The world’s largest cryptocurrency exchange by volume, Binance, and its CEO Changpeng Zhao have been sued by the Commodity Futures Trading Commission (CFTC) on charges that they promoted the sale of unregistered derivatives to users in the United States. Several alleged violations of CFTC regulations are made in the

In addition to purchasing an additional 6,455 BTC, MicroStrategy has revealed that it has repaid a $205 million Bitcoin-collateralized loan in full at a 22% discount for $160 million, bringing their total holdings to 138,955 BTC. Chairman Michael Saylor tweeted that the Bitcoin was purchased for an average

The release of Nasdaq’s custody services for Bitcoin and cryptocurrencies is allegedly planned for Q2 2023. Nasdaq is an American stock exchange with headquarters in New York City.  Senior Vice President and Director of Nasdaq Digital Assets Ira Auerbach stated that Nasdaq is moving quickly to put all of

In a recent report, the Biden administration highlighted their concerns for Bitcoin and cryptocurrencies, claiming that certain elements of the ecosystem for digital assets are problematic for consumers, the financial system, and the environment. The Council of Economic Advisers’ annual publication, “Economic Report of the President,” explains the president’s