Regulations

According to the U.S. Securities and Exchange Commission (SEC), Binance and Coinbase are facing charges for operating as unregistered exchanges, broker-dealers, and clearing agencies. In the case of Binance, the SEC has filed 13 charges against the company and its founder, Changpeng Zhao. The charges include allegations that Binance was operating unregistered exchanges, broker-dealers, and clearing agencies, misrepresenting trading controls and oversight on the Binance.US platform, and offering and selling securities without registration​​. The SEC claims that Binance subverted its…

Crypto.com, one of the world's most prominent cryptocurrency exchanges, has suspended its institutional trading platform for US-based clients. This decision follows closely on the heels of the US Securities and Exchange Commission's (SEC) legal action against two major players in the cryptocurrency sector, Coinbase and Binance​. Effective June 21, Singapore-headquartered Crypto.com will cease providing institutional exchange services to American customers. This decision is reportedly linked to the current market climate, characterized by a need for more demand from US-based institutions.…

eToro, the renowned social trading, and multi-asset brokerage company, has announced its plans to delist four cryptocurrencies for its U.S. customers. This decision, set to take effect next month, has left the crypto community in shock and uncertainty. The specific digital assets to be delisted have not been disclosed. Founded in 2007, eToro has become one of the world's leading platforms for trading and investing in digital assets. The platform's user-friendly interface and social trading features have attracted millions of…