The campaign, which called for sensible crypto policy from the U.S. authorities, instead saw the SEC sue major exchanges, Binance and Coinbase. As a result, ‘Stand With Crypto’ is trending on Twitter, and almost 140,000 NFTs have been minted.
In support of its emergency action to freeze Binance.US’s assets, the SEC filed additional details showing that the company had moved $70 billion through Silvergate and Signature banks from 2019 to 2023.
In support of its emergency action to freeze Binance.US’s assets, the SEC filed additional details showing that the company had moved $70 billion through Silvergate and Signature banks from 2019 to 2023.
The campaign, which called for sensible crypto policy from the U.S. authorities, instead saw the SEC sue major exchanges, Binance and Coinbase. As a result, ‘Stand With Crypto’ is trending on Twitter, and almost 140,000 NFTs have been minted.
The US payments network provider moved into the custody market this week, with the reported quarter billion dollar purchase of Switzerland’s Metaco, also increasing its overseas presence ahead of the ruling in its ongoing SEC dispute.
Recently SEC was legally obliged to respond to Coinbase's writ of mandamus. Meanwhile, the regulator deleted a possible first-ever definition of digital asset from its rule and the exchange started an open letter to Congress to support pro-crypto legislation.
Coinbase announced the launch of a new platform called Coinbase International Exchange, which enables institutional users outside of the US to trade ethereum and bitcoin perpetual futures.
Coinbase publicly responded to the SEC’s Wells notice and now is trying to force the regulatory agency to respond to a petition for rulemaking that the company filed last summer aiming to get proper regulation rules for digital assets.
