. Binance US Stops Dollar Deposits, Robinhood Removes Tokens After SEC Action. The Securities and Exchange Commission (SEC) is cracking down on cryptocurrency exchanges, and two of the biggest names in the industry are feeling the heat. Binance.US stops accepting USD deposits, and Robinhood delists three coins.
The names of FTX customers will not be disclosed by the bankruptcy court. The bankruptcy of cryptocurrency exchange FTX has raised concerns about the privacy of customer data. However, a bankruptcy court has ruled that the names of the customers will not be disclosed.
Robinhood Markets delists three crypto tokens. Robinhood Markets has removed three crypto tokens from its platform: Dogecoin, Shiba Inu and Safemoon. The company says that it has taken this decision after reviewing the risk assessment process.
The SEC Is Cracking Down on Crypto: Should the Industry Be Worried? The SEC is cracking down on cryptocurrency exchanges and companies offering crypto-related products and services. Some in the industry worry the SEC is going too far, while others say it is necessary to protect investors.
Crypto Price Today: Bitcoin Holds Above $26,500; BNB, Cardano Fall Up To 3% As Bitcoin Holds Above $26,500, But Other Cryptos Are Mixed. BNB and Cardano are down up to 3%, while Ethereum is up slightly.
Overall, the crypto market is still in a state of flux. The SEC's action is weighing on sentiment, but some investors are still optimistic about the industry's long-term prospects.