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SEC's Secret Binance Court Filing Has Observers Bracing for Bad News
29.8.2023
A new secret court filing related to Binance, the crypto exchange that already faces U.S. accusations of abetting money laundering and sanctions circumvention, has some wondering whether more bad news is about to hit the industry giant
Is the SEC a bad cop? CoinRoutes CEO Dave Weisberger breaks down crypto regulation in the US
24.8.2023
Weisberger believes the structure of the Securities and Exchange Commission needs to change but that politicians are reluctant to do so because of their power within the current state of affairs
SEC Files Motion to Certify Interlocutory Appeal of Ripple-XRP Ruling
21.8.2023
The U.S. Securities and Exchange Commission (SEC) has filed a motion to certify an interlocutory appeal of two rulings in the Ripple case regarding XRP. According to the securities regulator, “Immediate appeal of these rulings is warranted … because they involve controlling questions...
Former SEC Official Anticipates Exponential Shifts in Crypto Regulations After Election Day
16.8.2023
The U.S. Securities and Exchange Commission’s former head of internet enforcement has outlined potential changes in the U.S. and at the SEC that could have positive impacts on the crypto industry, including the approval of spot bitcoin exchange-traded funds (ETFs). The changes could include...
US lawmakers press SEC and FINRA on Prometheum's broker-dealer approval
15.8.2023
Members of the House Financial Services Committee questioned the “timing and circumstances” of FINRA approving Prometheum’s special purpose broker-dealer license in May
SEC announces $24M settlement for case against Bittrex and its former CEO
10.8.2023
The U.S. regulator filed a complaint in April claiming Bittrex and William Shihara operated an unregistered exchange, also separately charging Bittrex Global
SEC files complaint against HEX founder for allegedly offering unregistered securities
31.7.2023
According to the SEC, Richard Heart allegedly used more than $12 million of investor funds to buy "a 555-carat diamond, expensive watches, and high-end automobiles.”
SEC Chair Gary Gensler Says Crypto Is a Highly Speculative Field ‘Rife With Fraud’
30.7.2023
U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler has called crypto “a highly speculative asset class” and a field that is “rife with fraud.” He stressed that there are far too many bad actors in crypto, noting that crypto platforms often commingle funds...
Ethereum Price Set to Reach $2,500 by Year-End, Predicts Finder’s Panel
28.7.2023
The price of ethereum (ETH), the world’s second-largest cryptocurrency by market cap, is anticipated to hit a high of $2.7K before settling at around $2.5K by the end of 2023, according to the latest report from Finder. The report is based on predictions by a panel of 29 cryptocurrency...
SEC Asks for Increased Funding to Tackle Crypto Market Risks and Wrongdoing
22.7.2023
U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler has asked Congress for more funding for his agency to address “risks in the crypto markets.” In a Senate hearing, he stressed: “We’ve seen the Wild West of the crypto markets, rife with noncompliance...
No impact from Ripple ruling? SEC chair cites risks from crypto in budget request
19.7.2023
Gary Gensler cited the “Wild West of the crypto markets” that was “rife with noncompliance” in requesting more than $2.4 billion for the commission's 2024 fiscal budget
Bitcoin ETFs Can Boost ‘Overall Reputation of Certain Cryptocurrencies’ — Brighty App Co-Founder
16.7.2023
According to Nikolay Denisenko, the co-founder and CTO of the financial and earning application Brighty App, the digital version of the pound sterling can be a bridge that enables “easy conversions between different types of crypto, stablecoins, and digital currencies.” Furthermore,...
Today in Crypto: Saga Pulls Back From Blockchain Gaming, Bitfinex Recovers More Stolen Assets, BarnBridge DAO Members Told to Stop 'All Work' Amidst Investigation, Lightning Labs Releases Tools for Bitcoin Lightning & AI Devs
7.7.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: Saga Pulls Back From Blockchain Gaming, Bitfinex Recovers More Stolen Assets, BarnBridge DAO Members Told...
Nasdaq refiles Valkyrie's spot Bitcoin ETF application, includes Coinbase as surveillance partner
5.7.2023
The filing followed similar applications from asset managers BlackRock and Fidelity in the last 7 days to include information on surveillance-sharing agreements
Former SEC Official Defends Chair Gensler — Urges Crypto Community to Quit Personal Attacks, Focus on Facts
2.7.2023
The U.S. Securities and Exchange Commission (SEC)’s former head of internet enforcement has defended SEC Chairman Gary Gensler’s approach to regulating the crypto industry. “It’s time to attack the facts and law on SEC positions and quit the personal attacks on the...
Cameron Winklevoss Criticizes SEC Regulatory Approach: ‘Securities Laws Written in 1933 Don’t Meet the Realities of the World Today’
17.6.2023
Cameron Winklevoss, a co-founder of Gemini, a U.S.-based cryptocurrency exchange, criticized the U.S. Securities and Exchange Commission’s (SEC) posture regarding cryptocurrency regulation. Winklevoss stated that the SEC laws written in 1933 are obsolete today, and their application would...
Founder of SEC Office of Internet Enforcement Warns of Upcoming Regulatory Siege: ‘Get Out of Crypto Platforms Now’
10.6.2023
John Reed Stark, founder and former chief of the Office of Internet Enforcement of the U.S. Securities and Exchange Commission (SEC), has warned about a new regulatory “siege” against crypto platforms. Reed Stark believes that “crypto trading platforms are high-risk, perilous,...
Unraveling the Crypto Crisis: Timeline of Major Incidents
7.6.2023
The regulatory crackdown on crypto in the US has certainly intensified with the Securities and Exchange Commission’s (SEC) lawsuit against Binance and Coinbase, but our timeline shows that the crisis has already been ongoing for a long time.
These are the major incidents that shaped crypto in 2022...
SEC's Latest Crackdown Could Drive Crypto Firms Out of the U.S.
6.6.2023
Companies such as Coinbase and Binance may not want to, but they could be forced to focus their efforts elsewhere
Coinbase CEO Brian Armstrong: China Will Benefit From Restrictive US Crypto Policies
3.6.2023
Coinbase CEO Brian Armstrong has stated China will be one of the biggest beneficiaries of how the U.S. is approaching cryptocurrency regulation. According to Armstrong, the current regulatory system drives cryptocurrency innovation offshore, while other countries like China embrace these...