Crypto Guidelines in US Under Review by OCC

Michael J. Hsu, the Acting Comptroller of the OCC, said in a statement that the agency will review past crypto guidelines issued by the agency. The United States Office of the Comptroller of Currency, which oversees the operations of banks in the nation, will be reviewing its crypto guidelines. Newly appointed Acting Comptroller Michael J. […]

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Bitcoin (BTC) Breaks Down From Channel Amid Bearish Sentiment

(BTC) has broken down from a descending parallel channel that has been in place since April 14. It’s currently attempting to find support, approaching a strong Fib support area near $37,000. BTC breaks down from channel BTC had been trading inside a descending parallel channel since April 14. While it initially bounced at the support line […]

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‘This Is Gonna Go On for Some Time,’ US Regulators Investigating Binance – Report

The investigation into global cryptocurrency exchange Binance by US authorities could take years before it reaches its conclusion. On Friday, news outlet Bloomberg sent shockwaves through the cryptoverse after reporting that Binance is being investigated by officials who probe money laundering and tax offenses. The officials involved include prosecutors from the Justice Department’s bank integrity unit and […]

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US crypto exchange Coinbase reports strong first quarter earnings.

For the first time since its direct listing on the NASDAQ this April, US crypto exchange giant Coinbase published its first quarter earnings. Crypto exchange Coinbase published its first quarter earnings since it went public earlier this year. In its earnings call, Coinbase announced that it had seen tremendous results since its public debut. “The wind is […]

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