With Coinbase receiving a Wells Notice from the SEC, and the CFTC suing Binance, it feels like the crypto industry is at war with the U.S. government. This could get bad.
With investors shrugging off concerns about the Commodity Futures Trading Commission's lawsuit against Binance, sending bitcoin above $28K again, CoinDesk’s “Markets Daily” is back with the latest news roundup.
The federal government’s recent actions against crypto are – rightly or wrongly – widely perceived as a coordinated attempt to maim digital assets. This risks sending a vital industry overseas without actually protecting investors.
Kraken has filed pre-registration paperwork with the Ontario Securities Commission as it works towards becoming a registered Restricted Dealer in Canada.