First Mover Americas: Binance.US Suspends Dollar Deposits
The latest price moves in bitcoin (BTC) and crypto markets in context for June 8, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
SEC can’t find Binance CEO Changpeng Zhao, asks court for ‘alternative service’
The Binance CEO is rumored to be in Dubai, but with no known base of operations, the SEC wants permission to serve his lawyers on his behalf.
The Future Of Digital Assets: Chairman Gensler Discusses Crackdown On Crypto Following Binance And Coinbase Lawsuits
SEC Chairman Gary Gensler remarks before the Piper Sandler Global Exchange & Fintech Conference
This Week In Credit Card News: SEC Cracks Down On Crypto; Buy Now, Pay Later Causing Stress To Consumers
What took place this week in the credit card and payment industries
Binance humilated, HK needs 100K crypto workers, China’s AI unicorn: Asia Express
Hong Kong needs 100K crypto people STAT, AliExpress’ NFT drop censored, Binance humiliated on China TV, AI unicorn grows in 100 days.
Crypto Custody Firm BitGo Reaches Preliminary Agreement to Buy Prime Trust: Sources
Cryptocurrency custody firm BitGo is seeking to buy Prime Trust, another crypto custody specialist regulated in the state of Nevada, according to a person familiar with the matter.
Optimism Says Ether Now Treated as Native Cryptocurrency Alongside OP Token
Representatives of the layer-2 network atop Ethereum confirmed the change in the treatment of ETH after CoinDesk observed a $550 million transfer in blockchain data. The change occurred in conjunction with Optimism's “Bedrock” upgrade this week.
Kraken NFT Marketplace Launches With Support for Ethereum, Solana and Polygon Collections
Cryptocurrency exchange Kraken has officially launched its NFT marketplace out of beta testing, supporting over 250 NFTs across the Ethereum, Solana and Polygon blockchains.
Providing Regulatory Clarity (Binance and Coinbase Edition)
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.
Cut the Jargon, Keep Your Promises: How Crypto Can Fix Its Image Problem
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
FSS, banks draw up 'three-step defenses' to prevent suspicious foreign remittance
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.
SEC is killing innovation in United States - 1inch co-founder
American-based Web3 companies and cryptocurrency exchanges could be pushed to move offshore following enforcement actions against Coinbase and Binance.US.
