Search
SEC Accepts ShapeShift’s $275,000 Settlement Over Crypto Securities Charges
6.3.2024
The U.S. SEC concludes its cease-and-desist action against ShapeShift with a $275,000 settlement, addressing charges of the firm selling crypto securities without proper registration.
The post SEC Accepts ShapeShift’s $275,000 Settlement Over Crypto Securities Charges appeared first...
Binance.US Axed Two-Thirds of Staff, Revenue Tanked 75% after SEC Lawsuit: COO
6.3.2024
Binance's US arm imploded following SEC allegations regarding violations of securities law, according to the subsidiary’s COO Christopher Blodgett.
The post Binance.US Axed Two-Thirds of Staff, Revenue Tanked 75% after SEC Lawsuit: COO appeared first on Cryptonews
ShapeShift Settles SEC Charges It Sold Crypto Securities
6.3.2024
The federal regulator instituted a cease-and-desist against ShapeShift, which dissolved its U.S. crypto exchange in 2021
Terraform Labs Pushes Back Against SEC Over Special Counsel Payment
5.3.2024
Crypto firm Terraform Labs has filed a lawsuit against the US Securities and Exchange Commission. The suit addresses the recent objection from the regulator over a $166M retainer paid to special litigation counsel Dentons. The SEC’s argument lies in the fact that the crypto firm’s lavish spending...
ETH ETFs “Inevitable” in US, European Market Way Ahead With ETH ETPs
5.3.2024
Several applications have been submitted for Ethereum exchange-traded funds with the U.S. Securities Exchange Commission (SEC) and the decision for approving or denying the products has been pushed back which is in line with analyst expectations.
The post ETH ETFs “Inevitable” in...
US SEC Delays Decision on BlackRock’s Spot ETH ETF
5.3.2024
The U.S. Securities and Exchange Commission (SEC) has delayed a decision to approve the BlackRock spot Ethereum exchange-traded fund (ETF).
The post US SEC Delays Decision on BlackRock’s Spot ETH ETF appeared first on Cryptonews
Hong Kong’s SFC Issues Warning on BitForex Amid Crypto Scam Allegations
4.3.2024
On March 4, Hong Kong's financial watchdog, the Securities and Futures Commission (SFC), issued a public notice about the cryptocurrency exchange BitForex over alleged fraudulent dealings. BitForex, although based in Hong Kong, does not possess the license required by the country's regulatory...
Prometheum Taps Morgan Stanley Exec as CFO Just Before Opening Doors
4.3.2024
Controversial crypto platform Prometheum continues to signal its seriousness about moving forward as the industry's sole U.S. special-purpose crypto broker-dealer, having now hired a chief financial officer with a Wall Street pedigree from the likes of Morgan Stanley and Goldman Sachs Group Inc
US Court Rules Crypto Trades on Secondary Markets as Securities Transactions
4.3.2024
In a pivotal insider trading case, a U.S. court has ruled that trading of crypto assets on secondary markets like Coinbase constitutes securities transactions, setting a new legal precedent.
The post US Court Rules Crypto Trades on Secondary Markets as Securities Transactions appeared first...
Hong Kong SFC Warns of Websites Impersonating Regulated Crypto Exchanges
4.3.2024
The Hong Kong Securities and Futures Commission (SFC) issued a public warning today, urging investors to be cautious of suspicious websites impersonating legitimate virtual asset trading platforms.
The post Hong Kong SFC Warns of Websites Impersonating Regulated Crypto Exchanges appeared first...
U.S. Judge Enters Default Ruling Against Ex-Coinbase Insider, Says Secondary Market Sales are Securities Transactions
4.3.2024
In an insider trading case involving Coinbase's former product manager Ishan Wahi, his brother Nikhil Wahi and their friend Sameer Ramani, a U.S. court ruled on March 1, 2023, that the trading of certain crypto assets on a secondary market, which Coinbase is, are securities transactions
Montana Blasts SEC ‘Regulatory Power Grab’ in Kraken’s Case: ‘Crypto Assets Are Not Automatically Securities’
4.3.2024
Montana introduced an amicus curiae in the case of the SEC vs. Kraken, a US-based crypto exchange, criticizing the “regulatory power grab” of the institution. Montana, supported by seven other states, affirms that crypto assets are not automatically securities and that the SEC’s...
SEC’s Hester Peirce Criticizes Agency’s Crypto Approach as “Strange”
2.3.2024
US Securities and Exchange Commissioner Hester Peirce has reiterated her criticisms of her own agency's approach to cryptocurrencies in a recent appearance at ETH Denver.
The post SEC’s Hester Peirce Criticizes Agency’s Crypto Approach as “Strange” appeared first...
House Financial Services Committee Votes In Favor of Resolution to Overturn SEC’s SAB 121
1.3.2024
The House Financial Services Committee voted on Thursday to proceed with a resolution that would “reverse” the United States Securities and Exchange Commission’s (SEC) controversial digital asset accounting bulletin, SAB 121, which critics claim has "serious ramifications" for the banking...
Brock Pierce, Co-Founder of Tether, EOS, Blockchain Capital, on Tokenizing Real Estate, 2024 Crypto Markets, and Bitcoin | Ep. 313
1.3.2024
In an exclusive interview, Brock Pierce discusses the current bullish situation in the crypto market, the US returning to the crypto scene as a participant following the spot Bitcoin ETF approvals, democratizing real estate investments through tokenization, and projects avoiding the ‘securities’...
State Attorneys General Question SEC’s Authority in Kraken Lawsuit
1.3.2024
A group of state attorneys general has challenged the U.S. Securities and Exchange Commission's (SEC) authority in the ongoing lawsuit against the cryptocurrency exchange Kraken.
The post State Attorneys General Question SEC’s Authority in Kraken Lawsuit appeared first on Cryptonews
SEC Commissioner Says Agency is in “Enforcement-Only Mode” When Regulating Crypto
1.3.2024
SEC Commissioner Hester Peirce has said that the regulatory agency is currently operating in an "enforcement-only mode" when it comes to the regulation of cryptocurrencies.
The post SEC Commissioner Says Agency is in “Enforcement-Only Mode” When Regulating Crypto appeared first...
Grayscale Urges SEC for Spot Bitcoin ETF Options Approval
1.3.2024
Grayscale is calling on the US Securities and Exchange Commission to approve options on its spot Bitcoin exchange-traded fund, aiming to expand access to a broader range of investors.
The post Grayscale Urges SEC for Spot Bitcoin ETF Options Approval appeared first on Cryptonews
Hong Kong Ends Crypto Exchange License Applications, Noncompliant Platforms to Close by May 31
29.2.2024
The Hong Kong Securities and Futures Commission closed its crypto exchange licensing portal on February 29th, setting a May 31st closure deadline for exchanges that haven't completed the process.
The post Hong Kong Ends Crypto Exchange License Applications, Noncompliant Platforms to Close by May...
Chamber of Digital Commerce Files Brief on Behalf of Kraken in Controversial SEC Case
29.2.2024
Crypto advocacy group the Chamber of Digital Commerce has thrown its support behind Kraken in its battle against the United States Securities and Exchange Commission (SEC), according to a February 27 court filing. The brief marks the latest stage in Kraken's legal saga with the federal agency...