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Polygon Labs requests a new ‘exchange’ definition from the SEC
14.6.2023
The US Securities and Exchange Commission recently sought a revised definition of ‘exchange’. The Commission has urged ventures to qualify for the category only after all the individuals or entities running the processor to facilitate communication have registered with them. While this may sound...
SEC responds to the last week’s Third Circuit’s decision
14.6.2023
The SEC responded formally to the Third Circuit Court of Appeals’ ruling last week, which weakened its authority to take back money gained through violating securities laws. This decision diminished the SEC’s power to demand disgorgement, a key part of retrieving illegally obtained...
Genesis and Gemini File for Dismissal of SEC's Earn Program Lawsuit – Here's the Latest
14.6.2023
Gemini, a cryptocurrency exchange, and Genesis Global Capital, a bankrupt cryptocurrency lender, have filed a petition to dismiss the SEC action linked to their joint venture product, Gemini Earn.
The SEC lawsuit charges the firms with offering yield-bearing instruments to their customers...
Terra Luna Classic as LUNC Bounces Back From SEC Lawsuit Crypto Slump – Where is LUNC Heading Now?
14.6.2023
The Terra Luna Classic price has fallen by 2% in the past 24 hours, although its drop to $0.00009607 today represents a 13% gain in the past fortnight, as the altcoin compensates for some of the losses caused by the SEC's recent legal actions....
Read More: Terra Luna Classic as LUNC Bounces Back...
Crypto Industry Destined to Be Bitcoin Focused After SEC Actions: MicroStrategy Founder Michael Saylor
14.6.2023
Bitcoin maximalist Michael Saylor has said recent enforcement actions by U.S. regulators have made it clear that the crypto industry is destined to be rationalised down to a bitcoin (BTC)-focused industry
Ripple’s Alderoty calls for probe into Bill Hinman and his infamous speech
14.6.2023
Stuart Alderoty is joined by a number of other high profile individuals calling for an investigation into the former SEC official
SEC and Binance.US to negotiate deal avoiding total asset freeze
14.6.2023
U.S. District Judge Amy Berman Jackson has ordered the two entities to work towards a compromise
An In-Depth Look at Binance’s TRO Opposition, Filing Insists SEC Manufactured an Emergency ‘for Its Own Purposes’
14.6.2023
Binance fired back at the U.S. Securities and Exchange Commission’s temporary restraining order (TRO) request on Monday, assuring the court that “there is no risk” to customer assets. The exchange’s legal team dismissed the notion of an “emergency,”...
SEC asks for more time to respond to Coinbase call for crypto clarity
14.6.2023
The securities regulator said it would make a recommendation within 120 days on Coinbase’s rulemaking request, but says the action has “no merit.”
SEC Says It May Make a Recommendation on Coinbase Petition Within 4 Months
14.6.2023
The U.S. Securities and Exchange Commission (SEC) hasn't made a decision on whether it will respond to Coinbase's petition for rulemaking and its enforcement action against the crypto trading platform isn't inconsistent with any decision on rulemaking, the regulator said Tuesday
U.S. Judge Rebuffs SEC Request for Binance.US Asset Freeze for Now
13.6.2023
A federal judge heard arguments on the SEC's motion for a temporary restraining order in court on Tuesday
Hinman documents suggest SEC is the wrong agency to govern digital assets, crypto lawyer says
13.6.2023
John Deaton, a crypto lawyer and founder of CryptoLaw, told Cointelegraph that released Hinman documents highlight the need for Congress to intervene and provide clarity in governing digital assets
SEC hears from Blockchain Assoc., House Republicans on 'exchange' definition proposal
13.6.2023
More opposition has come in at the last minute to the year-old proposal reimagining the SEC'ss definition of a securities exchange
US lawmaker invokes SEC lawsuits in considering crypto regulatory framework
13.6.2023
According to Rep. Maxine Waters, granting crypto firms provisional registration under a proposed framework "could reward bad actors with a ‘get out of jail free’ card"
Ripple Does Not Care Whether XRP Is 'Sufficiently Decentralized'
13.6.2023
Is It Too Late to Buy Sui? SUI Price Bounces 34% From Recent Bottom and This New Penny Crypto Could Reach $1 Million Soon – What Does it Do?
13.6.2023
Even though it wasn’t directly named by the US Securities and Exchange Commission (SEC) as a security in last week’s Coinbase and Binance lawsuits, the Sui (SUI) price got absolutely slammed.
SUI broke to the south of a short-term downtrend and from its high on Monday around $0.96 per token to...
The Sandbox is Going to Zero as the SEC Deems SAND to be a Security but This New AI Crypto Signals Platform May Be the Next Crypto to Explode – Here's Why
13.6.2023
SAND, the native token that powers The Sandbox’s decentralized crypto, non-fungible token (NFT) and blockchain-powered metaverse, took an absolute beating last week.
When it hit fresh lows for the year just above $0.33 per token, the crypto token had lost a stunning nearly 50% of its value in less...
Binance Goes to Court Against the SEC
13.6.2023
Binance and Binance.US have made their case against the SEC's motion to freeze all Binance.US funds
SEC and Binance seek compromise on US assets freeze
13.6.2023
Binance.US would have to transfer all U.S.-based assets to new wallets but would be allowed to pay its bills under a proposed consent order
‘The Industry Doesn’t Want the Answers.’ Josh Klayman on Coinbase and Binance
13.6.2023
The crypto lawyer isn’t buying the argument that the SEC refuses to give the industry “regulatory clarity.” Chair Gary Gensler has been quite clear over the last two years about what is and what isn't a security, she says