He had also named well-respected former finance minister Mehmet Simsek as minister in charge of the economy. Erdogan is making all the right noises to signal a return to more orthodox policy, picking U.S.
banking executive Hafize Gaye Erkan as head of the central bank.
LONDON, June 15 (Reuters) – The U.S.
affiliate of crypto giant Binance has carried out a round of layoffs since regulators last week charged it with violating securities laws and sought to freeze its assets, said two people with knowledge of the dismissals and 币安现货交易 employees’ social media posts.
Dame Angela Eagle, a Labour MP who is on the Treasury committee, said although the measures were ‘very welcome’ she was uncertain whether 24 hours was a long enough cooling-off period.
The group called on European consumer authorities to cooperate with European Supervisory Authorities for financial services to ensure the platforms adapt their advertising policies to prevent the misleading promotion of crypto.
SYDNEY, June 8 (Reuters) – Commonwealth Bank of Australia (CBA) said on Thursday it would block some payments to certain cryptocurrency exchanges as part of a suite of new anti-scam measures that would limit customer crypto payments.
The U.S. Securities and Exchange Commission (SEC) on Tuesday sued Coinbase, accusing the largest U.S.
cryptocurrency platform of operating illegally because it failed to register as an exchange, a move which came just a day after the regulators sued Binance, the world’s largest cryptocurrency exchange, and its CEO Changpeng Zhao.
“I don’t think that this SEC under this leadership necessarily cares whether they win or lose in the courts. I think what they are engaging in is a coordinated campaign to essentially destroy the crypto economy in the United States,” Stuart Alderoty, chief legal officer at Ripple, told the Piper Sandler Global Exchange & Fintech Conference in New York on Wednesday.
Sunak said in the statement he is “determined to unlock opportunities” for blockchain technology and “turn the UK into the world´s Web3 centre”.
Web3 is a much-hyped vision of a future internet built on blockchain. (Reporting by Rishabh Jaiswal and Jahnavi Nidumolu in Bengaluru; Editing by Muralikumar Anantharaman)
June 16 (Reuters) – Cryptocurrency infrastructure provider Wyre is winding down, feeling the pinch of dwindling interest in a market that was once hailed as the next frontier of finance.
The SEC on June 5 accused Binance and its founder and CEO Changpeng Zhao of creating Binance.US as part of a “web of deception” to evade securities laws aimed at protecting U.S.
investors. Binance said it would defend itself “vigorously.”
government is expected to rush to sell short term debt to replenish its Treasury General Account, potentially at yields so high that banks raise deposit rates to compete for funding, reducing interest in riskier assets like equities. The U.S.
Binance disputes the SEC charges. It is the latest in a string of setbacks for Binance including the June 5 decision by the U.S.
Securities and Exchange Commission (SEC) to charge the company with evading securities laws.
“This is a serious matter,” Senator Elizabeth Warren and Chris Van Hollen wrote in a letter to the Justice Department, saying a bipartisan group of lawmakers in March were seeking information from the industry as they weighed potential new laws.
Given that all futures contracts in the platform are traded in Tether, you will have to deposit some Tether to start trading.
Trading futures contracts in the cryptocurrency market is straightforward. All you have to do is open a regular Binance account then a Binance Futures tradingaccount to access the Futures interface.
The SEC on June 5 sued Binance, its CEO and founder Changpeng Zhao and Binance.US’s operator, alleging that Binance artificially inflated its trading volumes, diverted customer funds, failed to restrict U.S.
customers from its platform and misled investors about its market surveillance controls.
The positive noises on crypto contrast with some of the scepticism expressed by the Financial Conduct Authority, which revealed last week that 5m adults owned crypto assets last year – but continues to warn that those who invest should be prepared to lose all their money.
And it may not be all doom and gloom for beleaguered altcoins, according to some market watchers who say their price declines could be attracting investors hunting value.
