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The Latest Breaking News from Binance

Wall Street's top cop is determined to bring crypto to heel. He just took a big shot

The SEC announced this week a barrage of lawsuits against crypto exchanges Coinbase and Binance. The outcome could help define the future of the cryptocurrency sector.

WEKU

‘It’s not even good for money laundering’: ‘Black Swan’ author Nassim Taleb lashes out at Bitcoin and says it’s ‘transformed into a cult’

Nassim Taleb said crypto was less trustworthy than the Mafia.

Fortune

Binance's U.S. subsidiary pauses dollar deposits in wake of SEC lawsuit, says it's becoming a 'crypto-only exchange'

The SEC sued Binance on Tuesday, alleging 13 counts that included the mishandling of customer funds and offering unregistered securities.

Fortune

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Robinhood to delist tokens for Solana, Cardano, and Polygon after SEC suits name them as securities

SOL, ADA, and MATIC comprised a list of 13 cryptocurrencies the SEC said were securities.

Fortune

Pantera founder Dan Morehead thinks SEC suits against Binance and Coinbase could lead to regulations in event ‘nobody is expecting’

The pair of lawsuits could play a part in leading to more clarity for the industry, he said.

Fortune

US targets Binance and Coinbase – is the government ready to regulate crypto?

Regulators have been confused about whether cryptocurrency is a security or a commodity, but clarity appears imminent

The Guardian - US

First Thing: Donald Trump charged with illegal retention of classified documents

Ex-president to be prosecuted for obstruction and violating Espionage Act over Mar-a-Lago documents. Plus, the doctors helping Republicans attack trans healthcare

The Guardian - UK

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Binance halts trading in US dollars

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

Binance Exec Hits Back At Jim Cramer’s On-Air FTX Comparison: ‘I Hope You Have Some Evidence’

CNBC "Mad Money" host Jim Cramer, came under fire for his criticisms of cryptocurrency exchange platforms Binance and Coinbase

Zenger

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

Solana Foundation finally addresses ‘the elephant in the room’ and denies Solana’s native token is a security

Their denial comes three days after SOL was named as a security in two lawsuits from the SEC.

Fortune

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

Gary Gensler's SEC Cracks Down on Coinbase and Binance

The SEC is suing Coinbase, alleging that it's an unregistered securities broker, after targeting Binance the day before.

Reason

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Fortune

Elizabeth Warren says in letter to DOJ that Binance apparently gave Congress 'false and misleading information'

Warren and another Democratic senator sent a letter to Attorney General Merrick Garland on Wednesday.

Fortune

Gary Gensler offered to serve as informal advisor for Binance, the exchange’s lawyers allege

Gensler has since that Zhao and Binance "engaged in an extensive web of deception."

Fortune

Treasury Secretary Janet Yellen 'very supportive' of SEC using enforcement power against Binance and Coinbase

Yellen said she would still like to see Congress plug the remaining holes in crypto regulation.

Fortune

Two of the richest crypto bros saw nearly $2 billion wiped from their combined net worth

Coinbase CEO Brian Armstrong said he was “disappointed” by the SEC’s actions, arguing they were “not good for America.”

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Fortune

Why Gary Gensler's crusade against crypto could mean the end of Coinbase in the US

The SEC chair's crusade against Coinbase and savvy politicking could mean the end of crypto companies in the U.S.

Fortune

Gensler steals the limelight from House Republicans

Another ambitious crypto bill is stalled by landmark SEC lawsuits against Binance and Coinbase.

France 24

US SEC sues Coinbase amid deepening crackdown on cryptocurrency sector

America's top markets regulator sues Coinbase for operating as an unregistered securities broker a day after filing similar charges against Binance. Chinese exports drop sharply, and the World Bank warns that slow global growth and high interest rates are creating a debt crisis in developing economies.

The Independent UK

Stock market today: Asian stocks mixed as Wall St inches toward bull market

Shares are mixed in Asia after a listless day on Wall Street amid a vacuum of market-moving data

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.

Fortune

Coinbase and Binance each see net outflows of more than $1 billion in 24 hours after SEC suit

Following the Binance suit, the SEC filed a separate lawsuit against Coinbase just one day later.

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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