CoinEx accepts New York ban, to pay $1.8 mln to resolve attorney…

BAM Trading holds customer’s funds directly with California-based Axos Bank, according to a letter from lawyers for BAM Trading to the SEC dated May 26, which was made public by the SEC on Tuesday. June 23 (Reuters) — Bitcoin, the world’s largest cryptocurrency, hit a more than one-year high on Friday, capping a week of gains helped in part by BlackRock’s plans to create a bitcoin exchange-traded fund (ETF) despite heightened U.S. regulatory scrutiny on the digital asset sector. Europe’s rates are marching up again and the gap between two and 10-year U.S. Treasury yields — a traditional harbinger of recession — is almost as inverted as it was before the blow-ups. Fast forward and that rate is now at 4.8%. Spooked by Washington’s push, Crypto investor Derek Boirun, who founded Realio, a company mixing real estate and blockchain, posted a «Why I’m leaving the US» piece at website Medium. James sued CoinEx in February, saying its failure to register before buying and selling tokens such as AMP, LBRY, LUNA and Rally violated the Martin Act, a powerful state law used to fight financial fraud. NEW YORK, June 16 (Reuters) — A top U.S. Securities and Exchange Commission (SEC) official on Friday rejected criticism of the regulator’s cryptocurrency crackdown and slammed the sector for violating securities laws. But it is also the latest sign of global firms alighting on Britain as the Government seeks to boost its tech credentials — offsetting some of the recent doom and gloom about London’s status as a financial centre as firms up sticks for New York. It has said it would «defend our platform vigorously,» saying the SEC was limited in reach as Binance was not a U.S. exchange. Binance did not immediately reply to a request for comment. Binance, which was founded by Changpeng Zhao in Shanghai in 2017, has grown to dominate the crypto industry but also faces scrutiny from regulators keen to clamp down on money-laundering. A source at the regulator said on Wednesday that Binance never launched its business in Cyprus. It was unclear when Binance applied to deregister. The exchange, the world’s biggest, announced its registration with the Cyprus Securities and Exchange Commission in October 2022. June 16 (Reuters) — 币安 币安推荐邀请码 币安推荐码 币安手续费 币安注册 币安注册方法 币安交易所 币安折扣 币安手续费折扣 币安现货交易 币安期货交易 币安期货交易方法 币安交易手续费 期货交易 现货交易 交易手续费 binance binance trading fee binance fee binance referral binance referral code binance referral fee, the largest cryptocurrency exchange, said on Friday that it was leaving the Dutch market because it had been unable to meet registration requirements to operate as a virtual asset service provider. «Binance Nigeria Limited is hereby directed to immediately stop soliciting Nigerian investors in any form whatsoever,» the Securities and Exchange Commission (SEC) said in a statement dated June 9. It said the company was not registered or regulated, making it illegal. The investigation is about «the unauthorised practice of the profession of virtual assets service provider» and «aggravated money-laundering,» the prosecutor’s office said in a statement. However, surprise rate rises this week from central banks in Canada and Australia — which were both early pausers — have many analysts warning that the market may have grown complacent. «It started with BlackRock’s Bitcoin ETF filing and now others are following,» said Edward Moya, a senior market analyst at OANDA. «Who needs regulatory clarity if you see BlackRock making a move?» The crypto sector has said that existing U.S. regulations are inadequate and called for new rules. On Friday, Grewal questioned whether such new rules would work to tamp down misconduct. «Binance is offering and providing exchange services in Belgium between virtual currencies and legal currencies, as well as custody wallet services, from countries that are not members of the European Economic Area,» the FSMA said. The SEC began targeting initial coin sales as unregistered securities offerings, but has increasingly focused on crypto firms acting as unregistered exchanges and broker-dealers. Both companies, along with the now defunct FTX, were key brands in the crypto industry, helping grow what began as a secretive playground for tech geeks into a new way to invest embraced by Wall Street. OKX Middle East said on Thursday it had received a preparatory licence from Dubai’s regulator, a first step towards securing an operating licence that would allow it to serve institutional clients and investors. Elsewhere, the Turkish lira hit a new record low overnight of 23.54 per dollar, even as President Tayyip Erdogan’s appointment of a U.S. banker as central bank chief sent a strong signal for a return to more orthodox policy.