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Day: October 21, 2023

  1. Home
  2. 2023
  3. October
  4. 21
  5. Page 2
Coinbase’s Chief Legal Officer Confident in Approval of US Bitcoin ETF
  • bob
  • 2023-10-21
  • Cryptocurrency Exchanges
  • Investment Insights
  • North America
  • Regulatory Developments

Coinbase’s Chief Legal Officer Confident in Approval of US Bitcoin ETF

Coinbase’s Chief Legal Officer, Paul Grewal, is confident that a U.S. Bitcoin exchange-traded fund (ETF) will be approved soon after the Securities and Exchange Commission (SEC) suffered a legal setback. A judge ruled that the SEC had no valid reason to reject Grayscale’s request to convert its GBTC bitcoin fund into an ETF, and the […]

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Pro-XRP Lawyer Wishes SEC the Worst in Penalties Phase of Litigation
  • bob
  • 2023-10-21
  • Company News
  • Cryptocurrency Regulations
  • North America
  • Regulatory Developments

Pro-XRP Lawyer Wishes SEC the Worst in Penalties Phase of Litigation

In a series of posts on social media platform X, a pro-XRP lawyer expressed his disdain for the Securities and Exchange Commission (SEC) and wished them the worst in the ongoing litigation against Ripple. The lawyer hopes that the court will impose the smallest possible penalties on Ripple in the upcoming penalty phase of the […]

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Dormant Ethereum ICO Participant Transfers $3.2 Million Worth of ETH After 8 Years
  • bob
  • 2023-10-21
  • Cryptocurrency Innovations
  • Cryptocurrency Market Analysis
  • Market Updates
  • World

Dormant Ethereum ICO Participant Transfers $3.2 Million Worth of ETH After 8 Years

An Ethereum ICO participant, who had been dormant for over eight years, recently transferred their pre-mined stash of Ether tokens to different addresses. The address received 2,000 ETH during the ICO in 2014, and the tokens were purchased for $620 at a price of $0.31 per token. The value of these tokens has now grown […]

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Hong Kong Customs to Strengthen Regulations Against Crypto Money Laundering After JPEX Scandal
  • bob
  • 2023-10-21
  • Asia
  • Cryptocurrency Regulations
  • Financial Scams and Security
  • Regulatory Developments

Hong Kong Customs to Strengthen Regulations Against Crypto Money Laundering After JPEX Scandal

Hong Kong’s Customs and Excise Department is taking steps to address the money-laundering risks associated with cash-for-crypto shops in the wake of the JPEX scandal. These shops, which operate without licensing or regulatory oversight, have been promoting investment offerings from JPEX, a crypto exchange involved in a $192.7 million fraud. To fill the regulatory gaps […]

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Crypto Lobby Group Supports Binance.US in SEC Lawsuit, Citing Hostile Regulatory Environment
  • bob
  • 2023-10-21
  • Cryptocurrency Exchanges
  • Cryptocurrency Regulations
  • North America
  • Regulatory Developments

Crypto Lobby Group Supports Binance.US in SEC Lawsuit, Citing Hostile Regulatory Environment

Binance.US, a cryptocurrency exchange, has received support from the US Chamber of Digital Commerce in its ongoing legal battle against the US Securities and Exchange Commission (SEC). The lobbying group argues that the SEC’s claims are misplaced and that its actions are driving crypto businesses away from the US. The SEC has faced criticism for […]

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Chamber of Digital Commerce Joins Forces to Challenge SEC Lawsuit Against Binance
  • bob
  • 2023-10-21
  • Cryptocurrency Exchanges
  • Cryptocurrency Regulations
  • North America
  • Regulatory Developments

Chamber of Digital Commerce Joins Forces to Challenge SEC Lawsuit Against Binance

The Chamber of Digital Commerce has joined forces with other digital asset companies, legal entities, and lawmakers to challenge the U.S. Securities and Exchange Commission’s (SEC) lawsuit against Binance. The Chamber argues that the SEC is overstepping its authority by attempting to regulate the crypto industry without explicit direction from Congress. In support of Binance, […]

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Elon Musk and Mark Cuban Challenge SEC’s In-House Trials, Citing Unfairness and Violation of Rights
  • bob
  • 2023-10-21
  • Cryptocurrency Regulations
  • Market Analysis and Predictions
  • Mergers and Acquisitions (M&A)
  • North America
  • Regulatory Developments

Elon Musk and Mark Cuban Challenge SEC’s In-House Trials, Citing Unfairness and Violation of Rights

Elon Musk and Mark Cuban are teaming up to challenge the Securities and Exchange Commission’s (SEC) practice of conducting in-house trials without juries. They argue that these administrative proceedings often lead to unfair outcomes for SEC defendants and may violate the right to a jury trial guaranteed by the Seventh Amendment. The case at the […]

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US Chamber of Digital Commerce Challenges SEC’s Case Against Binance, Citing Regulatory Hostility
  • bob
  • 2023-10-21
  • Cryptocurrency Exchanges
  • Cryptocurrency Regulations
  • North America
  • Regulatory Developments

US Chamber of Digital Commerce Challenges SEC’s Case Against Binance, Citing Regulatory Hostility

The U.S. Chamber of Digital Commerce has filed a motion to dismiss the Securities and Exchange Commission’s (SEC) case against Binance, comparing it to suing a grocery store. The lobby group argues that the SEC’s regulatory approach has been “opaque and hostile.” The motion highlights the need for clear regulations in the cryptocurrency industry and […]

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Binance to Shut Down Crypto Card Services in Europe Amid Regulatory Pressure
  • bob
  • 2023-10-21
  • Company News
  • Cryptocurrency Exchanges
  • Europe
  • Regulatory Developments

Binance to Shut Down Crypto Card Services in Europe Amid Regulatory Pressure

Binance, the world’s largest cryptocurrency exchange, has announced that it will be shutting down its crypto card services in the European Economic Area (EEA). This decision comes as Binance faces increasing regulatory pressure in various countries. The exchange’s Visa Debit Card Services, which allow users to convert crypto assets into local fiat currencies for purchases, […]

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