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Author: Sean Koppel

Sean Koppel

California Regulators Order Coinbase to Halt Crypto Staking Service

California Regulators Order Coinbase to Halt Crypto Staking Service

June 7, 2023June 7, 2023 by Sean Koppel

Regulators in the state of California have ordered Coinbase to stop offering its crypto staking services in the state. The Department of Financial Protection and Innovation on Tuesday ordered the top US cryptocurrency exchange to ‘desist and refrain’. The department stated that Coinbase has…

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OKX Teams up with Komainu to Boost Security for Institutional Traders

OKX Teams up with Komainu to Boost Security for Institutional Traders

June 6, 2023June 6, 2023 by Sean Koppel

Top crypto exchange OKX has partnered with Komainu Connect, a collateral management platform to secure assets of institutional investors. Komainu Connect will give OKX’s institutional customers access to secure, around-the-clock trading of segregated assets under custody. The arrangement will also increase the…

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Crypto.com Bags Important Operational License in Singapore

Crypto.com Bags Important Operational License in Singapore

June 2, 2023June 8, 2023 by Sean Koppel

Leading crypto trading platform Crypto.com has obtained a Payment Institution (MPI) License from the Monetary Authority of Singapore. In a blog post on 1 June, the exchange said the license is for Digital Payment Token (DPT) services. Crypto.com will now continue to…

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Binance Suspends Australian Dollar Deposit and Withdrawals

Binance Suspends Australian Dollar Deposit and Withdrawals

June 1, 2023June 1, 2023 by Sean Koppel

Leading crypto exchange Binance has suspended Australian Dollar (AUD) deposit and withdrawals via bank transfer. This is coming in the midst of issues with the exchange’s banking partner responsible for processing such transactions. The partner has given Binance users in Australia up…

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Ripple Network Activity Surges to Unprecedented Levels. Will XRP Price Follow?

Ripple Network Activity Surges to Unprecedented Levels. Will XRP Price Follow?

May 30, 2023May 30, 2023 by Sean Koppel

The top crypto payment platform Ripple has experienced a massive increase in activity on the network. On-chain data from Santiment shows that XRP wallet address activity has reached it’s second and third-highest levels in the last few days. Specifically, the network recorded…

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Gemini Teams Up With Bankrupt Genesis to Challenge SEC Case

Gemini Teams Up With Bankrupt Genesis to Challenge SEC Case

May 29, 2023May 29, 2023 by Sean Koppel

Top crypto exchange Gemini has teamed up with bankrupt digital asset lender Genesis Global Capital to challenge a Securities and Exchange Commission (SEC) case against the exchange’s earn program. The SEC had in January this year filed a lawsuit against the two…

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Ripple Launches Platform for CBDC and Stablecoin Development

Ripple Launches Platform for CBDC and Stablecoin Development

May 19, 2023May 19, 2023 by Sean Koppel

Despite the lingering court case against Ripple and its native token XRP, the distributed ledger technology (DLT) payment company has launched a new platform for developing central bank digital currencies (CBDCs) and stablecoins. Ripple announced on 18 May it is launching a…

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Treat Crypto as Gambling Business – UK MPs Say

Treat Crypto as Gambling Business – UK MPs Say

May 18, 2023May 18, 2023 by Sean Koppel

UK members of parliament have called for regulation of crypto in the same category as gambling business. The country’s treasury committee made this recommendation citing the risks and uncertainties associated with crypto investing, such as price volatility A report released by the…

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Binance Dumps Canadian Market Due to Bad Regulatory Climate

Binance Dumps Canadian Market Due to Bad Regulatory Climate

May 13, 2023May 13, 2023 by Sean Koppel

Number one crypto exchange Binance has folded up in Canada, citing a harsh regulatory environment. The top exchange has been in operation in Canada for many years, but suddenly announced it was moving out of the country for good. This comes as…

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Florida Governor Signs Bills Banning CBDC, Tracking of Gun Sales

Florida Governor Signs Bills Banning CBDC, Tracking of Gun Sales

May 12, 2023May 12, 2023 by Sean Koppel

The governor of Florida Ron DeSantis has signed into law a new bill that forbids the use of a central bank digital currency (CBDC). Another bill signed on Friday 12 May also prevents credit card companies from tracking gun sales in the…

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Binance Admits Difficulty Doing Business in US, Seeks Regulation in UK

Binance Admits Difficulty Doing Business in US, Seeks Regulation in UK

May 11, 2023 by Sean Koppel

The leading crypto exchange Binance has acknowledged that the regulatory environment in the US has made it difficult to do business while expressing a desire to seek regulation in the UK. The company’s chief strategy officer Patrick Hillmann mentioned this During the…

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UK Tax Authorities Will Soon be Able to Seize Bitcoins of Tax Defaulters

UK Tax Authorities Will Soon be Able to Seize Bitcoins of Tax Defaulters

May 10, 2023 by Sean Koppel

The tax authorities in the UK will soon be granted power to seize Bitcoins held on crypto exchanges. The HM Revenue and Customs (HMRC) is proposing a legislation to this effect to seize the assets of crypto companies that fail to pay…

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An American CBDC Will Spark more Interest in Bitcoin – Michael Saylor

An American CBDC Will Spark more Interest in Bitcoin – Michael Saylor

May 10, 2023May 10, 2023 by Sean Koppel

Microstrategy Co-Founder Michael Saylor says a central bank digital currency (CBDC) launch in the United States will only result in more interest in Bitcoin. He discussed his opinion on CBDC launch in a new interview with Valuetainment There is a recent push…

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Binance Reveals Plans to Support Bitcoin Lightning Network

Binance Reveals Plans to Support Bitcoin Lightning Network

May 8, 2023May 8, 2023 by Sean Koppel

Binance today announced it has plans to integrate Bitcoin Lightning Network as part of measures to prevent congestion on the exchange. The exchange said this after Bitcoin transactions caused congestion on the platform, leading to suspension of withdrawal twice in one day….

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Binance in Fresh Trouble For Violating Russian Sanctions

Binance in Fresh Trouble For Violating Russian Sanctions

May 6, 2023May 6, 2023 by Sean Koppel

The United States Justice Department (DOJ) national security division is investigating Binance for allowing Russians to us the exchange when the country was being sanctioned. The agency says that the action was a violation of U.S sanctions. According to a Bloomberg report,…

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Coinbase Launches Derivatives Exchange Outside U.S

Coinbase Launches Derivatives Exchange Outside U.S

May 3, 2023 by Sean Koppel

Leading American crypto exchange Coinbase has launched a derivatives arm for its exchange outside of the United States. The platform will be offering Bitcoin and Ethereum “perpetual futures” to non-US users, since this form of trading is prohibited in the US. The…

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Bittrex CEO Says SEC “Mistaken”, to Fight Charges in Court

Bittrex CEO Says SEC “Mistaken”, to Fight Charges in Court

April 27, 2023April 27, 2023 by Sean Koppel

The CEO of Bittrex Global, Oliver Linch has declared the company’s intention to fight charges filed against it by the securities and exchange commission (SEC) in court. Linch said the SEC was “mistaken” in charging the exchange with security laws violations. Bittrex…

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Coinbase Drags SEC to Court Over Lack of Regulatory Clarity

Coinbase Drags SEC to Court Over Lack of Regulatory Clarity

April 25, 2023April 27, 2023 by Sean Koppel

Top crypto exchange Coinbase has filed a suit asking the securities and exchange commission (SEC) in the United States to answer questions on regulatory guidelines for the crypto industry. This comes after the SEC sent a Wells notice to the exchange threatening…

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Top 10 Crypto

Name Price24H (%)
bitcoin
Bitcoin (BTC)
$26,409.00
-1.51%
ethereum
Ethereum (ETH)
$1,843.02
-1.21%
tether
Tether (USDT)
$1.00
-0.01%
binancecoin
BNB (BNB)
$264.40
-3.13%
ripple
XRP (XRP)
$0.52
-2.28%
cardano
Cardano (ADA)
$0.326990
-3.26%
litecoin
Litecoin (LTC)
$87.88
-2.56%
polkadot
Polkadot (DOT)
$5.01
-2.29%
uniswap
Uniswap (UNI)
$4.63
-1.46%
chainlink
Chainlink (LINK)
$5.98
-1.48%

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  • bitcoinBitcoin(BTC)$26,409.00-1.51%
  • ethereumEthereum(ETH)$1,843.02-1.21%
  • tetherTether(USDT)$1.00-0.01%
  • binancecoinBNB(BNB)$264.40-3.13%
  • rippleXRP(XRP)$0.52-2.28%
  • cardanoCardano(ADA)$0.326990-3.26%
  • litecoinLitecoin(LTC)$87.88-2.56%
  • polkadotPolkadot(DOT)$5.01-2.29%
  • uniswapUniswap(UNI)$4.63-1.46%
  • chainlinkChainlink(LINK)$5.98-1.48%