IMF sounds ‘legal, economic’ alarms over El Salvador’s Bitcoin adoption

Ethereum Reaches New All-Time High, Bitcoin Breaks Above $38,000

“The International Monetary Fund (IMF), a global, intergovernmental economic and financial body, condemned El Salvador’s move to make Bitcoin an official ‘legal tender’ in the country citing economic and legal risks.
The post IMF sounds ‘legal, economic’ alarms over El Salvador’s Bitcoin adoption appeared first on CryptoSlate.”

Source: CryptoSlate

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