April 28th, 2025
SEC Crypto News - Page 33
Coinbase Estimates Blockchain Could Have Saved Americans $74B in Credit Card Fees
By Chimamanda U. Martha
February 8th, 2024
The exchange thinks that the current financial system in the US is expensive for an average American.
Crypto Firm Bakkt Reportedly Runs Low on Cash
By Mayowa Adebajo
February 8th, 2024
According to Bakkt, all hope is not lost though. The firm has put forward a new plan that it believes will set it right back on the path to success.
ARK Invest and 21Shares Amend Spot ETH ETF Application to Include Cash Creation Policy and Staking
By Tolu Ajiboye
February 8th, 2024
The ETH ETF amendment from ARK shows that there is a provision for cash creation and redemption, in addition to the possibility of staking.
ETH Price Close to $2,400, Ethereum’s Dencun Upgrade Live on Holesky Testnet with Mainnet Implementation Expected in March
By Tolu Ajiboye
February 7th, 2024
After launching on the Goerli and Sepolia testnets, the Ethereum Dencun upgrade is now live on Holesky in anticipation of a mainnent launch.
South Korea to Punish Violations of Crypto Law with Millions in Fines and Potential Life Imprisonment
By Tolu Ajiboye
February 7th, 2024
Violators of crypto law in South Korea now risk receiving fines up to five times the amount of illegal funds, or life imprisonment.
SEC Delays Spot Ethereum ETFs Decision for Invesco and Galaxy
By Godfrey Benjamin
February 7th, 2024
Despite the delays, there’s optimism in the financial sector regarding Ethereum’s potential price rise.
SEC’s New Rules Extend Oversight to Crypto and DeFi
By Godfrey Benjamin
February 7th, 2024
The adoption of these rules comes amidst a broader regulatory push aimed at bringing greater clarity and oversight to the cryptocurrency industry.
US Treasury Secretary Janet Yellen Raises Concerns over Cryptocurrency Risks, Urges Legislative Action
By Chimamanda U. Martha
February 6th, 2024
In addition to highlighting the risks associated with cryptocurrencies, Yellen is also expected to address a measure to repeal a staff bulletin issued by the SEC.
Bitcoin ETF Issuers Launch Google Marketing Campaigns Following Rule Changes on Acceptable Ads
By Tolu Ajiboye
February 5th, 2024
BlackRock, Grayscale, Invesco, and several others now have Bitcoin ETF ads running on Google after rule changes took effect last week.
South Korean Regulators to Consult SEC on Bitcoin ETFs
By Tokoni Uti
February 5th, 2024
The meeting with the SEC is now another step in South Korea’s journey of developing its local crypto economy.
SEC Chair Gary Gensler May Resign If Trump Win 2024 US Election
By Chimamanda U. Martha
February 5th, 2024
MetaLawMan predicted the SEC chair, whose term extends until 2026, may likely oppose the tradition if Trump eventually wins the election and becomes the new US President.
FTX Reorganization Plan Was Futile ‘Highway Robbery of Highway Robbers’, Former SEC Official Says
By Tolu Ajiboye
February 5th, 2024
According to Stark, the FTX reorganization cost a little too much for something that was never going to be possible.
Bankrupt Crypto Lender Genesis Global Seeks Approval to Sell $1.6B of Trust Assets
By Steve Muchoki
February 5th, 2024
The motion to liquidate Genesis assets at Grayscale Investment has been supported by Gemini that is seeking to repay the affected Earn Program customers.
Bankrupt Crypto Lender Genesis Global Settles SEC Lawsuit in $21M
By Bhushan Akolkar
February 2nd, 2024
The Settlement Agreement is the product of extensive negotiations between the SEC and Genesis Global. Also, the penalty payment will happen if Genesis completely repays its customers and creditors.
El Salvador to Maintain Support for Bitcoin Post-Election
By Mercy Tukiya Mutanya
February 1st, 2024
The vice president added that if reelected, Bukele’s government will proceed with plans to launch Bitcoin-backed bonds this quarter.