GRAPHIC-Global markets in H1: Banks vs the machines

June 17 (Reuters) – Binance, the world’s biggest cryptocurrency exchange, and Binance.US have entered into an agreement with the U.S.

Securities and Exchange Commission to ensure that U.S. customer assets remain in the United States until a sweeping lawsuit filed this month by the regulatory agency is resolved.

The lawsuits against Binance and Coinbase Global have increased fears the crypto market’s ordeal could be prolonged further after the sector was battered by a string of meltdowns including the bankruptcy of FTX, Binance’s biggest competitor, last year.

“It started with BlackRock’s Bitcoin ETF filing and now others are following,” said Edward Moya, a senior market analyst at OANDA. “Who needs regulatory clarity if you see BlackRock making a move?”

The payment includes $1.17 million of refunds to 4,691 investors, which may be reduced if they withdraw crypto assets during a specified 90-day period, plus a $626,000 fine.

With the price fluctuations in the crypto trading market, automating the trades will help you earn profits positively.

The automated bots are preprogrammed and will follow the rules regardless of the market conditions.

customers from its platform. Binance and its CEO Changpeng Zhao were charged last week by the U.S.

Securities and Exchange Commission (SEC) with 13 offences, including operating an unregistered securities exchange and failing to restrict U.S. Binance disputes the SEC charges.

Fidelity is one of several big asset managers that have applied to list bitcoin ETFs recent weeks. BlackRock, WisdomTree, Invesco and VanEck also submitted paperwork for spot bitcoin ETFs on Cboe BZX, 币安 Nasdaq and NYSE Arca, which is owned by Intercontinental Exchange Inc .

Bets for a pause were supported by data overnight showing the number of Americans filing new jobless claims surged to a more than 1 1/2-year high, indicating a loosening labour market that could further quell inflation.

The bots eliminate the possibility of human errors in their executed trades.

So, there is no need to worry about executing trades manually.

While the SEC crackdown on Binance.US has raised questions over its future, traders say dealing with Binance is unavoidable.

It is the world’s largest exchange with around 60% of trading volumes globally, according to Kaiko data.

Simsek said this week that the guiding principles for the economy would be transparency, consistency, accountability and predictability. Erdogan had last week put well-regarded former finance minister Mehmet Simsek back in the post.

A slew of altcoins – a catch-all for most cryptocurrencies except bitcoin and ether – have been harpooned in lawsuits filed by U.S.

regulators against exchanges Binance and Coinbase last week, hammering the prices of the tokens.

At crypto broker Genesis Trading, “dozens” of top-tier clients have increased their exposure to bitcoin following the BlackRock filing, said Gordon Grant, managing director of sales and trading.

Likewise, the platform allows traders to engage in leverage trading. In this case, traders only have to put a small amount to open large positions. A leverage of as much as 1:100 allows traders to maximize returns by trading more than 100x funds in the account.

June 27 (Reuters) – Asset manager Fidelity is expected to file with the U.S.

securities regulator for a spot bitcoin exchange-traded fund, joining other big money managers seeking to launch bitcoin ETFs, the Block reported on Tuesday citing a source familiar with the matter.

A regulatory crackdown has also weighed on the crypto sector.

Binance and Coinbase Global, two of the biggest crypto exchanges, were sued this month by the SEC for allegedly violating its rules, which the pair deny.

“If territories are willing to come up with a balanced clear transparent approach, OKX would like to be regulated and licensed and operate in that jurisdiction,” Byun said.

The UK-based lenders, and the Bank of China were questioned by the Hong Kong Monetary Authority last month on why crypto exchanges were not being accepted as clients, the report added.

Egypt has devalued its currency more nearly 20%, Nigeria has cut naira by 40%, while at the other end of the table Colombian and Mexican pesos and Hungary’s forint are up between 10% and 17%.