Coinbase has an active user base of over 98M, most of which are American. Coinbase offers to trade 240+ crypto assets. Reports of SEC claims that Ishan Wahi generated over 1 million USD from insider ...
Tag: SEC
No Registration Form on SEC Website For Crypto Firms, Pro-XRP Attorney Claims
Pro-XRP Attorney Sarcastically Trolls Gary Gensler Amid SEC’s Recent Enforcement Actions. Attorney Hogan takes a subtle swipe at Gensler. In a tweet, attorney Jeremy Hogan, a Partner at Hogan & Ho...
South Korea reportedly monitoring Ripple’s case against SEC
Ad South Korea’s Financial Supervisory Service (FSS) is reportedly monitoring the lawsuit between the United States Securities and Exchange (SEC) and crypto firm Ripple (XRP), South Korea’s News1 repo...
The crypto community reacts to SEC vs Paxos controversy
The crypto community has expressed deep concerns regarding the ongoing controversies between Paxos, which has been instructed to halt issuing BUSD stablecoin, and the US SEC. Paxos and SEC collide on ...
Paxos Halts BUSD Minting as SEC Prepares Lawsuit
The SEC is reportedly taking aim at the owner and issuer of the world’s third-largest stablecoin, Binance USD. The U.S. Securities and Exchange Commission plans to sue Paxos Trust for violating invest...
Cathie Wood’s ARK Invest Doubles Down on Coinbase (COIN), Buys Another 139,000 Shares Amid SEC Crackdown
Cathie Wood’s ARK Invest is gobbling up more shares of Coinbase (COIN) as the U.S. Securities and Exchange Commission (SEC) cracks down on crypto. With ARK Invest’s February 10th purchase of 139,105 s...
Sam Bankman-Fried’s Court Battle With SEC and CFTC To Be Delayed Until DOJ’s Criminal Case Concludes: Report
A US judge is putting two federal regulators’ civil lawsuits against the former CEO of bankrupt crypto exchange FTX on pause until the U.S. Department of Justice (DOJ) concludes its criminal case agai...
SEC Going After Stablecoins? Hits Paxos With Charges
The crypto community has been flooded with FUD ahead of the CPI release. The Securities and Exchange Commission (SEC) announced on Monday that it has filed a lawsuit against Paxos Trust, the issuer of...
Crypto markets rebound as Silvergate soars 16% on Citadel Securities, Susquehanna stakes
Cryptocurrency prices rebounded after yesterday’s decline, when the New York Department of Financial Services announced it will pursue regulatory action against stablecoin provider Paxos. ...
US SEC allegedly notified Paxos of an upcoming lawsuit tied to Binance USD (BUSD)
Join Our Telegram channel to stay up to date on breaking news coverage The US SEC has made a series of drastic moves targeting the crypto sector. First, it announced that unregistered staking is no lo...
Paxos ‘categorically disagrees’ with the SEC that BUSD is a security
Paxos Trust Company says it “categorically disagrees” with the United States securities regulator that has described Binance USD (BUSD) as a security. In the Feb. 13 statement, the BUSD issuer confir...
SEC Could Halt Hedge Funds from Working with Crypto Custodians
The SEC will vote on a proposal on Wednesday that could prevent hedge funds, pension funds, and private equity firms from working with crypto custodians. Another day, another SEC action against crypto...
SEC Going After Staking? From Coinbase’s Rumor To Kraken’s Staking Shutdown
Concerns mount across the community as two big events surfaced within 24 hours. Will the SEC ban crypto staking? Coinbase’s CEO Warns That SEC Might Ban Crypto Staking In a series of Tweets posted tod...
US SEC to vote on new rule overseeing crypto firms as qualified custodians
Per a recent Bloomberg report, the commission is working on a draft proposal that would make it difficult for crypto firms to operate as “qualified custodians”. The US Securities and Exchange Commissi...
SEC To Propose New Rules For Services Rendered By Crypto Firms
The crypto space is apprehensive due to the recent enforcement actions by U.S. regulators on some firms. One of the latest reports is about Paxos Trust company, the issuer of Binance USD stablecoin. T...
SEC and CFTC Lawsuits Against Former FTX CEO Paused Until Criminal Proceedings Conclude – Bitcoin News
Two civil lawsuits, stemming from the U.S. Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC), against former FTX CEO Sam Bankman-Fried will be paused until h...
SEC Scrutiny Against Paxos Led Massive Binance Withdrawals
59 seconds ago | 2 mins read News Over 388 BUSD has been burned in the last 24 hours. The stablecoin trading around the $0.99 price range. Since the announcement of the US Securities and Exchange Comm...
Binance Stablecoin Is a Security, SEC Tells Paxos: WSJ
Paxos, the issuer of Binance-branded stablecoin BUSD, could reportedly be sued by the US Securities and Exchange Commission (SEC) for violating investor protection laws. The Wall Street Journal report...
Serious about your crypto project? Binance’s CEO says you should move.
Binance CEO Changpeng Zhao suggested crypto entrepreneurs might need to move to a country more favorable to cryptocurrencies and digital assets amid what appears to be a growing crackdown by U.S. regu...
US SEC and CFTC lawsuits against Sam Bankman-Fried pushed back
SEC and CFTC lawsuits against the FTX former CEO Sam Bankman-Fried will have to wait until the criminal cases against him are concluded. Attorney Damian Williams of the Southern District Court of New ...
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...
SEC Orders to End Issuance of BUSD: Crypto Community Shudders
The rigid crypto regulations have heavily impacted the crypto space. The SEC-Paxos lawsuit has created fear among the crypto community. The prices of the leading cryptocurrencies gradually rose by 1% ...
Crypto, SEC in Paxos: “do not issue BUSD”
Crypto news: Paxos Trust Company, a New York-based financial institution, has been instructed by the New York State Department of Financial Services (NYDFS) and the Securities and Exchange Commission ...
Congress Republicans Probe Into SEC Over FTX Fall ⋆ ZyCrypto
Advertisement     The Republican arm of the US Congress recently opened investigations into the role of the Securities and Exchange Commission (SEC) following FTX’s fa...
BUSD inflow on CEXes rises as Paxos disagrees with the SEC
The US Securities and Exchange Commission (SEC) issued a Wells notice to Binance USD’s (BUS) issuer Paxos on Feb. 13. A few hours after the CEO of Binance, Changpeng Zhao (CZ), broke the news, on-chai...
US Judge Halts CFTC and SEC Lawsuits Against SBF Until After Criminal Trial
United States District Judge Kevin Castel has approved the Justice Department’s request to stay the civil lawsuits filed by the Securities and Exchange Commission (SEC) and the Commodity Futures Tradi...
Pro-Ripple Lawyer Praises Coinbase for Willingness to Beat SEC in Court
Yuri Molchan Founder of CryptoLaw praises Coinbase CEO’s reply to recent SEC attack on Kraken exchange Contents Coinbase prepared to defend its staking service in court SEC charges Kraken over i...
Crypto: Coinbase fights back against the SEC
A few days ago the SEC succeeded in convincing Kraken to shut down its crypto staking service to US users, and now it is taking a shot at Coinbase. Indeed, Coinbase itself had unveiled a couple of day...
Ripple General Counsel Views SEC Chair as Biden Administration’s Political Liability
The SEC Chair has attracted criticisms from the crypto community, representing many American voters. Ripple General Counsel Stuart Alderoty believes Gary Gensler, Chairperson of the U.S. Securities an...