Category: SEC
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eToro’s Crypto Service Faces Major Cutback Following SEC Settlement—Details
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eToro, a prominent online trading platform, has reached a settlement with the U.S. Securities and Exchange Commission (SEC) and agreed to stop trading nearly all crypto assets for U.S. customers, according to the latest Launches From the Securities and Exchange Commission. The SEC has accused eToro of operating as an…
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eToro’s Crypto Service Faces Major Cutback Following SEC Settlement—Details
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eToro, a prominent online trading platform, has reached a settlement with the U.S. Securities and Exchange Commission (SEC) and agreed to stop trading nearly all crypto assets for U.S. customers, according to the latest Launches From the Securities and Exchange Commission. The SEC has accused eToro of operating as an…
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SEC Fines Hit $4.68 Billion In Aggressive Regulatory Push
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The US Securities and Exchange Commission is making headlines after a report revealed that it has carried out an unprecedented crackdown on the cryptocurrency industry: Fines it imposed on cryptocurrency companies jumped to a record $4.68 billion in 2024, up 3,018% from the previous year. Much of the rise comes…
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Ripple Seeks To Pause Fines As Legal Battle With The US SEC Continues
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In a major turn of events, the payment giant has requested a halt to financial sanctions. Ripple Labs As its long legal dispute with the U.S. Securities and Exchange Commission (SEC) continues. Ripple Takes Bold Step With Residency Application On Wednesday, the Ripple team at letter Apply to stop the…
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SEC probes OpenSea, but NFT artists are likely not the target
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Disclosure: The opinions and ideas expressed here belong solely to the author and do not represent the opinions and views of the crypto.news editorial board. Coinbase, Uniswap, Robinhood, Kraken, and Consensys are the names the digital asset industry is used to seeing take a terrifying hit. Wales Notices From the…
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Crypto Firm Galois Capital Faces $200K Fine From US SEC For ‘Investor Violations’
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Ronaldo is an experienced crypto enthusiast who is dedicated to this emerging and ever-evolving industry. With over five years of intensive research and tireless dedication, he has developed a deep interest in the world of cryptocurrencies. Ronaldo’s journey began out of curiosity, which soon turned into a deep passion to…
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SEC criticized for dubious stablecoin stance in FTX bankruptcy
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The SEC is facing criticism for its recent bankruptcy filing for FTX, echoing its controversial approach in the Voyager case. Recently Submit filesThe US Securities and Exchange Commission has warned FTX that it may oppose plans to repay creditors using stablecoins or other digital assets, citing potential legal concerns. This…
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OpenSea Faces SEC Wells Notice Over NFT Classification As ‘Securities’
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On Wednesday, OpenSea, the largest marketplace for non-fungible tokens (NFTs), received a Wells notice from the U.S. Securities and Exchange Commission (SEC), indicating the regulator’s intent to take potential legal action, asserting that NFTs traded on the platform could be classified as securities. CEO Devin Finzer Responds to SEC Notice…
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SEC Cracks Down On Brothers Behind $60 Million Crypto Ponzi Scheme
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The U.S. Securities and Exchange Commission today charged brothers Jonathan and Tanner Adam with running a company $60 Million Ponzi Scheme Under the guise of an investment opportunity in cryptocurrencies. This case, which dates back to August 27, 2024, shows that challenges still exist for investors in the fast-paced and…
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SEC Cracks Down On Brothers Behind $60 Million Crypto Ponzi Scheme
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The U.S. Securities and Exchange Commission today charged brothers Jonathan and Tanner Adam with running a company $60 Million Ponzi Scheme Under the guise of an investment opportunity in cryptocurrencies. This case, which dates back to August 27, 2024, shows that challenges still exist for investors in the fast-paced and…
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Court Deals Double Blow To Kraken: SEC Lawsuit Moves Forward
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In a major legal setback for one of the largest cryptocurrency exchanges, a California judge has ruled to revoke its license. to rule Cryptocurrency platform Kraken is set to face a lawsuit filed by the US Securities and Exchange Commission (SEC). Kraken faces uphill legal battle The SEC alleges that…
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Citi added new section on reorganization in quarterly report following US SEC query By Reuters
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(Reuters) – Citigroup Inc added a new section on its multi-year reorganization to its quarterly report to the U.S. Securities and Exchange Commission in August following inquiries from the markets regulator. In its letter to Citi, sent in June and unsealed on Wednesday, the SEC asked the bank to review…
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SEC Approves the First Leveraged MicroStrategy ETF
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The Securities and Exchange Commission has approved the launch of MSTX, the first single-share leveraged exchange-traded fund targeting MicroStrategy. The fund aims to generate 175% of the daily return of MicroStrategy shares. BREAKING: ?? SEC approves first long-term leveraged MicroStrategy ETF. pic.twitter.com/9NYrLh81sD — Bitcoin Magazine (@BitcoinMagazine) August 15, 2024 MSTX…
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State of Wisconsin Investment Board Increased BlackRock Bitcoin ETF Holdings: SEC Filing
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The Wisconsin Investment Board (SWIB) has increased its investment in BlackRock’s iShares Bitcoin Trust (IBIT), according to a new filing with the U.S. Securities and Exchange Commission (SEC). Submit files Today, as first reported on X by MacroScope. In a filing with the Securities and Exchange Commission today, the Wisconsin…
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State of Wisconsin Investment Board Increased BlackRock Bitcoin ETF Holdings: SEC Filing
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The Wisconsin Investment Board (SWIB) has increased its investment in BlackRock’s iShares Bitcoin Trust (IBIT), according to a new filing with the U.S. Securities and Exchange Commission (SEC). Submit files Today, as first reported on X by MacroScope. In a filing with the Securities and Exchange Commission today, the Wisconsin…
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SEC Postpones Approval Of Hashdex Mixed Bitcoin And Ethereum ETF
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The U.S. Securities and Exchange Commission (SEC) has announced that it has postponed its decision to approve Brazilian asset manager Hashdex’s dual cryptocurrency exchange-traded fund. The development comes in light of a critical deadline in the approval process for the proposed investment fund. SEC Calls for Time to Review Hashdex…
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SEC Update: Robinhood CEO Discloses Firm’s Reaction To Wells Notice
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Cryptocurrency trading platform Robinhood is still in talks with the US Securities and Exchange Commission (SEC), after A warning letter has been issued. By the Financial Regulatory Authority in May. in interview Amazon CEO Vlad Tenev revealed in an interview with Bloomberg TV that the company has filed a response…
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Brazilian SEC greenlights first Solana ETF; launch hinges on stock exchange approval
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Brazil’s Securities and Exchange Commission has approved the country’s first exchange-traded fund. According to the Brazilian News Agency ExamThe Solana (SOL) ETF will be created by QR Asset and managed by Vortx. Additionally, CF Benchmark’s Solana Dollar Reference Rate Index will serve as a benchmark for the Solana ETF. ??…