Join Our Telegram channel to stay up to date on breaking news coverage The U.S. Securities and Exchange Commission (SEC) has recently enforced action against crypto staking. However, Kraken CEO Jesse ...
Tag: SEC
Could Binance USD [BUSD] be the next SEC casualty as regulator digs deep into…
Paxos, the BUSD issuer, received a letter from the SEC on allegations of being unregistered security. The investigation could be a detriment on Binance’s part as NYDFS orders a stop to BUSD minting. B...
CFTC, SEC cases against Bankman-Fried to be pushed back until criminal case ends
Civil cases brought by U.S. regulators against former FTX CEO Sam Bankman-Fried can be pushed back until after a criminal case concludes, a judge decided Monday. Damian Williams, U.S. Attorney ...
SEC lawsuit against Paxos over BUSD baffles crypto community
Paxos Trust Company-issued stablecoin Binance USD (BUSD) being in the sights of United States regulators sparked various reactions from the crypto community. On Feb. 13, the United States Securities a...
Coinbase CEO Brian Armstrong Heads to Washington To Talk Crypto With Regulators Amid SEC Crackdown
Coinbase chief executive Brian Armstrong says he’s in Washington, D.C. to talk to officials about crypto as the industry faces a wave of regulatory scrutiny. In a tweet to his 1.1 million followers, A...
SEC action against Paxos paints regulatory target on stablecoins
Stablecoins look to be the next part of the crypto ecosystem facing a regulatory crackdown. The U.S. Securities and Exchange Commission has issued notice to crypto infrastructure provider Paxos...
Crypto markets wrought ahead of US inflation data as regulatory issues steal focus
Crypto markets were roiled by the SEC last week, and now there’s even more uncertainty after the New York Department of Financial Services ordered Paxos to stop issuing BUSD. Next up is U.S. inf...
Coinbase will Tussle with SEC if Asked to Shut Down Crypto Staking
Top executives of leading crypto exchange clarify company’s stance on crypto staking Coinbase (NASDAQ: COIN) stock dropped over 21% in the last five days The United States Securities and Exchange Com...
SEC to Sue Paxos Over Binance USD Token
According to reports by the Wall Street Journal, the SEC is planning to sue the stablecoin issues Paxos over Binance USD. Reports by the Wall Street Journal, indicate the United States Securities and ...
Paxos ‘categorically disagrees’ with SEC in calling BUSD a security
Paxos said it “categorically disagrees” with the U.S. Securities and Exchange Commission in calling Binance USD (BUSD) a security. The stablecoin issuer said it got an SEC Wells noti...
The SEC Declares War on Crypto- Paxos, a Licensed Firm, is Sued By Regulators!
The post <strong>The SEC Declares War on Crypto- Paxos, a Licensed Firm, is Sued By Regulators!</strong> appeared first on Coinpedia Fintech News With the fresh round of allegations, The S...
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 ...
Messari founder accuses SEC Chair Gensler of foul play
Ad Messari founder Ryan Selkis accused SEC Chair Gary Gensler of acting with a conflict of interest, conspiring against the crypto industry. “Chair Gensler is a fraud, a destructive force to our capit...
ARK Invest’s Cathie Wood Says SEC Crypto Crackdown Great for Decentralization but Not So Good for US
The chief executive of ARK Invest says that the U.S. Securities and Exchange Commission’s (SEC) latest enforcement actions could have a negative impact on the competitiveness of the country’s crypto i...
Stablecoin Issuer Paxos Ceases BUSD Issuance After SEC Reportedly Threatens Lawsuit ⋆ ZyCrypto
Advertisement     In what will be seen as a major escalation in its crypto enforcement agenda, the Securities and Exchange Commission (SEC) is preparing to sue Paxos f...
SEC Seems “Strangley Amateurish” Says Paul Graham – Trustnodes
Paul Graham, the founder of the Silicon Valley based startup incubator Ycombinator, has called the Securities and Exchanges Commission (SEC) “amateurish.” “They do seem strangely amateurish, for a gov...
CZ issues response to SEC vs. Paxos lawsuit
Ad Changpeng Zhao (CZ) confirmed the recent report that Paxos — a regulated blockchain infrastructure platform based in the US — has been directed to cease minting BUSD per instructions from the New Y...
SEC to Sue Paxos for Issuing Binance USD Coin
Join Our Telegram channel to stay up to date on breaking news coverage The U.S. Securities and Exchange Commission plans to take legal action against cryptocurrency company Paxos Trust Co. for violati...
Is SEC Trying to Kill The US Crypto Innovation?
We all know that Kraken, a leading cryptocurrency exchange with a stellar reputation for integrity and one of the industry’s most secure platforms, was sued by the U.S. Securities and Exchange Commiss...
Paxos Receives Wells Notice from SEC, NYDFS Orders Issuer to Stop Minting BUSD – Bitcoin News
According to a report published on Feb. 12, 2023, the New York-based financial institution and technology company, Paxos, has received a Wells Notice from the U.S. Securities and Exchange Commission (...
Former SEC Official Reacts to PayPal’s Decision to Ditch Its Stablecoin
Alex Dovbnya An ex-SEC official says it was “blatantly obvious” for PayPal to ditch its stablecoin PayPal has halted its work on its stablecoin due to partner Paxos being investigated by the New York ...
SEC to pursue Paxos for Binance USD stablecoin issuance
SEC has begun legal plans to sue Paxos for issuing and listing Binance USD, a well-known stablecoin in the crypto ecosystem. The financial watchdog argues that the firm’s token issuance violates inves...
bUSD to be Phased Out, SEC Gives Notice – Trustnodes
The tokenized dollar bUSD, with a market cap of $16 billion, is gradually being phased out after its issuer, Paxos, was ordered to stop minting. “We were informed by Paxos they have been directed to c...
SEC crackdown could ‘benefit’ decentralized staking if it isn’t banned – Lido exec
Jacob Blish, head of business development at the decentralized autonomous organization (DAO) that runs Lido Finance, said the SEC’s enforcement actions are likely a “net benefit” for...
SEC investigating Mormon church investments
Hot crypto news on the horizon: the SEC is reportedly investigating the Mormon church’s $100 billion secret investment portfolio. The news is also reported by Watcher.Guru’s official Twitter account, ...
Why The SEC Plans To File Lawsuit Vs. Stablecoin Issuer
Paxos Trust Company is on the hit list of the US Securities and Exchange Commission, who is out to slap the financial institution and technology company specializing in blockchain with a court case fo...
Ripple v. SEC court case update as of February 13, 2023
As the Ripple versus Securities and Exchange Commission (SEC) legal dispute inches closer to a summary judgment, the cryptocurrency industry eagerly awaits the outcome. The case has significant implic...
Paxos Trust Co. gets Wells notice from SEC over BUSD token
It happens to be the Securities and Exchange Commission (SEC) that has duly informed the crypto company, Paxos Trust Co., which happens to be a crypto firm, that it is contemplating suing the company....
Coinbase Argues Its Staking Services Are Not Securities, Criticizes SEC Regulatory Approach – Bitcoin News
Coinbase, one of the biggest cryptocurrency exchanges in the U.S., has stated that the staking services offered on its platform do not constitute securities. The statements, made in the wake of the $3...
BUSD Issuer Paxos Faces SEC Lawsuit Over Binance Stablecoin
The Securities and Exchange Commission is reportedly planning to sue crypto firm Paxos. The enforcement action revolves around Binance’s BUSD stablecoin which is issued by Paxos. The regulator has all...
SEC to Sue Crypto Trust Co. Paxos Over Binance Stablecoin: WSJ
Join the most important conversation in crypto and web3! Secure your seat today The U.S. Securities and Exchange Commission (SEC) intends to sue stablecoin issuer Paxos, which is behind the Pax Dollar...
We Forced SEC to Admit That XRP is “Software Code”
Attorney Deaton highlights another progress made in the Ripple v. SEC lawsuit. In a tweet yesterday, Pro-XRP attorney John Deaton revealed a major win XRP community members recorded in the ongoing law...