After China Strikes Hard, S&P Global Raises Alarm: USDT Stablecoin May Be Banned in the U.S.!
A new U.S. stablecoin bill heavily favors banks, potentially leading to a ban on the world's largest dollar stablecoin, USDT.
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Binance Market Update (2023-11-11)
11/11/2023 17:30
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Trending News
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U.S. Takes Sudden Action! Coin Mixer Samourai Involved in Money Laundering, Arrested; Snowden: U.S. Violation of Financial Privacy "Constitutes a Crime"
The U.S. Department of Justice has arrested and charged two co-founders of the coin mixer Samourai Wallet, with Edward Snowden criticizing the move as a violation of financial privacy.
WeiliangBinance's Troubles Deepen: Thai Regulators Join Nigeria, Philippines, India in Crypto Crackdown
Thailand's SEC is tightening rules against unlicensed crypto platforms, echoing similar actions in other Asian countries like the Philippines and India, while Binance faces regulatory challenges across the region.
WeatherlyChina's Crypto Testing Ground Has Arrived! Hong Kong Exchange Releases Three Announcements: Huaxia Bitcoin and Ethereum Spot ETFs to be Issued
Hong Kong includes Bosera HashKey, Huaxia, and Jiashi Bitcoin and Ethereum spot ETFs as qualified securities for the Central Clearing System's multi-counter.
AlexChina Confirms a Major Event This Week! US SEC Suddenly Sued by Crypto Community, Yellen Prepares to Ignite a Major Bitcoin Rally?
The Hong Kong Bitcoin Spot ETF will be listed for trading this week, the U.S. Securities and Exchange Commission is sued, and Yellen's quarterly refinancing announcement this week is expected to trigger major market moves.
MiyukiBad News Continues! The US DTCC Deems Bitcoin Valueless, Funds Flee Bitcoin ETFs, Cryptocurrency Prospects Worrying?
The US Depository Trust & Clearing Corporation (DTCC) has recently announced that it will not provide any collateral value to ETFs holding Bitcoin or other cryptocurrencies. Following this announcement, Bitcoin ETFs are experiencing a significant outflow of funds.
WeiliangBreaking News from Chinese State Media! Launch of Hong Kong's First Spot ETF for Virtual Assets by Harvest Fund and China Asset Management with an Issue Price of $1 - "Not for Sale to Mainland Investors"
The first spot ETF for virtual assets in Hong Kong launches today and will be listed tomorrow. The issue price set by Harvest Fund and China Asset Management is $1.
AlexSenators Elizabeth Warren and Bill Cassidy Raise Alarm Over Crypto's Role in Child Sexual Abuse Material
US senators are urging renewed attention to the role of crypto in financing the purchase of child sexual abuse materials online, highlighting an issue they argue has escalated.
CatherineRussia Considers ‘Crypto Ban’ by September to Protect Ruble Currency
Russia plans a potential ban on cryptocurrencies, aiming to protect its national currency, the ruble, while accommodating certain exemptions for entities like miners. The proposed legislation reflects a compromise between differing government opinions, prioritising regulatory control over broader crypto adoption.
AnaisWhy USDT Holds a 70% Share in the Stablecoin Market?
Stablecoins safeguard against market swings, backed by fiat or crypto, and maintain liquidity even amidst economic downturns, dominating 8.42% of the crypto market.
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