SEC Chairman Gary Gensler reiterate stance on crypto regulation
Gary Gensler, reaffirmed his stance on crypto market regulation amid news of lawsuits against Coinbase and Binance. Gary Gensler, chairman of the U.S. Securities and Exchange Commission (SEC), reiterated his stance on crypto regulation in the aftermath of recent lawsuits filed against Coinbase and Binance. Before the Piper Sandler Global Exchange and Fintech Conference, he […]
US Congressman Introduces Bill to Fire SEC Chairman
Ohio Congressman introduced the SEC Stability Act, which aims to restructure the agency and remove Chairman Gary Gensler from his position. Monday, US Representative Warren Davidson announced the filing of the SEC Stabilization Act to restructure the regulatory agency and oust Chairman Gary Gensler. The measure, which aims to streamline U.S. capital markets, is introduced […]
Pakistan Abandons the US Dollar
Pakistan has abandoned the United States Dollar in order to pay for its most recent crude import from Russia with Chinese Yuan. Pakistan takes a step toward de-dollarization by concluding its first government-to-government import of Russian oil in the Yuan. This agreement was reached between Islamabad and Moscow, and the first shipment arrived in Karachi […]
Venus Protocol Eyes BNB Liquidation as Price Drops
Venus Protocol, a decentralized lending platform on Binance Smart Chain, has announced its readiness to liquidate a large BNB position belonging to a hacker potentially. The protocol said that if the BNB falls below $220, the Binance Chain core team will take over the position without affecting the protocol or its users. The hacker’s BNB […]
Swyftx Crypto Exchange Lists SHIB Ecosystem’s BONE Token
On Monday, Swyftx, a cryptocurrency exchange registered in Australia and New Zealand, announced that it had listed Shiba Inu (SHIB) Ecosystem’s Bone (BONE) token. The Australian-based cryptocurrency exchange Swyftx announced on Twitter on June 12 that it has added the Bone ShibaSwap (BONE) token to its platform. The BONE gas token can now be traded […]