SEC - page 2

News

Binance: After the Exodus, the Laundry

Changpeng Zhao, the now ex-CEO of Binance, pleaded guilty to breaking sanctions and money laundering. Binance is set to pay $4.3 billion to settle the criminal charges, one of the largest penalties ever obtained by the US from a corporate defendant. Will Binance, US and otherwise, survive the courthouse trashing of its reputation? Will other […]

Blockchain & Crypto

Fidelity Applies for Ethereum EFT

Fidelity applied to list and trade shares of the spot Ethereum Exchange-Traded Fund (ETF) on the Cboe BZX Exchange.

Blockchain & Crypto

SEC Wants to Dismiss Charges Against Ripple CEO and Co-Founder

The SEC previously accused Ripple co-founder Christian Larsen and Chief Executive Officer Bradley Garlinghouse of misleading investors on a $1B XRP sale.

Blockchain & Crypto

SEC Concerns About Coinbase’s Role in Celsius’ Bankruptcy Plan

The US Securities and Exchange Commission (SEC) has outlined its position on the alleged participation of Coinbase Global in the Celsius Network plan to exit bankruptcy.

News

SEC Uses AI for Financial Surveillance

During a Senate oversight hearing, Gary Gensler confirmed that the SEC was currently using artificial intelligence (AI) technologies for surveillance over the financial sector

Blockchain & Crypto

Ripple Plans to Block SEC from Appealing Recent Crypto Court Ruling

Ripple plans to thwart attempts by the U.S. Securities and Exchange Commission (SEC) to appeal the landmark decision of the crypto court.

Blockchain & Crypto

Court Favours Grayscale Over SEC in Spot Bitcoin ETF Case

Despite the legal victory of Grayscale, it’s too early for spot Bitcoin ETF proponents to cheer

News

SEC Accuses Wells Fargo of Overcharging Nearly 11,000 Investment Accounts With Advisory Fees

The Securities and Exchange Commission on Friday, August 25, reported that Wells Fargo has for many years used the practice of illegally overcharging almost 11,000 investment advisory accounts in the amount of about $27 million.

Blockchain & Crypto

SEC Delays Its Verdict on Spot Bitcoin ETF

The US securities regulator extended the decision deadline on a joint spot bitcoin ETF application from ARK/21Shares and sought public comment

News

CoinGecko Launches Crypto Index of Alleged Securities

The market cap of cryptocurrencies considered securities by the SEC has reached over $91.3 billion, according to CoinGecko

Blockchain & Crypto

HEX: Spotting a Crypto Scam

Humble beginnings fixing ACs in Florida, the world’s fastest Ferrari, the most expensive Rolexes, $27 million donated to charity, and a token better than Bitcoin. This is the supposed composition of Richard Heart — a force for good in every avenue of life. The altruistic exhibitionist has put out solutions to addiction issues, excessive military […]

Blockchain & Crypto

US House Republicans Revise Crypto Oversight Bill

In an attempt to address the pressing need for adequate regulations in the rapidly evolving world of cryptocurrency and digital assets, US House Republicans unveiled a revised Financial Innovation and Technology for the 21st Century Act. The bill, introduced by the House Committees on Agriculture and Financial Services, aims to establish a comprehensive regulatory framework […]

News

SEC Chair Says About Developing Rules for AI Use

The U.S. Securities and Exchange Commission (SEC) plans to use its current powers to carry out activities to regulate the use of artificial intelligence-based tools.

Blockchain & Crypto

Ripple Court Ruling Explained: Consequences & Market Impact

One small step for Ripple, one giant leap for the crypto industry – here is how Ripple’s partial win in SEC lawsuit will impact the company and its competitors

Blockchain & Crypto

Ripple CEO Says XRP Ruling Helps Company to Grow

Ripple CEO Brad Garlinghouse announced the positive consequences of the court’s decision, which concerns the token of this company.

Blockchain & Crypto

Trials of Binance: Are the Accusations True?

13 charges from the SEC piling on accusations of regulatory evasion by the CFTC. Denouncement, investigations, and severance of banking relationships with over 7 countries. Outflows in the billions (US dollars, fortunately). Binance is going through it. The onslaught of financial, regulatory, and social pressure exuded onto the crypto industry through execution in effigy of […]