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crackdown

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USDC’s market cap falls, CEO points to regulatory crackdown

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Circle CEO Jeremy Allaire attributes the drastic drop in USDC’s market capitalization to the United States regulators’ intensified scrutiny of cryptocurrencies amid a turbulent financial landscape. In recent news, Circle CEO Jeremy Allaire has attributed the plummeting market capitalization of its […]
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Gemini launches non-US crypto derivatives platform amidst regulatory crackdown

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied As the regulatory crackdown on cryptocurrency exchanges in the United States continues, Gemini, a leading cryptocurrency exchange, has announced the upcoming launch of Gemini Foundation, a non-US crypto derivatives platform.  The move comes amid growing scrutiny by the United States watchdogs, […]
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Binance allegedly lifts limits for Russian users amid regulatory crackdown

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Binance has reportedly started informing Russian users about lifting part of the sanctions implied in April 2022, related to withdrawal and deposit policies. In April 2022, two months after the Russo-Ukrainian war began, Binance imposed restrictions on Russian Federation citizens following […]
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US crypto crackdown pushes companies overseas

Cryptocurrency companies could look towards overseas financial hubs as the U.S. crypto crackdown intensifies. Soon, the country may no longer be an industry leader. More attractive offers beyond the US Countries like Dubai, Europe, Hong Kong, and Singapore are becoming more attractive for crypto companies. These companies are escaping the strict regulatory efforts in the […]
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