XRP Price News: XRP lawyer John Deaton said the political and economic war on crypto is real. He predicted that there might not be legislation for crypto in the United States until late 2025. Deaton r...
Tag: Enforcement
Coinbase Takes On SEC’s ‘Regulation by Enforcement’ Amid Crypto Market Rebound
The popular crypto exchange Coinbase has risen to challenge the US Securities and Exchange Commission (SEC) over its sporadic enforcement actions against crucial industry players. The firm believes th...
Coinbase Confronts SEC Over Enforcement by Regulation Approach
6 seconds ago | 2 mins read Exchange News As Paul Grewal points out, the current laws don’t apply to digital assets. Coinbase petitioned the SEC to adopt rules on digital asset securities last year. S...
Crypto Industry To Face More Enforcement Amid Banks Crisis
Crypto News: U.S. Securities and Exchange Commission (SEC) has been after the digital asset industry alleging a lack of fundamental disclosures. However, it is expected the commission’s scrutiny of th...
Coinbase Challenges US SEC “Regulation By Enforcement” As Crypto Recovers
Coinbase has filed an amicus brief in the SEC v. Wahi insider trading case asking the court to dismiss the lawsuit as the U.S. Securities and Exchange Commission needs to prioritize working on proper ...
Is the SEC Overreaching in Crypto Enforcement? Coinbase Weighs in With Amicus Brief in Insider Trading Case
Coinbase, a leading digital currency exchange, has filed an amicus brief in the insider trading case against its former employee, Ishan Wahi, and his brother. While Wahi has admitted to insider tradin...
$429,000,000 in Bitcoin and Crypto Liquidated in Just 24 Hours As Powerful Law Enforcement Agency Targets Ethereum
Hundreds of millions of dollars worth of Bitcoin (BTC) and other crypto assets have been liquidated in the last 24 hours as a powerful law enforcement agency sets its sights on Ethereum (ETH). New dat...
$1 Billion Worth of Bitcoin Moved from US Law Enforcement Seized Wallets
In March 2023, over 50,000 Bitcoin (BTC) worth $1 billion were moved from multiple wallets connected to US law enforcement seizures. The transfers included three transactions, with the majority being ...
SEC continues streak of enforcement actions, targets BKCoin for alleged $100M fraud
The United States Securities and Exchange Commission, or SEC, has targeted an investment adviser and individual allegedly connected to a $100-million cryptocurrency fraud in its latest enforcement act...
Crypto Exchange Binance Joins Forces With Law Enforcement to Launch Anti-Scam Campaign
– Advertisement – Binance has launched its Joint Anti-Scam Campaign in collaboration with law enforcement agencies worldwide to fight “an alarming uptrend” in crypto-related scams, the cry...
Ripple CEO Warns SEC’s “Enforcement” Approach May Hurt US Crypto Industry
The CEO of Ripple, Brad Garlinghouse, has warned that the US Securities and Exchange Commission’s (SEC) approach to regulation is putting the US at risk of missing out on being a global hub for ...
Binance launches anti-scam campaign in collaboration with law enforcement agencies
Ad Binance is launching a joint anti-scam campaign with law enforcement agencies around the world to combat and prevent financial scams in the crypto world. The exchange said that crypto is vulnerable...
Ripple’s Lawyer On Why SEC’s Gensler Must Recuse Himself From Voting On Enforcement Cases ⋆ ZyCrypto
Advertisement     Stuart Alderoty, Ripple’s Chief Legal Officer, has said that Gary Gensler needs to recuse himself from future decision-making exercises touching on t...
Ripple asks SEC chair to recuse self from crypto enforcement cases
Ad Ripple’s chief legal officer Stuart Alderoty asked the U.S. SEC chairman Gary Gensler to recuse himself from voting on any enforcement case relating to cryptocurrencies because he has prejudged the...
Gensler Should Be Recused From Enforcement Actions Claiming Tokens Are Securities
Gensler’s maintained view that all cryptocurrencies except Bitcoin are securities continues to spark reactions. Ripple General Counsel Stuart Alderoty has asserted that United States Securities and Ex...
Law Enforcement Alert to Rising Crypto Money Laundering
Until the advent of cryptocurrencies, “cleaning” illicit funds was a much more complex process. In recent years, crypto money laundering has made it easier. Money laundering involves illegally convert...
Paxos in ‘Constructive Talks’ With SEC Following Enforcement Action on Binance USD (BUSD): Report
New York-based crypto company Paxos Trust Company is in “constructive talks” with the U.S. Securities and Exchange Commission (SEC) following enforcement actions surrounding stablecoin Binance USD (BU...
SEC chair issues warning to celebrities promoting crypto amid latest enforcement action
The United States Securities and Exchange Commission has announced a $1.4-million settlement with former NBA player Paul Pierce for allegedly promoting a token project on social media. In a Feb. 17 an...
Changpeng Zhao Makes Stablecoin Prediction Following SEC’s Binance USD (BUSD) Enforcement Action
The CEO of crypto exchange giant Binance says investors may turn to non-US dollar-pegged and algorithmic stablecoins amid regulatory pressure on Binance USD (BUSD). During a Twitter Spaces AMA on Feb....
US crypto regulation on track despite recent SEC enforcement actions
Ad Despite recent SEC enforcement actions against Kraken and Paxos, Jeff Zelkowitz, Executive Vice President at APCO Worldwide, said there is appetite and willingness among U.S. lawmakers to “get some...
Circle squashes rumors of planned SEC enforcement action
USD Coin (USDC) issuer Circle has denied rumors that it received a “Wells Notice” over its United States dollar-pegged stablecoin. On Feb. 14, a now-deleted tweet from Fox Business reporter Eleanor Te...
Largest Ethereum Staker Warns of Consequences of SEC Regulation After ‘Dissapointing’ Enforcement Action: Report
An executive at the largest Ethereum (ETH) staking service is reportedly outlining the possible consequences of upcoming US regulatory decisions on the heels of recent crackdowns on the crypto industr...
USDC Issuer Circle Refutes SEC Enforcement Action FUD
Following the SEC crackdown on Kraken last week and its subsequent threat of action against BUSD issuer Paxos, rumors have been flying about Circle being next. Crypto Twitter was awash with unfounded ...
USDC faces SEC enforcement amid stablecoin crackdown
Rumors are circulating that the Securities and Exchange Commission (SEC) will soon issue an enforcement notice to Circle over its stablecoin USDC. The move comes as part of the SEC’s current crackdown...
Coinbase Stock Plummets After SEC Enforcement Actions
Join Our Telegram channel to stay up to date on breaking news coverage What – Coinbase stock is facing its most significant 24-hour loss in the past seven months. Why – The price is declining because ...
Aave Considers Freezing BUSD Following NYDFS Enforcement
Members of the Aave community – a widely used decentralized lending protocol – are mulling a freeze on BUSD after a wave of regulatory pressure against its issuer, Paxos, on Monday. A newly tabled gov...
SEC Enforcement Is the Wrong Way to Regulate Crypto
Gensler and his defenders might counter that he has consistently warned that most, if not all, tokens are securities. But the industry’s gripe goes beyond that. It’s that, other than the occasional pu...
SEC enforcement against Kraken opens doors for Lido, Frax and Rocket Pool
The United States Securities and Exchange Commission is ramping up pressure on the crypto sector. On Feb. 9, the SEC reached a $30 million settlement with Kraken over the centralized staking program i...
Commissioner Peirce breaks with SEC over Kraken enforcement
Commissioner Peirce published a statement on Thursday explaining her opposition to the SEC’s shutting down of Kraken’s staking program. Longest serving commissioner Hester Peirce is one of the current...
‘Midnight Massacre:’ SEC Crackdown on Crypto Staking Services Prompts Speculation of Further Enforcement Actions – Regulation Bitcoin News
On Feb. 9, 2023, the cryptocurrency community learned of the U.S. Securities and Exchange Commission’s (SEC) crackdown on staking services. The SEC fined Kraken, a cryptocurrency exchange, $30 million...
SEC under fire for regulation by enforcement in Kraken staking action
Ad The post-mortum on Kraken’s staking enforcement by the SEC has begun. On Feb. 9, Kraken said it would end its staking service in the U.S. and disclosed paying a $30 million fine to settle allegatio...