Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The crypto market ends the week at a total market capitalization of $2,17 trillion. Bitcoin continues to trade at around $62,300. Ethereum experiences no changes and stagnates at around $2,400. XRP is down by 2%, Solana by 1%, and Dogecoin by 3%. Almost all altcoins are trading in the red, with very few exceptions. The DeFi sector decreased the total value of protocols (TVL) to around…
Infrawatch PH
Filipino Thinktank Pressures Regulators to ‘Immediately Ban’ Binance
Filipino policy institute, Infrawatch PH has filed a complaint to the SEC regarding Binance’s alleged illegal operations within the region. The latest filing will be the institute's second attempt to push for a Binance investigation this month. “Doing Business Without License” The think tank called for the watchdogs to launch an investigation into the crypto exchange platform. In their 12-page filing, they outlined a series of infractions for which they believe the SEC should hold Binance liable. To start with,…
3 years ago
Infrawatch PH Calls On Philippine Govt to Ban Binance Over Illegal Promotions
Philippine-based public think tank Infrawatch PH has asked the Department of Trade and Industry (DTI) to probe Binance over illegally promoting offers in the country. Infrawatch PH made this request through a letter, claiming that the exchange has been targeting Filipino users with unregistered offers. The letter, which the think tank’s Convenor, Terry Ridon, addressed to DTI Secretary Ramon Lopez, read: We would like to bring to your immediate attention the illegal sales promotion of Binance which presumably have been…
3 years ago