Auto Added by WPeMatico

Email Shows Digital Currency Group and Gemini Explored Merger Before Genesis Bankruptcy

In an email found within the motion by Digital Currency Group (DCG) and Barry Silbert to dismiss the lawsuit initiated by the New York Attorney General, discussions of a potential…

Continue ReadingEmail Shows Digital Currency Group and Gemini Explored Merger Before Genesis Bankruptcy

SEC Chair Gensler Cautions About Crypto Investing — Warns ‘Thousands’ of Crypto Tokens May Be Securities

U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler has cautioned about crypto investing. “This is a highly speculative asset class. One could just look at the volatility of bitcoin…

Continue ReadingSEC Chair Gensler Cautions About Crypto Investing — Warns ‘Thousands’ of Crypto Tokens May Be Securities

US Judge Backs SEC: Trading of Certain Cryptocurrencies on Secondary Markets Are Securities Transactions

A U.S. district judge has sided with the Securities and Exchange Commission (SEC) in a ruling that declares the trading of certain crypto assets on secondary markets to be securities…

Continue ReadingUS Judge Backs SEC: Trading of Certain Cryptocurrencies on Secondary Markets Are Securities Transactions

SEC Charges Shapeshift With Regulatory Violations, Sparking Debate on Crypto Regulation

The U.S. Securities and Exchange Commission (SEC) has leveled charges against Shapeshift AG, accusing the company of operating without proper registration. This case has ignited a broader conversation on the…

Continue ReadingSEC Charges Shapeshift With Regulatory Violations, Sparking Debate on Crypto Regulation

Binance.US Hit by Layoffs and 75% Revenue Drop Amid SEC Lawsuit Aftermath: Report

According to Fortune, Binance.US is facing significant challenges, including forced layoffs and a decline in revenue, following legal actions initiated by the U.S. Securities and Exchange Commission (SEC). In newly…

Continue ReadingBinance.US Hit by Layoffs and 75% Revenue Drop Amid SEC Lawsuit Aftermath: Report

House Financial Services Committee Advances Bill to Repeal SEC Bulletin Preventing Banks From Offering Crypto Custody Services

The House Financial Services Committee of the U.S. Congress has advanced a resolution that seeks to disavow SEC SAB 121, a bulletin that leaves banks and financial institutions out of…

Continue ReadingHouse Financial Services Committee Advances Bill to Repeal SEC Bulletin Preventing Banks From Offering Crypto Custody Services