Cryptocurrency Market

  • Market Cap: $3,744,220,891,647.59
  • 24h Vol: $92,698,075,959.47
  • BTC Dominance: 55.38%

Regulatory

kraken-crypto-exchange-operator-fined-by-australian-court

Kraken Crypto Exchange Operator Fined by Australian Court

The Federal Court of Australia has ruled that Bit Trade Pty Ltd., operating crypto exchange Kraken in Australia, failed to meet regulatory obligations for its margin trading product. The product was offered without a required market determination, breaching the Corporations Act. ASIC emphasized the need for compliance in the crypto industry, aiming to ensure consumer […]

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binance-unveils-plan-to-hire-1,000-employees-this-year,-prioritizing-compliance-amid-regulatory-pressure

Binance Unveils Plan to Hire 1,000 Employees This Year, Prioritizing Compliance Amid Regulatory Pressure

Crypto exchange Binance plans to hire 1,000 new employees this year, primarily for compliance roles, as regulatory spending exceeds $200 million. CEO Richard Teng highlighted the company’s commitment to bolstering its compliance operations amid increased regulatory scrutiny and ongoing legal challenges. Binance to Expand Workforce With 1,000 New Hires Amid Regulatory Scrutiny Binance CEO Richard

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binance-us-to-delist-tron-and-spell-tokens-amid-heightened-regulatory-pressure

Binance US to Delist Tron and Spell Tokens Amid Heightened Regulatory Pressure

According to a recent announcement from Binance US, the American-based subsidiary of the largest cryptocurrency exchange by volume, the exchange plans to delist the cryptocurrency asset tron. The news follows Binance’s being sued by the U.S. Commodity Futures Trading Commission (CFTC), and Tron founder Justin Sun’s being sued by the Securities and Exchange Commission (SEC)

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