Binance, one of the largest cryptocurrency exchanges globally, is actively working on integrating the Bitcoin Lightning Network into its platform. The Lightning Network is a layer-2 protocol designed to enhance the speed and cost-effectiveness of Bitcoin transactions.
In a dynamic development that has captivated the financial and political spheres, Congressman Warren Davidson has introduced the SEC Stabilization Act, a bill that calls for the dismissal of SEC Chair Gary Gensler.
Ethereum Classic (ETC) and Ethereum (ETH) share common roots but their journeys have diverged significantly. Interestingly, this divergence extends beyond the technological aspects and into the regulatory world. In the United States, Ethereum Classic is regarded as a commodity, while Ethereum is classified as a security.
In the realm of financial regulation, a profound philosophical question lingers: who regulates the regulators? This query strikes at the core of our society's governance and raises concerns about the existence of unbiased checks and balances of power.
In a recent and unexpected development, Binance US, one of the largest cryptocurrency exchanges in the world, has put a halt on USD deposits. The move has left many within the crypto sphere searching for answers.
Washington D.C., June 6, 2023 — In a move that further solidifies the SEC's relentless assault on the crypto industry, Coinbase, Inc. finds itself under fire as the Securities and Exchange Commission (SEC) has charged the popular cryptocurrency exchange for operating as an unregistered national securities exchange, broker, and clearing agency. Additionally, Coinbase is accused of conducting an unregistered offer and sale of securities through its staking-as-a-service program.
In a recent groundbreaking move, Sberbank, Russia's leading bank, has stepped into the world of Decentralized Finance (DeFi). With plans to launch its DeFi platform later in 2023, Sberbank is paving the way for other traditional financial institutions to follow suit.