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Such an increase is likely due to the possible termination of litigation with the SEC

It will consist of 10 people, and will be headed by former US Senator Max Baucus

The company called the procedure “a routine”

According to the company's decision, the ban will go into effect on October 18

According to the head of the exchange, Brian Armstrong, rigid oversight of the sector is holding it back

Also, the issuer of the stablecoin should disclose information about cooperation with Bitfinex, Poloniex, and Bittrex exchanges

According to the agency’s employees, such services allow Russia, Iran, and the DPRK to circumvent the restrictions imposed

In this, the authorities propose to introduce a two-year grace period for existing issuers

The company has a total of 130 000 bitcoins on its balance sheet

The initiative is pending regulatory approval

The commission’s staff said that most of the transactions on the blockchain take place within the United States

Changpeng Zhao particularly appreciated the focus on consumer protection, anti-fraud and financial crime