecosystem. The views expressed here are his own. With the announcement of Libra, cryptocurrency has entered the big leagues. Facebook’s entry into this market means every single company now has to take cryptocurrency seriously. Companies around the world are…
Ghanaian Startup Bitsika Africa Processed $40 Million in Crypto Remittances in 2020, up 3,900%...
Bitsika Africa, a crypto startup operating out of Ghana and Nigeria, said Monday that it processed almost $40 million in remittances in 2020, up from just under $1 million the previous year. Founder and chief executive officer Atsu Davoh said that deposits accounted for $18.87 million of the total volume, with payouts making up $17.89…
Crypto Trading Platform Enclave Seeks to Encourage Safer Markets Through Dark Pools
The institutional product currently supports trading of bitcoin, ether, Avalanche’s AAVE, and Circle’s USD Coin, with more to be added.
Can Crypto Buy a Seat in Congress?
A mountain of crypto riches can’t automatically purchase a seat in Congress. But, for many campaigns winding their way toward the U.S. midterm election next month, it certainly doesn’t hurt.
Binance Coin (BNB) Struggles To Break Above $335; Here Is What To Expect
BNB’s price shows strength as it continues its rally, with eyes set on breaking its major resistance of $335, stopping the price from increasing. BNB could rally more as the price creates a bullish bias and holds above resistance. BNB’s price remains strong on the daily timeframes as the price trades above the 50 and…
Bitcoin Might, in Fact, Be the Great ‘Equalizer’
A new global survey drills in on the perception of Bitcoin around the world, and the findings appear to be generally optimistic for global equity.
Leader to Watch: Elena Giralt Talks Zcash and Feminism
CoinDesk reporter Leigh Cuen is joined by Elena Giralt, the Electric Coin Company’s product marketing associate known for her research on cryptocurrency usage in Latin America, to talk about how digital assets can subvert power dynamics.
