Binance Ordered to Halt Offering Crypto Services in Belgium by Markets Regulator
The crypto exchange is accused of serving Belgian customers from countries outside the European Economic Area in violation of the law, the FSMA has said.Source
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Home Improvement Giant Lowe’s Is Selling an Mfers Meme NFT Garden Flag
The “Evergreen Siezenals” garden flag is selling for $39.98 at Lowe’s. It features the phrase “cc0 summer 2023” and mfers characters and comes with a replica NFT that can be redeemed online.Source
Bitcoin Hits One-Year High, Soars Past $31.3K
The largest cryptocurrency by market capitalization has been surging this week after three financial services giants filed applications for spot bitcoin ETFs.Source
Sam Bankman-Fried Can’t Subpoena Law Firm Fenwick & West for Documents, U.S. Judge Rules
The founder of collapsed crypto enterprise FTX had argued legal advice from the Silicon Valley law firm was “at the core” of the government’s criminal allegations against him.Source
SEC Sought Freeze Order Despite ‘No Evidence’ That Binance Was Moving U.S. Customer Funds
The SEC’s “pre-crime” litigation strategy seemed to annoy Judge Amy Jackson.Source
Leveraged Bitcoin Futures ETF to Start Trading Tuesday, Sponsor Says
Volatility Shares’ 2x Bitcoin Strategy ETF (BITX) will become the first leveraged crypto ETF available in the United States after the U.S. Securities and Exchange Commission (SEC) let it go effective on Friday, an executive at the company told CoinDesk.Source
APLD Signs Artificial Intelligence Hosting Deal Worth Up to $460M
Shares of miner Applied Digital surged on Nasdaq as the firm announced a second AI cloud hosting deal.Source
Coinbase Wins Supreme Court Ruling in Arbitration Lawsuit
Crypto exchange Coinbase won a reprieve from the U.S. Supreme Court on Friday, after the high court ruled that a lawsuit filed by one of the exchange’s users couldn’t proceed until Coinbase defends an appeal of a lower court ruling.Source
Three Quarters of Jurisdictions Not Complying With Global Crypto Laundering Norms, FATF Says
The global anti-money laundering watchdog FATF said North Korea is using digital assets to fund weapons of mass destructionSource
Will BlackRock’s Bitcoin ETF Take the Spirit Out of the Honey Badger?
Financial advisors will want a simple story to tell.Source