April 30th, 2025
SEC Crypto News - Page 68
Spotify Cuts Headcount by 2%, Offers Severance Package to 200 Staffs
By Godfrey Benjamin
June 5th, 2023
In addition to the series of layoffs, Spotify was forced to cancel 11 original podcasts from its in-house studios including ‘How to Save a Planet’, ‘Crime Show’, and ‘Medical Murders’.
UBS to Complete Acquisition of Credit Suisse by Mid-Month
By Godfrey Benjamin
June 5th, 2023
As part of a government-backed rescue plan earlier this year as well as a bid to prevent any financial market instability, UBS acquired Credit Suisse in a $3.2 billion deal.
Former SEC Chief Warns Crypto Influencers against Price Manipulations
By staff writer
May 31st, 2023
The former SEC chief hinted that influencers adopt various strategies to deceive and mislead their followers into making uncalculated investment decisions.
Former Coinbase Manager and His Brother Convicted for Crypto Insider Trading
By Steve Muchoki
May 31st, 2023
The SEC noted that Wahi and Nikhil purchased at least 25 crypto assets from Coinbase before listings, out of which nine were securities.
Robert F. Kennedy Jr. Criticizes SEC’s Enforcement Action against Crypto
By staff writer
May 30th, 2023
US presidential candidate Robert F. Kennedy Jr. shared his disapproval of SEC’s enforcement action against the crypto industry and plans to include crypto-friendly members on the board when elected president.
Gemini and Genesis File Motion to Dismiss SEC’s Lawsuit against Earn Program
By Godfrey Benjamin
May 29th, 2023
The outcome of the SEC’s lawsuit against Gemini and Genesis is expected to have significant implications for the crypto industry and its evolving regulatory landscape.
Gemini to Set Up Its Base in Europe, Headquarters to Be Opened in Dublin
By staff writer
May 26th, 2023
Gemini also plans to expand its workforce after the EU adopted the new Markets in Crypto-Assets Regulations (MiCA), which were formally approved on May 16.
OpenAI Closes $175 Million Startup Investment Fund
By Mayowa Adebajo
May 25th, 2023
Reputed for being a frontrunner when it comes to AI research and technology, OpenAI has been invested in helping AI-focused startups.
Ripple Strengthens Its European Presence with Acquisition of Pantera’s State at Bitstamp Crypto Exchange in Q1
By Steve Muchoki
May 25th, 2023
XRP price gained more than 34% YTD to trade around $0.45 as Ripple widens its portfolio in Europe.
Former CFTC Commissioner: Ethereum Has Dual Regulatory Potential as Commodity and Security
By staff writer
May 24th, 2023
Dan Berkowitz, a former commissioner of the CFTC and former general counsel at the SEC, hinted that it is possible to categorize Ethereum as both a commodity and a security.
Coinbase Unveils New Wallet as a Service on Ethereum
By staff writer
May 24th, 2023
WaaS (Wallet as a Service) reportedly employs cutting-edge multi-party computing (MPC) technology to safeguard the private keys of its users.
Coinbase Pushes for Crypto Regulatory Clarity in United States amid SEC’s Enforcement Action
By Steve Muchoki
May 24th, 2023
Coinbase shares dropped 3.23% to trade around $59.20 as Bitcoin slipped below $27k again.
Berenberg: MicroStrategy Shares Give Investors Better Crypto Exposure than Coinbase
By staff writer
May 23rd, 2023
The report says that macro drivers favor MicroStrategy shares in terms of the de-dollarization of the world economy.
Coinbase Launches TV Campaign in Washington DC to Educate Regulators Why America Needs Crypto
By Steve Muchoki
May 23rd, 2023
Coinbase shares edged 7.56 per cent higher on Monday to close the day trading at $61.07.
Filecoin Foundation Lashes Out at SEC for Classifying FIL as Security
By Bhushan Akolkar
May 19th, 2023
Grayscale also noted that it doesn’t believe that Filecoin is security and seeks to respond to the SEC staff with a legal basis for their position.