Crypto firms facing US SEC charges find hope in Ripple ruling,…

The first bitcoin futures ETF was approved in October 2021, helping send the volatile bitcoin to an all-time high of $69,000 in November 2021, and raising hopes that a spot bitcoin ETF would soon be approved.

NEW YORK, June 15 (Reuters) – CoinEx agreed to pay $1.8 million and be banned from operating in New York to settle state Attorney General Letitia James’ lawsuit accusing the cryptocurrency exchange of operating illegally because it failed to register with the state.

The Boston-based financial firm is also part of a consortium that includes market makers Citadel Securities and Virtu Financial, retail broker Charles Schwab, and venture capital firms Paradigm and Sequoia Capital, which recently launched a crypto exchange called EDX Markets.

“Given that Zhao and Binance have control of the platforms’ customers’ assets and have been able to commingle customer assets or divert customer assets as they please, as we have alleged, these prohibitions are essential to protecting investor assets,” said Gurbir Grewal, director of the SEC’s enforcement division, in the statement.

Poloniex is a US-based cryptocurrency exchange platform that offers advanced trading options with high-security features.

They have a user-friendly interface and extended their trading services worldwide.

Binance, the world’s biggest cryptocurrency exchange, has faced a string of setbacks recently, announcing plans to leave the Netherlands, Cyprus, Canada and Australia, and being charged by the U.S.

Securities and Exchange Commission (SEC).

As we prepare for the next major bull cycle, it has become clear that we need to focus on talent density across the organization to ensure we remain nimble and dynamic,” a spokesperson for Binance said. “Over the last six years, we have grown from 30 to a team of almost 8,000 across the globe.

The move comes at a time when the global cryptocurrency industry has been caught in the crosshairs of the U.S.

securities regulator on alleged violations of securities laws.

The fact that the price of bitcoin held up well after the SEC asked for more information on the bitcoin ETF filings suggested sentiment is not turning bearish, said Ed Moya, senior market analyst at Oanda.

Under the agreement, which does not resolve the SEC lawsuit, Binance.US will take steps to make sure that no Binance Holdings officials have access to private keys for its various wallets, hardware wallets or root access to Binance.US’s Amazon Web Services tools, the court filings showed.

“If territories are willing to come up with a balanced clear transparent approach, OKX would like to be regulated and licensed and operate in that jurisdiction,” Byun said.

Still, 바이낸스 the cost-benefit analysis for exchanges could change if crypto token prices were to rebound and there was suddenly increased interest from investors, said Doshi.

Binance Futures offer a huge selection of cryptos to its traders and there are more than 530 crypto-to-crypto trading pairs.

Binance Futures also provide a wide range of leverage for accounts with a balance of $0 to $50,000 so that the trader can grow their portfolios.

Due to the enormous selection of trading pairs, Binance Futures have become ones of the most liquid derivatives exchange in crypto trading market.

Here the traders can always expect the buy and sell orders to get filled instantly without worrying about the slippage.

Now what’s even more attractive and fascinating in Binance Futures is its ability to make profits regardless of the market direction.

So, do you wish to trade Binance Futures?

Even the inexperienced traders are taking the advantage of this platform. What you can do is, you can trade futures by making use of the third-party crypto trading platforms like TrailingCrypto. You can make a personalized strategy or the third party strategies in these platforms to earn more profits.

Traders can implement different strategies and tools to earn profits like grid strategy, Binance trading bots, and more.

The most attractive feature of this platform is its lower fee structure.

Securities and Exchange Commission lawsuit claiming it broke the law by failing to register its business. NEW YORK, June 29 (Reuters) – Coinbase, the largest U.S.

cryptocurrency platform, said it will ask a judge to dismiss the U.S.

Binance disputes the SEC charges. It is the latest in a string of setbacks for Binance including the June 5 decision by the U.S.

Securities and Exchange Commission (SEC) to charge the company with evading securities laws.