First of all, it was the BSV blockchain space that had the “build” mantra instead of the “hodl” narrative since day one. In Bitcoin SV, we early on warned our readers of the hodl-mentality.
One of the most recognizable digital asset service providers still left standing from a bygone era in crypto, Coinbase was going public at the tail end of a historic run-up in digital assets prices almost across the board.
Binance has of late found itself being called to task by financial regulators in a growing number of jurisdictions, prompting a number of financial institutions to block payments to the site.
Troubled cryptocurrency exchange Binance is furiously promoting its compliance theater efforts but regulators across the globe continue to throw rotten fruit at the stage.
The drastic move comes as a result of the U.K.’s financial regulator, the Financial Conduct Authority, issuing a notice that Binance is not permitted to operate in the country.
Thailand's Securities and Exchange Commission has filed a criminal complaint against Binance, saying the exchange was operating in the country without a license.
Binance came under regulatory fire on three continents in the space of a single weekend, another sign that the enforcement walls are rapidly closing in on the troubled cryptocurrency exchange.
TechLead, aka Patrick Shyu, addressed the great digital currency crash of May 19, focusing on the major losses experienced by individuals who’d gotten into bed with Binance Leveraged Tokens.
As time goes on, we see two things from Tether: more evidence that USDT is unbacked, and an increasing reliance on Tether throughout the industry and beyond it. The month of June has been no exception.
Binance has lost its top bean counter just as regulatory headwinds threaten to blow the troubled cryptocurrency exchange off its pedestal.
While the launch came with much fanfare around Coinbase and the promise of a regulated, compliant central exchange, some notable names in the digital currency sector are flagging serious problems with the company and their offer.