Biden picks Gary Gensler and Rohit Chopra to lead two primary Wall Street watchdogs
President-elect Joe Biden finally declared his choices for the two primary Wall Street watchdogs: Gary Gensler and Rohit ChopraOn Monday, Biden's Transition Team made...
Gary Gensler the most aggressive regulator in two decades
President-elect Joe Biden's expected choice of Gary Gensler has already started attracting controversial statements around himThis freshly shaken up status quo is nothing new...
Gatehub Ltd. is in full support of XRP despite the legal war
Gatehub will not delist XRP till the final judgment clarifies the token as securities The Ripple community believes that its native token is just...
Kraken as the latest exchange to halt XRP trading for US users
Kraken will suspend the trade of XRP by the end of this month The suspension of the token's trade will not affect the plans...
Wall Street Veteran Gary Gensler to be named as new SEC Chairman by Joe...
Joe Biden, The U.S. President-Elect is all set to announce the new nominee for chairman of the U.S. Securities and Exchange Commission (SEC): Gary...
Biden administration is likely to pick a Pro Bitcoiner as US SEC chair
Gary Gensler is expected as a leading candidate to lead the US SEC The final decision is yet to be announced, though the person...
Imprisonment of GemCoin Founder $147 fraudulent Crypto Scheme
According to USFIA’s ponzi and multi-level marketing scheme , the cryptocurrencies were backed by non-existent gems which were traded on the same platformDuring 2013-2015 ...
Revolut warns customers against XRP trading
Revolut through a blog post has informed its partners that till the time its partner exchanges are doing trading in XRP, the customers at...
ISA claims cryptocurrency issued by firms are securities, not assets
ISA is not convinced to consider Kirobo's tokens as assets The authority claims such tokens are securities and should be regulated under the securities...
XRP group appeal white house to halt SEC legal action against Ripple
XRP group was appealing to the White House to stop the SEC lawsuit filed against them They said that FinCEN had announced XRP as a...
FBI needs assistance from the victims of a ponzi scam
FBI is seeking to identify the victims of a ponzi scam for further assistance in the investigation The agency has published a questionnaire to...
FBI needs assistance from the victims of a ponzi scam
FBI is seeking to identify the victims of a ponzi scam for further assistance in the investigation The agency has published a questionnaire...
Virgil Capital under Regulatory Lens
SEC has imposed an order imposing an asset freeze and other emergency relief against the firmAction taken by SEC based on the investigations and...
Ripple defends XRP from SEC’s thesis of an attack on the crypto industry
Ripple will soon file a response to fight against the filed lawsuit by US SEC The lawsuit has not only affected Ripple or the...
Another major crypto exchange to halt XRP transactions
After Bitstamp, Coinbase became the biggest crypto exchange to halt XRP transactions The exchange will suspend the trading of XRP from next month The...
Bitstamp suspended XRP transactions for Europeans
Bitstamp as the first major crypto exchange to delist the trade of Ripple’s XRP The decision for deleting the token came after the US...
Biden’s Administration and Evolution of Crypto Policies
U.S. Government fails to implement Fintech and Blockchain Technology regulationsBiden's Administration may create a Silver Lining for the Crypto WorldThe Administration can clutch numerous...
Is the XRP market fading away post-SEC’s Lawsuit?
XRP experiences a major downfallCrypto analysts invest the event with differing perspectivesIndividual investors and exchanges dominate XRP, exchanges may gravitate to delist the crypto
The...
Ripple to experience an SEC Suit on XRP?
SEC claims Ripple to contravene investor-protection lawsDevelopment of XRP lies with independent developers. Nearly 45 billion coins of it’s are dispensed in the market...
The US SEC seems to sue Ripple over XRP
Ripple announced the US SEC could file a lawsuit against the firm’s native token The federal judge could only resolve the dispute of XRP...
SEC open to the Idea of Tokenised ETFs
With the adoption of new rules and diversification in their portfolio, the SEC is willing to drive tokenisation of ETFsSEC in October 2020 has...
SEC Accuses John McAfee of Fraudulent Promotion of ICOs
McAfee is charged for promoting to invest in initial coin offerings (ICOs) via TwitterThe SEC outlined the violations in a 55-page complaint filed on...
Clarification Over Cryptocurrency Regulation Becomes a Need Rather Than a Demand
Official letter that was sent to the SEC read that the policy makers must strive to declare the legalization regarding the cryptocurrencies.Over the Counter...
No actions would be taken against Compliance-Focused Digital Security Exchanges by SEC
SEC wants to protect the investors whether they invest in online platforms or traditional platforms, ease capital formation, and maintain a fair, orderly, and...
The OCC and the SEC Clarifies the Regulatory Uncertainty Regarding Stablecoins
Acting Comptroller of the Currency Brian said that several national banks and federal saving institutions are engaging themselves in activities related to stablecoinsThe letter...
Philippines’ SEC Announces a new Bitcoin Mining Ponzi Scheme
Mining city of Philippines is not registered under the commission and does not possess the necessary licensesMining city, is a Bitcoin cloud mining business...
SEC Charges Rapper Clifford Harris Jr.Producer Felton for Fraud
The charges made by SEC were for promoting a fraudulent ICO of a cryptocurrency token.Felton claimed to build a digital asset trading platform for...
SEC Files Suit Against Two Unregistered Brokers Promoting Crypto Investments Involving Automated Robots
The US Securities and Exchange Commission (SEC) have recently filed a suit against two promoters namely Cecilia Millan and Margarita Cabrera.The lawsuit was filed...
The SEC Updates the Definition of Accredited Investors
The US Securities and Exchange Commission (SEC) have today decided to update the definition of the accredited investors.The SEC has also updated the list...
The SEC Accuses Boontech and Its CEO For Violating Federal Security Laws
SEC reveals that between the November 2017 and January 2018 period, BoonTech had sold approximately $5 million worth its native token, Boon Coin to...
‘Crypto Mom’ Hester Peirce Re-elected as SEC Commissioner
The Securities and Exchange Commission (SEC) Commissioner Hester Pierce has been re-elected to serve for another term.
Pierce was chosen by President Barack...
Abra and Plutus Technologies Charged by SEC and CFTC for Unregistered Security Swap
The US Securities Exchange Commission has charged an application development company, Abra for offering security-based swaps without complying norms for registration.
California-based Abra developed and...
Coinbase To Make Its Debut In The Listings Of The US Stock Market
Coinbase has declared that they are likely to debut in the US Stock Exchange market by 2021, as reported by Reuters.
The crypto platform will...
Nigeria SEC Warns Public Against Activities Of Illegal Blockchain Operator
The SEC (Security and Exchange Commission) Nigeria has cautioned the investors and the stakeholder public about the activities of IBSmartify Nigeria.
As per...
Jay Clayton’s Replacement As The Chairman Of The Sec May Affect Crypto Industries
The Department of Justice released a press release from the Attorney General, William Barr.
Jay Clayton, Chairman of the US Securities and Exchange Commission, will...
Redactions Granted to Telegram over its $1.7 billion initial coin offering
The US Securities & Exchange Commission granted redactions to a majority of participants in Telegram’ 2019’s initial coin offering (ICO).
It started...
Centra Tech’s Founders Convicted in ICO Fraud Case
The founder of Centra Tech pleads guilty for a fraud, which included an ICO scam of 32 million US dollars.
Many social media...
Q3 Ravaged After The Crypto Startup Swindled Investors $33 Million
Michael Ackerman, the CEO and his co-conspirators promised 5% of profits from daily trading in digital currency. They ended up using the funds...
Fidelity To Work With Wilshire As Its Custodian Of The New Bitcoin Fund
Fidelity Digital Assets will partner with Wilshire Phoenix, to become the custodian
of its new Bitcoin Fund.
Wiltshire's BTC will allow the investors of...
SEC FinHub To Host Virtual P2P Meetups
SEC has announced that the wing for Innovations and Financial Technology will hold virtual meetups with the industry tech giants.
The SEC or...
Telegram’s Agreement to Adhere to SEC’s Discovery Requests
Telegram and SEC on 19 Feb had a two-hour argument session for a preliminary injunction against Gram.
Telegram agreed to provide communications along...
Telegram Reaches 400 Million Users Meanwhile SEC Continues Opposing TON Launch
Short Insights
Telegram, the messenger app announced on April 24, 2020, that it has gained 400 million especial monthly users.
SEC has entered into...
SEC Requests the Court to Dismiss Telegram’s Letter Seeking Clarity
The conflict between SEC (The United States Securities and Exchange Commission) and the Telegram has not come to a halt.
Telegram requested the...
U.S. Judge Ordered Telegram To Refrain Issue Of Gram Token Next Month
On March 24, the Southern District of New York said that SEC has demonstrated a plausible case that explains the messaging platform Telegram...
Court’s Verdict Against ICOBox’s Founder Nikolay Evdokimov, Ordered To Pay $16m In Disgorgement
A verdict against the lawsuit targeting ICOBox and its founder Nikolay Evdokimov has been issued by Judge Dale S. Fischer of the California...
Telegram-SEC Hearing: SEC is in Disarray, Judgement to be passed before April 4
Telegram's initial coin offering is claimed to be offered to private investors who have no interest in cryptocurrency.
The judge pointed out the...
Telegram Finds Support From TON Community In SEC Battle
Telegram is being backed by its blockchain platform TON’s community in its heated battle against the United States Securities Commission (SEC).
TON Community Foundation has...
SEC Alerts its Investors to be Cautious of ICO’s
SEC recently release a post highlighting instructions on the Initial Coin Offering (ICO).
The SEC warns the investors to beware of the false promises of...
