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🔍 𝗡𝗲𝘄 𝗠𝗶𝗖𝗔 𝗥𝘂𝗹𝗲𝘀 𝗳𝗼𝗿 𝗦𝘁𝗮𝗯𝗹𝗲𝗰𝗼𝗶𝗻𝘀 𝗧𝗮𝗸𝗲 𝗘𝗳𝗳𝗲𝗰𝘁 𝗝𝘂𝗻𝗲 𝟯𝟬, 𝟮𝟬𝟮𝟰: 𝗪𝗵𝗮𝘁 𝗬𝗼𝘂 𝗡𝗲𝗲𝗱 𝘁𝗼 𝗞𝗻𝗼𝘄 📅 On June 30, 2024, the first phase of the Markets in Crypto-Assets Regulation (MiCA) will take effect in the EU, introducing crucial new rules for stablecoins (ART and EMT). These changes mandate issuers to obtain authorization, publish detailed white papers, and adhere to stricter regulatory requirements to enhance transparency and investor protection. Learn more from Celsion’s Chief Legal Officer Nina Gartmann about what these changes mean for the crypto industry and how major players like Binance and Kraken are responding. 🔗 Read the full article https://lnkd.in/e9fy9mRu #Regulation #MiCA #Stablecoins

Three makes a trend! Today, the U.S. Securities and Exchange Commission sued crypto company Kraken for operating what is says is an unregistered exchange. As part of that, it also alleges that some of the tokens traded on Kraken are securities. The SEC has already sued #Coinbase and #Binance, and earlier this year settled charges over staking programs with Kraken. My big questions now: What will Kraken do in response? Is the #SEC working on similar suits against other #crypto exchanges? https://lnkd.in/ge_Bjhcc

Is Cake cooked? Former CTO tells why he asked court to liquidate the firm 👉 Read more: https://lnkd.in/gEvFvxax 📉 Bake, a crypto exchange, faces potential liquidation by Judicial Commissioner Alex Wong in Singapore, testing its resilience in the crypto market. 🔍 Tensions between co-founders and internal conflicts, including police investigations, add layers of complexity to the company's challenges. 💼 Despite financial stability with substantial assets, internal discord and strategic disagreements push for a wind-down, highlighting the volatile nature of crypto enterprises.

#SuisseBasePicks: Crypto Market Update - Nov. 21, 2023 Binance Faces $4B Settlement; CZ's Fate Uncertain Binance is reportedly in talks with the U.S. DOJ for a $4 billion settlement over alleged criminal violations, including money laundering. Founder CZ may face U.S. criminal charges. Stay tuned for updates. SEC Files Lawsuit Against Kraken SEC sues Kraken, accusing it of commingling customer and corporate funds and violating federal securities laws. Lawsuit reveals risky practices with up to $33 billion in customer crypto. Tokens Thrive Amidst SEC Allegations Tokens named in the Kraken lawsuit defy SEC allegations, showing double-digit gains YTD. Traders prioritise technical capability over regulatory concerns, with Solana's SOL up an impressive 463%. Takeaway: Market resilience persists despite regulatory challenges. Stay informed as we navigate evolving crypto dynamics. #CryptoUpdate #Binance #Kraken #SEC #MarketResilience #SuisseBase #Solana #SEC #tokens #

After listening to our mascot Paolo, and mastering Transaction reconciliation (3 Billion and counting!) we’ve established best practices around Crypto Transaction Reconciliation. To find out more about how and why you should get off Google sheets and Excels onto an institutional grade reporting tool, download our guide below: https://lnkd.in/e-vHZ3Jz #KYAX #KYAXChats #Crypto #DigitalAssets #Reconciliation

KRAKEN DEALS VICIOUS BLOW TO MONERO’S $XMR WITH MAJOR DE-LISTINGS - According to an official notice published earlier today, leading CEX Kraken Digital Asset Exchange, is set to de-list Monero’s $XMR token in key EU jurisdictions, Ireland and Belgium. - The de-listing will take effect on June 10th, in just two months time. Trading and deposits will be terminated on May 10th. - If users still hold $XMR after June 10th, their funds will be automatically converted to #Bitcoin $BTC. - The exact reasoning behind the decision is not confirmed by the very limited notice, however, it might be fair to assume that Kraken has made the move, fearing action from regulators owing to its support for the privacy-focused asset. - The news follows an announcement in February that Binance would de-list $XMR from its core platform. - $XMR’s price as proved unaffected by the news so far and maintains a market cap of more than $2.4 billion. Image: PYMNTS[dot]com

In this episode of Unchained, crypto lawyers Kayvan Sadeghi and Sam Enzer dive into the SEC's lawsuit against Consensys, and how recent rulings on Coinbase and Binance could influence the case: ⚖️ The key claims in the SEC's lawsuit 🗝️ MetaMask's swaps and staking services under scrutiny 🔗 The implications of the recent Coinbase and Binance rulings 📜 The future of crypto regulation https://bit.ly/3xNXcA6

In this episode of Unchained, crypto lawyers Kayvan Sadeghi and Sam Enzer dive into the SEC's lawsuit against Consensys, and how recent rulings on Coinbase and Binance could influence the case: ⚖️ The key claims in the SEC's lawsuit 🗝️ MetaMask's swaps and staking services under scrutiny 🔗 The implications of the recent Coinbase and Binance rulings 📜 The future of crypto regulation https://bit.ly/3xNXcA6

Kraken Digital Asset Exchange 🐙 Plans to Expand in Crypto Derivatives! Crypto Facilities, Kraken's UK derivatives unit, is in talks with the Financial Conduct Authority (FCA) to expand its services! Learn about this expansion below! #UK #derivatives #Kraken #LifeAtKraken #exchanges