The SEC plans a virtual examination of #Binance US’s technology amid ongoing legal disputes and challenges.

Binance US faces #regulatory hurdles, including opposition to SEC requests, lacking key licenses & operational challenges nationwide.
https://coinpedia.org/news/sec-eyes-virtual-inspection-of-binance-us-tech-systems/

#BlackRock's IBIT #ETF proposes a cash redemption model, a strategic move ahead of the holidays, emphasizing flexibility.

#Regulatory discussions favor a cash model despite BlackRock's preference for an in-kind model, impacting industry engagement.
https://coinpedia.org/news/blackrocks-bitcoin-etf-the-ticker-revealed-in-sec-filing/

#Ripple President Monica Long predicts a shift to maturity, prioritizing compliance, institutional adoption & practical use.

Emphasis on coexistence between traditional banking & #blockchain, with enhanced usability and potential #regulatory developments.
https://coinpedia.org/news/exclusive-insights-ripple-presidents-2024-crypto-predictions/

Attorney John Deaton discusses SEC's aggressive stance against #crypto, doubts settlements, and criticizes #regulatory overreach.

Deaton praises #Coinbase's compliance, notes #Kraken's $50 million settlement, and expresses concern over SEC's power.
https://coinpedia.org/news/pro-xrp-lawyer-john-deaton-predicts-no-settlement-in-sec-vs-ripple-lawsuit/

#Binance's early 2023 dominance wanes due to the end of zero-fee trading and #regulatory issues. #crypto

Kaiko report reveals Binance's regulatory woes, liquidity concerns; delisting actions reflect evolving market dynamics.
https://coinpedia.org/news/binances-2023-odyssey-legal-battles-regulatory-storms-and-more/

Recent #regulatory changes in Hong Kong open doors for #XRP spot #ETFs amid #crypto evolution.

Dizer Capital founder Yassin Mobarak urges industry leaders to capitalize on Hong Kong's #crypto-friendly regulatory shift for XRP ETF.
https://coinpedia.org/news/shifting-interest-from-the-us-to-hongkong-as-leaders-urged-to-file-xrp-spot-etf/

#Binance gained 40 million new users, reaching 170 million, and invested $213 million in #regulatory compliance. #Cryptonews

Binance navigated market fluctuations, expanded global services, and prioritized security and user education in 2023.
https://coinpedia.org/news/binance-growth-report-a-truly-compliance-led-year-with-30-user-base-growth/

Analysts cautiously optimistic about #Coinbase in legal battle with SEC, with 70% chance of success. #CryptoNews

Recent court hearing highlights concerns about SEC's classification of tokens, potential chaos, and #regulatory uncertainties.
https://coinpedia.org/news/coinbase-vs-sec-is-dismissal-on-the-cards-heres-what-to-expect/

#Binance.US faces escalating legal troubles, including a $4.3 billion impending fine and #regulatory backlash in Florida and Alaska.

Ex-CEO Changpeng Zhao's guilty plea triggers license suspension, casting uncertainty on Binance.US's operational future amid ongoing legal challenges. #Crypto
https://coinpedia.org/news/binance-us-still-suspended-in-florida-and-alaska-following-czs-guilty-plea/

#Binance plans to sell back its stake in Gopax amid #regulatory concerns and SEC backlash.

The move aims to address reporting issues, with Binance converting Gopax's debt into equity. #CryptoNews
https://coinpedia.org/news/binance-takes-a-groundbreaking-move-to-sell-its-stake/

#Tether Holdings nears $100 billion circulation, securing dominance in #stablecoin market amid #regulatory concerns.

Tether strategically invests in #Bitcoin, faces regulatory scrutiny, but CEO defends stability and reliability. #CryptoNews
https://coinpedia.org/news/tether-approaches-100-billion-circulation-mark-jpmorgan-says-tether-is-mostly-at-risk/

#Ripple CTO David Schwartz's 2024 wishlist includes #regulatory clarity, resolution of SEC lawsuit, and #blockchain scalability.

Schwartz anticipates #crypto user base expansion, emphasizing user experience and foresees increased institutional adoption in 2024.
https://coinpedia.org/news/ripples-cto-david-schwartz-shares-his-optimistic-outlook-for-crypto-in-2024/

#Tether's annual run rate of $11.4 billion in 90 days surpasses Goldman Sachs' profits, raising concerns. #CryptoNews

#JPMorgan warns Tether's dominance poses #regulatory risks, while supporters highlight its unique approach and profits.
https://coinpedia.org/news/jpmorgan-warns-tethers-surge-threatens-crypto-markets-releases-special-report/

Top #CryptoNews In Last 12 Hours

1️⃣ #Worldcoin's $WLD token surged193.24%% in last 7 days, hitting 1M users, despite privacy and #regulatory controversies.

2️⃣ Virginia proposes $39,240 yearly for #AI and #cryptocurrency commissions, with $22,048 for AI and $17,192 for crypto.
promotes crypto #mining legislation with tax benefits.

3️⃣ South Korean ruling party proposes delaying #cryptotax for two years, citing need for regulatory framework.

4️⃣ Cryptocurrency exchange Backpack partners with Banxa, achieves $1 billion daily trading volume, leading SOL/USD #trading.

5️⃣ Japan approves proposal for venture capital firms to invest directly in #crypto projects, pending parliamentary amendment in 2024.

6️⃣ Vitalik Buterin suggests AI for #Ethereum bug fixing, ETH price hits $2900 ahead of Dencun upgrade.

#Kraken CEO responds to SEC lawsuit, highlighting flaws in complaint, advocating for #crypto #regulatory clarity.

Kraken argues SEC's claims lack legal basis, seeks dismissal, defends crypto industry against regulatory overreach.
https://coinpedia.org/news/kraken-seeks-dismissal-of-sec-lawsuit-cites-concerns-of-regulatory-overreach/

#Justin Sun reveals $1.6 billion #Bitcoin holdings on HTX, emphasizing active platform usage. #cryptonews

Speculation arises over Sun's involvement in massive Ethereum purchases amidst SEC scrutiny and #regulatory challenges.
https://coinpedia.org/news/justin-suns-massive-bitcoin-holdings-unveiled/

DWF Labs invests $10 million in #FLOKI, boosting confidence in its potential amid #regulatory scrutiny.

FLOKI's evolution from meme coin to #DeFi attracts attention, with rising TVL and market cap. #cryptomarket
https://coinpedia.org/news/floki-price-surges-to-9-month-high-following-dwf-labs-10-million-token-purchase/