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Stablecoin regulation is a sticking point between the G-7 and G-20

Global leaders are setting up universal rules and standards for the crypto sector after its headline-making implosion last year. While they appear to have reached a consensus on most things, advanced and emerging economies seem to be diverging on the treatment of stablecoins, CoinDesk has learned from two senior officials involved in key discussions. Advanced […]

Two key dates over the SEC request to freeze Binance assets

Crypto exchange Binance must respond to the US Securities Exchange Commission’s (SEC) order to freeze assets tied to its subsidiary Binance.US by June 12, ahead of a court hearing about the case on June 13, according to the D.C. district court schedule.     Contrary to rumors in the crypto community, the judge hasn’t approved any freezing […]

Cryptocurrencies under renewed pressure

Market picture The cryptocurrency market capitalisation fell 1.8% to $1.1 trillion over the last 24 hours as risky assets lost traction, dragging the Nasdaq lower. Markets were surprised by interest rate hikes in Australia and Canada, raising the chances of a similar move from the Fed next week. Bitcoin is trading near $26.4K, down 1.5% in 24 […]