Author: American Coins & Gold

SEC Rips Into Binance.US Over 'Shaky' Asset Custody, Asks Court to Order Inspection
The regulator asked a U.S. court to reject Binance’s “half-hearted” objections to its motion seeking depositions, an inspection and communication from the exchange.

Roughed-Up Bitcoin Miner Stocks Attempt Rally as BTC Retakes K
Many in the sector are down 50% or more over the past two months.

Senator Warren’s Crypto Money Laundering Bill Builds Momentum as More Sign On
U.S. Sen. Elizabeth Warren (D-Mass.) has enlisted more support from key lawmakers in a growing coalition pushing for a law to crack down on money-laundering and sanctions abuses in crypto, with new sponsorship from the top Democrats on the Senate Homeland Security and Judiciary committees.

Crypto VC Firm Blockchain Capital Raises 0M for 2 New Funds
Most of the firm’s limited partners are traditional institutional investors, including university endowments, private foundations, financial institutions, sovereign wealth funds and U.S. pension plans.

New York Regulator Seeks Tougher Norms For Adding, De-Listing Crypto Coins
Licensees in the state will have to set out technology, market and regulatory risks for listed cryptocurrencies under the state’s BitLicense regime

First Mover Americas: Friend.tech Drives Up Coinbase’s Base Blockchain Activity
The latest price moves in bitcoin (BTC) and crypto markets in context for Sept. 18, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

Bitcoin Tops K a Week After Death Cross Formation With Fed Likely to Extend Rate Pause
The U.S. rates traders do not see the Fed raising rates for the rest of the year.

Malta Seeks to Change Its Crypto Rulebook to Get Ready for MiCA
The country’s financial watchdog wants to align its framework with EU-wide rules set to take effect in 2024.

Tether Co-Founder Sizes Up PayPal’s Stablecoin Ambitions
Tether pioneer William Quigley, who was also an early investor in PayPal, said he doubts the payments giant will bring much innovation to the stablecoin space.

Bitcoin Punches Above K, But Analysts Have Bearish Price Predictions
Bitcoin traded just under $26,700 and ether exchanged hands at $1,630 as of Asian afternoon hours Monday, adding just 0.5% in the past 24 hours.