Category: SEC - Page 3

SEC’s DeFi Rulemaking Do-Over Falls Short

June 12, 2023CryptoLeave a Comment

SEC’s DeFi Rulemaking Do-Over Falls Short

SEC Lawsuits Spur $4B Deposit Flight From Crypto Exchanges Binance, Binance.US, Coinbase

June 9, 2023CryptoLeave a Comment

The U.S.-based exchange said on Friday that users should withdraw USD as soon as possible following the SEC’s “extremely aggressive and intimidating tactics” against the company. The platform has suspended U.S. dollar deposits and will delist USD trading pairs shortly, while it temporarily transitions to a crypto-only exchange.

Coinbase Grew Quickly by Working With U.S. Regulators. Will It Expand Even More by Disregarding the SEC?

May 2, 2023CryptoLeave a Comment

But the new vertical is also a sign of the exchange’s increasingly global perspective. Although Coinbase has operated across Europe and parts of Asia, Africa and Latin America for years, it has recently become more vocal about building internationally. In an April blog post, the exchange said it has begun talking with financial regulators in […]

What’s in the House Financial Services Committee’s Stablecoin Bill?

April 18, 2023CryptoLeave a Comment

Another section calls for a study on “the potential impact” of a central bank digital currency (CBDC), or digital dollar, on the Fed’s monetary policy tools, U.S. financial sector, banking sector and financial stability, as well as to payment services. The Treasury Department, alongside the various regulators, would have to report to the Financial Services […]

ARK Buys the Wells Dip With $17.7 Million COIN Purchase

March 23, 2023CryptoLeave a Comment

On Tuesday, Cathie Wood’s fund sold 160,887 shares of COIN for $13.5 million when the stock was at approximately $83 a share. Just over 48 hours later, ARK bought the dip and purchased 268,928 shares of COIN as the stock fell and closed Thursday in the U.S at $66.30.

Lido’s LDO Token Sinks 10% Following Rumors Crypto Staking Service Received SEC Notice

March 4, 2023CryptoLeave a Comment

The rumor sparked panic on crypto Twitter, however, and it quickly spread across the Colorado convention hall where ETHDenver, one of the year’s largest crypto industry gatherings, was underway. The rumors, if proven true, would suggest that the SEC is ramping up scrutiny of Ethereum and crypto staking.

SEC Tightening of Crypto Regulations Is not an Existential Threat

February 17, 2023CryptoLeave a Comment

The custody rule change is currently a proposal, and is favorable for bank-custodians and thus positive for crypto custodians such as Anchorage, who have bank charters, and also custodians who operate under state charters, analysts Gautam Chhugani and Manas Agrawal wrote.

How the SEC Could Reshape Ethereum’s Staking Landscape for the Better

February 13, 2023CryptoLeave a Comment

“I think this is good for decentralization,” said Ben Edgington, a product manager at Ethereum research and development firm ConsenSys. On a proof-of-stake network like Ethereum, one’s stake equates to their power over the network; if one party accounts for enough of Ethereum’s stake (around 50-60%), they can theoretically slow it down or block certain […]