US regulator sues top crypto exchange Binance CEO for ‘intentional evasion’

CFTC accuses Binance of ‘deliberate evasion’ of federal law Binance’s compliance was ‘ineffective’ under CEO – CFTC CFTC cites practices first reported by Reuters last year March 27 (Reuters) – The world’s largest crypto exchange Binance and its CEO and founder Changpeng Zhao were charged on Monday by the US Commodity Futures Trading Commission (CFTC) … Read more

Cryptoverse: Bitcoin passes bank stress test

21 March (Reuters) – As the crisis haunts the traditional world of stocks and bonds, bitcoin suddenly looks like a safe haven. The notoriously volatile cryptocurrency appears to be positively healthy and solid, just as a banking collapse drives markets into the arms of a recession. Bitcoin is up 21% this month, while a choppy … Read more

Bitcoin climbs to 9-month high as banking turmoil intensifies

LONDON/HONG KONG, March 20 (Reuters) – Bitcoin climbed to a nine-month high on Monday, as banking unrest prompted some investors to turn to digital assets as the cryptocurrency continued its best week in four years. The largest cryptocurrency rose to $28,567, its highest since mid-June, and was most recently up 0.9% amid growing expectations that … Read more