Binance to support BUSD while exploring non-USD stablecoins, CZ says
Binance CEO Changpeng ‘CZ’ Zhao says the exchange will continue to support BUSD despite issuer Paxos being ordered to stop minting the stablecoin by the U.S. SEC and New York…
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Coinbase Argues Its Staking Services Are Not Securities, Criticizes SEC Regulatory Approach
Coinbase, one of the biggest cryptocurrency exchanges in the U.S., has stated that the staking services offered on its platform do not constitute securities. The statements, made in the wake…
Nexo shutters US Earn product a month after settling with regulators
The shutdown of Nexo’s earn product follows from a multi-million dollar settlement the firm paid last month with U.S. regulators.
Breaking: Paxos to face SEC lawsuit over Binance USD — Report
According to people familiar with the matter, the notice relates to Binance USD, which is being seen by the SEC as an unregistered security.
Coinbase will ‘happily defend’ staking in U.S. courts, says CEO
Coinbase executives claim that staking is not a security under the US Securities Act or Howey test.
Staking ban is another nail in crypto’s coffin — that’s a good thing
The SEC’s move to ban staking is going to encourage more people to move toward decentralized options beyond the agency’s reach.
SEC chair issues warning to crypto firms after action on Kraken staking
“Don’t have your hand in the customer’s pocket, using their funds for your own platform," Gary Gensler said to companies that needed to register with the SEC.
Despite SEC Troubles, Kraken’s Trading Volume Climbs Double Digits
Kraken’s generated trading volume for the past 24 hours increased by almost 15%. The surge contrasts with the company’s issues prompted by the recent SEC investigation and the consecutive termination…
Bitcoin price taps 3-week lows as SEC fears liquidate $250M of crypto longs
Panic over regulatory enforcement sees Bitcoin and altcoins give up recent gains, costing long traders over a quarter of a billion dollars in a single day.
Ethereum price risks 20% correction amid SEC’s crackdown on crypto staking
Ethereum may experience a drop in user activity alongside ETH price, with crypto staking in the crosshairs of the SEC.
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