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Nalezeno "Order": 1289

US Judge Orders Kraken to Release Customer Data to IRS in Cryptocurrency Tax Probe

1.7.2023
Kraken, the San Francisco-headquartered digital currency exchange, has received a court order from a U.S. judge requiring the release of customer data to the Internal Revenue Service (IRS). The court filing, submitted on Friday, states that the IRS is seeking details pertaining to accounts that...

US Court Orders Operator of Digital Asset Trading Scam to Pay $54 Million

30.6.2023
According to the Commodity Futures Trading Commission (CFTC), Michael Ackerman, the operator of an alleged fraudulent digital asset trading scheme, has been issued with an injunction order which bars him from trading in any CFTC-regulated markets or registering with the CFTC. The injunction also...

SEC Sought Freeze Order Despite ‘No Evidence’ That Binance Was Moving U.S. Customer Funds

23.6.2023
The SEC’s “pre-crime” litigation strategy seemed to annoy Judge Amy Jackson

Prime Trust's financials 'considerably deteriorated,' says Nevada regulator

23.6.2023
Nevada's business regulator issued a cease and desist order to the crypto custodian alleging it has a "shortfall of customer funds."

Gold to $2,100 — Investment Management Firm Says Gold to Be Key Instrument in New Financial Order

21.6.2023
Central banks, particularly those in emerging economies, are ramping up their gold reserves in preparation for a new monetary regime, signaling a potential loss of reserve currency status for the U.S. dollar, according to the investment management firm Goehring & Rozencwajg. The company’s...

Right to Pay With Cash Enshrined in Constitution of Slovakia Amid Digital Euro Fears

21.6.2023
A member of the eurozone is amending its constitution in order to guarantee citizens the right to cash payments. The move comes amid growing fears that a digital version of the common European currency may eventually become the only means of payment in the eurozone, despite currently being touted...

Privacy Protocols Have Not Gained Traction Because ‘User Experience Hasn’t Been up to Par’ — Namada Co-Founder

21.6.2023
According to Christopher Goes, the co-founder of privacy-focused blockchain Namada, many privacy protocols have not gained traction primarily because “the user experience hasn’t been up to par.” Part of the reason for this is that existing solutions such as Zcash “often require...

CZ Says Binance Has Issued a Cease and Desist Notice Against Nigerian ‘Scammer Entity’

20.6.2023
Changpeng Zhao, the CEO of Binance, said the recently banned Binance Nigeria Limited has been issued with “a cease and desist notice.” Zhao, who has since branded the Nigeria-registered company a “scammer entity,” told his followers not to believe everything they read in...

Bangladesh Eyes BRICS Invite as Rumors Swirl of Formal Request

20.6.2023
In mid-May, several reports indicated that Bangladesh and India were engaging in currency trading using their respective currencies in order to address U.S. dollar liquidity challenges. Recent sources now reveal that Bangladesh is welcoming a formal invitation to join the BRICS bloc. Speaking...

CZ, Binance US Pleased With SEC Deal Despite ‘Unwarranted’ Emergency Relief

19.6.2023
Binance founder Changpeng Zhao (CZ) expressed his satisfaction over the agreement with the U.S. securities regulator preventing the freezing of the exchange’s assets in the United States. The crypto company’s American subsidiary also stated it’s pleased that the SEC’s request for a temporary...

Coinbase blasts SEC for ‘no straight answers’ following court order

19.6.2023
The comment from the crypto exchange came after the SEC asked for more time to respond to Coinbase's rulemaking petition

Crypto Payments Firm Wyre Shuts Down — Users Told to Remove Assets From Platform

18.6.2023
Wyre, the San Francisco-based crypto payments firm, has said it is winding down operations “in order to protect the best interests” of its users and stakeholders. The firm urged users with assets on its platform “to continue to withdraw them via Wyre’s dashboard until Friday, July...

Binance, CZ Agree to Repatriate US Customer Assets, SEC Secures Court Order

17.6.2023
Binance and the U.S. Securities and Exchange Commission (SEC) struck a deal to avoid the freezing of the crypto exchange’s assets in the United States. Under an emergency relief secured by the regulator, Binance agreed to repatriate to the U.S. funds held on behalf of customers of its American...

Crypto Firm Abra Said to be Insolvent in Texas State Regulators’ Cease-and-Desist Order

16.6.2023
According to an emergency cease-and-desist order from the Texas State Securities Board, the cryptocurrency firm Abra is “insolvent or nearly insolvent.” The filing alleges that a group of state securities regulators has been investigating Abra, and the working group interviewed William...

Judge Postpones Asset Freeze as Binance US and SEC Agree to Work on Deal

14.6.2023
A judge in Washington decided to give Binance US and the Securities and Exchange Commission (SEC) time to work out a deal to avoid the freezing of the exchange’s assets. The two sides are close to an agreement that will protect customer funds without paralyzing the crypto trading platform. Crypto...

US Judge Signs Court Order Allowing Bittrex Customers To Make Withdrawals

14.6.2023
A US district judge signed a court order on Tuesday allowing Bittrex customers to make withdrawals following back and forth between the court and the US government.... Read More: US Judge Signs Court Order Allowing Bittrex Customers To Make Withdrawals

An In-Depth Look at Binance’s TRO Opposition, Filing Insists SEC Manufactured an Emergency ‘for Its Own Purposes’

14.6.2023
Binance fired back at the U.S. Securities and Exchange Commission’s temporary restraining order (TRO) request on Monday, assuring the court that “there is no risk” to customer assets. The exchange’s legal team dismissed the notion of an “emergency,”...