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Crypto Community Skeptical of Blackrock’s XRP Pivot Rumors
18.9.2023
Many crypto proponents have warned that despite a small connection between Blackrock and XRP, the news of the world’s largest asset manager shifting focus from bitcoin to XRP is fake. Blackrock is currently waiting for the U.S. Securities and Exchange Commission (SEC) to greenlight its spot...
SEC Accuses Binance.US of Non-Cooperation in Probe Over Securities Law Violations
15.9.2023
Binance.US, the American arm of the global cryptocurrency exchange giant Binance, has been accused of non-cooperation in an ongoing probe by the US Securities Exchange Commission (SEC).
The SEC has alleged that Binance.US's staking, clearing, and brokerage services violate federal securities law....
Binance.US Not Playing Ball With Probe, SEC Says, as Focus Turns to Custody Arm Ceffu
15.9.2023
Securities regulators have complained the exchange is unregistered, and worry about assets being shifted overseas
Mila Kunis and Ashton Kutcher’s Stoner Cats NFT Sales Surge by 2,433% After SEC Charges
15.9.2023
Following the U.S. Securities and Exchange Commission’s (SEC) charges against Stoner Cats, the NFT project backed by Mila Kunis, the digital collectibles have witnessed a staggering surge in sales, soaring by a significant 2,433% within a mere 24-hour span. On September 14, the Stoner...
Singapore’s Monetary Authority Issues 9-Year Ban on Three Arrows Capital Founders
14.9.2023
The Monetary Authority of Singapore (MAS) has issued nine-year prohibition orders against Three Arrows Capital (3AC) founders Zhu Su and Kyle Davies, banning them from regulated financial activities in the country. The orders come after a MAS investigation that reportedly uncovered multiple...
SEC Fines Stoner Cats NFTs Creator $1 Million for Securities Violation
14.9.2023
The company behind Stoner Cats non-fungible tokens (NFTs) has to pay a $1 million fine and destroy all its NFTs per a settlement with the US Securities and Exchange Commission (SEC).
According to the Wednesday press release, the SEC charged Stoner Cats 2 LLC (SC2) with conducting an unregistered...
SEC Chair Gensler: Crypto Industry Plagued by Misconduct and Legal Challenges
14.9.2023
Gary Gensler, the Chair of the Securities and Exchange Commission (SEC), has once again expressed concerns about the prevalence of compliance issues and misconduct in the crypto space.
During a recent conference hosted by Better Markets, Gensler acknowledged that while not all tokens can...
Stoner Cats NFTs 'fan crowdfunding' not securities: SEC's Peirce, Uyeda
14.9.2023
SEC commissioners Hester Peirce and Mark Uyeda described the NFT sales as a "common phenomenon" in the world of creators
Franklin Templeton Seeks to Offer Spot Bitcoin ETF in US
14.9.2023
Asset manager Franklin Templeton has joined the race to issue America’s first exchange-traded fund (ETF) that invests directly in bitcoin. The company applied with the U.S. Securities and Exchange Commission (SEC), following in the footsteps of other major investment firms like Fidelity...
Shrapnel Web3 shooter won't let US users cash out, thanks to Gensler
14.9.2023
As soon as a gamer cashes out an in-game asset, they realize monetary value, which is where the problem with the SEC comes in, a Shrapnel executive told Cointelegraph
SEC Chair: Crypto Is a Field Rife With Fraud, Abuse, Misconduct — ‘It’s Daunting’
14.9.2023
U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler testified before the Senate Banking Committee, stating that crypto is “a field which is rife with fraud, abuse, and misconduct.” He also stated that the securities regulator is still reviewing applications for spot bitcoin...
SEC Charges Stoner Cats Over $8M Unregistered NFT Offering: Mila Kunis-Backed NFT Project to Pay $1M Penalty
13.9.2023
The Securities and Exchange Commission (SEC) charged Stoner Cats 2 LLC (SC2) with conducting an unregistered offering of crypto asset securities in the form of non-fungible tokens (NFTs) that raised about $8 million from investors to finance an animated web series. SEC Slaps Stoner Cats 2 With...
Unity Bosses Sold Stock Ahead Of Scummy Dev Fees Announcement
13.9.2023
Yesterday, the cross-platform game engine company Unity announced a controversial new Runtime Fee, which would charge developers per installation for games built with the Unity engine after those games reached a certain threshold. Everyone disliked that, and Unity’s stock prices took a pretty...
SEC charges company behind Stoner Cats NFT series with unregistered securities sale
13.9.2023
The animated series, accessible only to NFT holders, had a cast that included Vitalik Buterin, Gary Vaynerchuk and Hollywood A-listers
Mila Kunis-Backed Web Series Faces SEC Enforcement Action for 'Unregistered' NFT Offerings
13.9.2023
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Binance.US CEO Brian Shroder Departs, Exchange to Cut One-Third of Workforce
13.9.2023
The head of Binance.US, the US offshoot of the largest crypto exchange Binance, has left the digital assets giant as the company is reportedly cutting its workforce by one-third.
The crypto exchange is planning to eliminate 100 positions, a company spokesperson said in a statement....
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SEC's Gensler Remains Resolute in Push for Crypto Regulation Ahead of Senate Committee Appearance
12.9.2023
Securities and Exchange Commission (SEC) Chair Gary Gensler aims to reiterate his stance that many cryptocurrencies should fall under the agency's regulatory purview when appearing before the Senate Banking Committee.
In his prepared testimony released on Monday, Gensler claimed that the industry...
Gensler Hearing Shows Key Senate Democrat Digging in Heels on Crypto
12.9.2023
While U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler was in the hot seat at a Senate hearing on Tuesday, the most important crypto sentiments may have come from Sen. Sherrod Brown (D-Ohio), who tarred much of the industry as dangerous fraudsters
Report: More Than 50 Virtual Currency Platform Operators Want to Join the Taiwan Market
12.9.2023
About 52 virtual currency operators have shown interest in joining Taiwan’s financial market, the Financial Supervisory Commission has said. The commission also said that it is planning to announce the region’s first virtual asset management guiding principles sometime in September....
Binance Says SEC’s Request for Depositions is ‘Overbroad’ and 'Unduly Burdensome'
12.9.2023
Binance says the SEC has no evidence to support its allegations that imply investor assets have been wrongfully diverted