Breaking: Singapore Regulatory Watchdog Puts Binance.com on Investor Alert List
Binance’s legal woes took a new turn today just when things have started looking to improve for the world’s leading cryptocurrency exchange. The Monetary Authority of Singapore (MAS), Singapore’s Central Bank as well as the top financial regulator put Binance.com on its Investor Alert List.
Vast Bank, the first-ever federally chartered bank in the U.S. to offer Bitcoin. It will be providing the services to buy, sell, and custody cryptocurrencies, directly from the user’s checking account. Furthermore, experts have speculated on an upcoming wave of integration of digital assets into government institutions in the U.S.
Bitcoin’s (BTC) price finally broke past the key resistance of $50K after consolidating in the $45K-$50K range for nearly two weeks. The top cryptocurrency first broke past the $50K barrier in August posting a new 3-month high of $50,482, but couldn’t hold onto its gains.
Cardano is up nearly 9% and has reclaimed ground above $3. The token is the first among major cryptocurrencies to hit a new all-time high. ADA is on a path to hitting another milestone at $3.5, while investors believe that it is just a matter of time before it rises to $5.