Crackdown
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Frax Finance to retire algorithmic backing amid stablecoin crackdown
The community of decentralized finance stablecoin protocol Frax Finance has voted to fully collateralize its native stablecoin Frax (FRAX), marking…
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Regulation
US regulatory crackdown leads to $32M digital asset outflows: CoinShares
Institutional investors may have gotten the jitters on crypto in the wake of the regulatory crackdown in the United States,…
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DeFi
FTX poked the bear and the bear is pissed — O’Leary on the crypto crackdown
Shark Tank investor and venture capitalist Kevin O’Leary has urged crypto exchanges to “get on board with regulation” if they…
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Regulation
Custodia Bank CEO slams Washington’s ‘misguided crackdown’ on crypto
The CEO of Custodia Bank, Caitlin Long, has slammed regulators and lawmakers in Washington D.C. for their “misguided crackdown” on…
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DeFi
SEC’s staking crackdown has uncertain consequences for DeFi: Finance Redefined
Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you…
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Altcoins
These 3 Altcoins Could Go Parabolic By SEC’s Latest Regulatory Crackdown
In the United States, regulators have been grappling with the classification of crypto assets as securities, property, or something else…
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Regulation
Stablecoins not the target in BUSD crackdown: Matrixport head of research
Crypto financial services Matrixport’s head of research believes the recent scrutiny of Paxos and its Binance USD (BUSD) token is…
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Binance withdrawals and BUSD redemptions surge post Paxos crackdown
Cryptocurrency exchange Binance has seen a surge of withdrawals over the last 24 hours as investors appear to be spooked…
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Regulation
Cathie Wood’s ARK Invest Doubles Down on Coinbase (COIN), Buys Another 139,000 Shares Amid SEC Crackdown
Cathie Wood’s ARK Invest is gobbling up more shares of Coinbase (COIN) as the U.S. Securities and Exchange Commission (SEC)…
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Regulation
ARK Invest’s Cathie Wood Says SEC Crypto Crackdown Great for Decentralization but Not So Good for US
The chief executive of ARK Invest says that the U.S. Securities and Exchange Commission’s (SEC) latest enforcement actions could have…
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