Fri, October 18

ETF Application of VanEck Delayed by SEC Until October

The original deadline for a decision from the regulator was on August 27. Cboe BZX Exchange would become a trading venue for VanEck’s product. New York-based global asset manager VanEck is now going to await a decision from the United States Securities and Exchange Commission (SEC) about its newest application

August 27, 2022 1 min read

SEC Making Every Attempt to Limit Ripple’s Testimonies

SEC requests court approval to disclose Ripple expert testimony. The court had permitted the commission to make a move excluding the testimony. According to a recent report provided by James K. Filan in the ongoing Ripple vs SEC battle, the U.S. Securities and Exchange Commission (SEC) has issued a request

August 26, 2022 2 mins read

Cryptocurrency Should Be Regulate As Traditional Market-Gary Gensler

SEC Chair Gary Gensler clarified his stance on cryptocurrency markets. The SEC actions appeared following the failure of the Terra (LUNA) stablecoin. Gary Gensler, former investment banker, and 33rd chair of the US Securities and Exchange Commission (SEC) made the statement about how cryptocurrency assets need to be managed. The

August 24, 2022 1 min read

FDIC Scrutinizes FTX U.S Over Deposit Insurance Claims

The FDIC demanded taking down any content implying FDIC-insured. The FDIC requested that they refrain from making any additional such representations. Today, the FDIC revealed that five cryptocurrency firms had misled investors about the extent to which their deposits were insured. Among the entities mentioned were the cryptocurrency exchange FTX.US

August 20, 2022 2 mins read

SEC Continues Stand Against Coinbase’s Crypto-Staking Program

Coinbase has received investigative subpoenas and requests from the SEC. Coinbase committed to a productive discussion with the SEC. The US Securities and Exchange Commission is investigating Coinbase Global Inc’s staking programs that made the exchange enable customers to receive rewards for holding particular cryptocurrencies. Coinbase disclosed this in its

August 11, 2022 2 mins read

SEC Accuses 11 People for Promoting Crypto Pyramid Scheme

Forsage has collected $ 300 million from millions of investors around the world. The website already has allegations in the Philippines and Montana. The U.S Securities and Exchanges (SEC) has charged 11 people associated with the Forsage platform on 1 Aug 2022. As per the SEC report, Forsage is a

August 2, 2022 2 mins read

Ripple’s Lawyer Says SEC Is Threatening Crypto Market

Stuart Alderoty stated that SEC is pressurizing the crypto market regularly.   There is an urgent need for responsible crypto legislation in Washington, as per Alderoty. Ripple’s General Counsel, Stuart Alderoty, recently criticized U.S Securities and Exchange Commission (SEC) for its viewpoint on cryptocurrency regulation. According to Alderoty, the SEC is

July 28, 2022 2 mins read

Court Denies SEC’s Motion To Revoke Amici Status and Bar John Deaton

Judge Torres had ordered the SEC to provide Hinman’s speech draft from 2018. According to the defendants, the Hinman speech is the subject of all three orders. After the SEC’s latest appeal, it seems that the legal war between Ripple and the SEC has entered a critical point. In response

July 27, 2022 2 mins read

Mark Cuban Calls SEC Regulating Crypto Sector ‘a Nightmare’

Investors would have a difficult time complying with rules and regulations. Toomey criticized the agency’s approach to the crypto sector. Mark Cuban claims that the Securities and Exchange Commission’s regulation of how cryptocurrencies are registered would be nothing short of “a nightmare.” Shark Tank star and Dallas Mavericks owner shared

July 26, 2022 2 mins read

SEC Launches Fresh Probe Into Coinbase Listing Securities Claim

Seven of the nine digital assets claimed by the SEC are now listed on Coinbase. Securities are highly regulated and need extensive disclosures. The US Securities and Exchange Commission (SEC) has launched a new investigation into Coinbase, a popular platform for buying and selling digital currency. It’s been reported by

July 26, 2022 2 mins read