April 29th, 2025
SEC Crypto News - Page 66
US Lawmakers Float New Bill to Sack SEC Chair Gary Gensler
By Mayowa Adebajo
June 13th, 2023
Davidson was joined by another crypto-friendly congressman Tom Emmer in creating the legislation.
Binance.US Suffers 78% Market Crash since US SEC Lawsuit
By Tolu Ajiboye
June 13th, 2023
Binance.US experienced a significant market crash following the lawsuit slammed on the company by the US SEC last week.
Gary Gensler’s War on Crypto Will Put Off Young Voters, Cameron Winklevoss Says
By Godfrey Benjamin
June 12th, 2023
While some Democrats have been criticized for their regulatory stance on cryptocurrencies, it is essential to recognize that not all members of the party hold an anti-crypto position.
Onchain Data Points to Billions in Outflows from Binance Following SEC Lawsuit, CEO CZ Responds
By Mercy Tukiya Mutanya
June 12th, 2023
Following reports of increased outflows after news of the lawsuit broke, Binance CEO CZ argued that there was potential for on-chain data to be misinterpreted.
Billionaire Investor Mark Cuban Slams SEC for Unclear Regulations
By Bhushan Akolkar
June 12th, 2023
Mark Cuban said that there’s no clarity or framework for crypto firms to register with the SEC in the US. He also called out the SEC for their differential treatment of the stock loans and the crypto loans.
Bitcoin Dominance Soars as Altcoins Correct Heavily, BTC Whales Accumulate
By Bhushan Akolkar
June 12th, 2023
The SEC lawsuits last week led to a heavy correction in the altcoins space as the SEC names several altcoins as securities. This, in turn, has helped the Bitcoin dominance to grow.
Binance.US Halts USD Deposits, Blames SEC’s ‘Witch-hunt’
By Mayowa Adebajo
June 9th, 2023
Ongoing regulatory pressure has created a difficult working terrain for the banking partners of Binance.US.
Binance Attorneys Say SEC Boss Offered to Be Advisor to Crypto Company in 2019
By Ibukun Ogundare
June 8th, 2023
At the time Gensler was offered to be an advisor to Binance, he was teaching at Massachusetts Institute of Technology’s Sloan School of Management.
Binance Chief Changpeng Zhao Summoned at Malta Address, Says Won’t Have to Appear
By Bhushan Akolkar
June 8th, 2023
The filing by the SEC cites Binance’s operations in Malta with CZ noting that he won’t have to appear in person.
Binance US Removes Selected Trading Pairs Amid SEC Allegations
By Ibukun Ogundare
June 8th, 2023
Binance is also pausing its OTC Trading Portal services in the US. The exchange said that it will notify users if and when the portal opens in the coming weeks and months.
Kim Kardashian EMAX Case Proceeds as California Judge Rejects Motion to Dismiss
By Tolu Ajiboye
June 7th, 2023
Judge Fitzgerald reject arguments from Kim Kardashian and Paul Pierce’s lawyers to dismiss the EMAX class-action lawsuit.
Robinhood Scrutinizing Tokens Designated as Securities by SEC
By Godfrey Benjamin
June 7th, 2023
Crypto market prices have tumbled significantly since the news began to make rounds.
South Korea Regulator Delays Binance Acquisition of Gopax Due to SEC Lawsuit
By Ibukun Ogundare
June 7th, 2023
While Binance saw the acquisition of Gopax as a means of re-entering South Korea, it was also meant to be a turning point for the local trading platform.
Binance.US Says SEC Lawsuit Is Unjustified
By Godfrey Benjamin
June 7th, 2023
Many crypto exchanges including Binance believe that the SEC’s requested relief will do more harm to investors than good.
Ark Invest Acquires Coinbase Shares despite SEC Allegations
By Ibukun Ogundare
June 7th, 2023
Per the latest allegations, Coinbase is operating as an unregistered national securities exchange and broker.