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The SEC Needs to 'Wake Up': Sen. Tuberville

Sen. Tommy Tuberville (R-Ala.) shares his thoughts on the state of crypto regulation in the United States after the U.S. Securities and Exchange Commission (SEC) sues Coinbase and Binance. The lawmaker also explains why he is introducing a bill that aims to block Chinese ownership of American crypto companies.

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Binance Sets Up Bitcoin Lightning Nodes to Ease Deposits and Withdrawals

Crypto exchange Binance said it has set up Lightning nodes on the Bitcoin network to eventually offer Lightning-based bitcoin deposit and withdrawal services to users, according to a tweet on Tuesday. "The Hash" panel discusses what this means for users after Binance said it would integrate the Lightning network back in May.

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Policy

Australian Payment Provider Cuscal Imposes New Restrictions on Crypto; Industry Body Criticizes Move

"Australians ... expect to be able to spend their money and use their assets as they choose, without undue restrictions," a Blockchain Australia official said.

The Sydney Opera House in Australia (Stanbalik/Pixabay)

Finance

Binance Sets Up Bitcoin Lightning Nodes to Ease Deposits and Withdrawals

A host of crypto exchanges have set up their own Lightning nodes in recent months to offer faster bitcoin transactions to users.

Binance sets up lightning network nodes (Leon Contreras/Unsplash)

Policy

UK Financial Watchdog Cancels Binance Permissions on Firm's Request

U.K.'s Financial Conduct Authority said Binance's local unit is no longer authorized to provide any regulated services in the country.

Changpeng Zhao, commonly known as "CZ", founder and CEO of Binance, at Davos in 2023. (Casper Labs)

Policy

Judge Signs Off on Binance, SEC Deal to Move All U.S. Customer Funds, Wallet Keys Back Onshore in Lieu of Restraining Order

The proposed agreement addresses the SEC's motion for a temporary restraining order.

(Danny Nelson/CoinDesk)

Videos

Binance Under Investigation in France for 'Aggravated' Money Laundering

Crypto exchange Binance's French unit is under investigation by local authorities for the "illegal" provision of digital asset services and "acts of aggravated money laundering," according to the Paris public prosecutor's office. Separately, Binance is leaving the Netherlands, after failing to persuade the Dutch regulator to issue a virtual asset service provider (VASP) license, which attests that it meets anti-money laundering (AML) guidelines. "The Hash" panel breaks down the latest developments.

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Videos

BlackRock's iShares Files Paperwork for Spot Bitcoin ETF; Binance Global Fallout

The iShares unit of fund management giant BlackRock (BLK) filed paperwork Thursday afternoon with the U.S. Securities and Exchange Commission (SEC) for the formation of a spot bitcoin (BTC) ETF. Separately, Binance's French unit undergoes investigation by local authorities for potential money laundering. The exchange is also leaving the Netherlands after failing to acquire a license from the Dutch regulator. "First Mover" hosts weigh in.

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Policy

SEC Enforcement Director: 'We're Not Concerned With the Labels' in Crypto Cases

Gurbir Grewal spoke about the SEC's recent actions during a panel Friday.

SEC Enforcement Director Gurbir Grewal (right) (Nikhilesh De/CoinDesk)

Policy

Binance Under Investigation in France for 'Aggravated' Money Laundering

Binance is suspected of illegally providing digital asset services to local customers, and implementing poor money laundering checks, the Paris public prosecutor told CoinDesk.

Changpeng Zhao ,CEO of Binance, at Consensus Singapore 2018 (CoinDesk)