Coinbase and Binance Lawsuits Put Crypto on Ice

Coinbase and Binance Lawsuits Put Crypto on Ice

For the second time in 24 hours, the US Securities and Exchange Commission has sued a major cryptocurrency exchange. Yesterday, the regulator filed charges against Binance and its CEO, Changpeng Zhao, with accusations of manipulative trading practices,...
China’s Metaverse Is All About Work

China’s Metaverse Is All About Work

That ban helped set the path for the development of the Chinese metaverse, experts say, since it decoupled virtual spaces from digital assets. “The key difference [in the metaverse] between China and the rest of the world is it’d be heavily regulated in a centralized...
Confusion Spirals in Crypto as the US Cracks Down

Confusion Spirals in Crypto as the US Cracks Down

The US Securities and Exchange Commission is on the warpath—and crypto is in its crosshairs. Over the weekend, The Wall Street Journal reported that the agency intends to sue crypto firm Paxos for issuing BUSD, a stablecoin developed in partnership with...