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Genesis Agrees to Pay $21M Fine to Settle SEC Crypto Lending Charges


Bankrupt cryptocurrency lender Genesis Global Capital has agreed to pay a $21 million fine as part of a final court judgement to settle charges with the U.S. Securities and Exchange Commission (SEC). In an official ruling released on March 19, the SEC highlighted the reason for the penalty...

Binance asks for the tightening of screening procedures


Binance, an international cryptocurrency exchange, has contacted top brokers like FalconX and Hidden Road to tighten the screening procedure to avoid having US investors on the exchange. Since top brokers are known to render their services to institutional investors, the sort of information...

Coinbase's Allies Join Crypto Firm's Case Against SEC


Several allies joined Coinbase Inc. (COIN) in its court fight against the U.S. Securities and Exchange Commission (SEC) to force the agency to rethink its refusal to write specific rules to govern the crypto industry, with Paradigm, the Crypto Council for Innovation and others filing outside...

Grayscale Investments Submits Revised Application for Spot Ethereum ETF


Grayscale Investments’ Chief Legal Officer announced that the firm has submitted a revised Form 19b-4 for spot Ether exchange-traded funds. The officer, Craig Salm, stated that investors are seeking access to ethereum via a spot Ethereum ETF. Listing on the NYSE Grayscale Investments,...

Fidelity Updates Spot Ethereum ETF Application to Include Staking


Fidelity has updated its Spot Ethereum exchange traded fund (ETF) application to the U.S. Securities and Exchange Commission (SEC) on March 18 to include staking. The post Fidelity Updates Spot Ethereum ETF Application to Include Staking appeared first on Cryptonews

Crypto Exchange Listing and Delisting Announcements: March 18, 2024


Here is our weekly collection of digital asset listing and delisting, trading pair-related announcements by crypto exchanges that we found last week and today. The post Crypto Exchange Listing and Delisting Announcements: March 18, 2024 appeared first on Cryptonews

Nigeria’s SEC Proposes 400% Registration Fee Increase for Crypto Firms


Nigeria's Securities and Exchange Commission (SEC) has put forward amendments to the regulatory framework governing platforms offering cryptocurrency services, suggesting a significant increase in registration fees for crypto exchanges. The post Nigeria’s SEC Proposes 400% Registration...

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