What Ripple’s Partial XRP Win Means for Other Crypto Firms Fighting SEC
Coinbase and Binance have a new precedent to cite in court – if the decision survives potential appeal. That’s no sure thing, lawyers said.
SEC
U.S. Senator Tuberville Asks DOJ, SEC to Investigate Crypto Broker Prometheum
U.S. Senator Thomas Tuberville (R-Ala.) wrote an open letter to Attorney General Merrick Garland and Securities and Exchange Commission (SEC) Chair Gary Gensler asking them to investigate Prometheum, a special-purpose broker that recently secured federal permissions to offer crypto trading services.
Coinbase Knew It May Have Been Violating the Law Prior to the SEC’s Lawsuit, Regulator Claims
Brian Armstrong Chief Executive Officer CEO & Co-Founder of Coinbase speaks at Consensus 2019 (CoinDesk)
BOND Token Slumps 10% as BarnBridge Faces SEC Investigation
“All work on BarnBridge-related products should stop,” an appointed legal counsel said in a Discord message viewed by CoinDesk.
SEC Approval of Spot Bitcoin ETF Is Unlikely to Be a Game Changer for Crypto Markets: JPMorgan
Such ETFs have existed for some time in Canada and Europe, but have failed to attract large investor interest, the report said.
Coinbase Loses Market Share in Ether Staking as Regulatory Pressure Mounts
The exchange’s share in ETH staking dropped to 9.7%, the lowest since May 2021, as the SEC sued Coinbase for offering unregistered securities this month.
SEC Sought Freeze Order Despite ‘No Evidence’ That Binance Was Moving U.S. Customer Funds
The SEC’s “pre-crime” litigation strategy seemed to annoy Judge Amy Jackson.
Cardano’s ADA Paints ‘Death Cross’ Amid Regulatory Uncertainty
Moving average crossovers are lagging Indicators. That said, the latest death cross is consistent with the dour regulatory outlook.
Binance, SEC Strike Deal to Move All U.S. Customer Funds, Wallet Keys Back Onshore
Binance, Binance.US and the Securities and Exchange Commission (SEC) announced a deal to ensure that only Binance.US employees could access customer funds late Friday.