A former #SEC official has warned that the ruling on the #Ripple case over $XRP “resides on shaky ground” and will likely be reversed. #crypto https://t.co/40tPEG8VgQ
Spain's largest bank @BancoSantander estimates the #Lightning⚡️ network is capable of processing millions of transactions per second (100x more than VISA).
https://t.co/dmGZagmlbi
As of June 27, 2023, OKX Hong Kong has 8,800 registered users, and the total crypto transaction volume has reached $150m; OKX’s HK has 500 people, 60 are responsible for licenses. At present, it costs about $6m to apply for a Hong Kong compliant exchange license, according to Foresight news.
https://t.co/dzw9BRHbpy
HSBC rolls out #Bitcoin and #Ethereum ETF trading.
This move doesn’t just broaden crypto acceptance; it also increases local access to digital assets. It’s exciting to witness traditional banking’s swift evolution.
👀👇
https://t.co/Zdk9Arkums
BinanceUS: User assets remain safe and secure and the platform continues to be fully operational with deposits and withdrawals functioning as normal.
The filing of the preliminary injunction is unwarranted and based more on the SEC Staff obtaining an advantage in litigation versus genuine concern about the safety of customer assets. https://t.co/trvCTuBDvz
The entire crypto industry should UNITE against the SEC's latest attack against Binance (🧵)
The SEC's complaint accuses @cz_binance, #Binance, and affiliates of offering unregistered securities.
MAKE NO MISTAKE:
This is an attack against the ENTIRE crypto industry.
Binance and CZ sued by the CFTC.
US government was cool with SBF drafting crypto legislation with Gensler and sending user funds to politicians, but ever since their boy got exposed it's been an all-out assault on all things crypto by the US Government. Wild.
Bloomberg: Binance Holdings Ltd.and CZ were sued by the US Commodity Futures Trading Commission for allegedly breaking trading and derivatives rules. The CFTC filed the lawsuit Monday in federal court in Chicago. H/T @MuyaoShen https://t.co/3xqnZGuGyB