SEC – Page 171 – Miami Crypto Coin

CFTC and SEC cases against SBF deferred until after criminal trial

Post author:MiamiCrypto
Post published:February 14, 2023
Post category:cftc DOJ ftx Sam Bankman-Fried SBF SEC

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

Post author:MiamiCrypto
Post published:February 14, 2023
Post category:Binance Changpeng “CZ” Zhao New York paxos SEC securities regulator Stablecoin wells notice

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

Post author:MiamiCrypto
Post published:February 13, 2023
Post category:Dubai INTERPOL Kraken SEC South Korea staking

Even the SEC Commissioner has publicly rebuked her agency over the shutdown of Kraken’s crypto staking program.

Binance to support BUSD while exploring non-USD stablecoins, CZ says

Post author:MiamiCrypto
Post published:February 13, 2023
Post category:Binance BUSD paxos SEC

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…

Coinbase Argues Its Staking Services Are Not Securities, Criticizes SEC Regulatory Approach

Post author:MiamiCrypto
Post published:February 13, 2023
Post category:cnbc Coinbase Gary Gensler JPMorgan Kraken News Paul Grewal SEC Securities staking services

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

Post author:MiamiCrypto
Post published:February 13, 2023
Post category:close Crypto earn enforcement nasaa Nexo Product SEC Settlement shut down

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

Post author:MiamiCrypto
Post published:February 13, 2023
Post category:Binance USD BUSD Lawsuit paxos SEC Securities and Exchange Commission

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

Post author:MiamiCrypto
Post published:February 12, 2023
Post category:Brian Armstrong Coinbase Kraken SEC staking

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

Post author:MiamiCrypto
Post published:February 10, 2023
Post category:Kraken SEC Securities and Exchange Commission

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

Post author:MiamiCrypto
Post published:February 10, 2023
Post category:Kraken Regulation SEC staking United States

“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.