This Is What Happened Cryptocurrency World Today: #news #crypto

US SEC sues Kraken crypto exchange over failure to register, SEC accuses Kraken of commingling customer funds, similar to what FTX did. According to Bloomberg, US Government seeks over $4 billion from #Binance to end criminal case. Bitcoin and crypto exchange Bittrex Global to shut down. Increase in Bitcoin hash rate signals strong miner commitment before 2024 halving. Senator Cynthia Lummis says ‘SEC can not continue ruling by enforcement’ following Kraken lawsuit. Canada’s banking regulator, the Office of the Superintendent of Financial Institutions (OSFI), is calling for comments about guidelines for how banks should report crypto exposure. The Monetary Authority of Singapore has announced a live CBDC pilot for wholesale settlement in 2024.

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