Regulation
Genesis Bankruptcy Judge Extends Mediation Period Between Genesis, Creditors
The insolvent lender will now have until August 2 to submit a plan to emerge from bankruptcy.
Coinbase Shares Slump After SEC Files Suit Against Company
Major shareholders include Vanguard Group, Cathie Wood’s ARK Invest, Nikko Asset Management, Fidelity and BlackRock.
Binance Lawsuit Could Be ‘Huge Mistake’ or Bring Needed Clarity to U.S. Crypto Industry
The SEC brought 13 charges against Binance, alleging the exchange violated federal securities laws.
Coinbase Shares Drop 10% Following SEC’s Suit Against Binance
Bitcoin (BTC) dropped below the $26,000 mark, while the shares of bitcoin mining stocks fell as well.
Privacy Concerns Dominate CBDC Discussion at Consensus 2023
Some Consensus 2023 participants argue that the economic benefits of CBDCs are not worth the threats to privacy in an excerpt from CoinDesk’s first-ever Consensus @ Consensus Report.
Binance Hands Rising Star Teng Key Role to Replace CEO Zhao at Largest Crypto Exchange
Taking an expanded role overseeing regional markets outside the U.S., former regulator Richard Teng wants to demonstrate Binance is “a new organization.”
Justin Sun Predicts Huobi May Get Hong Kong License in 6 to 12 Months
He says other exchanges, including OKX, Gate.io, Bitget and ByBit might also apply for a license.
Bitcoin Miners Gain Support From Texas With Two Bills Passed, One Halted
Two bills that seem to embrace mining have been sent to the governor, whereas one that would adversely affect miners was stopped at the committee stage.
Welcome, Crypto, to the Fiery Cauldron of U.S. Presidential Politics
Before the push for the White House really gets rolling, digital assets – including bitcoins and CBDCs – are being hefted as ideological effigies, but will it matter?
Team Behind Offshore Yuan, Hong Kong Dollar Stablecoins Detained by Chinese Police: Report
Earlier this year KuCoin closed a $10 million funding round into CNHC.
