|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Cryptocurrency News Articles
Tether (USDT): Is the largest stablecoin in the world still legal in the EU from 2025?
Jul 16, 2024 at 09:27 pm
The crypto law MiCA (Markets in Crypto Assets) regulates who in the EU is allowed to offer which stablecoins and under which conditions.
Cryptocurrency exchange Binance is facing increasing pressure from regulators around the world. After being banned from operating in the UK, Binance is now facing a potential class-action lawsuit in the US over allegations of fraud and selling unregistered securities.
The lawsuit, filed in California federal court, alleges that Binance engaged in a "massive fraud" by selling unregistered securities, including its own cryptocurrency, BNB. The plaintiffs, who claim to have lost millions of dollars, also accuse Binance of making false and misleading statements about its platform and cryptocurrencies.
Binance has come under fire in recent months for its lack of regulation and transparency. The exchange is not licensed to operate in the US, and it has been accused of facilitating money laundering and other illicit activities.
In March, the Securities and Exchange Commission (SEC) launched an investigation into Binance's role in the collapse of the Terra ecosystem. The SEC is reportedly looking into whether Binance sold unregistered securities, such as LUNA and UST, to US customers.
Binance has denied any wrongdoing, and the exchange is cooperating with regulators. However, the increasing pressure from regulators could eventually force Binance to change its business practices or leave the US market altogether.
Here are some key points from the lawsuit against Binance:
The plaintiffs allege that Binance sold unregistered securities, including its own cryptocurrency, BNB.
The plaintiffs claim to have lost millions of dollars due to Binance's alleged fraud.
The lawsuit accuses Binance of making false and misleading statements about its platform and cryptocurrencies.
Binance is not licensed to operate in the US, and it has been accused of facilitating money laundering and other illicit activities.
The SEC is reportedly investigating Binance's role in the collapse of the Terra ecosystem and whether the exchange sold unregistered securities to US customers.
Binance has denied any wrongdoing and is cooperating with regulators.
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.
-
- Ally Invest vs SoFi Invest: A Comprehensive Comparison for 2023
- Sep 24, 2024 at 08:20 pm
- In recent years, technology has radically transformed the landscape of personal finance and investment management, bringing a plethora of platforms to choose from.
-
- Solana (SOL) Price Prediction 2024, 2025-2030
- Sep 24, 2024 at 08:20 pm
- Are you wondering about the future of Solana (SOL) and its price potential in the coming years? In this article, we will delve into the price predictions for Solana in 2024, 2025, and beyond.
-
- Top Altcoins to Buy This Bull Run: CKB Network (CKB), SUI (SUI), Cat in a Dogs World (MEW)
- Sep 24, 2024 at 08:20 pm
- The underlying sentiments signal an upcoming altcoin season as the cryptocurrency market is rising towards its 2021 high of $3 trillion mark.
-
- StepN Go and Adidas Genesis Sneakers Collection Combines Fitness and Digital Fashion in Web3 Space
- Sep 24, 2024 at 08:20 pm
- The latest collection of non-fungible token sneakers (NFT) called Genesis, the result of a collaboration between StepN Go and Adidas has just been launched.
-
- NVIDIA Unveils Llama 3.1-Nemotron-51B: A Leap in Accuracy and Efficiency
- Sep 24, 2024 at 08:20 pm
- NVIDIA's Llama 3.1-Nemotron-51B sets new benchmarks in AI with superior accuracy and efficiency, enabling high workloads on a single GPU.
-
- Polymarket Eyes $50M Funding Round, Considers Launching Token as Crypto Market Recovers
- Sep 24, 2024 at 08:20 pm
- Polymarket, a decentralized prediction market platform, is reportedly seeking to secure $50 million in a new funding round and is considering launching its own token.
-
- Bitcoin Activist Samson Mow Pushes Japan to Add BTC to Its Gold Reserve
- Sep 24, 2024 at 08:20 pm
- The famous Bitcoin activist from Asia and the current CEO of JAN3, Samson Mow, has encouraged the Japanese government to buy 167,000 BTC tokens.
-
- Historical RSI Patterns Hint at a Potential Altcoin Season, Signaling Significant Upward Movement
- Sep 24, 2024 at 08:20 pm
- Analysts predict altcoins are primed for a breakout as Bitcoin dominance weakens.
-
- CoinEx VIP Program: Pioneering a New Era in Crypto Trading
- Sep 24, 2024 at 08:10 pm
- In the global cryptocurrency trading landscape, CoinEx stands out with its professional services and user-friendly approach.