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Following the recent filing of the SEC’s insider trading complaint against a former manager of Coinbase Global, Inc. (“Coinbase”), the SEC is now investigating Coinbase. As stated in...
Self-regulating organizations are becoming increasingly active in the U.S. crypto industry, and their influence is likely to continue expanding.
Here’s what would happen if Binance loses the race that DailyCoin meets Regulators around the world are looking at the Binance exchange despite increasing rules. The lack of rules about the cryptocurrency space creates controversy among exchanges in different jurisdictions. Regulatory repression of exchanges hinders users of existing platforms despite the lack of a legal framework. They want to fill Gemini, Kraken and other crypto exchanges to question Binance’s dominance. Binance is being monitored after regulators continued to find irregularities in their business practices. In addition...
Image A week before Coinbase made its blockbuster debut on Wall Street on Wednesday, the cryptocurrency exchange was part of a much quieter, but symbolically important, launch — in Washington, D.C. Yep, here come the lobbyists. Along with the asset manager Fidelity, the payments company Square and the investment firm Paradigm, Coinbase established a new trade group with “a mission to unlock the transformational promise of crypto.” The Crypto Council for Innovation hopes to influence policies that will be critical for expanding the use of cryptocurrencies in conjunction with traditional ...