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SEC charges siblings over $60M Ponzi touting a crypto trading bot
27.8.2024
The SEC has accused the two brothers of using investor money to fund lavish lifestyles, including the purchase of cars and a multimillion-dollar condominium.
SEC charges siblings over $60M Ponzi touting a crypto trading bot
27.8.2024
The SEC has accused the two brothers of using investor money to fund lavish lifestyles, including the purchase of cars and a multimillion-dollar condominium.
Thai authorities raid illegal Bitcoin mine behind local power outages
25.8.2024
Thai authorities will address the broader issue of illegal mining and its impact on the country’s energy infrastructure
US Court Denies Kraken’s Motion to Dismiss SEC Crypto Securities Lawsuit
25.8.2024
The U.S. District Court for the Northern District of California has denied Kraken’s motion to dismiss a lawsuit by the U.S. Securities and Exchange Commission (SEC). The court determined that the SEC “has plausibly alleged” that certain crypto tokens traded on the Kraken...
South Korean crypto exchange employees out-earn staff at major banks
19.8.2024
Dunamu’s consolidated sales in the first quarter of 2024 reached $400 million, showing a 60.5% increase.
Coinbase finds flawed analysis in SEC's proposed exchange definition
12.8.2024
In its third letter to the SEC, the crypto exchange said it would withdraw the proposal, which was first released in 2022, and start over again
Coinbase finds flawed analysis in SEC's proposed exchange definition
12.8.2024
In its third letter to the SEC, the crypto exchange said it would withdraw the proposal, which was first released in 2022, and start over again
SEC Intends to Amend Complaint Against Third Party Tokens (Like SOL) in Binance Case
30.7.2024
The U.S. SEC may be dropping it's charges against so-called third-party tokens such as Solana and Matic which have been part of its case against Binance, according to a court filing early Tuesday morning
XRP price hasn’t seen $1 since 2021 — But this could change in Q4
23.7.2024
Three big catalysts for a potential XRP price boom include technicals, significant whale accumulation, and the nearing resolution of Ripple’s legal battle with the SEC
House fails to override Biden’s veto on nullifying SEC crypto rule
11.7.2024
Though the resolution overturning an SEC rule on banks handling crypto passed in the House in May, the legislation required at least 288 members to override President Biden’s veto
Fed Chair Powell Reaffirms Stance on Custody Assets Amid SEC Crypto Rule Controversy
11.7.2024
On Wednesday, Federal Reserve Chair Jerome Powell testified before the U.S. House Financial Services Committee, where Congressman Josh Gottheimer (D-NJ) questioned him about the SEC’s Staff Accounting Bulletin (SAB) 121. This bulletin mandates that banks include digital assets held in custody...
Nigerian SEC mandates local offices for crypto firms
4.7.2024
The requirement also states that applicants must report customer complaints and emergent risks and be subject to SEC inspections, audits, and monitoring
Cryptos, secondary BNB sales not securities: Federal court rules in Binance vs SEC case
2.7.2024
In a major win for the crypto industry, a federal court ruled that crypto tokens are not securities
Commissioner Mark Uyeda calls SEC’s approach to crypto filings ‘problematic’
2.7.2024
Tucked away in a footnote as part of a recent statement, the SEC Commissioner said his agency’s current approach to crypto does not aid capital formation or protect investors
Nigeria’s SEC boss says crypto can aid 38M unbanked
28.6.2024
Agama noted that cryptocurrencies like Bitcoin can greatly lower remittance costs, making it easier and cheaper for Nigerians abroad to send money home
Coinbase Sues SEC, FDIC for Transparency on Crypto Regulations
27.6.2024
Coinbase has filed a lawsuit against the U.S. Securities and Exchange Commission (SEC) and Federal Deposit Insurance Corporation (FDIC) to obtain documents on their approaches to cryptocurrency regulation. Coinbase’s chief legal officer highlighted the lack of clear guidelines from the...
Crypto enthusiasts warn against naira trade ban on exchanges
8.6.2024
Due to the rapid decline of the naira and the resulting almost three-decade-high inflation rate of 29.9%, the government turned its focus to platforms providing cryptocurrency services
Biden vetoes House and Senate votes on SEC’s anti-crypto resolution: Law Decoded
3.6.2024
United States President Joe Biden has vetoed a resolution that would have overruled the U.S. Securities and Exchange Commission Staff Accounting Bulletin No. 121
US SEC is ‘bent on choking’ the crypto industry — Coinbase
2.6.2024
The United States Securities and Exchange Commission “is serious about the destruction of digital assets,” according to cryptocurrency exchange Coinbase
Wall Street Asks Biden Not to Veto Congress' Rejection of SEC Crypto Policy
31.5.2024
In a rare lobbying overlap with crypto world, Wall Street banks and members of Congress are asking President Joe Biden to reverse course on his vow to veto the U.S. congressional resolution to overturn the U.S. Securities and Exchange Commission's (SEC) crypto accounting policy