Tag: SEC
At least three ETH ETF issuers have received “preliminary approval” from the SEC
At least three asset managers have allegedly received preliminary permission from the US Securities and Exchange Commission for their spot Ether exchange-traded funds (ETFs), which feeds speculation that the ETFs…
SEC Is Examining Robinhood’s US Crypto Operations
This letter raises the possibility of legal action against the company’s cryptocurrency branch, Robinhood Crypto (RHC). “Disappointed” With SEC Wells Notice, Robinhood Chief Legal, Compliance, and Corporate Affairs Officer at…
SEC Initiates Discussions on Proposed Rule Change for Bitcoin Trading Options
The United States Securities and Exchange Commission (SEC) has embarked on a new phase of deliberations as of April 24 concerning a proposed modification to the rules governing options trading…
Judge criticizes SEC for “abuse” of power in crypto fraud trial, prompting lawyers to resign
Following a Utah judge’s criticism of the U.S. Securities and Exchange Commission for a “gross abuse” of power, two lawyers from the agency recently resigned, according to Bloomberg, which cited…
SEC is suing Uniswap in an attempt to impede the rapidly expanding DeFi industry
In a warning to Uniswap on Wednesday, the Securities and Exchange Commission stated that it plans to file an enforcement action against the company. Uniswap is the main platform for…
SEC Requests Public Input on Proposed Grayscale, Bitwise, and Fidelity Ethereum ETFs
The U.S. Securities and Exchange Commission (SEC) has opened the floor for public commentary on several proposed exchange-traded funds (ETFs) related to Ethereum, as per official filings. In a move…
U.S. Regulatory Agencies Seek Increased Funding to Strengthen Oversight of Cryptocurrency Market
The U.S. Securities and Exchange Commission (SEC), Commodity Futures Trading Commission (CFTC), and Treasury Department are all pushing for additional funding in the 2025 fiscal year to bolster their supervision…
Binance.US Fired 2/3 of Employees, Revenue Plummeting 75% Following SEC Lawsuit
Following the SEC’s action, Binance.US experienced 200 layoffs, a 75% decline in sales, and a $1 billion asset exodus. The exchange’s activities were impacted heavily by lost banking relationships, auditor…
TradeStation Crypto Settles with SEC for $3 Million Over Unregistered Product
TradeStation Crypto, a Monex Group subsidiary, has reached a $3 million settlement with the U.S. Securities and Exchange Commission (SEC) and regulators from 26 states. The resolution addresses allegations that…
Thailand’s SEC Orders Temporary Suspension of Zipmex Crypto Exchange Amid Regulatory Scrutiny
In a significant move, Thailand’s Securities and Exchange Commission (SEC) has directed Zipmex, a cryptocurrency exchange, to halt its digital asset trading and brokerage services starting February 2. The SEC…
SEC’s Official Twitter Account Hacked, Raises Market Manipulation Concerns
In a shocking turn of events, the official Twitter account of the U.S. Securities and Exchange Commission (SEC) was compromised, leading to the dissemination of a false announcement about the…
SEC Likely to Reject All Bitcoin Spot ETFs in January, Triggering Market Concerns
In a departure from prevailing market sentiments, Matrixport analyst Markus Thielen predicts that the Securities and Exchange Commission (SEC) is poised to reject all bitcoin spot ETF proposals this month….
Founders of BarnBridge DAO have reached a settlement of $1.7 million with the SEC
The two founders of BarnBridge DAO and the company will pay the SEC more than $1.7M to resolve claims that they failed to register the offer and sale of the…
Court Approval for FTX to Sell $744 Million in Grayscale Trust Assets Granted
According to a bankruptcy court filing filed on Friday, bankrupt cryptocurrency exchange FTX just gained consent from a bankruptcy court to sell its shares in digital trusts administered by Grayscale…
Binance agrees to a $4.3B settlement in the US. Changpeng Zhao “CZ” steps down as CEO.
As part of a $4.3 billion deal with the government, Binance’s founder and CEO, Changpeng “CZ” Zhao, agreed to resign after the company was charged with criminal charges in the…
Grayscale urges SEC to speed up approval for Bitcoin ETF
Crypto asset manager Grayscale Investments wrote to the US Securities and Exchange Commission to speed up the process of approval for its proposed Bitcoin spot exchange-traded fund (ETF). Grayscale Investment’s…
Kin community members vote for burning 71% of token supply
Kin Foundation, which maintains the decentralized protocol Kin, announced that its community members have decided that a large volume of the platform’s native cryptocurrency – the KIN token – will…
SEC head says crypto market ‘fraught with scams’
The US Securities and Exchange Commission chairman Gary Gensler sent out a strong message to investors across the world by cautioning them against cryptocurrencies and said the market was riddled…
Binance to file a motion for dismissal of CFTC complaint
Crypto exchange Binance and its CEO Changpeng “CZ” Zhao are reportedly in talks to file a motion seeking the dismissal of a lawsuit filed by a US regulatory body against…
SEC claims that Coinbase was aware of the violations of the law
Coinbase was sued by the U.S. Securities and Exchange Commission (SEC) for misconduct for not registering its company as an exchange, broker, and clearing agent on June 6, 2023. According…