US Authorities Close In: Binance Expected to Pay Penalties for Regulatory Probes
Major crypto exchange Binance will likely pay monetary penalties to settle current investigations by the US authorities, the Wall Street Journal reported, citing the firm’s chief strategy officer. According to Patrick Hi...
According to Patrick Hillmann, the company is working on patching the compliance gaps and mistakes made earlier in its existence - but it is likely that it will be asked by the regulators to pay the fines nonetheless. ...
Read More: US Authorities Close In: Binance Expected to Pay Penalties for Regulatory Probes
Original source
Read on CryptonewsRelated market context
Bitcoin Trader Says Retail Will Return After A Sudden 20% BTC Candle
TL;DR X trader Cup says Bitcoin may be in a quiet accumulation phase before a larger move. The post claims retail traders could re...
SEC targets 20-year-old rule standing between Wall Street and blockchain trading
The Securities and Exchange Commission (SEC) is moving to dismantle a stock-trading rule that has governed Wall Street for two dec...
SpaceX’s IPO exposes the first crack in tokenized stocks – fragmented ownership and allocation
SpaceX priced its IPO at $135 per share on June 11, raised $75 billion in the largest public offering in history, and opened on Na...
Kraken Prepares CFTC-Regulated Perpetual Futures Launch For US Traders
TL;DR Kraken says it plans to launch CFTC-regulated perpetual futures for eligible US traders within 30 days. Contracts will be li...
Binance Grabs 60% of SpaceX Derivatives Market With $5.6B in Daily Volume
Binance disclosed that it now controls more than 60% of all SpaceX derivatives trading across centralized and decentralized exchan...
SEC Plan to Scrap Rule 611 Could Be the Biggest Regulatory Unlock Yet for Crypto Tokenized US Stocks
The SEC just removed the single biggest legal obstacle standing between Crypto DeFi and US equity markets. On June 11, the agency...