SEC waives BlockFi’s $30M fine until creditors are paid
The U.S. SEC was at the top of BlockFi creditor’s list with a $30-million settlement balance from February 2022.
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US SEC Agrees to Forego BlockFi’s $30M Fine Until Investors are Repaid
The United States Securities and Exchange Commission (SEC) has given up its slot as one of the first creditors to be repaid by the insolvent crypto lending platform BlockFi. The…
Binance.US solves USD withdrawal issues but warns it won’t last long
“While USD withdrawal remains fully operational on the platform today, we expect our banking partners to discontinue that service in the near future,” said Binance.US.
Binance.US Refutes SEC Claims About Mishandling User Funds
Binance’s U.S. subsidiary has challenged claims from the Securities and Exchange Commission (SEC) that the company mismanaged user assets as “misleading.” In a motion filed on Wednesday, the exchange pointed…
Crypto enthusiasts are wrong to target Gary Gensler
Laws in the United States are the problem. Cryptocurrency advocates should focus on changing them — and, in the meantime, consider moving to the European Union.
US lawmaker demands answers from SEC on docs related to Sam Bankman-Fried’s arrest
The chair of a U.S. House oversight subcommittee said all of the documents the SEC had provided on Sam Bankman-Fried's charges and arrest had been publicly available at the time.
Valkyrie joins rush with BTC spot ETF application to go with its futures, miners ETFs
The cryptocurrency fund manager is at least the fourth to seek a BTC spot ETF listing in the last week; Fidelity is rumored to be preparing to apply, too.
Binance, Binance.US and CZ allege SEC made ‘misleading’ statements on exchange assets
The legal motion referred to the SEC publicly claiming CZ and Binance could “commingle customer assets or divert customer assets,” despite a court transcript suggesting otherwise.
Fed sees stablecoin as form of money, wants ‘robust’ role in its oversight, Powell says
The Federal Reserve chair gave his opinion on draft crypto legislation at the House Financial Services Committee’s semi-annual Fed policy hearing.
Era of trading crypto as non-securities is over, says exchange ex
SEC-regulated firm INX only lists five cryptocurrencies on its platform, considering them as non-securities.
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