• CZ denies rumors of Binance executives resigning due to regulatory challenges
• BlackRock CEO Larry Fink likens crypto to ‘digitizing gold’ and praises Bitcoin as an ‘international asset’
• Bitwage halts USDC payments for US residents, Valkyrie refiles ETF application with Coinbase as surveillance partner
Binance Regulatory Challenges
CZ has denied rumors that senior Binance executives are resigning due to ongoing regulatory challenges. This comes after the crypto exchange recently faced several legal troubles in both Japan and the United States.
BlackRock CEO Praises Bitcoin
BlackRock CEO Larry Fink has likened crypto to “digitizing gold” and praised Bitcoin as an international asset. He believes that cryptocurrencies can potentially offer long-term benefits and stability to global markets.
Bitwage Payments Halted
Crypto payroll service Bitwage has announced that it will no longer be providing USDC payments for US customers, citing “strict regulations”. This follows other similar services such as Coinbase withdrawing its debit card offering from US customers for the same reason.
Valkyrie Refiles ETF Application
Cryptocurrency trading platform Valkyrie has refiled its spot-Bitcoin ETF application with Coinbase now serving as a surveillance partner. The new filing seeks approval from the SEC for listing on major exchanges in the future.
Bankrupt Voyager Sees $250M Withdrawal Surge
Bankrupt crypto lender Voyager is experiencing a massive withdrawal surge, with users moving $250 million worth of assets into centralized exchanges since reactivating its withdrawal function on June 23rd. The Arkham Intelligence dashboard showed that Voyager’s current balance had dropped below $175 million.