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Crypto Wallet Provider Exodus’ NYSE American Stock Listing Postponed for SEC Review
9.5.2024
Crypto wallet company Exodus Movement will not be listing on NYSE American, the New York Stock Exchange’s sibling market, on Thursday as planned, the company announced late Wednesday
House votes to nullify SEC’s anti-crypto banking guidance SAB 121
9.5.2024
The House of Representatives has voted to overturn controversial SEC guidance that has virtually blocked banks from custodying crypto assets
Coinbase Legal Chief Urges SEC Chair to Stop Misleading the Market About Crypto Tokens Being Securities
9.5.2024
Coinbase’s chief legal officer has publicly urged U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler to stop misleading the market regarding crypto tokens being securities. His request followed Gensler’s repeated assertions that numerous crypto tokens conform to...
Robinhood's Q1 Crypto Trading Volume Surged 224% as SEC Action Looms
8.5.2024
The popular trading platform also beat first quarter revenue and earnings estimates
President Biden says he would veto resolution countermanding SEC crypto rule
8.5.2024
After the U.S. House of Representatives postponed proceedings on a resolution overturning an SEC policy affecting crypto, President Joe Biden said he would veto the measure
House Slated To Vote Today On Controversial Crypto Bulletin SAB 121 Resolution
8.5.2024
The U.S. House of Representatives is set to vote this afternoon on a resolution proposed by Representatives Wiley Nickel (D-NC) and Mike Flood (R-NE) that would see a formal disapproval of the United States Securities and Exchange Commission’s (SEC) Staff Accounting Bulletin (SAB) 121. News of...
Grayscale Withdraws Ethereum ETF Proposal Amid Skepticism Over SEC Approval
8.5.2024
Grayscale has retracted its application to list its ethereum trust, known as ETHE, as detailed in a filing with the U.S. Securities and Exchange Commission. James Seyffart, a Bloomberg analyst specializing in exchange-traded funds (ETF), expressed puzzlement over Grayscale’s decision to...
Trader loses 7-figure sum due to 0L Network hard fork
8.5.2024
“Forking out wallets without community input is theft,” according to the trader, who also claims to be part of 0l Network’s marketing team
SEC Argues for Injunctions in Final Response of Ripple XRP Case
8.5.2024
The SEC challenged Ripple’s assertion that the blockchain startup acted without recklessness and that there should be no “widespread uncertainty” about XRP’s legal status, despite the court previously rejecting this “fair notice” defense.
The post SEC Argues for Injunctions in Final Response...
Nigerian stakeholders demand Binance reveal identity of bribe agent
8.5.2024
SIBAN’s executive secretary, Rume Ophi, stressed that Binance should reveal names to substantiate the claim and allow authorities to address wrongdoing
The Crypto Lawsuit State of Play
8.5.2024
Last month, Ethereum incubator ConsenSys sued the U.S. Securities and Exchange Commission (SEC) for an injunction asking a federal court to block the regulator from investigating its MetaMask offering or from declaring Ether (ETH) a security. It's the latest company to follow a growing trend...
SEC files final response in Ripple XRP case
8.5.2024
The SEC argues that Ripple’s assertions do not negate the need for injunctions to prevent future violations
Grayscale Withdraws Ether Futures ETF Application Before SEC Decision
8.5.2024
Grayscale Investments withdrew its application for an Ether futures exchange-traded fund (ETF) just three weeks before the US SEC was set to rule on several spot ETH ETFs.
The post Grayscale Withdraws Ether Futures ETF Application Before SEC Decision appeared first on Cryptonews
SEC’s Gary Gensler is getting irked being asked about crypto
8.5.2024
SEC Chair Gary Gensler says he gets an “outsized ratio” of questions about crypto despite its relatively small size compared to the overall financial market
Robinhood CEO Criticizes ‘Regulatory Onslaught’ on Crypto US, Pledges to Challenge SEC
8.5.2024
Expressing his discontent, Tenev characterized the SEC's regulatory actions as part of a broader "regulatory onslaught" that, in his view, stifles innovation and handicaps American firms and investors.
The post Robinhood CEO Criticizes ‘Regulatory Onslaught’ on Crypto US, Pledges...
Gary Gensler Attributes SEC’s Focus on Crypto to Financial Media and Fraud Concerns
8.5.2024
Gensler emphasized that while crypto represents a small portion of the financial markets, it disproportionally contributes to issues such as scams and frauds, attracting significant media attention.
The post Gary Gensler Attributes SEC’s Focus on Crypto to Financial Media and Fraud Concerns...
SEC Chair Gary Gensler Calls Crypto ‘Outsized Piece of Scams, Frauds, and Problems in Our Markets’
8.5.2024
The chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, has reiterated his view that crypto is a field full of noncompliance. While noting that crypto is a small piece of the overall U.S. financial market that his agency oversees, the SEC chair emphasized that it...
Robinhood Prepares to Fight SEC in Court Over Crypto, CEO Reveals
8.5.2024
Robinhood Markets is preparing to fight the U.S. Securities and Exchange Commission (SEC) in court to defend its crypto business and establish “regulatory clarity in the United States for the benefit of our customers,” CEO Vlad Tenev said after his company received a Wells notice from...
SEC pushes back against Terraform’s claims fraud happened outside US
7.5.2024
Lawyers for the commission cited several examples of Do Kwon touting UST to U.S. investors and Terraform’s former communications head making false claims about the stablecoin
Did XRP price just bottom against Bitcoin?
7.5.2024
XRP price fell over 14% year-to-date pressured by Ripple's ongoing legal battle with the SEC so a bounce is in order, analysis suggests