South Korea to examine crypto staking services following the Kraken case
No details on the timeline and methods of the examination were provided, but reportedly it would be conducted moderately as no wrongdoings have been registered in the country.
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Breaking: Circle squashes rumors of planned SEC enforcement action
Rumors swirled on Twitter that the stablecoin issuer received a litigation notice from the U.S. securities regulator but a Circle executive rebuffed the claim.
Binance CEO: crypto industry will probably move to non-dollar stablecoins
The Binance CEO claimed that algorithmic USD stablecoins may become more popular as well, although they “have risks.”
Ethereum’s $1.5K support weakens as ETH traders turn slightly bearish
ETH derivatives data shows bulls becoming less inclined to defend the current price level, creating an opportunity for more downside.
US lawmakers and experts debate SEC’s role in crypto regulation
Senator Tim Scott questioned whether the SEC had been "asleep at the wheel" amid major bankruptcies in the crypto space causing the loss of millions in user funds.
Expect the SEC to use its Kraken playbook against staking protocols
Some observers have suggested the SEC’s action against Kraken will push users toward DeFi protocols. The reality is that the SEC is coming for those as well.
Why the SEC wants to ban crypto staking and stablecoins under scrutiny — Watch The Market Report live
On this week’s episode of The Market Report, Cointelegraph’s resident experts discuss the details of the SEC’s ban on crypto staking and whether stablecoins are securities.
CFTC and SEC cases against SBF deferred until after criminal trial
Damian Williams, U.S. Attorney for the Southern District of New York pushed to defer the civil cases due to a major overlap between the CFTC, SEC and DOJ’s cases.
Paxos ‘categorically disagrees’ with the SEC that BUSD is a security
Paxos said it will engage with the US securities regulator on the matter and is prepared to "vigorously litigate if necessary."
Regulation comes for crypto staking: Law Decoded, Feb. 6–13
Even the SEC Commissioner has publicly rebuked her agency over the shutdown of Kraken’s crypto staking program.
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