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BIZARRE: 23 - What They Never Told You

NEW YORK: The American branch of Binance, the giant cryptocurrency exchange, said late Thursday that it would no longer allow customers to trade on its platform using United States dollars, after its banking partners cut the firm off in response to a crackdown by federal regulators.

Bangkok Post

Binance.US prepares to suspend US dollar deposits and withdrawals from exchange

Company tells customers to withdraw their US dollars days after US regulators sued the company and its founder

The Guardian - UK

Binance Exec Hits Back At Jim Cramer’s On-Air FTX Comparison: ‘I Hope You Have Some Evidence’

CNBC "Mad Money" host Jim Cramer, came under fire for his criticisms of cryptocurrency exchange platforms Binance and Coinbase

Zenger

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Coinbase CEO’s War Cry After SEC Sues Crypto Exchange: ‘We’ll Get The Job Done’

Coinbase (NASDAQ: COIN) CEO Brian Armstrong is holding firm Tuesday in a legal battle with the SEC.

Zenger

Solana Foundation finally addresses ‘the elephant in the room’ and denies Solana’s native token is a security

Their denial comes three days after SOL was named as a security in two lawsuits from the SEC.

Fortune

Jack Dorsey Says Coinbase Should Stick To Bitcoin, Ditch Altcoins, And Of Course Elon Musk ‘Doges’ In

The U.S. Securities and Exchange Commission alleges that Binance and Coinbase Global violated various securities rules.

Zenger

Gary Gensler's SEC Cracks Down on Coinbase and Binance

The SEC is suing Coinbase, alleging that it's an unregistered securities broker, after targeting Binance the day before.

Reason

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Elizabeth Warren says in letter to DOJ that Binance apparently gave Congress 'false and misleading information'

Warren and another Democratic senator sent a letter to Attorney General Merrick Garland on Wednesday.

Fortune

Gary Gensler offered to serve as informal advisor for Binance, the exchange’s lawyers allege

Gensler has since that Zhao and Binance "engaged in an extensive web of deception."

Fortune

Treasury Secretary Janet Yellen 'very supportive' of SEC using enforcement power against Binance and Coinbase

Yellen said she would still like to see Congress plug the remaining holes in crypto regulation.

Fortune

Two of the richest crypto bros saw nearly $2 billion wiped from their combined net worth

Coinbase CEO Brian Armstrong said he was “disappointed” by the SEC’s actions, arguing they were “not good for America.”

Fortune

Why Gary Gensler's crusade against crypto could mean the end of Coinbase in the US

The SEC chair's crusade against Coinbase and savvy politicking could mean the end of crypto companies in the U.S.

Fortune

Gensler steals the limelight from House Republicans

Another ambitious crypto bill is stalled by landmark SEC lawsuits against Binance and Coinbase.

Fortune

US SEC sues Coinbase amid deepening crackdown on cryptocurrency sector

America's top markets regulator sues Coinbase for operating as an unregistered securities broker a day after filing similar charges against Binance. Chinese exports drop sharply, and the World Bank warns that slow global growth and high interest rates are creating a debt crisis in developing economies.

France 24

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The Independent UK

Stock market today: Asian stocks mixed as Wall St inches toward bull market

Shares are mixed in Asia after a listless day on Wall Street amid a vacuum of market-moving data

Al Jazeera

US SEC sues Coinbase for breaking market rules

The move, a day after it sued Binance and its founder, are part of SEC’s push to assert control over crypto markets.

Fortune

Coinbase and Binance each see net outflows of more than $1 billion in 24 hours after SEC suit

Following the Binance suit, the SEC filed a separate lawsuit against Coinbase just one day later.

The Guardian - UK

SEC crypto crackdown: US regulator sues Binance and Coinbase

Securities and Exchange Commission is targeting cryptocurrency firms it thinks are bypassing regulation

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news in one place.

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Fortune

Coinbase and Binance suits make for a grim week in Cryptoland

Regulators are on a crypto warpath—and it’s only Tuesday!

Fortune

Tokens for The Sandbox and 'Axie' among those branded securities in SEC suits against Coinbase and Binance

The SEC’s lawsuits against Binance and Coinbase could have lasting repercussions for several metaverse tokens.

The Guardian - UK

SEC accuses Coinbase cryptocurrency exchange of breaking US regulations

Securities and Exchange Commission sues platform for allegedly operating as unregistered broker

Fortune

U.S. crypto industry dodges a bullet with USDC not listed among crypto securities in SEC lawsuit against Coinbase

Fortune

Bitcoin and Ethereum sag as SEC suit against Coinbase weighs on crypto market

The slight dip follows a larger decline in the market after the SEC sued Binance on Monday.

Fortune

Really 'bro'? Binance's outrageous behavior is a bad look but the SEC didn't have to spike the football

Binance's wash trading and other flagrant attempts to dodge U.S. compliance rules are an embarrassment. The SEC's own conduct doesn't look great either.

Evening Standard

US crypto crackdown heats up as watchdog sues Coinbase for breaching securities laws

The SEC sued crypto exchange Binance yesterday, prompting customers to withdraw £1 billion in the space of 24 hours

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