Financial News

Cryptocurrency exchange Kraken has officially launched its NFT marketplace out of beta testing, supporting over 250 NFTs across the Ethereum, Solana and Polygon blockchains.

The SEC sued Binance and Coinbase this week, presenting the industry with both further analysis on why it thinks certain cryptocurrencies are securities and its biggest test to how cryptos may be regulated in the U.S. going forward.

Consensus 2023 attendees argued that improving crypto's image requires a clearer explanation of digital assets and a focus on tangible, user-centric products and services

The Financial Supervisory Service (FSS), the state-run financial watchdog agency, and local banks have decided to prevent abnormal foreign remittances by strengthening internal control and procedural codes to heighten the monitoring of such transactions.

American-based Web3 companies and cryptocurrency exchanges could be pushed to move offshore following enforcement actions against Coinbase and Binance.US.

Predicting what will happen to Bitcoin’s price is difficult. The token traded at almost £50,000 in November 2021 and today it’s valued at £21,118.

Speaking in a Twitter Space hosted by Coinbase on June 7, Ryan Selkis praised the new crypto bill for providing new firms with a clear path to compliance.

A letter from Binance’s counsel says that SEC Chair Gary Gensler should be recused from the case, given his history with the exchange and its founder.

The lawsuit, filed in 2021, alleges the platform operated in a way that enabled users to evade financial regulation and scam consumers.

ALSO: Stablecoin balances may provide additional insight into price direction.

Cryptocurrencies the SEC characterized as securities in recent lawsuits led the drop among altcoins, while BTC traded mostly flat.

SEC chair Gary Gensler wants you to think Coinbase and Binance are the same as FTX and Celsius. They’re not.