Reclusive Binance co-founder Yi He speaks on SEC case
Reclusive Binance co-founder Yi He speaks on SEC caseYi He is a co-founder and major shareholder at Binance and has a close relationship with CEO Changpeng Zhao. Famous for keeping a low profile, she has broken her silence in an interview with Bloomberg
Happy Thursday!The global crypto market cap is $1.17 trillion, with a 24-hour volume of $32.19 billion. The price of Bitcoin is $30,500.78, and BTC market dominance is 50.4%. The price of Ethereum is $1,852.26, and ETH market dominance is 19.0%. The best-performing sector is Sports, which gained 35%. The Crypto Fear & Greed Index is currently Neutral (54). Top News
Reclusive Binance co-founder Yi He speaks on SEC caseYi He is a co-founder and major shareholder at Binance and has a close relationship with CEO Changpeng Zhao. Famous for keeping a low profile, she has broken her silence in an interview with Bloomberg. KuCoin to introduce mandatory KYC, ending deposits for non-verified usersExisting users must complete a KYC check to add funds to their account, while new users must complete a check to access KuCoin's features at all. Canadian lawmakers publish recommendations in support of blockchain adoptionThe Standing Committee on Industry and Technology has published a comprehensive report on blockchain technology that includes recommendations that attempt to balance regulations with innovation. Latest Insights
More NewsARK Invest amends Bitcoin spot ETF application in race for SEC approvalBlackRock's attempt to secure approval for a Bitcoin spot ETF has set off a frenzy of institutional interest in a product that Cathie Wood has been trying to bring to market for quite some time. Coinbase moves to dismiss SEC charges, describes it as an ‘extraordinary abuse of process’Coinbase said the SEC made an about-face with its approach to the crypto industry. Op-ed: Why the SEC should stay away from crypto (Part III)Coinbase's novel defense against the SEC will likely rely on legislation supporting its claims, but will it hold up in court? Binance loses Euro payment partner; denied licensing in GermanyBinance struggles in Europe continue as it has lost its EURO payment partner. FTX sues ex-compliance officer Daniel FriedbergFriedberg allegedly misused company funds, created corporate entities and false agreements to hide that abuse, and suppressed whistleblowers' complaints.
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UK Law Commission proposes classifying crypto as a new type of property
Wednesday, June 28, 2023
Other Law Commission recommendations include creating expert panels and implementing a legal framework around crypto collateral arrangements.
Bitcoin Cash surged 108% over the last week after EDX Markets opened
Tuesday, June 27, 2023
The Bitcoin fork network's coin more than doubled in price over the last week after it became available to institutional traders on a powerhouse-backed exchange.
Japan’s token issuers are now exempt from corporate tax on unrealized gains
Monday, June 26, 2023
The tax break is welcome news for Japan's crypto firms, who still have to pay taxes on paper gains for tokens issued by other firms.
The yield convergence and its implications for Bitcoin
Sunday, June 25, 2023
CryptoSlate's latest market report dives deep into the concept of yield convergence and its potential effect on Bitcoin.
Coinbase adds support for USDC on Stellar
Saturday, June 24, 2023
The addition could reduce transaction costs and allow for faster transactions.
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