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US steps up crackdown on crypto with lawsuits against Coinbase, Binance

The top U.S. securities regulator sued cryptocurrency platform Coinbase on Tuesday, the second lawsuit in two days against a major crypto exchange, in a dramatic escalation of a crackdown on the. | June 6, 2023 ....

United States , New York , Kristin Smith , Leslie Adler , Hannah Lang , Jonathan Stempel , Gary Gensler , Lisa Shumaker , Changpeng Zhao , Kevin Obrien , John Mccrank , Paul Grewal , Ford Obrien Landy , Us Supreme Court , Exchange Commission On , Blockchain Association , Coinbase Global Inc , Exchange Commission , Kevino Brien , Fordo Brien Landy , Securities Act , Beaxy Digital , Bittrex Global , Chair Gensler , Michelle Price , Coinbase Global ,

BBCNEWS World Business Report June 4, 2024 13:31:00

Asset trading platform in the united states coinbase. this comes after they announced they would be suing they announced they would be suing the largest crypto exchange biance, accusing it of engaging in a web of deception by operating an illegal digital asset exchange and sending billions of dollars of customer deposits to a separate trading firm owned by its chief executive. biance said the accusations were misguided and they would defend themselves vigorously. we can speak to our reporter in new york. it feels like you said this, we did this, and they will defend themselves, but it shows how difficult it is to regulate something when technology is moving at such a pace. it is something when technology is moving at such a pace- at such a pace. it is important to take a step at such a pace. it is important to take a step back at such a pace. it is important to take a step back and at such a pace. it is important to take a step back and to - at such a pace. it is important to ....

Exchange Biance , Web Of Deception , Customer Deposits , Chief Executive , New York , Step Back , The Lay Of Land ,

BBCNEWS Asia Business Report June 4, 2024 23:32:00

Towards with the sec to try to work towards a sensible framework for regulation. we received no response for regulation. we received no response after our presentations as part of those discussions. gn presentations as part of those discussions. presentations as part of those discussions. on the one hand, coinbase discussions. on the one hand, coinbase is discussions. on the one hand, coinbase is basically discussions. on the one hand, coinbase is basically saying i discussions. on the one hand, | coinbase is basically saying we want to abide by the rules, but the ones is written don t work for these new financial instruments like cryptocurrency. on the other hand, the regulator is saying rules are rules and you are running afoul of them. it seems the us is making good on its promise to aggressively enforce rules to oversee the crypto industry. rules to oversee the crypto industry- rules to oversee the crypto indust . . . . industry. that was a samira hussain reporting in ....

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BBCNEWS World Business Report June 4, 2024 13:36:00

Moment we do have the regulation in europe that was passed into law and also the uk wants to make it a crypto habit so they are working very rapidly on clarity and regulations crypto hub. so hopefully companies like coinbase will relocate into the uk and boost the economy. will relocate into the uk and boost the economy- will relocate into the uk and boost the economy. thanks for “oining us. if ou are the economy. thanks for “oining us. if you are wondering h the economy. thanks forjoining us. if you are wondering what the economy. thanks forjoining us. if you are wondering what this - the economy. thanks forjoining us. if you are wondering what this is - the economy. thanks forjoining us. if you are wondering what this is on | if you are wondering what this is on the screen, that is what is happening with the prince harry trial. it is going on right now at the high court. this happened last night. apple unveiling a mixed reality headset in california. they are calling it the ....

Thanks Forjoining , Oining Us , High Court , Video Chat , Technology Editor ,

US regulator sues crypto platform Coinbase, day after Binance

The United States Securities and Exchange Commission on Tuesday filed a lawsuit against Coinbase, the leading cryptocurrency exchange in the U.S., with the. ....

United States , Paul Grewal , Gurbir Grewal , Gary Gensler , Changpeng Zhao , Exchange Commission On , Coinbase Global Inc , United States Securities , Exchange Commission , Coinbase Prime , Coinbase Wallet , Coinbase Earn , Chief Gurbir Grewal , Crypto Market , Cryptocurrency Trade , Crypto Exchange ,