TLDR Crypto

TLDR CRYPTO 2023-05-11

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01MARKETS & BUSINESS

BINANCE SLAMS US CRYPTO CRACKDOWN AND MAKES BID FOR UK OVERSIGHT

Binance is apparently struggling to operate in the US due to increased regulatory scrutiny. Its chief strategy officer, Patrick Hillmann, expressed the company's interest in being regulated in the UK, despite past clashes with London-based regulators. Binance has faced multiple lawsuits from US regulators, including the CFTC and the DOJ. While it is difficult to operate in the US now with its unclear regulatory framework, Hillmann believes the US will eventually follow Europe’s lead.

archive.ph3 min read

02INNOVATION & LAUNCHES

03GUIDES & TUTORIALS

04MISCELLANEOUS

TO THE CITY

Throughout the last bull market, Miami embraced cryptocurrencies and attempted to build out a thriving crypto ecosystem, the city has since experienced a significant shift in attitude toward digital currencies. Since the bear market ensued, MiamiCoin, a coin the city was looking at integrating, trading ceased, the Miami Heat had to replace FTX with another sponsor for its arena, and Blockchain.com abandoned its planned Wynwood office. The city now focuses on tech startups, AI, and venture capital, with Mayor Suarez emphasizing the lessons learned from their initial foray into the crypto world.

archive.ph6 min read

reuters.com3 min read