The U.S. exchange had formally petitioned the agency to start writing comprehensive crypto rules, but after "careful" consideration, the SEC said no.
Political headwinds could blunt the impact of the crypto exchange’s ramped-up lobbying efforts, the report said.
The week in blockchain tech: Crypto-fueled social marketplace Friend.tech goes viral on Coinbase's new Base blockchain, Shiba Inu community's "Shibarium" network aims for fresh start, and Ethereum experts handicap the competition between leading technologies for layer-2 networks.
The latest update you need to know about Friend.tech
Grayscale Bitcoin ETF decision could happen this week
KuCoin has shut down rumors that it would be laying off 30% of its workforce but admitted there may be some “personnel adjustments” in the future.
Lending platform Maker’s governance tokens soared to near one-year high prices last week prior to the sales.
The exchange is requiring Coinbase Borrow customers with outstanding loan balances to pay them back by November 20.
The crypto exchange is still faced with significant regulatory challenges, the report said.
Armstrong will meet privately with Congress members from the New Democrat Coalition.
- 07:50BTC breaks through 64,000 USDT, with a 24-hour increase of 3.96%According to the market data from Bitget, BTC has broken through 64,000 USDT and is currently priced at 64,015 USDT, with a 24-hour increase of 3.96%.
- 07:49Santiment: The average trading volume of SHIB, PEPE, FLOKI, and BONK has increased by 3000% in the past weekSantiment posted on the X platform that due to the increase in price and growing interest from the crowd, the trading volume of meme coins has surged, especially those that have been receiving attention over the past week. On average, the trading volumes of SHIB, PEPE, FLOKI, and BONK have increased by 3000% in the past week. CoinGecko data shows: SHIB has a 24-hour increase of 32.8%, currently at $0.00002683; PEPE has a 24-hour increase of 72.9%, currently at $0.000006627; FLOKI has a 24-hour increase of 31.9%, currently at $0.0001592; BONK has a 24-hour increase of 54.1%, currently at $0.00003385.
- 07:35The Personal Information Protection Commission of South Korea is investigating WorldcoinThe Personal Information Protection Commission of South Korea is investigating Worldcoin, a project that has sparked complaints for scanning people's irises in exchange for cryptocurrency. Worldcoin is accused of collecting facial and iris information at ten locations in South Korea. The commission stated that if violations of local privacy regulations are found, action will be taken against the project. Previously, the commission fined OpenAI 3.6 million Korean won (2703 US dollars) for the leakage of personal information of 687 South Korean citizens by its ChatGPT. Worldcoin has not responded to requests for comments yet.