The U.S. Securities and Exchange Commission is looking into the connection between cryptocurrency exchange Binance US and two trading firms linked to Binance founder Changpeng “CZ” Zhao—Si...
Tag: SEC
Coinbase Hires Former SEC Official as VP of Global Regulatory Policy
The leading cryptocurrency trading venue appointed Scott Bauguess as the newest member of its policy team. The American spent 11 years as a top executive at the US Securities and Exchange Commission (...
Here’s why the SEC keeps rejecting spot Bitcoin ETF applications
It is not the first time the U.S. Securities and Exchange Commission (SEC) rejected proposals for a Bitcoin spot exchange-traded product (ETP), but efforts continue to be made by different financial i...
Has the SEC ‘Wiped Out’ DeFi Lending Model with BlockFi Penalty?
The U.S. Securities and Exchange Commission’s massive fine of crypto lending platform BlockFi has sent shockwaves through the fledgling decentralized finance industry. On Feb. 12, BeInCrypto reported ...
BlockFi to Pay $100M to Settle Charges with SEC & 32 States
BlockFi will pay $100 million to the U.S. Securities and Exchange Commission (SEC) and 32 states to settle charges in connection with a retail crypto lending product. The charges have come after a sub...
What the BlockFi SEC Settlement Means for Bitcoin and Crypto Lending
In brief BlockFi has agreed to pay a $100 million settlement with the SEC and 32 states. The company says it has a path forward to create and register a similar product. Crypto lending firm BlockFi mu...
Crypto start-up BlockFi to pay $100M in settlement with SEC, 32 states
The logo of cryptocurrency platform BlockFi. Budrul Chukrut | SOPA Images | LightRocket via Getty Images Cryptocurrency firm BlockFi said Monday it has agreed to pay $100 million to the U.S. Securitie...
BlockFi, SEC Reach $100M Settlement
Key Takeaways BlockFi has been ordered to pay $100 million in penalties in a settlement with the SEC and 32 state regulators. The startup was accused of failing to register its lending product as a se...
BlockFi Settles With SEC on Crypto Lending – Trustnodes
Washington D.C., Feb. 14, 2022 — The Securities and Exchange Commission today charged BlockFi Lending LLC (BlockFi) with failing to register the offers and sales of its retail crypto lending product. ...
With $100 million settlement confirmed, BlockFi aims to register Yield with SEC
The Securities and Exchange Commission announced Monday that it fined crypto lending firm BlockFi $100 million, and now the firm plans to register with the agency to offer clients its popular high-yie...
Why did the SEC impose a fine of $100 million on this crypto lending platform
United States Security and Exchange Commission is an independent agency that works for enforcing the law against market manipulation This time the SEC slapped a well known crypto lending platform, Blo...
Will Ripple’s Sprawl With CBDCs Compel The SEC To Reconsider The Lawsuit? XRP To $1 This February?
The coin market has been wishful of the industry rising out of the ails. That have been limiting the growth prospects of the space. While the business holds numerous limitations, one of the major s...
BlockFi to Pay $100 Million for Settlement with SEC and States
BlockFi has reached a settlement of a total of $100 million with the US Securities and Exchange Commission (SEC) and other state regulators, who are investigating the crypto lender for illegally offer...
BlockFi to Pay $100M in Settlement to US SEC
BlockFi, an American crypto lending platform, reportedly agreed to a settlement deal with the United States Securities and Exchange Commission (SEC). The settlement as reported by Bloomberg citing peo...
SEC Slaps BlockFi With $100 Million Fine – Is That Too Much?
BlockFi may be forced to dig deep into its coffers and pay fines of up to $100 million. According to credible grapevines, the U.S. Securities and Exchange Commission is looking to slap the crypto lend...
Crypto Lender BlockFi to Pay $100 Million In Settlement with SEC
Settlement with SEC and states could come when one week from now BlockFi faces tests into selling unregistered protections The crypto-interest accounts aren’t federally insured BlockFi Inc. is ready t...
Gary Gensler Says SEC Working With Crypto Exchanges To Adjust Rulesets and Promote Investor Protection
U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler says that the agency is coordinating with digital asset exchanges in order to protect the interest of the public. In a new interview wi...
Crypto Lending Firm Set To Pay $100,000,000 To Settle Allegations From SEC and State
A popular crypto lending platform is reportedly going to pay out $100 million to resolve accusations from state and federal regulatory agencies. Sources familiar with the matter tell Bloomberg that Bl...
Crypto Lending: BlockFi to pay $100 million fine to SEC
In what is set to be one of the toughest penalties against a cryptocurrency firm, details have now emerged that the foremost crypto lending platform, BlockFi, is set to pay a fine of $100 million to t...
This is what XRP holders can do right now on the back of SEC v. Ripple
‘I have cities, but no houses. I have mountains, but no trees. I have water, but no fish – What am I?’ Can you guess the answer to this riddle? It’s difficult. Well, that is exactly what the SEC v. Ri...
SEC Chairman- “SEC Is Working With CFTC On Crypto Regulation”
The Commodity Futures Trading Commission (CFTC) has stated that it should be the primary body in charge of overseeing cryptocurrencies. According to Gensler, he and his staff are working to safeguard ...
SEC Charges Australian ‘Man Behind the Machine’ in $41M Crypto Fraud Scheme – Coinotizia
The U.S. Securities and Exchange Commission (SEC) has charged an Australian citizen who called himself the “Man behind the Machine” in a fraudulent crypto scheme that raised almost $41 million. He and...
“U.S. Is Working On Crypto Regulations”- SEC Chief Gary Gensler
SEC Chief Gary Gensler today said that the securities regulator is working together with the Commodity Futures Trading Commission (CFTC) over crypto guidelines. What’s more, he also said that to ensur...
Ripple files motion compeling SEC to turn over pivotal information
Ripple filed a Sur-Reply with the SEC in response to the Commission’s motion for partial summary judgment regarding their assertion that “Ripple Labs had not complied with its disclosure obligations. ...
XRP Closing In On Major Boost As Ripple Moves To Compel SEC To Surrender Notes From Critical 2018 Meeting ⋆ ZyCrypto
Advertisement     The legal brawl between Ripple and the U.S. Securities Exchange Commission has seen a new development after Ripple filed a new motion to force the ag...
BlockFi To Pay $100M To SEC, As Settlement For Ongoing Investment
BlockFi may have to cough up $100 million to pay fines. Sources close to the matter say the SEC is set to impose a $50 million fine on the crypto lending platform for offering unregistered securities....
BlockFi Could Face Up to $100M in Fines Owed to the SEC
In a similar way to Block.one, the SEC intends to fine BlockFi for offering unregistered securities. BlockFi, a crypto lending platform, is required to pay an expected $100M fine for allegedly offerin...
Ripple and SEC lawsuit takes interesting turns
Ripple Labs and the United States Securities and Exchange Commission (SEC) lawsuit has taken quite a few interesting turns. The everlasting fight over so many years has made headlines that have direct...
SEC Working With CFTC on Crypto Regulation, Says Chairman Gensler – Regulation Bitcoin News
The chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, says the securities regulator is working with the Commodity Futures Trading Commission (CFTC) on crypto regulation. In ...
NFL Lobbied SEC on ‘Blockchain Technology’ Issues: Report
In brief According to SEC disclosures, the NFL spent money on blockchain-related lobbying efforts in 2021. The NFL has been slower than some other leagues to partner with cryptocurrency companies. Las...
NFL lobbies the SEC on blockchain technology
NFL commissioner Roger Goodell Kirby Lee-USA TODAY Sports | Reuters The National Football League lobbied the Securities and Exchange Commission on “issues related to blockchain technology”...
Will This Motion By Ripple Compel The SEC To Mend Its Ways? Is XRP Up For Another 15% Correction? – Coinpedia – Fintech & Cryptocurreny News Media
The world of cryptocurrencies has been witnessing a myriad of events. Which have been insinuating of a major turn about in the industry’s stance. Consecutively, Ripple’s brawl against the misconduct o...