Binance Curb on Zero-Fee Trading May Cost Market Share, Boost TrueUSD Stablecoin: Kaiko Research Head

Binance abolished almost all zero fee trading pairs from its platform after nine months, only keeping the promotion for the TUSD-bitcoin pair.Source

SEC Warns Coinbase It’s Pursuing Enforcement Action Over Securities Violations

Crypto exchange Coinbase (COIN) may soon face an enforcement action tied to its listing of potential unregistered securities, the company said Wednesday.Source

Kraken to Suspend ACH Deposits and Withdrawals Following Silvergate Shutdown

The exchange says no other services will be affected by this change.Source

Bitcoin Sinks Below $27K as Federal Reserve, Powell Keep Focus on Inflation

The U.S. central bank confirmed expectations of raising the rate by 25 basis points.Source

Tron Network’s TRX Drops 13% Following SEC Charges Against Justin Sun

Other Sun-related tokens such as SUN, JUST and HT also took hits amid the SEC allegations.Source

ARK Invest Sells $13.5M Coinbase Shares After Steady Buying Streak

Before this sale, ARK Invest owned 9.9 million shares of the crypto exchange worth $575 million.Source

White House Takes Aim at Crypto in Scathing Economic Report

The report, authored by the White House Council of Economic Advisers, laid out a number of issues seen within the digital asset ecosystem.Source

U.S. Senate’s Warren Calls for Crackdown on ‘Sham’ Crypto Audits

Sen. Elizabeth Warren (D-Mass.) and another prominent colleague urged the U.S. auditing watchdog to take action against “sham audits” of crypto companies, citing the contribution of such audits to the recent stresses in the U.S. banking system.Source

Bitcoin Holds Firm Above $28K, Equities Rise Amid Banking Sector Rebound

The FOMC will announce its next interest rate decision on Wednesday with markets betting squarely on a 25 basis point rate increase.Source