Cryptocurrency Exchanges 23 | MachinaTrader.com

US SEC Discusses Bitcoin ETFs with Asset Managers, Potential Approval Could Drive Crypto Market Growth

Officials from the United States Securities and Exchange Commission (SEC) are reportedly in discussions regarding the potential approval of Bitcoin exchange-traded funds (ETFs) proposed by asset managers. The SEC has never approved a spot cryptocurrency ETF before, instead choosing to delay decisions on applications. However, recent memos released by the SEC revealed meetings with representatives […]

Binance Withdraws Application with Abu Dhabi Regulator, Unrelated to US Settlement

Cryptocurrency exchange Binance’s unit in Abu Dhabi has decided to withdraw its application with the Emirate’s financial regulator. The exchange claims that this move is unrelated to its recent settlement with US authorities. Binance spokesperson stated that the decision was made after assessing the exchange’s global licensing needs. The application, which was withdrawn in November, […]

Binance Withdraws Application with Abu Dhabi Regulator, Unrelated to US Settlement

Binance Founder Ordered to Stay in U.S. Until Sentencing, Citing Flight Risk

Binance founder Changpeng “CZ” Zhao has been ordered by a federal judge to remain in the United States until his sentencing in February. The judge determined that there is a high risk of flight if Zhao is allowed to return to the United Arab Emirates, where he resides.Judge Richard Jones of the Seattle District Court […]

Binance Founder Ordered to Stay in U.S. Until Sentencing, Citing Flight Risk

Official Committee of Unsecured Creditors Proposes Revised Reorganization Plan for FTX 2.0

The Official Committee of Unsecured Creditors has responded to the FTX 2.0 Customer Ad Hoc Committee by sending a letter outlining its revised suggested reorganization plan. The plan, scheduled for mid-December, aims to change the fate of unsecured creditors and address differing viewpoints on asset allocation and valuation. The Committee emphasizes that the proposed plan […]

Official Committee of Unsecured Creditors Proposes Revised Reorganization Plan for FTX 2.0

Binance CEO Pleads Guilty in $4.3 Billion Settlement with US Authorities

A US district judge has approved the plea deals between Binance, former CEO Changpeng ‘CZ’ Zhao, and the Department of Justice (DOJ). The settlement, reached on November 21, 2023, concludes the investigations into Binance’s failure to register as a money services business and violations of the Bank Secrecy Act (BSA). As part of the settlement, […]

Binance CEO Pleads Guilty in $4.3 Billion Settlement with US Authorities

Poloniex Added to FCA Warning List Amidst Recent Hacks and Regulatory Scrutiny

Poloniex, a cryptocurrency exchange owned by businessman Justin Sun, has been added to the Financial Conduct Authority’s (FCA) warning list of unapproved businesses in the UK. The FCA stated that companies and individuals cannot market financial services in the UK without the necessary authority or approval. The FCA also reminded the public that they cannot […]