Bitcoin News Roundup: Latest Updates from the Cryptocurrency Market

Bitcoin News 085: BTC Reaches $25K, US Senators Introduce Pro-Crypto Bill

BTC Price Surges to $25,000

Bitcoin (BTC) has surged to a new 2023 high of $25,000, marking a significant milestone in its recent recovery trend. The rally was driven by a combination of positive news and a weakened US dollar.

US Senators Propose Pro-Crypto Bill

Two US senators, Cynthia Lummis (R-WY) and Kirsten Gillibrand (D-NY), have introduced a bipartisan bill titled the “Responsible Financial Innovation Act.” The bill aims to provide a clear regulatory framework for cryptocurrency and digital assets.

SEC Investigates Binance’s BNB Token

The US Securities and Exchange Commission (SEC) is reportedly investigating Binance’s native token, BNB, for potential violations of securities laws. The SEC is seeking information about BNB’s issuance and its relationship with Binance’s centralized exchange.

Japanese Bank to Launch Crypto Trading Services

SBI Holdings, a major Japanese bank, has announced plans to launch cryptocurrency trading services for institutional clients. The services will be provided through a subsidiary called SBI VC Trade, which will allow institutions to trade major cryptocurrencies like BTC, ETH, and XRP.

Crypto Exchange Kraken Fined by SEC

The SEC has fined crypto exchange Kraken $30 million for failing to register its staking-as-a-service program. The program allowed customers to earn rewards for staking their cryptocurrency assets, without properly disclosing the risks involved.

Other Notable News

* Hong Kong to Legalize Retail Crypto Trading: The Hong Kong government has proposed legalizing retail crypto trading, opening up the market to a wider audience.

Bitcoin News Roundup: Latest Updates from the Cryptocurrency Market

* Coinbase Reports Strong Q4 Results: Cryptocurrency exchange Coinbase reported strong earnings for the fourth quarter of 2022, driven by increased trading volume and participation.

* Ethereum Shanghai Upgrade Nears: The highly anticipated Ethereum Shanghai upgrade, which will enable withdrawals from the staked ETH pool, is expected to go live in March.

Conclusion

The recent surge in BTC price and the introduction of pro-crypto legislation in the US are positive signs for the cryptocurrency industry. However, the SEC’s investigation into BNB and the fine against Kraken highlight the need for clear regulatory guidelines. As the industry continues to evolve, it is important for investors to stay informed and exercise caution.

原创文章,作者:Kevin,如若转载,请注明出处:https://feifeihe.com/12895.html

Like (0)
KevinKevin
Previous 16 hours ago
Next 16 hours ago

相关推荐

Leave a Reply

Your email address will not be published. Required fields are marked *

普人特福的博客cnzz&51la for wordpress,cnzz for wordpress,51la for wordpress