April 25th, 2025
SEC Crypto News - Page 45
Standard Chartered Bank Maintains Bullish Stance, Predicts Bitcoin Could Reach $120K by 2024
By Chimamanda U. Martha
November 27th, 2023
Bitcoin has seen a positive trend over the past few weeks after dropping to a new all-time low last year due to the crypto winter that wiped billions of dollars from the industry.
Binance Legal Issues Could Worsen as CFTC Gets More Aggressive, Gains Access to Crypto Exchange’s Records
By Temitope Olatunji
November 24th, 2023
The commission now has access to all of the exchange’s records, which could serve as a catalyst for uncovering additional instances of mishandled funds or suspected fraudulent activities.
Court Issues Verdict on Do Kwon’s Extradition
By Mayowa Adebajo
November 24th, 2023
Do Kwon faces multiple fraud-related and civil allegations from US federal prosecutors.
Grayscales Files Updated Spot Bitcoin ETF Application with US SEC after Binance’s Forced Exit
By Steve Muchoki
November 23rd, 2023
Grayscale officials had previously met with the US SEC representatives to the division of trading and markets to discuss the proposed rule to list and trade GBTC under NYSE Arca.
Bitcoin Price Nears $38K as US vs Binance Battle Sparks Bullish Outlook
By Steve Muchoki
November 23rd, 2023
Market experts are convinced the settlement between Binance and the US government is a bullish event for Bitcoin and the altcoin industry with spot ETFs anticipated anytime soon.
BlackRock Meets SEC over Spot Bitcoin ETF and Redemption Requirements
By Bhushan Akolkar
November 23rd, 2023
In the filing BlackRock proposed In-kind redemptions could also offer tax efficiency, avoiding the need to sell securities for redemptions, which might trigger capital gains taxes.
Crypto Exchange Coinbase Presses for Crypto Regulation amidst SEC Delay
By Chimamanda U. Martha
November 23rd, 2023
In the new letter filed at the US Court of Appeals for the Third Circuit, Coinbase’s legal team believes that only the court can order the SEC to do its bidding to provide a clear regulatory framework for the crypto space instead of choosing to control the industry by enforcement.
SEC’s Upcoming Closed-Door Meeting Fuels Speculation of Potential Settlement with Ripple
By Chimamanda U. Martha
November 22nd, 2023
Despite the legal victories of Ripple, the court recently issued an order concerning the remedies phase of the lawsuit.
Grayscale Holds Fresh Talks with US SEC Over Bitcoin ETF Approval
By Bhushan Akolkar
November 22nd, 2023
Grayscale is poised to enter the ETF market on the first day with $20 billion in assets under management, even with the involvement of BlackRock.
From Binance CEO to Mentor: CZ’s Post-Exit Plans in Crypto
By Chimamanda U. Martha
November 22nd, 2023
As part of the agreement, CZ was slated to remain in detention for 18 months. However, the former head of Binance was released in less than 24 hours.
Coinbase CEO Boast Exchange’s Regulatory Compliance Efforts as Binance Chief Steps Down
By Tolu Ajiboye
November 22nd, 2023
Armstrong touted Coinbase’s efforts at remaining in line with US compliance, while calling for regulatory clarity in the sector.
Crypto Market Sees Uptick on Prospects of Binance’s Resolution with DoJ
By Godfrey Benjamin
November 21st, 2023
The potential resolution of the US criminal investigation into Binance marks a critical juncture for the crypto industry. If Binance agrees to the proposed fine, it would represent one of the largest settlements in the history of the crypto market.
ARK Investment Amends ARK 21Shares Spot Bitcoin ETF Proposal for Third Time
By Tolu Ajiboye
November 21st, 2023
The third amendment is another attempt for ARK Invest to ensure that the proposal for the ARK 21Shares spot Bitcoin ETF will pass the SEC’s screening.
Celsius Faces Heat from SEC in Its Bankruptcy Revival Plan
By Bhushan Akolkar
November 21st, 2023
Celsius Network has received court approval to transform itself into a Bitcoin mining company, owned by its creditors, as part of a comprehensive strategy to repay account holders whose funds have been inaccessible for over a year.
SEC Charges Kraken Again for Unregistered Securities Trading and Commingling User Funds
By Tolu Ajiboye
November 21st, 2023
The SEC has brought legal action against Kraken, this time accusing the exchange of mixing user funds, while unlawfully offering securities services.