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/

Nigerian government denies $10 billion fine on #Binance, amidst broader #crypto crackdown and #regulatory challenges.

Binance expresses commitment to settle matters, denies allegations, amidst Nigerian #cryptomarket concerns and regulatory environment.
https://coinpedia.org/news/nigerian-government-refutes-10-billion-fine-speculation-on-binance-amid-crypto-crackdown/

#Coinbase appeals SEC's denial, citing #regulatory overreach and lack of clear framework for #crypto.

Legal battle ongoing as SEC sues Coinbase for alleged unregistered operation; hearings ongoing.
https://coinpedia.org/news/coinbase-charges-u-s-sec-with-legal-violations-for-dismissing-cryptocurrency-regulation-proposals/

#Lazarus group launders $13 million via #TornadoCash, linked to HTX/HECO thefts, despite #regulatory sanctions.

North Korean-affiliated Lazarus Group, notorious for #cryptohacks, evades sanctions using Tornado Cash.
https://coinpedia.org/news/lazarus-group-on-the-rise-launders-over-13-million-via-tornado-cash/

SEC's sealed remedial reply brief release divides market, Ripple's strategy crucial amid #regulatory implications. #Ripple #XRP

Pro-XRP lawyer Bill Morgan scrutinizes SEC's claims, questions potential disgorgement, anticipates appeal avenues, and injunction scope. #Crypto
https://coinpedia.org/news/is-this-the-end-of-ripple-vs-sec-lawsuit-secs-redacted-remedies-reply-could-change-everything/

John Reed Stark, ex-SEC Official, supports #SEC, stating court order confirms #Coinbase's security offering. #CryptoNews

Stark emphasizes legal precedents, refuting Coinbase's "Regulatory Clarity" claim, citing established #regulatory framework.
https://coinpedia.org/news/coinbase-vs-sec-sec-strikes-back-at-coinbase-with-shocking-memo/

Turkey submitted #crypto bill to parliament, aims to regulate service providers and align with FATF.

Bill focuses on licensing, registration, adherence to FATF guidelines to enhance #regulatory framework. #cryptoNews
https://coinpedia.org/news/turkeys-new-crypto-bill-aims-to-enhance-fatf-compliance/