Coinbase, Inc., the largest cryptocurrency trading platform in the US, has filed a legal action against the US Securities and Exchange Commission (SEC) seeking regulatory clarity for the crypto sector.
Standard Chartered has announced that the "crypto winter" has come to an end, and Bitcoin could potentially reach $100,000 by the end of 2024. In a note released on Monday, Geoff Kendrick, the head of crypto and FX research at the bank, cited the recent U.S. banking crisis, which sparked a price rally in Bitcoin and re-established its core use case "as a decentralised, trustless and scarce digital asset."
A judge has approved the use of surveillance software on the mobile phones of Sam Bankman-Fried's parents to ensure that the FTX co-founder adheres to his bail conditions. Bankman-Fried's legal team had previously requested an extension for enforcing the revised bail conditions, citing difficulties in finding suitable surveillance software for his parents' devices.
Top stories in the Crypto Roundup today:
- Coinbase Pursues Legal Action for Crypto Regulatory Clarity from the SEC
- Standard Chartered Predicts the End of 'Crypto Winter'
- Judge Approves Surveillance Software on SBF's Parents' Phones to Ensure Bail Compliance