Binance US responded to the court’s decision to allow the SEC lawsuit to proceed, expressing confidence in its position and criticizing the SEC’s regulatory approach. “We remain confident in our position that the SEC’s case is unsupported by the facts or the law, and that the Commission lacks the very authority it is seeking to […] Source: https://news.bitcoin.com/binance-us-confident-in-legal-battle-against-sec-as-case-moves-forward/
We do the research, you get the alpha! Get exclusive reports and access to key insights on airdrops, NFTs, and more! Subscribe now to Alpha Reports and up your game! Go to Alpha Reports Asset manager Bitwise submitted an updated registration statement for its proposed spot Ethereum ETF with regulators on Wednesday, disclosing its plans to waive fees. While largely…
The committee is unveiling the standards later in July, culminating a yearslong process. Source: https://cointelegraph.com/news/basel-committee-updates-crypto-rules-banks
Bitcoin’s volatility is compressing, which is a sign that a sharp range expansion is brewing. Source: https://cointelegraph.com/news/bitcoin-trades-in-enthusiastic-phase-as-data-hints-at-upcoming-range-expansion
The committee is unveiling the standards later in July, culminating a yearslong process. Source: https://cointelegraph.com/news/basel-committee-updates-crypto-rules-for-banks
Telegram-based game Notcoin announced that it has partnered with a prominent analytics firm to establish an incubator for the next wave of Telegram games, in the project’s biggest move yet to expand from a viral sensation into a pillar of the exploding ecosystem of crypto-backed mini apps. With the support of Helika, an AI-powered analytics firm, Notcoin will soon launch…
SEC Chair Gary Gensler said that the commission could give final approvals on spot Ether ETFs sometime in summer 2024, while some analysts are predicting as early as July. Source: https://cointelegraph.com/news/bitwise-sec-ethereum-etf-launch-july
The Enforcement Division within South Africa’s Financial Sector Conduct Authority (FSCA) has formed a team to investigate individuals or entities operating crypto financial services without proper licenses. Currently, 30 cases are under scrutiny. The FSCA aims to protect the public and maintain industry fairness by taking decisive action against unlawful crypto businesses. The regulator will […] Source: https://news.bitcoin.com/south-african-regulator-investigates-30-cases-of-unlicensed-crypto-operations/
Softbank Group stocks reached an all-time-high on a market capitalization of $97.2 billion. Source: https://cointelegraph.com/news/softbank-lost-99-dotcom-bubble-burst-artificial-intelligence-ai
The Central Bank of Nigeria warned local financial institutions against rejecting older or lower-denomination U.S. dollar banknotes. The apex bank said it will take strong action against financial institutions that refuse to accept mutilated or overcirculated local currency banknotes. Older U.S. Dollar Banknotes Still Legal Tender The Central Bank of Nigeria (CBN) has informed registered […] Source: https://news.bitcoin.com/nigerian-central-bank-warns-financial-institutions-against-rejecting-old-or-lower-denomination-us-dollars/
