Financial Regulators Propose a Rule that Could Shatter Bank’s Interest in Crypto

Financial Regulators Propose a Rule that Could Shatter Bank’s Interest in Crypto

“The financial situation for Banks that have their eye on crypto may have just taken a sharp turn, as the Swiss financial committee says banks should set aside money to protect investors from losses incurred in cryptocurrency holdings. Banks ‘Under Siege’ A committee centered in Basel, made up of a group of financial watchdogs globally,Read More”

Source: BTCMANAGER

US Authorities Investigate Binance for Insider Trading and Market Manipulation: Report

“Binance’s troubles with regulators grow as U.S. authorities are now reportedly investigating the exchange for possible insider trading and market manipulation. The investigation involves the Commodity Futures Trading Commission (CFTC). The Justice Department (DOJ) and the Internal Revenue Service (IRS) have also been investigating Binance on a separate issue. Binance

After Targeting BlockFi, State Regulators Now Set Their Eyes On Celsius

“Earlier this year, crypto lending platform BlockFi started facing the heat from state regulators in New Jersey, Texas, and Alabama. Other states have joined the fold since then, as well. Celsius this week is now facing similar cease and desist demands from all three of the same states that BlockFi