Crypto News: The United States Financial regulators, the Securities and Exchange Commission (SEC) and Commodity Futures Trading Commission (CFTC) has been alleged for their regulatory overreach around the digital asset industry. However, the crypto leaders have even stated that the U.S. might lose several crypto firms due to regulatory clarity.
As per reports, Singapore based Crypto.com is the latest digital asset exchange to land under investigation by the U.S. Financial regulators. It added that the exchange might collapse or can wind up its U.S. based operations.
Attorney James Deaton, Amicus Curiae in the long running US SEC vs Ripple lawsuit tried to clear the air over Crypto.com winding up claims. He stated that it is a mistake if the industry believes that Coinbase was the only exchange to receive a warning Wells Notice from the watchdogs. Read More Crypto News Here…
Coingape reported that Bittrex U.S. declared that it will be winding up its operations by April 30, 2023. However, it mentioned that the funds are safe and withdrawals are safe. It added that the exchange’s global operation and funds won’t be available.
Also Read: Expect More Bitcoin (BTC) Price Volatility In April As Liquidity Worsens
XRP holders’ lawyer added that he is sure that most of the exchanges have gotten at least investigatory subpoenas recently. However, he not much sure about it.
Trump-linked World Liberty Financial (WLFI) is under fire again after Justin Sun's HTX exchange took…
The 2026 FIFA World Cup is bringing opportunities that come once every four years. The…
Bitcoin could be heading towards lows around $48,000 amid massive on-chain transactions. Today, Bitcoin wallets…
Ethereum price has recorded a slump of nearly 34% over the past month, and is…
The crypto market became filled with new fears as one wallet linked to Ethereum co-founder…
BitMEX co-founder Arthur Hayes revealed that he has offloaded his Worldcoin (WLD) holdings, just days…