Binance Vs SEC: Legal Showdown Escalates As Exchange Responds To Regulatory Accusations | Bitcoinist.com

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According to a Reuters report, a federal judge in Washington, D.C., demanded that Binance, the world’s largest cryptocurrency exchange by trading volume, provide a robust defense for its motion to dismiss the case brought against it by the US Securities and Exchange Commission (SEC).  Binance seeks the dismissal of the lawsuit, which alleges rule-breaking and […]

Ripple SVP Predicts Banks Will Embrace Crypto’s Revenue Growth And Customer Benefits | Bitcoinist.com

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In a series of predictions, Ripple’s Senior Vice Presidents (SVPs) Eric van Miltenburg and Aaron Sears foresee a transformative shift in the financial landscape, with traditional finance institutions embracing cryptocurrencies and regulatory alignment taking place. Financial Institutions Embracing Blockchain Eric van Miltenburg, Ripple’s SVP for Strategic Initiatives, foresees a “new era of finance” emerging as […]

New Bill Introduced In Congress Targets Crypto’s Suspected Involvement In Financing Terrorism | Bitcoinist.com

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In response to the Hamas attacks on Israel in October, a group of bipartisan US senators has introduced the Terrorism Financing Prevention Act. The legislation aims to tighten regulatory actions against terror groups by countering the use of cryptocurrency for funding purposes.  Led by Senators Mitt Romney, Mark Warner, Mike Rounds, and Jack Reed, the […]