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Former Minnesota Vikings Co-Owner Slapped With 75 Month Jail Term for Processing $750M Worth of Crypto Transactions
7.6.2023
U.S. Attorney’s Office for the Southern District of New York announced on June 5 that the former co-owner of Minnesota Vikings, Reginald Fowler, has been sentenced to 75 months in prison for processing more than $700 million of unregulated transactions on behalf of crypto exchanges. Folwer...
Best Crypto to Buy Now 6 June – Bitget, Quant, Kava
7.6.2023
Coinbase, one of the leading cryptocurrency exchanges globally, faces a lawsuit from US regulators, hot on the heels of similar legal action against Binance, another industry heavyweight.
The Securities and Exchange Commission (SEC) accused Coinbase of operating illegally without prior...
SEC's Latest Crackdown Could Drive Crypto Firms Out of the U.S.
6.6.2023
Companies such as Coinbase and Binance may not want to, but they could be forced to focus their efforts elsewhere
Coinbase reminds world it tried to ‘embrace regulation’ as SEC sues for violations
6.6.2023
Coinbase met with the SEC 30 times in 2022 seeking regulatory guidance, and now it will “vigorously defend” itself, it says
US CFTC Chair Says Claim That the Agency Is a ‘Light Touch Regulator’ Could Not Be ‘Farther From the Truth’
6.6.2023
US Commodity Futures Trading Commission Chair Rostin Behnam pushed back on assertions that his agency would be a “light touch regulator” for cryptocurrency, following an eventful week and as lawmakers contemplate legislation to regulate cryptocurrencies.
Behnam was asked on Tuesday during a House...
One-Two Punch Finally Registers SEC View on Binance, Coinbase, Rest of Crypto
6.6.2023
The U.S. Securities and Exchange Commission (SEC) tore off crypto’s bandage this week, with its back-to-back enforcement actions against two of the most prominent digital assets platforms, Binance and Coinbase (COIN), finally establishing its legal argument against the industry and setting up...
House Ag Committee looks at digital assets regulatory bill, Dems ask how to pay for it
6.6.2023
The full Agriculture Committee heard testimony from CFTC chair Rostin Behnam, a full roster of former regulators and Coinbase’s chief legal officer
Today in Crypto: Two US Representatives Demand Crypto Tax Regulations, Atomic Wallet Stolen Funds Traced to N.Korean Hackers, OKX Partners with Custody Service Provider Komainu, Zodia Custody Joins Hands with Blockdaemon
6.6.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today's crypto news.__________...
Read More: Today in Crypto: Two US Representatives Demand Crypto Tax Regulations, Atomic Wallet Stolen Funds Traced to N.Korean...
Coinbase Shares Slump After SEC Files Suit Against Company
6.6.2023
Coinbase’s stock (COIN) took a major hit on Tuesday after the company was sued by the U.S. Securities and Exchange Commission (SEC) on allegations of violating federal securities law
Coinbase COIN Stock Drops 10% Following SEC's Lawsuit Against Binance
6.6.2023
Shares of major US-based cryptocurrency exchange Coinbase plunged 10% after the US Securities and Exchange Commission annouuced charges against Binance and its founder Changpeng Zhao.
Coinbase stock ended the last trading day on Monday trading at $58.71, down by 9.05%, according to data by Yahoo...
Binance v SEC: Crypto industry debates 'Tai Chi' vs 'Operation Chokepoint 2'
6.6.2023
The SEC lawsuit comes within months of the CFTC lawsuit against Binance mounting its regulatory woes in the U.S
Coinbase, Robinhood, CFTC to testify in Congress over draft crypto bill
6.6.2023
Paul Grewal reiterated that the “U.S. is falling behind” and is at risk of driving jobs, innovation and investment overseas
US SEC Identifies 12 Crypto Tokens as Securities in Binance Lawsuit
6.6.2023
The U.S. Securities and Exchange Commission (SEC) has identified 12 crypto tokens as securities in a new lawsuit filed against Binance and its CEO, Changpeng Zhao (CZ). The securities regulator asserted that Binance platforms “have made available for trading on them crypto assets that...
SEC complaint hints at why Brian Brooks resigned as Binance.US CEO
6.6.2023
New details revealed in the SEC complaint could explain why Brian Brooks abruptly stepped down as CEO of Binance.US in 2021, a crypto lawyer suggests
Genesis Bankruptcy Judge Extends Mediation Period Between Genesis, Creditors
5.6.2023
The insolvent lender will now have until August 2 to submit a plan to emerge from bankruptcy
Binance Lawsuit Could Be ‘Huge Mistake’ or Bring Needed Clarity to U.S. Crypto Industry
5.6.2023
The Securities and Exchanges Commission’s (SEC) suit against the biggest crypto exchange in the world, Binance, could be a huge misstep if other countries allow the crypto industry to develop and it eventually replaces the traditional banking sector, Jim Bianco, president and founder of Bianco...
Fines and regulation: The ever-growing landscape of crypto compliance
5.6.2023
How have the regulatory and legal frameworks governing cryptocurrency fines transformed over the years, and what are the key trends and challenges?
Coinbase Shares Drop 10% Following SEC’s Suit Against Binance
5.6.2023
Shares of Coinbase (COIN) were down 10% after news broke that the Securities and Exchanges Commission (SEC) sued Binance on allegations of violating federal securities law on Monday
Today in Crypto: JPMorgan Partners with 6 Indian Banks on Blockchain-Based Interbank Transactions, APPG Makes 53 Crypto Recommendations to the UK Government, Charles Hoskinson Warns About the Rise in AI-generated Frauds
5.6.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: JPMorgan Partners with 6 Indian Banks on Blockchain-Based Interbank Transactions, APPG Makes 53 Crypto...
Privacy Concerns Dominate CBDC Discussion at Consensus 2023
5.6.2023
Some Consensus 2023 participants argue that the economic benefits of CBDCs are not worth the threats to privacy in an excerpt from CoinDesk’s first-ever Consensus @ Consensus Report