Crypto Biz: Crypto outflows surge, a16z’s UK office, and the silent altcoins ban
A tight regulatory environment in the United States coupled with soaring interest rates is forcing crypto companies to rethink their business strategies.
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Autor Cointelegraph By Ana Paula Pereira
Bakkt follows Robinhood, eToro in delisting major altcoins: Report
Bakkt reportedly suspended trading of Solana, Polygon, and Cardano — tokens the U.S. SEC recently deemed securities.
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3AC liquidators file motion to hold Kyle Davies in contempt
Civil sanctions against 3AC co-founder Kyle Davies include an award of attorneys’ fees and a $10,000 daily fine until he is in compliance with a subpoena.
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New York bans CoinEx exchange, seizes $1.7M in crypto assets
CoinEx was shut down for failing to register as a broker-dealer and for “falsely representing itself as a crypto exchange,” the NYAG said.
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SEC lawsuit sheds light on Coinbase's management
In a recent interview with Cointelegraph, venture capitalist Kevin O’Leary criticized Coinbase’s strategy to address the current regulatory environment.
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