April 30th, 2025
SEC Crypto News - Page 69
Filecoin Labeled as Security, SEC Asks Grayscale to Withdraw Filecoin Trust
By Godfrey Benjamin
May 18th, 2023
The SEC crackdown on crypto firms has intensified significantly since the bear market of last year incited by several collapses and bankruptcy filings of crypto exchanges.
Ripple CEO: More Crypto Firms to Leave US amid Confusing Rules
By Bhushan Akolkar
May 18th, 2023
Brad Garlinghouse said that many other jurisdictions have done a better job than the US in providing clarity to crypto players.
Ripple Acquires Swiss Crypto Custody Platform Metaco for $250M as Part of Push toward Tokenization
By Tolu Ajiboye
May 17th, 2023
US remittance system Ripple acquired Metaco to leverage the company’s resources and entrench itself in the emerging crypto custody market.
Ripple’s XRP Experiences 8% Price Pump Following Latest Court Twist
By Tolu Ajiboye
May 17th, 2023
Observers believe Wednesday’s XRP price pump indicates that Ripple has the upper hand in its ongoing litigation with the SEC.
Swiss Banking Giant UBS May Record $17B Loss from Credit Suisse Takeover
By Godfrey Benjamin
May 17th, 2023
According to the UBS post-acquisition plans, it is going to implement a phased integration of the Credit Suisse brand which may last a couple of years.
Coinbase to Expand to Singapore as US SEC Denies Answerability
By Sanaa Sharma
May 17th, 2023
The firm also conducted a survey recently to asses the constructive stance of policymakers towards crypto and Web3 in Singapore.
SEC Says Crypto Regulatory Clarity May Take Years and They’re in No Rush
By Mayowa Adebajo
May 16th, 2023
The regulator argues that it is under no obligation to meet the requirements outlined in Coinbase’s recent petition.
OTC Markets Secures FINRA Approval to Offer Digital Assets as Securities
By Bhushan Akolkar
May 16th, 2023
If the US SEC classifies cryptocurrencies as securities, OTC Markes will be well-positioned in providing liquidity to these assets in the future.
Elon Musk’s Second Attempt to Appeal 2018 Tweet Consent Decree Falls Through
By Ibukun Ogundare
May 16th, 2023
In addition, the SEC raised a fresh allegation against Musk for tweeting that Tesla would produce around 500,000 cars this year.
SEC Revises Punishment against LBRY, Reduces Fine by 95%
By Bhushan Akolkar
May 15th, 2023
Identifying the platform’s inability to pay a massive sum of $22 million as penalty in violations of the securities laws, the SEC has revised the penalty to $111,000.
US Regulatory Crackdown Pushing Crypto Firms to Bermuda
By Bhushan Akolkar
May 15th, 2023
With crypto giant Coinbase seeking a license to operate in Bermuda, the country’s crypto market is buzzing with activity of more US firms showing interest.
US-based Crypto Companies Threaten to Move Businesses Abroad due to Unfavorable SEC Regulation
By Tolu Ajiboye
May 15th, 2023
A growing number of US-based crypto companies are considering leaving the country due to increasingly harsh SEC crackdowns.
Coinbase Unveils Global Advisory Council to Help Navigate Local and International Regulatory Landscape
By Steve Muchoki
May 15th, 2023
The Coinbase Global Advisory Council will work together with top executives among other regulatory council members for the same common goal.
US House Committee on Financial Services Issues Ultimatum to SEC Chair Gensler
By Babafemi Adebajo
May 12th, 2023
The ultimatum highlights the growing pressure on the SEC to take a more transparent approach to its regulatory activities.
Bitcoin (BTC) Price Tanks Under $27,000 amid Rising US Regulatory Pressures
By Bhushan Akolkar
May 12th, 2023
Amid the US regulatory crackdown and the fall of the crypto-friendly banks recently, the lack of liquidity has become a major issue currently in the market.