Securities and Exchange Commission

The U.S. Securities and Exchange Commission (SEC) charged Los Angeles-based media and entertainment firm, Impact Theory, LLC, with conducting an unauthorized offering of crypto asset securities via non-fungible tokens (NFTs). The company allegedly raised around $30 million from numerous investors,...

ARK Invest, led by Cathie Wood, in collaboration with 21Shares, has submitted applications for two futures exchange-traded fund (ETF) products centered on Ether (CRYPTO: ETH) and Bitcoin (CRYPTO: BTC). This move places them among a growing number of firms eager to introduce similar offerings....

JPMorgan Chase &. Co. (NYSE: JPM) analysts say the decline in long positions in the Chicago Mercantile Exchange's (CME) Bitcoin (CRYPTO: BTC) futures might be nearing its conclusion. The analysts focused on open interest, which denotes the total number of unsettled derivative contracts like...

Bitstamp, a leading cryptocurrency exchange, has announced the termination of its ether staking program for American clients starting next month. Bobby Zagotta, the U.S. CEO and global chief commercial officer of Bitstamp said, "Starting September 25, 2023, Bitstamp will no longer offer...

Thailand's Ministry of Digital Economy and Society (DES) has issued a stern warning to Meta Platforms Inc (NASDAQ: META), urging the social media company to address fraudulent cryptocurrency investment scams proliferating on its Facebook platform. Failure to comply could lead to Facebook...

In the dynamic world of digital assets, regulatory bodies are in a continuous race to keep up. With the recent decision by the National Futures Association (NFA) to approve Coinbase Global Inc (NASDAQ: COIN) as a Futures Commission Merchant (FCM), all eyes are now on the Securities and...

Cryptocurrency platforms in Australia are reportedly being used to launder nearly half of the proceeds from financial scams. That's according to the Australian Financial Crimes Exchange (AFCX), a non-profit organization that sourced data from the country's major banks. About 47% of the...

Billionaire David Rubenstein believes in the enduring nature of Bitcoin (CRYPTO: BTC), pointing to the "enormous interest" it garners across the globe. "There’s enormous interest around the world, and to be able to have something you can transfer without having the government...

Coinbase (NASDAQ: COIN) CEO Brian Armstrong has expressed his commitment to continue operations in the U.S., even if it loses its ongoing lawsuit against the Securities and Exchanges Commission. He also expressed his firm's determination to challenge the cease and desist orders...

Nigeria's Securities and Exchange Commission (SEC) has reiterated that the activities of Binance (CRYPTO: BNB), a leading cryptocurrency exchange, are illegal in the country. The regulator has issued a warning to the public about the risks associated with investing in crypto-assets and other...

Nasdaq Inc (NASDAQ: NDAQ) decided to abandon its plans to offer a cryptocurrency custody service due to business and regulatory challenges, according to CEO Adena Friedman. Friedman made the announcement during an earnings call on Wednesday, The Block reported. "This quarter, considering...

Crypto mining company Marathon Digital (NASDAQ: MARA) is facing legal action as its shareholders have accused CEO Fred Thiel and other senior executives of breaching fiduciary duties, unjust enrichment, and wasting corporate assets. A shareholder complaint against Thiel and nine other...

Coinbase Inc. (NASDAQ: COIN) CEO Brian Armstrong is scheduled to have a private meeting with House Democrats from the New Democrat Coalition on Wednesday to discuss digital-asset legislation. Other topics include tax, national security, privacy, and climate, Bloomberg reported. What Happened:...

In a landmark ruling, a U.S. judge has determined that Ripple's sales of the XRP token (CRYPTO: XRP) do not constitute an offer of investment contracts. The decision, which could have significant implications for the broader cryptocurrency industry, was based on an analysis of the economic...

The relationship between the cryptocurrency and banking industries seems to be under strain once again, following a Twitter poll initiated by Brian Armstrong, CEO of Coinbase Global Inc. (NASADAQ: COIN), questioning whether Bank of America Corp. (NYSE: BAC) is closing accounts linked...