Leading cryptocurrency exchange Binance plans to launch a stablecoin within two months, in an apparent challenge to the dominance of scandal-plagued Tether.
In one of its highest profile enforcement actions to date, the Securities and Exchange Commission sued Kik Interactive today, claiming it illegally raised $100 million through an initial coin offering in 2017 without registering as a security.
Facebook has begun talking to U.S. regulators about getting approval for its forthcoming stablecoin cryptocurrency, said to be referred to as “GlobalCoin” at Facebook.
Bittrex announced this week that New York State users will have to close their accounts by June 9, 2018 due to regulatory issues. “We regret to notify you that Bittrex will be ceasing all operations for New York residents,” Bittrex said via email on April 10, 2019. “All trading for New York customers will be halted on April 11, 2019 at close of business (COB) with all account access disabled on June 9, 2019 at COB.”