Crypto
Exchanges
CoinEx to stop serving all U.S. customers
The exchange will end support for all states — not just New York.
Mining
Montana passes “right to mine” crypto bill
Montana's state senate passed a bill on Feb. 23 in order to protect the right to engage in cryptocurrency mining.
Crime
Massachusetts man charged after mining crypto in school crawl space
The perpetrator leveraged the school's electricity in an illegal mining operation.
Regulation
Circle CEO says stablecoin regulation should not be assigned to U.S. SEC
Jeremy Allaire insists that stablecoins can be treated as payment systems.
Regulation
Caitlin Long’s Custodia Bank receives second rejection from Federal Reserve
The bank, formerly known as Avanti, will not be supervised by the Fed.
Exchanges
CoinEx sued by New York Attorney General
New York Attorney General Letitia James has sued CoinEx for failing to register with the state, according to a press release on Feb. 22.
Crypto
CryptoSlate Wrapped Daily: Cardano social network enters beta; FTC investigates Voyager
EMURGO has launched a social network for Cardano enthusiasts, while the Federal Trade Commission is looking into Voyager Digital and its marketing practices. These and other stories in today's edition of CryptoSlate Wrapped Daily.
CBDCs
Rep. Tom Emmer introduces anti-CBDC bill
The bill aims to protect user privacy and has gained support from Republican lawmakers.
Regulation
Paxos asserts that Binance USD is not a security under two separate tests
The stablecoin issuer says that it is working constructively with the SEC.
Earnings
Coinbase saw 66% decline in transaction revenue in 2022 but remained “resilient”
Coinbase saw its total trading volume for 2022 decline by 50% year-over-year.
Crypto
CryptoSlate Wrapped Daily: Polygon lays off 20% of staff; Helium sets Solana migration date
Polygon is letting go of one-fifth of its staff but insists that it is still financially healthy. Elsewhere, the wireless hotspot project Helium has said it will move to Solana in late March. These and other stories in today's edition of CryptoSlate Wrapped.
Exchanges
Huobi Token gains 24% as the exchange says it will operate in Hong Kong
HT has reached its highest value since mid-December.