Bitcoin

Bitcoin is a cryptocurrency. It is a decentralized digital currency without a central bank or single administrator that can be sent from user to user on the peer-to-peer bitcoin network without the need for intermediaries.
Binance Exits Holland and Faces Money Laundering Probe in France
Binance Exits Holland and Faces Money Laundering Probe in France
June 16, 2023  |  Cryptocurrency

Embattled cryptocurrency exchange Binance is reportedly the target of a money laundering probe in France. According to multiple published reports Friday (June 16), including one...

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Bankman-Fried Prosecutors Agree to Temporarily Withdraw Some Charges
Bankman-Fried Prosecutors Agree to Temporarily Withdraw Some Charges
June 15, 2023  |  Legal

Federal prosecutors have agreed to withdraw several charges against FTX founder Sam Bankman-Fried. The decision — announced in a letter to U.S. District Judge Lewis...

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Just 6.4% of Bitcoins on Exchanges Amid SEC Crackdown
Just 6.4% of Bitcoins on Exchanges Amid SEC Crackdown
June 14, 2023  |  Cryptocurrency

Bitcoin’s supply on cryptocurrency exchanges has reportedly hit a five-year low. That’s according to market intelligence platform Santiment, which said Tuesday (June 13) on Twitter that...

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Will Crypto’s Regulatory Woes Hijack Congress’s Stablecoin Hearing?
Will Crypto’s Regulatory Woes Hijack Congress’s Stablecoin Hearing?
June 13, 2023  |  Cryptocurrency

When it comes to cryptocurrency in America, the pressure is on for lawmakers in part because the pressure is already stifling for digital asset firms...

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Circle Appoints Former CFTC Chair Heath Tarbert New Legal Chief
Circle Appoints Former CFTC Chair Heath Tarbert New Legal Chief
June 08, 2023  |  Personnel

USDC-issuer Circle has named a former regulator as its new chief legal officer. Heath Tarbert, one-time chairman of the Commodity Futures Trading Commission (CFTC), will...

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Commonwealth Bank of Australia Begins Restricting Payments to Crypto Exchanges
Commonwealth Bank of Australia Begins Restricting Payments to Crypto Exchanges
June 08, 2023  |  Cryptocurrency

Commonwealth Bank of Australia has started declining or holding for 24 hours certain payments to cryptocurrency exchanges. Within months, the bank will also begin limiting customer...

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SEC: Binance Moved Nearly $70 Billion Through Crypto-Friendly Banks
SEC: Binance Moved Nearly $70 Billion Through Crypto-Friendly Banks
June 08, 2023  |  Cryptocurrency

Binance used two U.S. banks to move billions of dollars around the globe, according to the Securities and Exchange Commission (SEC). The cryptocurrency exchange transferred almost $70 billion...

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Crypto Wilts in Summer Heat as SEC Charges Both Binance and Coinbase
Crypto Wilts in Summer Heat as SEC Charges Both Binance and Coinbase
June 06, 2023  |  Cryptocurrency

The Securities and Exchange Commission (SEC) is on a tear this week. After a brutal crypto winter, the summer of 2023 isn’t shaping up to be any better...

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SEC Suit: Coinbase Ignored US Securities Laws
SEC Suit: Coinbase Ignored US Securities Laws
June 06, 2023  |  Cryptocurrency

The Securities and Exchange Commission has sued cryptocurrency exchange Coinbase for allegedly violating securities laws. The federal lawsuit, filed Tuesday (June 6), comes one day...

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