Latin American Crypto Holders Shift to Bitget Exchange Following Binance and Coinbase SEC Crackdown
In the aftermath of the US Securities and Exchange Commission’s crackdown on major crypto exchanges Binance and Coinbase, Latin America’s crypto holders have reacted to this development with a surge of new accounts registered with crypto derivatives exchange Bitget.
Crypto vs SEC Lawsuit already decided?! Does Coinbase know something we don’t?
#crypto #sec #coinbase
Has the Crypto vs SEC lawsuit already been decided? Is that why they had the guts to list VET?
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Will this change the entire crypto market? US regulators sue crypto platform Coinbase | DW News
It’s a lawsuit that could transform the entire crypto market. The US Securities and Exchange Commission is suing the cryptocurrency platform Coinbase for allegedly bypassing regulation. It’s the second chapter of a major crackdown on the industry after the SEC sued Binance, the world’s largest cryptocurrency exchange on Monday.
The US Securities regulator says Coinbase’s failure to register properly has deprived investors of protective measures, including safeguards against conflict of interest, and record keeping requirements. The largest crypto platform in the US had 110 million users and around 80 billion dollars in assets at the end of 20-22.
For more on the US Crypto Crackdown, we can now speak to DW reporter Michelle Stockman.
#cryptocurrency #coinbase #usa
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Latam crypto holders flock to Bitget following Binance, Coinbase suits
Latam crypto holders flock to Bitget following Binance, Coinbase suits
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The number of Bitget users in Latin America increased by 43% from June 6 to June 9, along with a 134% increase in deposits. 986 Total views 4 Total shares Crypto exchange Bitget has seen a surge in new accounts in Latin America following lawsuits by United States regulators against major competitors Binance and Coinbase. As compared to daily averages, new users in the region increased by 43% from June 6 to 9, with Brazil and Argentina leading market share growth, a spokesperson from Bitget told Cointelegraph. According to the exchange, new clients in Brazil soared 54%, with a 208%…
Source: https://cointelegraph.com/news/latam-crypto-holders-flock-to-bitget-following-binance-coinbase-suits
Bitcoin whipsaws after SEC sues Coinbase and Binance in two-day span: CNBC Crypto World
CNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what’s ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry. On today’s show, Cory Klippsten, the CEO of Swan Bitcoin, discusses the impact of the SEC’s continued crackdown on crypto exchanges.
Chapters:
00:00 – CNBC Crypto World, June 6, 2023
0:23 – Ether rises
00:59 – The headlines
4:36- Cory Klippsten of Swan Bitcoin
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