In an effort to strengthen the financial market’s integrity, the Securities and Exchange Commission (SEC) has implemented a novel set of rules for security-based swap transactions. Concurrently, these rules also aim to curtail undue influence over Chief Compliance Officers (CCOs), further fortifying the transparency of these transactions. In addition, these
Binance, the world’s largest crypto exchange, has faced several charges filed by the U.S. Securities and Exchange Commission. The SEC accused the crypto exchange and its CEO of providing unregistered securities. The accusation by the SEC has become a controversial topic in the crypto world. Even though the SEC accuses
Input Output Global (IOG) recently acknowledged the U.S. Securities and Exchange Commission’s (SEC) claims. However, they firmly state that these accusations, which involve the Cardano network and its native token ADA, have no basis in truth. IOG emphasizes that this situation will not affect their operations. Moreover, they insist unequivocally
BNB Coin (BNB), the native cryptocurrency of Binance, reflects the harsh impact of SEC’s crypto crackdown in its soaring selling pressure. The SEC vs Binance lawsuit succeeded in inducing BNB to plummet by 9.15% — from $306 to $278 — over the past 3 days. In the lawsuit, the US
After the SEC’s assault on Binance and Coinbase, the publicly traded commission-free investing platform Robinhood is evaluating its cryptocurrency offerings. On Tuesday, June 6th, Robinhood’s head of law, Dan Gallagher, appraised Congress on the current position. Former SEC Commissioner and recent witness before the House Agriculture Committee on digital assets,
Crypto enthusiasts are on the edge of their seats as the intense battle between the SEC and Binance continues to unfold with each new update. The SEC’s recent move to file an emergency motion with the District of Columbia U.S. District Court, seeking to freeze the assets has sent shockwaves
The US Securities and Exchange Commission’s (SEC) recent regulatory initiatives have compounded concerns about the long-term sustainability of cryptocurrencies. The SEC’s legal charges against Coinbase and Binance, two prominent cryptocurrency exchanges, are a worrying trend. The SEC’s action against Coinbase, situated in San Francisco, is a landmark event in the
In a dramatic turn of events, Coinbase Global Inc, one of the leading cryptocurrency exchanges, is entangled in a regulatory storm as ten U.S. states band together to initiate legal proceedings against the platform. Led by the Alabama Securities Commission, these states have served Coinbase with a show cause notice.
Over the last 12 hours, Whale Alert has recorded several large cryptocurrency transactions targeting two leading exchanges, Binance and Coinbase. Traders have ramped up their activities on these platforms, potentially showcasing renewed trust and support in these marketplaces. According to sources, the primary cryptocurrency that was seen moving to Binance
Ripple Labs CEO Brad Garlinghouse provided insights into the ongoing court case between Ripple and the U.S. Securities and Exchange Commission (SEC), expressing his belief that the case will reach its conclusion in the near future. In a recent statement, Garlinghouse discussed the progress made in the lawsuit and its
