Regulation
FDIC orders OKCoin to correct misleading insurance claims
The FDIC cited three instances of OKCoin making false statements about its insurance status.
Oluwapelumi Adejumo 2 min read
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Legal
CoinEx agrees to pay over $600k fine to New York
Crypto exchange CoinEx would refund over $1 milion in cryptocurrencies to New York investors over the next 90 days.
Bankruptcy
Voyager Digital bankruptcy administrators rubber stamp 36% partial withdrawals
The bankrupt Voyager Digital platform will open user withdrawals between June 20 and July 5.
BTC Halving
Michael Saylor says Bitcoin dominance is headed for 80% in the long term
Saylor says the upcoming halving, increase in hash rate, and other factors, are leading to a bull run that will boost Bitcoin price by 10x.
Bankruptcy
Prime Trust subsidiary Banq declares bankruptcy
The bankruptcy comes less than a week after custodian BitGo agreed to acquire Prime Trust's parent company.
Legal
Bahamian court orders review of US charges filed after SBF’s extradition
SBF's defense argues that the charges of bribery and illegal political donations should be dropped as they weren't part of his extradition agreement.
Legal
Binance.US and SEC told to reach compromise on restraining order
Binance.US and BAM could escape an asset freeze and partial retain control over funds.
More North America Crypto News Headlines
Regulation
U.S. Digital Assets Hearing key testimonial – sufficiently decentralized tokens may still avoid security label
Regulation
House Republicans tell SEC to refrain from expanding definition of exchange
Regulation
Ripple’s chief legal officer calls for investigation after release of Hinman docs
Regulation