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SEC

News
August 27, 2024

SEC Charges Brothers in $60 Million Crypto Ponzi Scheme Involving Fake Trading Bot

The SEC has charged two brothers with running a $60 million crypto Ponzi scheme involving a fake trading bot and using investor funds for personal luxury expenses.
News
August 12, 2024

Ripple Celebrates Legal Victory Amid Ongoing Uncertainty with SEC

Ripple Labs has marked a significant milestone in its protracted legal battle with the United States Securities and Exchange Commission (SEC), celebrating the conclusion of a four-year dispute that has shaped the cryptocurrency landscape.
News
June 10, 2024

SEC is facing mounting pressure from lawmakers to back off the crypto industry

The Securities and Exchange Commission (SEC) is facing mounting pressure from lawmakers to back off the crypto industry.
News
June 9, 2024

Ripple v SEC lawsuit recap: the latest developments after the trial's start

Ripple v SEC lawsuit: Ripple seeks to seal financial documents, SEC opposes; key witness testimony disputed; trial ongoing with potential settlement by summer.
Crypto exchanges
May 25, 2024

Coinbase argues SEC is evading key issues in staking program dispute

Coinbase has intensified its legal battle against the US Securities and Exchange Commission (SEC), asserting that the regulatory body is attempting to bypass the established Howey test. 
Crypto regulation
May 11, 2024

SEC denies Coinbase's plea for clarity on crypto regulation

In its latest filing, the Securities and Exchange Commission rejected Coinbase's plea to seek clarity regarding the application of traditional securities regulations to the crypto domain.
Crypto regulation
May 10, 2024

Kraken files motion to dismiss SEC’s lawsuit

Crypto exchange Kraken has made a strategic legal move to counter the claims brought against it by the US Securities and Exchange Commission.
Crypto exchanges
May 7, 2024

SEC issues Wells notice to Robinhood

After Binance, Coinbase, and Uniswap, Robinhood has emerged as the latest crypto exchange to receive a Wells notice from the US Securities and Exchange Commission (SEC).
Crypto regulation
April 23, 2024

Ripple opposes the SEC's plea for a $1.95B fine

In a recent court filing, Ripple requested the court to reject the SEC's plea on charging a $1.95B fine from the firm.
Crypto regulation
April 11, 2024

Uniswap responds to SEC’s Wells notice

Uniswap revealed that the SEC issued a Wells notice to the firm, citing that the regulatory body warns of potential enforcement action against the crypto exchange.
Crypto regulation
November 21, 2023

SEC sues Kraken for operating unregistered platform

The US Securities and Exchange Commission has filed a lawsuit against Kraken, accusing the company of operating an unregistered exchange.
Altcoins
October 4, 2023

Judge rejects SEC’s plea to appeal loss in the Ripple lawsuit

The district judge overseeing the SEC vs. Ripple case has denied the SEC’s request to file an appeal after its monumental loss against Ripple Labs.
Crypto exchanges
October 2, 2023

Coinbase acquires Major Payment Institution license in Singapore

Coinbase has acquired a Major Payment Institution (MPI) license from the Monetary Authority of Singapore (MAS), bringing it one step closer to expanding its presence in Southeast Asia.
Crypto exchanges
September 13, 2023

Binance.US CEO quits while the firm cuts one-third of its workforce

Binance.US CEO Brian Shroder has left the exchange while its regulatory troubles show no sign of letting up. Norman Reed, the Chief Legal Officer of Binance.US, will succeed Shroder as the interim CEO.
Crypto exchanges
September 8, 2023

Coinbase eyes expansion to nations with clear crypto rules

Coinbase announced its plans to acquire licenses in the EU, UK, Canada, and other nations as the crypto exchange enters the second phase of international expansion. 
Crypto lending
September 6, 2023

Coinbase to deploy new lending platform for US institutional investors

Weeks after shutting down its Borrow program, Coinbase has decided to launch a new lending platform for US-based institutional clients.
Crypto exchanges
August 20, 2023

Gemini seeks to dismiss SEC lawsuit in its reply brief

Gemini has filed a reply brief in the court to dismiss the SEC’s ongoing lawsuit against the exchange.
Crypto exchanges
July 31, 2023

SEC reportedly ordered Coinbase to delist all coins except Bitcoin

Coinbase CEO Brian Armstrong claimed that before suing the exchange in June, the SEC had asked Coinbase to halt trading services for all cryptocurrencies except Bitcoin.
Crypto borrowing
July 21, 2023

Coinbase to shut down Borrow program over the coming months

Coinbase announced its plans to gradually wind down its Borrow program and requested clients to repay all outstanding loans by November 20.
Crypto regulation
June 29, 2023

Coinbase claims SEC has no authority over the exchange’s crypto tokens

Coinbase slammed the SEC’s lawsuit by claiming that the regulatory agency holds no jurisdiction over the cryptocurrencies on its exchange.
Crypto exchanges
June 16, 2023

Binance to stop operations in Netherlands

Binance announced its plans to withdraw from the Netherlands after an unsuccessful attempt at securing a VASP license from Dutch regulators.
Crypto exchanges
June 8, 2023

Binance.US delists advanced trading pairs for BTC and BUSD

Binance.US announced its plans to delist ten BTC and BUSD advanced trading pairs after the SEC pressed charges against its parent company.
Crypto regulation
June 6, 2023

SEC sues Coinbase for offering unregistered securities

Less than a day after suing Binance, the SEC cracked down on Coinbase for selling unregistered securities to US clients.
Crypto regulation
June 5, 2023

SEC files lawsuit against Binance over alleged securities violations

The US Securities and Exchange Commission sued Binance and its CEO Changpeng Zhao over the sale of unregistered securities.
Crypto regulation
May 16, 2023

Coinbase reacts as SEC requests court to dismiss rulemaking petition

Coinbase's Chief Legal Officer Paul Grewal voiced his concerns over the SEC’s regulation on the crypto industry after the agency claimed it will continue to use enforcement as a substitute for lawmaking.
Crypto regulation
May 8, 2023

Brad Garlinghouse claims SEC lawsuit will cost Ripple $200M

Ripple CEO Brad Garlinghouse estimated that the firm will have spent $200M in its ongoing lawsuit against the SEC by the time the court decides on a verdict.
Altcoins
April 28, 2023

Ripple reports sale of $361M XRP tokens in Q1 2023

Ripple reportedly sold over $361M worth of XRP tokens in the first quarter of 2023. 
Crypto regulation
April 25, 2023

Coinbase requests court to compel SEC to provide regulatory clarity

Coinbase asked the US Court of Appeals for the Third Circuit to urge the SEC to respond to its rulemaking petition weeks after receiving a Wells notice from the regulatory agency.
Crypto regulation
April 18, 2023

Coinbase may move out of the US if crypto regulations remain unclear

In a recent discussion during Fintech Week, Coinbase CEO Brian Armstrong claimed that the firm may relocate out of the US if the authorities do not provide clarity on crypto regulations.
Crypto regulation
March 23, 2023

Coinbase responds to SEC’s Wells notice

Coinbase's CEO and CLO responded to the SEC's threats of potential enforcement action against the exchange for alleged violation of the securities law.
Crypto regulation
March 23, 2023

SEC charges TRON founder for securities law violations

The US Securities and Exchange Commission charged TRON founder Justin Sun and three of his firms for selling unregistered crypto tokens.
Crypto staking
March 21, 2023

Coinbase sends petition on staking to SEC

Coinbase submitted an 18-page long staking petition to the SEC following the regulatory agency’s recent settlement with Kraken over its staking services.
Crypto regulation
March 16, 2023

SEC Chair claims Proof-of-Stake tokens qualify as securities

SEC Chairman Gary Gensler reiterated that Proof-of-Stake tokens qualify as securities under the current laws.
Crypto regulation
March 9, 2023

CFTC Chair asserts Ethereum and Stablecoins are commodities

CFTC Chair Rostin Behnam said Ethereum and stablecoins are commodities during Wednesday's Senate Agricultural court hearing.
Crypto lending
March 8, 2023

Binance.US wins court approval to acquire Voyager Digital

Judge Michael Wiles has approved Binance US' proposal to acquire Voyager Digital despite significant opposition from the US regulators.
Crypto lending
March 1, 2023

Voyager clients vote in favor of Binance.US’ restructuring plan

A recent survey conducted by Stretto revealed that 97% of Voyager Digital clients voted in favor of Binance.US’ $1.022B plan to purchase the bankrupt lender’s assets. 
Crypto regulation
February 23, 2023

US regulators oppose Binance.US’ $1.022B Voyager acquisition deal

The US SEC, the NYDFS, and Attorney General Letitia James filed objections to Binance.US’ $1.022B bid for acquiring Voyager Digital.
Crypto exchanges
February 22, 2023

Coinbase’s Q4 2022 net revenue surpasses expectations

Coinbase’s total earnings for the fourth quarter of 2022 were higher than analysts’ expectations despite a 12% decline in quarterly transaction revenue.
Crypto staking
February 16, 2023

Cardano founder addresses criticism surrounding contingent staking

Charles Hoskinson dispelled misconceptions about the proposed contingent staking model. He claimed that contingent staking will neither replace conventional staking nor remove private pools.
Custody
February 16, 2023

Coinbase and Anchorage accept SEC’s custody proposal

Coinbase and Anchorage Digital have accepted the SEC’s new proposal concerning safeguarding clients' assets. In addition, the crypto platforms were recognized as qualified custodians following the proposal's release.
Crypto regulation
February 16, 2023

Binance is prepared to pay penalties for past conduct

Binance is ready to pay monetary penalties to US regulators to make amends for past regulatory violations. The exchange claims it grew quickly and was unaware of the laws and regulations to prevent money laundering and corruption.
Crypto regulation
February 13, 2023

New York regulator orders Paxos to stop issuing BUSD

NYDFS has ordered Paxos to stop issuing new BUSDs. This action by the regulator might cause a decrease in the BUSD market cap over time and users' migration to other stablecoins. 
Crypto staking
February 11, 2023

Coinbase Says Its Staking Services Are Not Securities

Coinbase has stated its staking services are not securities. This is because staking does not fall under the US Securities Act and does not pass the four elements of the Howey test.
Crypto staking
February 10, 2023

Kraken to cease staking services for US clients to settle SEC charges

Kraken has agreed to pay $30M and shut down crypto staking services for US clients after facing charges from the SEC.
Crypto exchanges
February 9, 2023

Kraken under investigation by SEC over securities violations

Kraken is facing a probe from the US Securities and Exchange Commission for violating securities laws.
Crypto regulation
January 20, 2023

Nexo Agrees To Pay $45M To US Regulators Over Unregistered Lending Product

Nexo has agreed to pay $45M as penalty fees to the SEC and state regulators for failing to register its Earn Interest Product.
Crypto regulation
January 7, 2023

US Regulators Probe Digital Currency Group Over Internal Financial Transfers

The US Securities and Exchange Commission and the Department of Justice have launched investigations into Digital Currency Group over internal financial transfers between the firm and Genesis.
Crypto regulation
January 5, 2023

SEC Opposes Binance.US’ $1B Deal For Acquiring Voyager Digital

The US Securities and Exchange Commission (SEC) has filed a limited objection to Binance.US’ ongoing discussions with Voyager Digital to purchase its assets for $1.022B.
Crypto exchanges
December 23, 2022

OKX Releases Second Proof-Of-Reserves Report

OKX published its second Proof-of-Reserves report to continue providing transparency to its users.
Crypto regulation
December 22, 2022

Two Former FTX Executives Plead Guilty To Fraud

Former FTX executives Caroline Ellison and Gary Wang pleaded guilty to charges of committing fraud as the exchange’s former CEO, Sam Bankman-Fried, was extradited to the US.
Crypto regulation
December 20, 2022

Coinbase CEO Proposes Guidelines For Regulation Of Crypto Industry

Brian Armstrong outlined a blueprint for regulating centralized actors and stablecoin issuers in the wake of FTX’s collapse.
Bitcoin
December 19, 2022

Nigeria Seeks To Legalize Bitcoin And Crypto Usage

The Nigerian government is set to pass a bill that will recognize Bitcoin and other cryptocurrencies as legal capital for investment.
Crypto regulation
December 14, 2022

CFTC Declares Bitcoin, Ethereum And Tether As Commodities

The Commodity Futures Trading Commission labeled Bitcoin, Ethereum and Tether as commodities in its lawsuit against FTX and Alameda Research.
Crypto wallets
November 29, 2022

Coinbase Wallet To Drop Support For Ripple, Ethereum Classic, Bitcoin Cash, And Stellar Due To “Low Usage”

Coinbase Wallet announced its plans to cease support for Ripple (XRP), Ethereum Classic (ETC), Bitcoin Cash (BCH), and Stellar (XLM) starting December 5.
Crypto regulation
November 22, 2022

Attorney Claims Substantial Amount Of FTX’s Assets Are Stolen Or Missing

James Bromley reported that a large portion of FTX’s assets remain unaccounted for. He claimed that FTX has begun adding measures to safeguard its clients’ assets under the leadership of John J. Ray III.
Crypto regulation
November 16, 2022

FBI Seeks To Extradite Sam Bankman-Fried For Questioning

The FBI is reportedly in talks with Bahamian authorities to extradite Sam Bankman-Fried to the US for interrogation on FTX's downfall.
Crypto exchanges
November 10, 2022

Tether Freezes FTX’s $46M Worth Of USDT Assets

Tether has frozen FTX’s USD Tether (USDT) balance following instructions from law enforcement authorities. 
Crypto lending
November 7, 2022

BlockFi To Roll Out Crypto Yield Accounts For US Clients

BlockFi plans to launch interest-bearing accounts for US-based accredited investors starting in late 2022.
Crypto Mining
October 28, 2022

Core Scientific Set To File For Bankruptcy

Core Scientific might be filing for bankruptcy in the near future. This is due to the prolonged decrease in Bitcoin price and other factors, which have affected the company’s liquidity.
Crypto lending
October 27, 2022

Alex Mashinsky Accused Of Falsely Claiming To Invest $18M In CEL’s ICO

Tiffany Fong’s latest set of Tweets alleged that Alex Mashinsky, Co-Founder and Ex-CEO of Celsius, falsely claimed to invest $18M in CEL's ICO.
Crypto regulation
October 24, 2022

SEC Chairman Warns About Centralization In The Crypto Market

In his recent speech, Gary Gensler, the SEC Chairman, revealed his opinions on the increasing centralization in the crypto ecosystem.
Crypto exchanges
October 22, 2022

FTX To Delist Tokens That It Considers As Securities

Sam Bankman-Fried, the CEO of FTX, said his exchange will stop supporting certain tokens in the US to avoid facing regulatory issues.
Crypto regulation
October 18, 2022

SEC And CFTC Probe 3AC Over Allegations Of Investor Conduct Violations

SEC and CFTC investigate Three Arrows Capital (3AC) for potentially misleading its investors.
Bitcoin
October 3, 2022

NYDIG Raises $720 Million For Its Bitcoin Institutional Fund

NYDIG has generated about $720 million for its Bitcoin Institutional Fund. This success was made possible by the 59 Investors who donated an average of over $12 million to the fundraising.
Crypto regulation
September 30, 2022

SEC Sues Another Crypto Project and Its "Market Maker" For Alleged Market Manipulation

Hydrogen Technology and Moonwalkers Trading have come under the SEC's hammer for selling tokens using airdrops and bounty programs while funding its project in 2018.
Crypto regulation
September 30, 2022

XRP Price Surges By 11% As Court Overrules SEC's Objections

XRP witnessed an uptrend in its pricing after Analisa Torres overruled the SEC's objections in its ongoing case against Ripple Labs.
Crypto regulation
September 20, 2022

Sparkster Settles with SEC, Agrees to Compensate Investors with $35 Million

The SEC filed charges against Sparkster Ltd, CEO Daya, and crypto influencer, Balina over an unregistered 2018 SPRK ICO. While Sparkster has agreed to pay a total of $35 million, Balina’s charges may take longer.
Crypto regulation
September 20, 2022

SEC Charges Ian Balina Over Promotion And Sale Of Unregistered ICO

The US Securities and Exchange Commission filed a complaint against crypto promoter Ian Balina over violations of the Federal Securities law.
Crypto regulation
September 18, 2022

Ripple CEO Claims SEC Is Not Interested In Applying The Law

Ripple Labs Inc. filed the motion for a summary judgment earlier today, with Brad Garlinghouse slamming the SEC by claiming it is only concerned with expanding its jurisdiction beyond securities.
Crypto regulation
September 16, 2022

SEC Sues Crypto Companies for Fund Mismanagement

The SEC has been going after bad crypto actors recently. In their recent action, they sued two crypto firms and their owner for using their investors’ funds in Ponzi-like schemes.
Crypto regulation
September 16, 2022

Ethereum’s New Staking Model May Draw SEC Attention

Ethereum’s transition to the staking model might draw the SEC’s attention. This is so because SEC expects crypto platforms offering staking services to take the Howey test to determine whether its asset is a security.
Crypto regulation
September 12, 2022

Brazilian CVM Demands Changes In The Pending Crypto Bill

Brazil’s Securities and Exchange Commission (CVM) pressed for changes in the pending cryptocurrency bill to fix a loophole concerning the regulation of digital assets.
Crypto regulation
September 11, 2022

SEC To Set Up Specialized Offices To Review Crypto Filings

US SEC announced its plans to set up two new offices to support the DRP in matters related to crypto asset filings. 
Bitcoin
September 10, 2022

MicroStrategy Plans To Sell Up To $500M Worth Of Stock To Buy BTC

MicroStrategy entered into a sales agreement with Cowen and Company and BTIG to sell up to $500M of its shares to fund its Bitcoin acquisition strategy.
Crypto regulation
September 2, 2022

Thailand SEC Mandates Stricter Regulations On Crypto Advertising

Thailand’s SEC issued an amendment to the advertising regulations for crypto firms and businesses. 
DeFi
August 29, 2022

Ava Labs Denies Crypto Leaks’ Conspiracy Accusations

Ava Labs CEO dismissed accusations that the firm paid off Roche Freedman to sue its competitors.
Crypto exchanges
August 25, 2022

SCB Terminates $500M Deal To Acquire Bitkub

Siam Commercial Bank, Thailand’s oldest bank, discarded its plans to purchase crypto exchange Bitkub in a $500M deal, citing the platform’s unresolved issues with the Thailand SEC as the reason behind pulling out of the agreement.
Crypto regulation
August 22, 2022

XRP Attorney Hints That SEC Chair Could Be Messing With Crypto

CryptoLaw founder John Deaton has written an op-ed criticizing the regulator's overreach in the crypto space.
DeFi
August 21, 2022

XRP Network Sees Highest Whale Activity Since May

As the crypto market heads in a bearish direction, XRP sees a massive influx of whale transactions, with over $100K worth of funds transferred as Ripple tokens.
Crypto regulation
August 19, 2022

SEC Reinforces Bid Blocking Ripple From Getting Evidence In XRP Lawsuit

The SEC moves to prevent Ripple from getting hold of a 2018 William Hinman speech, stating that Ethereum is not a security.
Crypto regulation
August 16, 2022

SEC Sues Dragonchain Over Sale Of Unregistered Securities

the US Securities and Exchange Commission charges Dragonchain Inc., Dragonchain Foundation, and the Dragon Company by accusing the founder, John Joseph Roets, of raising $16.5M by the illegal sale of unregistered crypto asset securities
Crypto regulation
August 15, 2022

Crypto Industry Eyes SEC's Recent Regulatory Actions To Stamp Its Authority

The US SEC has turned up its regulation heat in recent weeks in a bid to curb fraudulent activities in the crypto space.
Crypto regulation
August 14, 2022

CFTC Charges Ohio-Based Man For Alleged $12 Million Ponzi Scam

An Ohio-based man is in CFTC's crosshairs for complicity in an alleged Ponzi scheme.
Crypto regulation
August 11, 2022

Philippines To Close Application Window For New VASP Licenses For Three Years

The Central Bank of the Philippines issued a memorandum to halt the application process for new Virtual Asset Service Provider licenses for three years, starting September 1.

Latest News

SEC denies Coinbase's plea for clarity on crypto regulation

Crypto regulation
May 11, 2024
In its latest filing, the Securities and Exchange Commission rejected Coinbase's plea to seek clarity regarding the application of traditional securities regulations to the crypto domain.

Kraken files motion to dismiss SEC’s lawsuit

Crypto regulation
May 10, 2024
Crypto exchange Kraken has made a strategic legal move to counter the claims brought against it by the US Securities and Exchange Commission.

SEC issues Wells notice to Robinhood

Crypto exchanges
May 7, 2024
After Binance, Coinbase, and Uniswap, Robinhood has emerged as the latest crypto exchange to receive a Wells notice from the US Securities and Exchange Commission (SEC).

Ripple opposes the SEC's plea for a $1.95B fine

Crypto regulation
April 23, 2024
In a recent court filing, Ripple requested the court to reject the SEC's plea on charging a $1.95B fine from the firm.

Uniswap responds to SEC’s Wells notice

Crypto regulation
April 11, 2024
Uniswap revealed that the SEC issued a Wells notice to the firm, citing that the regulatory body warns of potential enforcement action against the crypto exchange.

SEC sues Kraken for operating unregistered platform

Crypto regulation
November 21, 2023
The US Securities and Exchange Commission has filed a lawsuit against Kraken, accusing the company of operating an unregistered exchange.

Judge rejects SEC’s plea to appeal loss in the Ripple lawsuit

Altcoins
October 4, 2023
The district judge overseeing the SEC vs. Ripple case has denied the SEC’s request to file an appeal after its monumental loss against Ripple Labs.

Coinbase acquires Major Payment Institution license in Singapore

Crypto exchanges
October 2, 2023
Coinbase has acquired a Major Payment Institution (MPI) license from the Monetary Authority of Singapore (MAS), bringing it one step closer to expanding its presence in Southeast Asia.

Binance.US CEO quits while the firm cuts one-third of its workforce

Crypto exchanges
September 13, 2023
Binance.US CEO Brian Shroder has left the exchange while its regulatory troubles show no sign of letting up. Norman Reed, the Chief Legal Officer of Binance.US, will succeed Shroder as the interim CEO.

Coinbase eyes expansion to nations with clear crypto rules

Crypto exchanges
September 8, 2023
Coinbase announced its plans to acquire licenses in the EU, UK, Canada, and other nations as the crypto exchange enters the second phase of international expansion. 

Coinbase to deploy new lending platform for US institutional investors

Crypto lending
September 6, 2023
Weeks after shutting down its Borrow program, Coinbase has decided to launch a new lending platform for US-based institutional clients.

Gemini seeks to dismiss SEC lawsuit in its reply brief

Crypto exchanges
August 20, 2023
Gemini has filed a reply brief in the court to dismiss the SEC’s ongoing lawsuit against the exchange.

SEC reportedly ordered Coinbase to delist all coins except Bitcoin

Crypto exchanges
July 31, 2023
Coinbase CEO Brian Armstrong claimed that before suing the exchange in June, the SEC had asked Coinbase to halt trading services for all cryptocurrencies except Bitcoin.

Coinbase to shut down Borrow program over the coming months

Crypto borrowing
July 21, 2023
Coinbase announced its plans to gradually wind down its Borrow program and requested clients to repay all outstanding loans by November 20.

Coinbase claims SEC has no authority over the exchange’s crypto tokens

Crypto regulation
June 29, 2023
Coinbase slammed the SEC’s lawsuit by claiming that the regulatory agency holds no jurisdiction over the cryptocurrencies on its exchange.

Binance to stop operations in Netherlands

Crypto exchanges
June 16, 2023
Binance announced its plans to withdraw from the Netherlands after an unsuccessful attempt at securing a VASP license from Dutch regulators.

Binance.US delists advanced trading pairs for BTC and BUSD

Crypto exchanges
June 8, 2023
Binance.US announced its plans to delist ten BTC and BUSD advanced trading pairs after the SEC pressed charges against its parent company.

SEC sues Coinbase for offering unregistered securities

Crypto regulation
June 6, 2023
Less than a day after suing Binance, the SEC cracked down on Coinbase for selling unregistered securities to US clients.

SEC files lawsuit against Binance over alleged securities violations

Crypto regulation
June 5, 2023
The US Securities and Exchange Commission sued Binance and its CEO Changpeng Zhao over the sale of unregistered securities.

Coinbase reacts as SEC requests court to dismiss rulemaking petition

Crypto regulation
May 16, 2023
Coinbase's Chief Legal Officer Paul Grewal voiced his concerns over the SEC’s regulation on the crypto industry after the agency claimed it will continue to use enforcement as a substitute for lawmaking.

Brad Garlinghouse claims SEC lawsuit will cost Ripple $200M

Crypto regulation
May 8, 2023
Ripple CEO Brad Garlinghouse estimated that the firm will have spent $200M in its ongoing lawsuit against the SEC by the time the court decides on a verdict.

Ripple reports sale of $361M XRP tokens in Q1 2023

Altcoins
April 28, 2023
Ripple reportedly sold over $361M worth of XRP tokens in the first quarter of 2023. 

Coinbase requests court to compel SEC to provide regulatory clarity

Crypto regulation
April 25, 2023
Coinbase asked the US Court of Appeals for the Third Circuit to urge the SEC to respond to its rulemaking petition weeks after receiving a Wells notice from the regulatory agency.

Coinbase may move out of the US if crypto regulations remain unclear

Crypto regulation
April 18, 2023
In a recent discussion during Fintech Week, Coinbase CEO Brian Armstrong claimed that the firm may relocate out of the US if the authorities do not provide clarity on crypto regulations.

Coinbase responds to SEC’s Wells notice

Crypto regulation
March 23, 2023
Coinbase's CEO and CLO responded to the SEC's threats of potential enforcement action against the exchange for alleged violation of the securities law.

SEC charges TRON founder for securities law violations

Crypto regulation
March 23, 2023
The US Securities and Exchange Commission charged TRON founder Justin Sun and three of his firms for selling unregistered crypto tokens.

Coinbase sends petition on staking to SEC

Crypto staking
March 21, 2023
Coinbase submitted an 18-page long staking petition to the SEC following the regulatory agency’s recent settlement with Kraken over its staking services.

SEC Chair claims Proof-of-Stake tokens qualify as securities

Crypto regulation
March 16, 2023
SEC Chairman Gary Gensler reiterated that Proof-of-Stake tokens qualify as securities under the current laws.

CFTC Chair asserts Ethereum and Stablecoins are commodities

Crypto regulation
March 9, 2023
CFTC Chair Rostin Behnam said Ethereum and stablecoins are commodities during Wednesday's Senate Agricultural court hearing.

Binance.US wins court approval to acquire Voyager Digital

Crypto lending
March 8, 2023
Judge Michael Wiles has approved Binance US' proposal to acquire Voyager Digital despite significant opposition from the US regulators.

Voyager clients vote in favor of Binance.US’ restructuring plan

Crypto lending
March 1, 2023
A recent survey conducted by Stretto revealed that 97% of Voyager Digital clients voted in favor of Binance.US’ $1.022B plan to purchase the bankrupt lender’s assets. 

US regulators oppose Binance.US’ $1.022B Voyager acquisition deal

Crypto regulation
February 23, 2023
The US SEC, the NYDFS, and Attorney General Letitia James filed objections to Binance.US’ $1.022B bid for acquiring Voyager Digital.

Coinbase’s Q4 2022 net revenue surpasses expectations

Crypto exchanges
February 22, 2023
Coinbase’s total earnings for the fourth quarter of 2022 were higher than analysts’ expectations despite a 12% decline in quarterly transaction revenue.

Cardano founder addresses criticism surrounding contingent staking

Crypto staking
February 16, 2023
Charles Hoskinson dispelled misconceptions about the proposed contingent staking model. He claimed that contingent staking will neither replace conventional staking nor remove private pools.

Coinbase and Anchorage accept SEC’s custody proposal

Custody
February 16, 2023
Coinbase and Anchorage Digital have accepted the SEC’s new proposal concerning safeguarding clients' assets. In addition, the crypto platforms were recognized as qualified custodians following the proposal's release.

Binance is prepared to pay penalties for past conduct

Crypto regulation
February 16, 2023
Binance is ready to pay monetary penalties to US regulators to make amends for past regulatory violations. The exchange claims it grew quickly and was unaware of the laws and regulations to prevent money laundering and corruption.

New York regulator orders Paxos to stop issuing BUSD

Crypto regulation
February 13, 2023
NYDFS has ordered Paxos to stop issuing new BUSDs. This action by the regulator might cause a decrease in the BUSD market cap over time and users' migration to other stablecoins. 

Coinbase Says Its Staking Services Are Not Securities

Crypto staking
February 11, 2023
Coinbase has stated its staking services are not securities. This is because staking does not fall under the US Securities Act and does not pass the four elements of the Howey test.

Kraken to cease staking services for US clients to settle SEC charges

Crypto staking
February 10, 2023
Kraken has agreed to pay $30M and shut down crypto staking services for US clients after facing charges from the SEC.

Kraken under investigation by SEC over securities violations

Crypto exchanges
February 9, 2023
Kraken is facing a probe from the US Securities and Exchange Commission for violating securities laws.

Nexo Agrees To Pay $45M To US Regulators Over Unregistered Lending Product

Crypto regulation
January 20, 2023
Nexo has agreed to pay $45M as penalty fees to the SEC and state regulators for failing to register its Earn Interest Product.

US Regulators Probe Digital Currency Group Over Internal Financial Transfers

Crypto regulation
January 7, 2023
The US Securities and Exchange Commission and the Department of Justice have launched investigations into Digital Currency Group over internal financial transfers between the firm and Genesis.

SEC Opposes Binance.US’ $1B Deal For Acquiring Voyager Digital

Crypto regulation
January 5, 2023
The US Securities and Exchange Commission (SEC) has filed a limited objection to Binance.US’ ongoing discussions with Voyager Digital to purchase its assets for $1.022B.

OKX Releases Second Proof-Of-Reserves Report

Crypto exchanges
December 23, 2022
OKX published its second Proof-of-Reserves report to continue providing transparency to its users.

Two Former FTX Executives Plead Guilty To Fraud

Crypto regulation
December 22, 2022
Former FTX executives Caroline Ellison and Gary Wang pleaded guilty to charges of committing fraud as the exchange’s former CEO, Sam Bankman-Fried, was extradited to the US.

Coinbase CEO Proposes Guidelines For Regulation Of Crypto Industry

Crypto regulation
December 20, 2022
Brian Armstrong outlined a blueprint for regulating centralized actors and stablecoin issuers in the wake of FTX’s collapse.

Nigeria Seeks To Legalize Bitcoin And Crypto Usage

Bitcoin
December 19, 2022
The Nigerian government is set to pass a bill that will recognize Bitcoin and other cryptocurrencies as legal capital for investment.

CFTC Declares Bitcoin, Ethereum And Tether As Commodities

Crypto regulation
December 14, 2022
The Commodity Futures Trading Commission labeled Bitcoin, Ethereum and Tether as commodities in its lawsuit against FTX and Alameda Research.

Coinbase Wallet To Drop Support For Ripple, Ethereum Classic, Bitcoin Cash, And Stellar Due To “Low Usage”

Crypto wallets
November 29, 2022
Coinbase Wallet announced its plans to cease support for Ripple (XRP), Ethereum Classic (ETC), Bitcoin Cash (BCH), and Stellar (XLM) starting December 5.

Attorney Claims Substantial Amount Of FTX’s Assets Are Stolen Or Missing

Crypto regulation
November 22, 2022
James Bromley reported that a large portion of FTX’s assets remain unaccounted for. He claimed that FTX has begun adding measures to safeguard its clients’ assets under the leadership of John J. Ray III.

FBI Seeks To Extradite Sam Bankman-Fried For Questioning

Crypto regulation
November 16, 2022
The FBI is reportedly in talks with Bahamian authorities to extradite Sam Bankman-Fried to the US for interrogation on FTX's downfall.

Tether Freezes FTX’s $46M Worth Of USDT Assets

Crypto exchanges
November 10, 2022
Tether has frozen FTX’s USD Tether (USDT) balance following instructions from law enforcement authorities. 

BlockFi To Roll Out Crypto Yield Accounts For US Clients

Crypto lending
November 7, 2022
BlockFi plans to launch interest-bearing accounts for US-based accredited investors starting in late 2022.

Core Scientific Set To File For Bankruptcy

Crypto Mining
October 28, 2022
Core Scientific might be filing for bankruptcy in the near future. This is due to the prolonged decrease in Bitcoin price and other factors, which have affected the company’s liquidity.

Alex Mashinsky Accused Of Falsely Claiming To Invest $18M In CEL’s ICO

Crypto lending
October 27, 2022
Tiffany Fong’s latest set of Tweets alleged that Alex Mashinsky, Co-Founder and Ex-CEO of Celsius, falsely claimed to invest $18M in CEL's ICO.

SEC Chairman Warns About Centralization In The Crypto Market

Crypto regulation
October 24, 2022
In his recent speech, Gary Gensler, the SEC Chairman, revealed his opinions on the increasing centralization in the crypto ecosystem.

FTX To Delist Tokens That It Considers As Securities

Crypto exchanges
October 22, 2022
Sam Bankman-Fried, the CEO of FTX, said his exchange will stop supporting certain tokens in the US to avoid facing regulatory issues.

SEC And CFTC Probe 3AC Over Allegations Of Investor Conduct Violations

Crypto regulation
October 18, 2022
SEC and CFTC investigate Three Arrows Capital (3AC) for potentially misleading its investors.

NYDIG Raises $720 Million For Its Bitcoin Institutional Fund

Bitcoin
October 3, 2022
NYDIG has generated about $720 million for its Bitcoin Institutional Fund. This success was made possible by the 59 Investors who donated an average of over $12 million to the fundraising.

SEC Sues Another Crypto Project and Its "Market Maker" For Alleged Market Manipulation

Crypto regulation
September 30, 2022
Hydrogen Technology and Moonwalkers Trading have come under the SEC's hammer for selling tokens using airdrops and bounty programs while funding its project in 2018.

XRP Price Surges By 11% As Court Overrules SEC's Objections

Crypto regulation
September 30, 2022
XRP witnessed an uptrend in its pricing after Analisa Torres overruled the SEC's objections in its ongoing case against Ripple Labs.

Sparkster Settles with SEC, Agrees to Compensate Investors with $35 Million

Crypto regulation
September 20, 2022
The SEC filed charges against Sparkster Ltd, CEO Daya, and crypto influencer, Balina over an unregistered 2018 SPRK ICO. While Sparkster has agreed to pay a total of $35 million, Balina’s charges may take longer.

SEC Charges Ian Balina Over Promotion And Sale Of Unregistered ICO

Crypto regulation
September 20, 2022
The US Securities and Exchange Commission filed a complaint against crypto promoter Ian Balina over violations of the Federal Securities law.

Ripple CEO Claims SEC Is Not Interested In Applying The Law

Crypto regulation
September 18, 2022
Ripple Labs Inc. filed the motion for a summary judgment earlier today, with Brad Garlinghouse slamming the SEC by claiming it is only concerned with expanding its jurisdiction beyond securities.

SEC Sues Crypto Companies for Fund Mismanagement

Crypto regulation
September 16, 2022
The SEC has been going after bad crypto actors recently. In their recent action, they sued two crypto firms and their owner for using their investors’ funds in Ponzi-like schemes.

Ethereum’s New Staking Model May Draw SEC Attention

Crypto regulation
September 16, 2022
Ethereum’s transition to the staking model might draw the SEC’s attention. This is so because SEC expects crypto platforms offering staking services to take the Howey test to determine whether its asset is a security.

Brazilian CVM Demands Changes In The Pending Crypto Bill

Crypto regulation
September 12, 2022
Brazil’s Securities and Exchange Commission (CVM) pressed for changes in the pending cryptocurrency bill to fix a loophole concerning the regulation of digital assets.

SEC To Set Up Specialized Offices To Review Crypto Filings

Crypto regulation
September 11, 2022
US SEC announced its plans to set up two new offices to support the DRP in matters related to crypto asset filings. 

MicroStrategy Plans To Sell Up To $500M Worth Of Stock To Buy BTC

Bitcoin
September 10, 2022
MicroStrategy entered into a sales agreement with Cowen and Company and BTIG to sell up to $500M of its shares to fund its Bitcoin acquisition strategy.

Thailand SEC Mandates Stricter Regulations On Crypto Advertising

Crypto regulation
September 2, 2022
Thailand’s SEC issued an amendment to the advertising regulations for crypto firms and businesses. 

Ava Labs Denies Crypto Leaks’ Conspiracy Accusations

DeFi
August 29, 2022
Ava Labs CEO dismissed accusations that the firm paid off Roche Freedman to sue its competitors.

SCB Terminates $500M Deal To Acquire Bitkub

Crypto exchanges
August 25, 2022
Siam Commercial Bank, Thailand’s oldest bank, discarded its plans to purchase crypto exchange Bitkub in a $500M deal, citing the platform’s unresolved issues with the Thailand SEC as the reason behind pulling out of the agreement.
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