Kraken, the US-based crypto exchange, has started withdrawing all staked Ethereum (ETH) amid US Securities and Exchange Commission (SEC) pressure. The exchange started the procedure to withdraw all staked ETH associated with its users in the U.S. ahead of the Ethereum Shapella upgrade, which is scheduled for April 12 at
The U.S. Securities and Exchange Commission (SEC) intends to file a suit against Paxos, the firm that developed the Binance USD (BUSD) and Pax Dollar (USDP) tokens, over the latter stablecoin. The SEC allegedly wrote to Paxos. The regulator alerted Paxos to “possible enforcement action” in the letter. BUSD is
Stephen Buyer has been charged with insider trading by SEC. Stephen purchased more than $1.5 million worth of Sprint and Navigant Consultancy stock. The Securities Exchange Commission (SEC) charged Stephen Earle Buyer, a former US representative for Indiana’s 4th congressional district, with insider trading on July 26, 2022. SEC has
SEC Commissioner Elad Roisman resigns officially. Will be leaving the office by the end of January 2022. Letter officially sent to President Joe Biden. The crypto industry for sure will be in cheers when a member of the U.S Securities and Exchange Commission (SEC) resigns. However, here actually it’s a
U.S Congress Financial Services department interiens deep into crypto space. A gathering of law makers and crypto people, CEOs of various top crypto firms discussed constructiveness towards crypto space. New laws in favour of crypto will be out soon. They say with the passage of time, time will heal everything.
Ripple emphasized public-private partnership in future crypto-law. The DCEA would also help define “digital commodity exchanges.” While taking advantage of weaker restrictions elsewhere, Ripple has urged American officials to clarify its crypto sector policies. Now, the San Francisco-based blockchain firm has proposed its own crypto-regulations. Ripple emphasized public-private partnership in
The transaction is part of Nexo’s worldwide plan. The objective is to enhance the value and usefulness of crypto. Nexo is a globally renowned and regulated digital asset institution. In addition to the Nexo Wallet’s top-tier custodial insurance and military-grade security, the company’s objective is to enhance the value and
Entire crypto industry grows profusely. BTC, ETH, ADA, BNB, XRP are some of the prominent surgers for last month. BTC to receive trillion dollars once the ETF gets approved. Almost every individual in the crypto industry would know very well how promising the month of October was. With Bitcoin (BTC)
U.S SEC disapproves of BTC spot ETFs. However, BTC Futures ETFs have been approved by the SEC . Congressmen vividly fought back questioning Gary Gensler, the chairman of the U.S SEC. The Exchange-Traded Fund (ETF) is one of the most sorted out investments in regards to the stocks. In such
The U.S will not ban Bitcoin and cryptocurrency. Crypto adoption rises dramatically all over the U.S. The U.S to also become global leader for blockchain technology and Decentralized Finance (DeFi). We all would have surely heard of the saying ‘One’s downfall becomes the other’s strength’. And so, according to it,
