The end of an era for Binance, troubles for Kraken: Law Decoded
Binance and CZ’s ongoing legal drama with United States law enforcement ended with a plea deal. Go to Source
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Binance and CZ’s ongoing legal drama with United States law enforcement ended with a plea deal. Go to Source
Jesse Powell sees CZ’s and Binance’s legal proceedings as a positive change, as “going after the most egregious offenders offshore would require effort.” Go to Source
The crypto community, including prominent industry lawyers and U.S. Senator Cynthia Lummis, is sounding off about the new lawsuit between the U.S. SEC against cryptocurrency exchange Kraken. Go to Source
The SEC alleged Kraken operated as an unregistered exchange, broker, dealer and clearing agency. Go to Source
The authorities cited the Law on Digital Assets, enacted in February 2023, that forbids the issuance and trading of digital currencies and the crypto exchange operation without a national license, according to reports. Go to Source
According to customer emails, the changes will go into effect on Nov. 30. Go to Source
Kraken is set to acquire the Netherlands-based cryptocurrency platform as part of its European expansion plans. Go to Source
This week’s Crypto Biz explores Kraken’s securities arm, Gemini’s expansion in India, Binance’s return to Belgium, and an oil company in Argentina investing in crypto mining. Go to Source
The firm reportedly acquired a broker-dealer license from the U.S. Financial Industry Regulatory Authority as part of the expansion plan. Go to Source
The move follows the crypto exchange’s successful VASP registration in Italy. Go to Source