“They’re screwed, I think, unless they can spin up a new entity in an unregulated area, which they might do,” the CEO of one of the firms preparing to use an overseas jurisdiction, who also requested anonymity. “I know that some of these firms have been either in the process of IPO prep or serious funding talks and then those conversations have materially collapsed as a result of the FCA’s approach here, which is not meritocratic and is super subjective.”
Crypto markets nosedived Monday following the SEC suit accusing Binance, the world’s largest crypto exchange by trading volume, and its...
Similarly, Valerii Brizhatiuk, co-founder of Swisstronik, an identity-based L1, said that “players such as Binance have a wide range of...
“Growth has been hard to predict in this extended bear market and uncertain regulatory environment,” a spokesperson for Arca told...
DYDX, the native token for the decentralized exchange platform with the same name, jumped to $2.23 at press time after...
Velodrome’s upgrade is slated for June 15 and is a complete overhaul of the protocol. Source link
