June 19th, 2025
SEC Crypto News - Page 34
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.
Terraform Bankruptcy Protection to Help Appeal SEC Lawsuit, Chris Amani Says
By Godfrey Benjamin
January 31st, 2024
Terraform Labs believes that a self-funded Chapter 11 filing is the optimal path forward, providing the necessary breathing room to pursue the appeal, continue its software development business, and sustain LUNA’s value for stakeholders.
Standard Chartered Believes ETH Will Hit $4,000 Following SEC Approval of ETF by May 23
By Tolu Ajiboye
January 31st, 2024
According to Standard Chartered, an ETH ETF approval will come from the SEC in May, and could possibly pump ETH price to $4,000.
Invesco, Galaxy Cut Fees on Spot Bitcoin ETF in Bid to Attract Investors
By Mercy Tukiya Mutanya
January 30th, 2024
This fee war started before spot Bitcoin ETFs were approved, with issuers lowering their costs even then.
SEC Slams HyperVerse Founders for Crypto Fraud and Raising $2B in Ponzi Scheme
By Bhushan Akolkar
January 30th, 2024
As per the SEC, Chunga individually accumulated approximately $3.7 million from investors’ funds, spending it on personal luxuries like a BMW, designer clothing, and a $1.2 million residence in Maryland.
Binance Officially Allows Large Customers to Keep Assets with Independent Custodians
By Tolu Ajiboye
January 30th, 2024
Eligible Binance customers can now use independent custodians to keep their assets instead of holding them on the Binance exchange.
NEURALINK-inspired Token Skyrockets 3400% amid Elon Musk’s Human Brain Chip Milestone
By Chimamanda U. Martha
January 30th, 2024
NEURALINK joins the ranks of crypto tokens experiencing substantial gains following pivotal announcements.