CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

• Bitcoin Traders Shrug Off U.S. SEC's Action Against Binance, Coinbase
  Implied volatility metrics show no signs of panic after the SEC's filed lawsuits against the two cryptocurrency exchanges.
• Social Media Targeted in EU Consumer Group Complaint About Crypto Ads
  BEUC wants Instagram, YouTube, TikTok and Twitter to prohibit influencers from promoting crypto
• Crypto Exchange Bittrex’s Customer-Repayment Plan Faces U.S. Government Objection
  If successful, it wouldn’t be the first time the state has scuppered a crypto bankruptcy proposal.
• DeFi Unfazed by SEC's Classification of Tokens as Securities
  These forces will likely only drive “more financial activity to DeFi,” one trader said.
• UK Lawmakers Clash Over Government Plans to Regulate Crypto as Financial Services
  While some lawmakers have aligned with the government’s proposal, others want the volatile assets to be treated as gambling.
• Stablecoin Regulation Is a Sticking Point Between the G-7 and G-20
  Global leaders appear to have reached a consensus on setting up universal rules and standards for most aspects of the crypto sector save for the treatment of stablecoins.
• Binance Redirected $12B to Firms Controlled by CEO Changpeng Zhao, SEC Says
  SEC says billions in customer funds were directed to Zhao’s firm Merit Peak via a holding company called Key Vision Development Limited.