May 1st, 2025
SEC Crypto News - Page 97
US FDIC in Process of Analyzing Deposit Insurance for Stablecoins
By Juhi Mirza
October 7th, 2021
FDIC is also assessing what direct deposit insurance would look like for banks who that to issue stablecoins in near future.
Coinbase (COIN) Stock Jumps 4% as Bitcoin Reaches $55,000
By Ibukun Ogundare
October 7th, 2021
Bitcoin recorded a nearly five-month high above $55,000 on the 6th of October as it is continuing to gather gains from the previous day.
Bitcoin Price Pump: Why BTC Rises to $55,000, Its Highest in 5 Months
By Babafemi Adebajo
October 7th, 2021
With Bitcoin holding up despite the turmoil, many began to see it as a haven for their resources for the time being.
George Soros’ Family Office Confirms Crypto Investment but Cashing Out of Stocks
By Bhushan Akolkar
October 6th, 2021
The Soros Fund Management has sought exposure to digital assets as per the recent admission of the CIO. The fund has started cashing out of stocks and said it will not be investing in China for now.
US Bank Floats Bitcoin Custody Services to Meet Clients Demands
By Godfrey Benjamin
October 5th, 2021
The US Bank Bitcoin custody service is going to be available to investment asset managers operating from either the United States or the Cayman Islands.
Circle Being Investigated by SEC
By Oluwapelumi Adejumo
October 5th, 2021
While the reason for the investigation remains blurry, it might be tied to its announcement of going public.
Bitcoin ETF Coming in US in Three Weeks with 75% Probability
By Bhushan Akolkar
October 4th, 2021
Bloomberg’s senior ETF strategist notes that there are high chances of Bitcoin ETF approval in the US this month. It looks like this could be a major trigger to the next bull run.
SEC Chairman Gary Gensler Reiterates Support for Bitcoin Futures ETF
By Tolu Ajiboye
September 30th, 2021
The SEC boss has doubled down on support for a Bitcoin futures ETF despite not yet approving multiple applications that had been already submitted.
Tesla CEO Elon Musk Wants Governments to Steer Clear of Regulating Crypto
By Godfrey Benjamin
September 29th, 2021
Elon Musk doubled down on the potentials of digital assets in helping to correct the “error and latency” in the traditional financial systems as we have it today, he believes cryptocurrencies alone do not guarantee a road to paradise.
Coinbase: Crypto Fund Market to Grow, SEC-Approved ETF to Hit Market Soon
By Kofi Ansah
September 29th, 2021
The report attributed a large part of growth to the launch of VC and crypto hedge funds between 2017 and 2018 which subsequently saw the total AUM of crypto funds nearly double year-over-year from 2019 to 2020.
Coinbase to Allow Users to Deposit Their Paychecks Directly
By Mercy Tukiya Mutanya
September 28th, 2021
Coinbase is also expanding the app’s capabilities by adding four new tabs to its mobile version. The new tabs are “Assets”, “Trade”, “Pay” and “For You”.
Bitcoin Price Up Over 4%, Fed Retains Interest Rate Between 0% and 0.25%
By Steve Muchoki
September 23rd, 2021
Bitcoin price is still trapped in a recent dip that saw the asset shed over 11% in the past 30 days.
Coinbase to Assist SEC with Proposals in Formulating Crypto Regulation
By Godfrey Benjamin
September 22nd, 2021
The Coinbase crypto regulation proposal will form a new attempt by the company to pioneer an innovative approach towards standardization in the digital currency ecosystem.
China Evergrande Unit to Pay Interest on Onshore Bonds Even as Its Debt Crises Continues
By Tolu Ajiboye
September 22nd, 2021
The China Evergrande debt situation further develops as the embattled firm faces key upcoming bond interest payments scheduled for tomorrow.
Blockchain Startup Metrika Raises $14M in Series A Funding from Coinbase Ventures and Others
By Juhi Mirza
September 22nd, 2021
Metrika, an operational monitoring tool company for blockchain networks, has decided to use this funding to help strengthen its platform and expand its existing blockchain intelligence technology.