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Showing posts from June 28, 2023

Binance Abandons Planned Delisting of Some Privacy Coins in EU Markets

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Cryptocurrency exchange Binance has reconsidered a decision to delist some privacy tokens in several European markets. The leading coin trading platform will continue to offer trading in these digital assets after revising their classification to comply with EU regulations. Binance to Continue Support for Certain Privacy Coins Despite Earlier Intentions to Remove Them The world’s largest crypto exchange by trading volume, Binance, has decided to reverse a plan to delist privacy-oriented cryptocurrencies in several EU jurisdictions. The move comes after the company received feedback from some of the projects and traders. Last month, Binance informed customers it intends to remove 12 privacy coins in France, Spain, Italy, and Poland. Those set to be delisted on June 26 were dash ( DASH ), verge (XVG), beam (BEAM), monero ( XMR ), navcoin (NAV), firo (FIRO), horizen (ZEN), secret (SCRT), zcash (ZEC), pivx (PIVX), decred (DCR), and mobilecoin (MOB). At the time, the exchange cited lo

Robert Kennedy Jr Promises to Protect Your Right to Use and Hold Bitcoin as President

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U.S. presidential candidate Robert F. Kennedy Jr. (RFK Jr.) has promised to ensure that “your right to use and hold bitcoin is inviolable” if he is elected U.S. president. “Bitcoin is not only a bulwark against totalitarianism and the manipulation of our money supply, it points the way toward a future in which government institutions are more transparent and more democratic,” said the presidential hopeful. Robert F. Kennedy Jr.’s Bitcoin Promise U.S. Presidential candidate Robert F. Kennedy Jr. (RFK Jr.) has made a promise regarding bitcoin if he is elected president of the United States. Kennedy is a son of former U.S. Attorney General and Senator Robert F. Kennedy and nephew of former U.S. President John F. Kennedy. RFK Jr. tweeted Tuesday: As president, I will make sure that your right to use and hold bitcoin is inviolable. “Bitcoin is not only a bulwark against totalitarianism and the manipulation of our money supply, it points the way toward a future in which government ins

Crypto Exchange Binances Motion to Restrain SECs Public Statements Denied

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Binance’s attempt to prevent the U.S. Securities and Exchange Commission (SEC) from making public statements alleging that the crypto exchange mishandled U.S. customers’ assets has been denied by the judge overseeing its enforcement case. A former SEC head of internet enforcement warned that the motion may “prompt the criminal authorities to expedite whatever action, if any, they plan on taking with respect to Binance.” Judge Denies Binance’s Motion Against SEC Binance’s motion against the U.S. Securities and Exchange Commission (SEC) was denied by Judge Amy Berman Jackson on Monday. The motion was filed as part of the case in which the SEC charged Binance , CEO Changpeng Zhao (CZ), and Binance US with securities law violations. The cryptocurrency exchange filed a motion asking Judge Jackson to prevent the securities regulator from making public statements alleging that Binance and Zhao mishandled the assets of U.S.-based customers. The cryptocurrency exchange argued that the SEC h