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US Representative Ritchie Torres Calls for Investigation of SEC Over Prometheum’s License
14.7.2023
U.S. Rep. Ritchie Torres has called for an investigation into the special purpose broker-dealer (SPBD) license given by the U.S. Securities and Exchange Commission (SEC) to Prometheum, a cryptocurrency exchange platform. In two letters sent to U.S. Comptroller General Gene Dodaro and SEC Inspector...
Celsius Founder Alex Mashinsky’s Bail Set at $40 Million, Travel Restricted Amid Fraud Charges
14.7.2023
Just before the now-defunct crypto lender Celsius was charged by three U.S. federal regulators — the Commodity Futures Trading Commission (CFTC), Securities and Exchange Commission (SEC), and Federal Trade Commission (FTC) — its former CEO, Alexander Mashinsky, was arrested on fraud charges...
Binance headcount reduction hits 1,000 employees: Report
14.7.2023
The ongoing workforce reduction is reportedly global, with customer-service workers heavily affected
3AC co-founders' OPNX exchange onboards FTX, Celsius bankruptcy claims
14.7.2023
Claims can be converted into collateral to trade crypto futures on the exchange
XRP Gets Binance.US Listing as Exchange Joins Rivals’ Embrace
14.7.2023
Trading XRP on Binance.US began Friday
Today in Crypto: Multichain Halts Operations Due to Lack of Funds and CEO's Arrest, Indonesia to Launch National Crypto Exchange This Month, US SEC Acknowledges Bitwise's Spot BTC ETF Application
14.7.2023
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: Multichain Halts Operations Due to Lack of Funds and CEO's Arrest, Indonesia to Launch National Crypto...
Binance CEO reflects as exchange turns 6 — ‘It was never all smooth sailing’
14.7.2023
Binance CEO Changpeng Zhao wrote that decentralized finance will continue to accelerate, and more people will interact with DeFi products
Bitget Crypto Exchange Announces Debt-Free Status and $1.44 Billion Reserves in July Report
14.7.2023
The crypto exchange Bitget has announced that its reserves have reached a massive $1.44 billion, and that it is officially debt-free.
According to the Bitget’s announcement, the exchange’s overall reserve ratio now stands at 223%, more than twice the standard 100% (or 1-to-1) backing that...
Bitcoin ETFs: When Will the SEC Say ‘I Do?’
14.7.2023
While bitcoin enthusiasts anxiously await the Securities and Exchange Commission’s (SEC) decision on Blackrock’s spot bitcoin ETF proposal, it’s worth delving into the bigger picture. The following opinion editorial was written by Joseph Collement, General Counsel...
Indonesia to launch crypto exchange in July: Report
14.7.2023
Once launched, Indonesia’s national crypto exchange will be the only platform allowing crypto transactions, the local regulator said
Indonesia's Financial Services Authority Appoints Hasan Fawzi as Head of Fintech and Crypto Oversight
14.7.2023
Indonesian financial services watchdog appointed Hasan Fawzi, a former Indonesia Stock Exchange executive, as the head of fintech and digital assets oversight and innovation.
Fawzi has served as the Director at Indonesia Bond Pricing Agency (IBPA) since 2008, which is a licensed securities...
Ripple CTO Issues Warning Against XRP Scams Amidst Surge in Price
14.7.2023
Ripple CTO David Schwartz has issued a warning regarding a new wave of scams targeting investors amid the recent court ruling in favor of Ripple Labs.
"A lot of scammers are taking advantage of the recent good news to try to cheat and steal," Schwartz said in a Friday tweet. "There are...
XRP Trading Volumes Hit $2.5B on South Korean Exchange UpBit
14.7.2023
The trading volume of XRP against the Korean won was the highest among all other counterparts
Monochrome revises filing for spot Bitcoin ETF at Aussie stock exchange
14.7.2023
The CEO believes investors will be inclined to seek exposure to Bitcoin in a more familiar, structured and protected regulatory environment
Sam Bankman-Fried wants 'close friends' to visit without a security pat down
14.7.2023
Under bail conditions, only Sam Bankman-Fried’s lawyers are exempt from security checks, now they've asked if this can be extended to “close friends."
Ripple’s Chief Legal Officer Breaks Down Ruling in SEC Lawsuit — Says ‘As a Matter of Law, XRP Is Not a Security’
14.7.2023
Ripple Labs’ chief legal officer has broken down Thursday’s ruling on the U.S. Securities and Exchange Commission (SEC) v. Ripple case. Emphasizing that the landmark ruling is “a huge win” for the crypto firm, he stressed that “as a matter of law – XRP...
Coinbase, Other Crypto Exchanges Relist XRP Following Ruling in SEC v Ripple Case
14.7.2023
The Nasdaq-listed cryptocurrency exchange Coinbase has relisted XRP following a landmark ruling in the U.S. Securities and Exchange Commission (SEC) v. Ripple Labs case. Several other crypto exchanges have also resumed trading of XRP. Crypto Exchanges Bring Back XRP Trading Following the landmark...
FTC Slaps Crypto Lender Celsius With $4.7B Fine for Deceiving Consumers and Mismanaging Deposits
13.7.2023
On Thursday, following the U.S. Securities and Exchange Commission (SEC) suing the insolvent crypto lender Celsius, the Federal Trade Commission (FTC) divulged a settlement with the firm and imposed a $4.7 billion fine for “duping consumers.” Nevertheless, the penalty will be deferred to enable...
US crypto exchanges give XRP listings a second chance after court ruling
13.7.2023
After two years, Coinbase and Kraken said they will re-enable XRP trading, iTrustCapital announced it already relisted the token, and exchanges including Gemini may follow suit
SEC Sues Bankrupt Crypto Lender Celsius, Alleges Misrepresentation of Customer Count and Risky Practices
13.7.2023
The U.S. Securities and Exchange Commission has filed a lawsuit against the now-defunct cryptocurrency lender, Celsius. The suit, filed Thursday, also names former CEO Alexander “Alex” Mashinsky as a defendant. Both he and the company stand accused of falsely promising investors a safe...