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The Latest Breaking News on Crypto

NEW YORK: The American branch of Binance, the giant cryptocurrency exchange, said late Thursday that it would no longer allow customers to trade on its platform using United States dollars, after its banking partners cut the firm off in response to a crackdown by federal regulators.

Bangkok Post

Binance.US prepares to suspend US dollar deposits and withdrawals from exchange

Company tells customers to withdraw their US dollars days after US regulators sued the company and its founder

The Guardian - UK

Ethical investment platform Circa5000 considering becoming a public company after first taste of London Stock Exchange

The business is expected to break even by the end of 2024 or early 2025

Birmingham Post

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NBTC mulls regulation of OTT platforms

The chairman of the National Broadcasting and Telecommunications Commission (NBTC) is considering the possible supervision of over-the-top (OTT) platforms in Thailand.

Bangkok Post

Coinbase CEO’s War Cry After SEC Sues Crypto Exchange: ‘We’ll Get The Job Done’

Coinbase (NASDAQ: COIN) CEO Brian Armstrong is holding firm Tuesday in a legal battle with the SEC.

Zenger

Jack Dorsey Says Coinbase Should Stick To Bitcoin, Ditch Altcoins, And Of Course Elon Musk ‘Doges’ In

The U.S. Securities and Exchange Commission alleges that Binance and Coinbase Global violated various securities rules.

Zenger

Israel Poised To Release World’s First Digital Government Bond

The Tel Aviv Stock Exchange (TASE) and Israel’s Finance Ministry prepare for a digital Israel Bond traded on blockchain platform.

Zenger

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Gen Z Investors Start Surprisingly Early, Prefer Crypto to Stocks

Gen Z has developed its own unique investing behaviors that reflect its status as the first truly "digital native" generation.

Kiplinger

How PIF's seismic golf and football deals could impact Newcastle amid Eddie Howe warning

Newcastle manager Eddie Howe already knows his transfer budget for this summer ahead of their Champions League return but PIF's domestic football investment could lead to longer-term complications

Daily Mirror

Crypto ads will need to carry risk warnings under new UK rules

From October, firms will also have to offer new buyers a ‘cooling off’ period before they invest

The Guardian - UK

Crackdown on firms marketing cryptoassets to be introduced by City regulator

Crypto firms will also have to place appropriate risk warnings in marketing, and a cooling-off period will be introduced under the plans.

The Independent UK

Kim Kardashian’s Bid To Dismiss EthereumMax Lawsuit Rejected Over ‘Literally False’ Promotions

The TV reality star settled in 2021 for $1.26 million after she broke the rules promote EMAX after she was paid $250,000 to post.

Zenger

'I dressed like a kid to go undercover in the crypto world and sold a dog photo as an NFT for $20k'

Award-winning journalist Ian Halperin went undercover to lift the lid on the mysterious world of cryptocurrency finding out shocking details about the scale of deaths among the new crypto millionaires

Daily Mirror

Tyneside tech firm Boxmodel Digital Media in liquidation with debts of more than £700,000

The firm is being voluntarily wound up after DKF Insolvency Limited was appointed as liquidator last month

Birmingham Post

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The New Daily

Jenny Craig to cease trading, employees made redundant

Administrators have been unable to find a buyer for Jenny Craig's physical stores and employees of the Australian and New Zealand business.

Kiplinger

Stock Market Today: Small-Cap Stocks Lead in Low-Volume Session

While the major indexes made modest moves, small caps soared.

Al Jazeera

US SEC sues Coinbase for breaking market rules

The move, a day after it sued Binance and its founder, are part of SEC’s push to assert control over crypto markets.

The Guardian - UK

SEC crypto crackdown: US regulator sues Binance and Coinbase

Securities and Exchange Commission is targeting cryptocurrency firms it thinks are bypassing regulation

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StockNews.com

1 Tech Stock to Own, 2 to Sell

The technology industry appears well-positioned for solid expansion, driven by solid demand for its products and services. Amid this backdrop, it could be wise for investors to buy tech stock, Box (BOX). However, fundamentally weak HIVE Blockchain (HIVE) and Bakkt (BKKT) could be best avoided. Let’s discuss this in detail.

The Guardian - UK

SEC accuses Coinbase cryptocurrency exchange of breaking US regulations

Securities and Exchange Commission sues platform for allegedly operating as unregistered broker

Evening Standard

Binance customers withdraw over £1 billion in 24 hours after SEC lawsuit

The crypto exchance was accused of ‘an extensive web of deception, conflicts of interest, lack of disclosure, and calculated evasion of the law.’

Kiplinger

SEC Sues Coinbase and Binance, World's Two Largest Cryptocurrency Exchanges

The SEC charged leading crypto exchanges Coinbase and Binance with a laundry list of securities law violations, at an already fragile time for the cryptocurrency sector.

Bangkok Post

Mice returns to Asia after long absence

With demand for on-site Mice (meetings, incentives, conferences and exhibitions) activities bouncing back after the pandemic, Asian nations are dusting off exhibition venues and ramping up marketing plans to welcome international visitors once again.

The Guardian - UK

Cryptocurrency exchange Binance hits back at SEC lawsuit, saying allegations ‘simply wrong’ – as it happened

US watchdog SEC says company mixed billions in customer funds and secretly sent them to separate company controlled by CEO Changpeng Zhao

StockNews.com

Is Coinbase Global (COIN) a Tech Stock to Buy Now?

The burgeoning prospects of the global cryptocurrency sector is being clouded by heightened regulatory actions. Hence, would it be wise to buy crypto tech provider Coinbase Global (COIN) now? Let’s look at its key financial metrics to get an idea….

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