The Chamber of Digital Commerce, a leading voice representing the trillion-dollar U.S. digital asset industry, is set to make a critical appearance in the SEC v Coinbase case, demonstrating the mounting tensions between regulatory bodies. As an Aug. 22 court filing indicates, the Chamber’s involvement signals a critical moment for the industry as law firm The post Chamber of Digital Commerce assigns lawyer to argue against SEC in court as part of Coinbase case appeared first on CryptoSlate.

Prompted by regulatory pressures, Binance.US is transitioning to a crypto-only exchange, replacing USD with USDT as its base asset. As Binance reported, this move is a strategic response to banking partners suspending USD channels following the Securities and Exchange Commission (SEC) lawsuit. Following the transition, Binance.US has introduced an enhanced Buy & Sell Crypto feature The post Binance US shifts to ‘crypto-only’ after dropping USD, MoonPay becomes new on-ramp appeared first on CryptoSlate.

Tether, the issuer of stablecoin USDT, has announced a partnership with the Swiss city of Lugano to enhance the city’s robust blockchain infrastructure, according to a report by Tether on Aug. 22. As part of the partnership, Tether will host and manage a validator node partnering with Lugano’s 3Achain, the official city-sanctioned blockchain that underpins The post Lugano teams with Tether to drive citywide blockchain adoption appeared first on CryptoSlate.

Trading platform OANDA has announced the acquisition of a majority stake in Coinpass Limited, a United Kingdom-based crypto asset firm registered with the Financial Conduct Authority (FCA). The acquisition, which integrates a reputable crypto trading platform into OANDA’s existing multi-asset offerings, is seen as a direct response to the growing demand for safe and secure The post Rising stock of regulated crypto companies as OANDA acquires Coinpass appeared first on CryptoSlate.

Thailand’s Ministry of Digital Economy and Society (DES) is taking steps to shut down Facebook in the country, citing harmful investment scams causing economic and public security concerns. Court petition filed. The move to petition the court comes after a sharp rise in scams where fraudsters buy ads through Facebook and trick people into investing The post Thailand looks to ban Facebook next week over crypto ad scams appeared first on CryptoSlate.