Gemini Files Lawsuit Against Digital Currency Group (DCG), Regulatory Landscape Remains a Concern, BlackRock Renews Bitcoin ETF Application Gemini’s Lawsuit Against DCG: Ultimatum and Fraud Allegations Gemini, the cryptocurrency exchange, took a decisive stance this week in the ongoing dispute with Digital Currency Group (DCG). Co-founder Cameron Winklevoss issued an ultimatum, demanding a forbearance payment…
Binance Revises Operations to Comply with EU Standards After Community Feedback Binance, the cryptocurrency exchange, has announced that it is reversing its decision to delist several privacy coins in Europe. The company stated that it has made revisions to its operations to ensure compliance with local regulations, leading to the reversal of its previous plan….
US President Joe Biden is focusing on crypto investors and stated that he will not support any deal that shields wealthy tax evaders and crypto traders. During the G7 summit, President Joe Biden mentioned that prior to his departure, he had discussions with all four congressional leaders. They reached a consensus that the only viable…
On Monday, Coinbase, which is a top cryptocurrency exchange, took legal action against the SEC by filing a lawsuit. The lawsuit was filed in response to a petition that was submitted in July 2022 requesting regulatory clarity from the SEC regarding the regulation of securities traded through digital means. The petition had asked whether the…
According to a recent tweet from the Shibburn crypto tracking service, the activity of the SHIB army in burning Shiba Inu has decreased. The tweet stated that during the past seven days, slightly more than 303 million SHIB meme coins were removed from circulation, which is significantly less than previous weeks in March and this…
A Binance executive has claimed that the former head of FTX, Sam Bankman-Fried, regularly spread false rumors and denigrated his rival, Binance CEO Changpeng Zhao (CZ). The executive referred to CZ as SBF’s ‘Darth Vader’. This behavior reportedly occurred before the collapse of SBF’s FTX and Alameda Research empire. A great read by @WilliamCohan at…