LATEST NEWS

Binance Delists USDT Spot Pairs in Europe to Comply with MiCA Regulations

Binance Delists USDT Spot Pairs in Europe to Comply with MiCA Regulations

Cryptocurrency exchange Binance has removed spot trading pairs involving Tether’s USDT and other non-compliant tokens in the European Economic Area (EEA), in a move to align with the European Union’s Markets in Crypto-Assets Regulation (MiCA). The decision follows an earlier announcement from Binance outlining plans to delist non-MiCA-compliant assets by March 31, 2025. While EEA users can no longer trade...

More Stories

    Newsletter | Every weekday

    Smart Central News Weekly Briefing

    Only top industry news of the week in your inbox

    Australia Proposes New Crypto Laws Ahead of Election, Pledges Action on De-Banking

    Australia Proposes New Crypto Laws Ahead of Election, Pledges Action on De-Banking

    Australia’s Labor-led government has unveiled plans to regulate cryptocurrency exchanges and custody services under existing financial services laws, part of a broader effort to formalize the country’s digital asset landscape. The proposal, released by the Treasury Department on March 21, aims to extend financial compliance standards to major crypto platforms while offering exemptions for smaller entities. The proposed framework will...

    US Treasury Declares Tornado Cash Case Moot After Delisting, Coinbase Pushes Back

    US Treasury Declares Tornado Cash Case Moot After Delisting, Coinbase Pushes Back

    The U.S. Treasury Department has argued that the lawsuit challenging its sanctions on crypto mixer Tornado Cash should be dismissed as moot following the protocol’s removal from the sanctions list on March 21. The department maintains that no final court judgment is necessary now that Tornado Cash and several related smart contracts have been delisted from the Specially Designated Nationals...

    Bitcoin ETFs Retain 95% of Investors Despite 25% Price Decline

    Bitcoin ETFs Retain 95% of Investors Despite 25% Price Decline

    Since the start of 2025, Bitcoin’s price has dropped by approximately 25%. Despite this downturn, 95% of U.S.-based spot Bitcoin ETF investors are holding their positions, signaling long-term confidence in the market. Bloomberg data shows that while investors face market pressures, they prefer to retain their ETF assets rather than sell, keeping total managed assets above $115 billion. Bloomberg strategist...

    Bybit CEO Weighs in on Hyperliquid’s $4M Loss from Leveraged ETH Trade

    Bybit CEO Weighs in on Hyperliquid’s $4M Loss from Leveraged ETH Trade

    Bybit CEO Ben Zhou addressed the recent $4 million loss suffered by decentralized exchange (DEX) Hyperliquid due to a high-leverage Ether trade, acknowledging that centralized exchanges (CEXs) face similar challenges in handling liquidation risks. On March 12, a crypto trader walked away with $1.8 million, forcing the Hyperliquidity Pool (HLP) to absorb a $4 million loss after executing a 50x...

    Crypto Whale Loses $308M on Leveraged Ether Position Amid Market Volatility

    Crypto Whale Loses $308M on Leveraged Ether Position Amid Market Volatility

    A large cryptocurrency trader, known as a whale, suffered a staggering $308 million loss after a leveraged Ether position was liquidated, highlighting the risks of high-leverage trading in turbulent market conditions. Blockchain data from Hypurrscan reveals that the unknown trader was liquidated on a 50x leveraged long position, amounting to over 160,234 Ether (ETH), valued at more than $308 million...

    Ether Faces $1.8K Risk as ETF Outflows and Tariff Concerns Weigh on Market

    Ether Faces $1.8K Risk as ETF Outflows and Tariff Concerns Weigh on Market

    Ether has declined over 53% since December, with analysts warning of further losses amid trade war concerns and persistent ETF outflows. The cryptocurrency continues to struggle against macroeconomic pressures, including U.S. import tariffs and a lack of builder activity on the Ethereum network, leading to prolonged selling pressure. TradingView data indicates that Ether’s downward trend began on Dec. 16, 2024,...

    DeFi TVL Plummets as Market Sentiment Shifts Post-US Election

    DeFi TVL Plummets as Market Sentiment Shifts Post-US Election

    The total value locked (TVL) in decentralized finance (DeFi) protocols has erased all gains made since the November 2024 U.S. presidential election, reflecting a broader shift in market sentiment. Following Donald Trump’s victory, DeFi TVL surged to $138 billion by Dec. 17 but has since retracted to $92.6 billion as of March 10, according to analyst Miles Deutscher. The downturn...

    Trump’s White House Crypto Summit: Confirmed Attendees and Key Discussions

    Trump’s White House Crypto Summit: Confirmed Attendees and Key Discussions

    As U.S. President Donald Trump prepares to host the first White House Crypto Summit on March 7, more than 20 industry leaders have confirmed their participation. The roundtable, scheduled from 6:30 pm to 10:30 pm UTC, is expected to include over 25 attendees, including members of the Presidential Working Group on Digital Assets. According to Fox Business reporter Eleanor Terrett,...

    Solana Co-Founder Opposes U.S. Crypto Reserve Despite SOL’s Inclusion

    Solana Co-Founder Opposes U.S. Crypto Reserve Despite SOL’s Inclusion

    Solana co-founder Anatoly Yakovenko has voiced opposition to the idea of a U.S. national cryptocurrency reserve, warning that government control could undermine decentralization. In a March 6 post on X, Yakovenko outlined his stance, stating his primary preference is for no reserve at all, as state control over digital assets could compromise the core principles of decentralization. As an alternative,...

    U.S. Senate Rejects Proposed Cryptocurrency Brokerage Regulations

    U.S. Senate Rejects Proposed Cryptocurrency Brokerage Regulations

    The U.S. Senate has decisively rejected a set of brokerage regulations proposed by the Biden administration that sought to impose new requirements on cryptocurrency transactions. The regulations, which aimed to mandate software developers and decentralized finance (DeFi) platforms to collect user data, were struck down in a significant legislative move. While the Senate’s decision marks a critical step in removing...

    SEC Drops Appeal in Crypto Dealer Rule Case, Ending Legal Battle

    SEC Drops Appeal in Crypto Dealer Rule Case, Ending Legal Battle

    The US Securities and Exchange Commission (SEC) has abandoned its appeal in a case that sought to expand the definition of a dealer, a move widely viewed as a threat to decentralized finance (DeFi) platforms. In a filing to the Fifth Circuit Appeals Court on February 19, the SEC stated its decision to “voluntarily dismiss this appeal,” a motion that...

    Transak Secures Money Transmitter Licenses in Illinois and Missouri

    Transak Secures Money Transmitter Licenses in Illinois and Missouri

    Web3 payment infrastructure provider Transak has obtained Money Transmitter Licenses (MTLs) in Illinois and Missouri, allowing it to operate independently in these states, crypto.news has confirmed. This development enables Transak to directly facilitate fiat-to-crypto transactions for residents and businesses without reliance on external provider licenses. A Money Transmitter License permits firms in the U.S. to engage in money transmission activities...

    Scammers Pose as FTX Debt Claimants, Stealing $5.6 Million

    Scammers Pose as FTX Debt Claimants, Stealing $5.6 Million

    A sophisticated scam group posing as FTX debt claimants has defrauded two companies of more than $5.6 million, according to a recent report by Inca Digital. The perpetrators allegedly utilized AI-generated identities and gained unauthorized access to bankruptcy records to execute the scheme. The investigation identified the likely culprits as individuals operating under the aliases Lim Chee Chong and Teh...