SEC Archives

The Nigerian securities regulator announced on June 21 that it had updated the digital asset rules to expand their scope and introduced an accelerated process for onboarding virtual asset service providers. The Accelerated Regulatory Incubation Programme provides VASPs with insights into the Commission’s expectations before they fully commence operations. Regulator Threatens Enforcement Action Against Non-Compliant […]

The U.S. House of Representatives on Wednesday approved a bill aimed at establishing a new legal framework for digital currencies, despite an unusual warning from the U.S. securities regulator about potential financial risks. The Financial Innovation and Technology for the 21st Century Act, sponsored by Republicans, passed with a bipartisan 279-136 vote. It remains uncertain […]

Retail brokerage receives ‘Wells notice’ after prolonged efforts to gain regulatory clarity Robinhood has indicated a potential legal challenge from the U.S. Securities and Exchange Commission concerning its cryptocurrency operations, highlighting the ongoing U.S. regulatory scrutiny on digital currencies. The company reported in a recent filing that over the last weekend, its crypto division received […]

KEY POINTS: Coinbase is pushing for the SEC to green-light Grayscale’s Ethereum ETF proposal. It outlines Grayscale’s legal, technical, and economic arguments for approval. Paul Grewal highlights Coinbase’s backing due to Ethereum being classified as a commodity. Coinbase has taken a significant step in the ETF arena by advocating for the SEC’s approval of Grayscale’s […]

Kraken, a leading cryptocurrency exchange, has filed a request to dismiss the lawsuit brought by the Securities and Exchange Commission (SEC), arguing that allowing the case to proceed would establish a “dangerous precedent.” Kraken has submitted a motion to the court seeking the dismissal of the SEC’s lawsuit filed in November. The SEC claimed in […]

Bitcoin’s price has stabilized, concluding the week at about $41,600, marking a minor 0.4% decrease compared to the previous week’s closing at roughly $41,750. The diminished volatility is credited to the recent approval of ETFs by the SEC, putting an end to speculation on this development, as reported by Matteo Greco, a research analyst at […]

Colorado-based pastor Eligio “Eli” Regalado and his wife, Kaitlyn, are currently facing legal repercussions following allegations of defrauding investors out of millions of dollars through the sale of an unregistered cryptocurrency token known as INDXcoin. This particular token was marketed to devout Christians as a “God-backed” digital asset, successfully raising approximately $3.2 million in funds […]

Tag: SEC

Nigerian SEC Issues New Digital Asset Rules and Compliance

US House Passes Crypto Bill Despite Warnings from SEC

Robinhood Faces Potential SEC Lawsuit Over Cryptocurrency Practices

Coinbase Encourages SEC Approval for Grayscale Ethereum ETF

Kraken Wants to Drop SEC Lawsuit, Saying It Sets a ‘‘Dangerous Precedent’

Fineqia: SEC approval of ETFs curbs volatility, stabilizes crypto prices.

SEC Freezes Assets of Church over Unregistered ‘God-Backed’ Crypto Token

Russia Proposes 15% Tax on Crypto and Mining Restrictions

WazirX Plans to Launch New Decentralized Exchange

Binance, Indian Police Bust Energy Scam, Recover $100K USDT

Indian Govt. Officials Probe Crypto Exchange WazirX's $234M Hack

Dubai's VARA Updates Marketing Regulations and Guidelines for VASPs

Germany Shuts Down 47 Crypto Exchanges for Illegal Activities

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