Leading cryptocurrency exchange Binance is increasing scrutiny of its users in an effort to bar US investors from its platform, after the company pleaded guilty in November to violating U.S. anti-money laundering and sanctions laws and settled with U.S. regulators for $4.3 billion.
Asset management giant Fidelity Investments is looking to allow participants in its proposed Ethereum exchange-traded fund to stake a portion of their holdings, according to an amendment submitted to the U.S. Securities and Exchange Commission (SEC).
Popular cryptocurrency exchange OKX is phasing out trading pairs for Tether’s USDT stablecoin in the European Economic Area (EEA) in a move that comes as the European Union prepares to implement a comprehensive regulatory framework for cryptocurrencies known as MiCA.
Top stories in the Crypto Roundup today:
- Binance Tightens Checks to Bar US Investors
- Fidelity Adds Staking to Proposed Ethereum ETF
- OKX Phases Out USDT Pairs in Europe Ahead of Regulatory Change