CCData recently released the June 2023 Stablecoins & CBDCs Report on the status of major fiat stablecoins and central bank digital currencies (CBDCs). The first fact that emerges in the Stablecoins & CBDCs report is the continued decline in the stablecoin market. The total market capitalization of stablecoins fell 0.57% in June to $128 billion […]
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A pair of court battles between the SEC and Coinbase could determine the future of cryptocurrency trading in the United States. Coinbase is playing both offense and defense. The decisions in these cases could end a standoff between an industry determined to disrupt traditional finance but plagued by malpractice, and regulators, who have so far […]
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Binance Banned from Belgium, Effective Immediately The world’s largest crypto exchange by trading volume, Binance, is in trouble with regulators around the world. In recent developments, the Belgian Financial Services and Markets Authority [FSMA] has ordered Binance to halt its operations in the country immediately. In a notice released today, the authority noted that Binance […]
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California district courts had denied Coinbase’s request for arbitration. The Supreme Court ruling grants Coinbase’s request for arbitration. It is the first time that the Supreme Court has ruled in favor of a cryptographic entity. The United States Supreme Court has backed Coinbase in its attempt to take customer claims to a private arbitration process […]
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Significant TUSD supply increases have coincided with Bitcoin rallies on multiple occasions. TUSD’s dominance in BTC trading volume has surpassed that of USDT. TUSD Web Stream Maintains Regular Activity as Users Show Concerns. The recent rise of Bitcoin’s [BTC] price has sparked curiosity and debate within the crypto community. While some have attributed the rally […]
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