Tag Archives: crackdown

In a recent move that intensifies the Securities and Exchange Commission’s (SEC) crackdown on the Non-Fungible Token (NFT) sector, the SEC has charged Stoner Cats 2 (SC2) with conducting an “unregistered offering of crypto asset securities.”  The charges specifically target Stoner Cats’ sale of non-fungible tokens, which raised approximately $8 …

According to a recent report by crypto research firm Messari, Tezos has been progressing in its roadmap development, with several new features and upgrades being introduced to the network.  The platform’s core developers have announced a strategic shift to hybrid optimistic/zk rollups, with multiple teams committed to building rollups that …

The crypto market has turned bearish since the SEC charged Binance and Coinbase with listing unregistered securities last week. The cryptocurrency market is in a crucial growth phase that could significantly determine the winners of blockchain mainstream adoption. The fact that different countries are coming up with respective crypto policies …

After a period of relative calm, the United States Securities and Exchange Commission (SEC) kicked off its summer crypto crackdown by targeting two major exchanges, Binance and Coinbase. A total of 13 charges have been filed against Binance. One of the allegations in the suit claims that funds from Binance …

The judges presiding over Coinbase and Binance’s lawsuits will likely watch the results of the SEC v Ripple case closely, crypto lawyers told Cointelegraph. Ripple has been in a legal battle with the SEC since December 2020. The regulator alleges it was offering unregistered securities via XRP (XRP) since 2013. …

Bitcoin (BTC) price lost steam after a failed retest of the $27,400 resistance on June 6, signaling that investors became less confident after the recent regulatory actions by the U.S Securities and Exchange Commission against Binance and Coinbase. Both exchanges are being sued on multiple counts, including failure to register …

With crypto giant Coinbase seeking a license to operate in Bermuda, the country’s crypto market is buzzing with activity of more US firms showing interest. The tighter regulatory action and crackdown in the US have recently forced crypto companies operating in the country to shit their base to the crypto-friendly …

The Coinbase International Exchange will provide institutional clients outside of the US with BTC and ETH contracts and up to 5x in leverage. Crypto exchange Coinbase has launched an international exchange to offer its teeming institutional clients an expanded portfolio of crypto services. According to the company, the new Coinbase …

The Ethereum network underwent the successful Shapella hard fork on April 12, allowing validators to withdraw their long-staked Ether (ETH) from the Beacon Chain after three years. In the first week of withdrawals, more than a million ETH was unstaked by validators. However, from the second week onward, the number …

Decentralized Finance (DeFi) is facing increased regulatory scrutiny as the Securities and Exchange Commission (SEC) reopens the comment period on proposed amendments to the definition of “exchange” under Exchange Act Rule 3b-16. The proposed amendments were initially put forward in January 2022, and the SEC reopened the comment period in …

The U.S. government’s frosty approach to cryptocurrency regulation could ultimately see the industry’s “center of gravity” shift to Hong Kong, says Ambre Soubiran, the CEO of Paris-based institutional crypto market data provider Kaiko. The U.S. has been at the forefront of the crypto sector for quite some time, however, with …

The regulatory crackdown was highly anticipated based on the recent White House report to Congress, which called crypto volatile for investment. Since the FTX and Alameda implosion late last year, which was described as the largest American corporate failure of the century, the United States financial regulators – including the …