April 28th, 2025
SEC Crypto News - Page 44
Gary Gensler Is Believed to Be Politician Masquerading as Regulator
By Steve Muchoki
November 30th, 2023
As a Democratic-affiliated SEC Commissioner, Gary Gensler has shifted his regulatory role to a politician seeking to be appointed as Treasury Secretary according to some Congressmen.
CZ Binance Hires Former US Prosecutor Matthew Diggs
By Chimamanda U. Martha
November 30th, 2023
Despite the ongoing legal battle with CZ Binance and the US government, market experts believe the company will continue to maintain its position as the biggest crypto exchange in the world.
Brazil Approves Proposed 15% Income Tax on Crypto Earnings Held on Foreign Exchanges
By Chimamanda U. Martha
November 30th, 2023
The move to regulate and tax cryptocurrencies held on foreign exchanges comes as digital assets are gaining popularity in Brazil.
Anonymous Buyer Splashes $424M on Bitcoin (BTC) Purchase
By Mayowa Adebajo
November 30th, 2023
The demand for BTC is expected to skyrocket once a spot exchange-traded fund ETF is approved by the US SEC.
Ripple vs SEC Saga: Possible Settlement Is on Horizon with SEC Meeting Planned for Today
By Godfrey Benjamin
November 30th, 2023
The anticipation surrounding a possible settlement revolves around the expectation that once a deal is inked, it will take away the gloom that still clouds Ripple Labs’ operations and finally set the firm and XRP on a path to truly thrive.
Swiss Asset Manager Pando Asset Files for Bitcoin Spot ETF with SEC
By Chimamanda U. Martha
November 30th, 2023
Pando has named the Bank of New York Mellon as the official administrator of the ETF.
Grayscale to Make Changes to Accomodate Bitcoin ETF Approval
By Mayowa Adebajo
November 30th, 2023
Grayscale is hoping that the proposed changes to GBTC’s Trust Agreement would help both the company and GBTC to achieve operational efficiencies.
Forbes to Launch Under 30 List on Ethereum Blockchain to Permanently Record Data
By Tolu Ajiboye
November 29th, 2023
The Forbes Under 30 List, including all categories and individual profiles are available on the Ethereum blockchain for permanence.
Philippines Financial Regulator Cracks Down on Binance for Unauthorized Crypto Operations
By Temitope Olatunji
November 29th, 2023
Even though Binance acts as an approved broker in some places overseas, it still has to meet many legal requirements to handle securities activities in the Philippines under the country’s Securities Regulation Code.
Franklin Templeton Refiles Its Updated Bitcoin ETF Application
By Bhushan Akolkar
November 29th, 2023
The revised proposal allows the ETF to utilize both in-kind and cash mechanisms. The ETF plans to store Bitcoin in cold storage, with custody services provided by Coinbase Custody Trust.
SEC Stalls Decision on Franklin and Hashdex Bitcoin ETFs as Analysts Predict Wave of Approvals in January 2024
By Mayowa Adebajo
November 29th, 2023
The update from the SEC appears to suggest that it plans to approve all Bitcoin exchange-traded funds (ETFs) at once.
SEC Intensifies Hunt for Evidence in Binance.US Fraud Probe
By Godfrey Benjamin
November 28th, 2023
According to the US Commodity Futures Trading Commission (CFTC), allegations of money laundering against Binance may be just the tip of the iceberg.
Seattle Judge Orders Binance Ex-CEO to Stay within US Jurisdiction Pending His February Sentencing
By Steve Muchoki
November 28th, 2023
With the United States lacking an extradition treaty with the UAE, Seattle Judge Richard Jones ordered that CZ must remain with the country for the time being before he determines where the crypto billionaire is a flight risk.
Chinese Fashion Giant Shein Files for US IPO to Expand Its Global Presence
By Chimamanda U. Martha
November 28th, 2023
Shein has hired three US-based financial companies – Goldman Sachs, JPMorgan Chase, and Morgan Stanley – as underwriters for the upcoming IPO.
Coinbase (COIN) Stock Soars to 18-Month High as Investors’ Crypto Interest Grows despite Binance Legal Issues
By Temitope Olatunji
November 28th, 2023
COIN is presently trading at $119 after closing at $115 on November 27, which is the highest close since May 2022. The price now has minimal resistance ahead as it is moving toward $130, the May 2022 high.