{"id":28403,"date":"2023-03-28T17:10:20","date_gmt":"2023-03-28T17:10:20","guid":{"rendered":"https:\/\/p2pb2b.com\/blog\/?p=28403"},"modified":"2023-03-29T08:47:11","modified_gmt":"2023-03-29T08:47:11","slug":"weekly-crypto-market-news-20-26-march","status":"publish","type":"post","link":"https:\/\/p2pb2b.com\/blog\/weekly-crypto-market-news-20-26-march\/","title":{"rendered":"Weekly Crypto Market News \/ 20 \u2013 26 March"},"content":{"rendered":"<p><span data-preserver-spaces=\"true\"><strong>Changpeng Zhao responded to the complaint of CFTC.<\/strong> Changpeng Zhao published an official response to the complaint on the Binance blog:<\/span><\/p>\n<ul>\n<li><span data-preserver-spaces=\"true\">Binance is the biggest non-American exchange. It has the most strict KYC verification and forbids all the residents of the USA access to trading.<\/span><\/li>\n<li>The exchange actively cooperates with law enforcers. Around 55 thousand requests have been processed, and for 2022-2023, assets worth $ 285 million were frozen.<\/li>\n<li>It has the most significant number of licenses\u201316.<\/li>\n<li>Binance has never traded against customers. Changpeng Zhao and coworkers of the crypto exchange can trade futures and have the right to one trade with a coin for 90 days, don&#8217;t use Launchpad, Earn, or Margin tools. It looks convincing. However, if all this is true, why is a lawsuit? <a href=\"https:\/\/www.binance.com\/en\/blog\/from-cz\/czs-response-to-the-cftc-complaint-2408916493005890282\">Read more<\/a><\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<p><strong>The Japanese Fujitsu cooperation is preparing to open cryptocurrency trading. <\/strong>Service Mark Application is already about this. <a href=\"https:\/\/tsdr.uspto.gov\/documentviewer?caseId=sn97842910&amp;docId=APP20230320124101#docIndex=1&amp;page=1\">Read more<\/a><\/p>\n<p>&nbsp;<\/p>\n<p><strong>Binance is launching a\u00a0<a class=\"editor-rtfLink\" href=\"https:\/\/www.binance.com\/en\/blog\/community\/binance-opens-a-regional-hub-in-georgia-8854914046327976377\" target=\"_blank\" rel=\"noopener\">crypto hub in Georgia\u00a0<\/a>and a crypto school in Ukraine.<br \/>\n<\/strong>Binance, with support of Blockchain4Ukraine, is launching a crypto school in Ukraine. <a href=\"https:\/\/www.binance.com\/uk-UA\/blog\/all\/binance-%D0%B7%D0%B0-%D0%BF%D1%96%D0%B4%D1%82%D1%80%D0%B8%D0%BC%D0%BA%D0%B8-%D0%B3%D0%BE-blockchain4ukraine-%D1%82%D0%B0-virtual-assets-of-ukraine--%D0%B2%D1%96%D0%B4%D0%BA%D1%80%D0%B8%D0%B2%D0%B0%D1%94-%D0%BA%D1%80%D0%B8%D0%BF%D1%82%D0%BE-%D1%88%D0%BA%D0%BE%D0%BB%D1%83-3951167501048887848\">Read more<\/a><\/p>\n<p>&nbsp;<\/p>\n<p><strong>Bloomberg: Chinese banks intend to cooperate with crypto companies in Honkhong.<\/strong> Chinese banks have been directly reaching out to crypto businesses over the past few months, adding to signs that the city&#8217;s push to become a major digital asset center has backing from Beijing, even though trading of crypto has been banned on the mainland for well over a year.<br \/>\nChinese Banks Court Crypto Firms in Hong Kong After Mainland Ban. <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2023-03-27\/chinese-banks-court-crypto-firms-in-hong-kong-after-mainland-ban\">Read more<\/a><\/p>\n<p>&nbsp;<\/p>\n<p><strong>Microstrategy has bought 6 455 BTC one more. Now, they have 138 955 BTC.<br \/>\n<\/strong><span class=\"css-901oao css-16my406 r-poiln3 r-bcqeeo r-qvutc0\">MicroStrategy repaid its $205M Silvergate loan at a 22% discount. As of 3\/23\/23, <\/span><span class=\"r-18u37iz\">$MSTR<\/span><span class=\"css-901oao css-16my406 r-poiln3 r-bcqeeo r-qvutc0\"> acquired an additional ~6,455 bitcoins for ~$150M at an average of ~$23,238 per <\/span><span class=\"r-18u37iz\">bitcoin<\/span><span class=\"css-901oao css-16my406 r-poiln3 r-bcqeeo r-qvutc0\"> &amp; held ~138,955 BTC acquired for ~$4.14B at an average of ~$29,817 per bitcoin. <\/span><a href=\"https:\/\/mobile.twitter.com\/saylor\/status\/1640325496654143488\"><span class=\"css-901oao css-16my406 r-poiln3 r-bcqeeo r-qvutc0\">Learn more<\/span><\/a><\/p>\n<p>&nbsp;<\/p>\n<p><strong>SEC has issued a warning about breaking the law in the staking and passive income programs.<br \/>\n<\/strong>Coinbase asked the SEC for reasonable crypto rules for Americans and got legal threats instead. <a href=\"http:\/\/coinbase.com\/blog\/we-asked-the-sec-for-reasonable-crypto-rules-for-americans-we-got-legal\">Learn more<\/a><\/p>\n<p>&nbsp;<\/p>\n<p><strong>A platform for staking appeared in the institutional version of the crypto Metamask wallet.<br \/>\n<\/strong>The marketplace will bring together staking providers, offering simple, one-click staking to institutions. The aim is to facilitate broader institutional participation and boost Ethereum network security by simplifying ETH staking. <a href=\"https:\/\/twitter.com\/MMInstitutional\/status\/1638529697452630018\">Read more<\/a><\/p>\n<p>&nbsp;<\/p>\n<p><strong>Research: the USA authorities own 205 515 BTC.<br \/>\n<\/strong><span class=\"css-901oao css-16my406 r-poiln3 r-bcqeeo r-qvutc0\">The US Government is one of the biggest <\/span><span class=\"r-18u37iz\">#Bitcoin<\/span><span class=\"css-901oao css-16my406 r-poiln3 r-bcqeeo r-qvutc0\"> whales. Since 2020, they seized 215k+ <span class=\"r-18u37iz\">$BTC<\/span> &#8211; currently holds at least $5.65b worth. <\/span><a href=\"https:\/\/twitter.com\/DuneAnalytics\/status\/1638853345845624833\"><span class=\"css-901oao css-16my406 r-poiln3 r-bcqeeo r-qvutc0\">Read more<\/span><\/a><\/p>\n<p>&nbsp;<\/p>\n<p><strong>Tether has announced excess backing of USDT in $1,66 billion.<\/strong><br \/>\nCrypto firm Tether says it has around $1.6 billion in excess reserves to back its USDT stablecoin. <a href=\"https:\/\/www.cnbc.com\/2023\/03\/24\/tether-estimates-around-1point6-billion-in-excess-reserves-to-back-usdt-.html\">Read more<\/a><\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Changpeng Zhao responded to the complaint of CFTC. Changpeng Zhao published an official response to the complaint on the Binance blog: Binance is the biggest non-American exchange. It has the most strict KYC verification and forbids all the residents of the USA access to trading. The exchange actively cooperates with law enforcers. Around 55 thousand &hellip;<\/p>\n","protected":false},"author":1,"featured_media":27147,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[1],"tags":[428],"topic":[1970],"difficulty":[1360],"collection":[],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v19.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Weekly Crypto Market News \/ 20 \u2013 26 March &mdash; Crypto news 2024 P2B<\/title>\n<meta name=\"description\" content=\"Do you want to be aware of the hottest news in the crypto world for the last week? 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