SEC’s Grewal Downplays Enforcement as Concerned with Crypto Labels
The head of the enforcement directorate at the US Securities and Exchange Commission (SEC), Gurbir Grewal, dismissed the accusation of reliance on regulation by enforcement....
US FDIC Targets OKCoin Over False Statements About Deposit Insurance
Federal Deposit Insurance Corporation has sent a letter addressing the OKCoin exchange. The FDIC has asked the crypto exchange to respond accordingly about the matter...
Court Orders Bankrupt Crypto Exchange Bittrex to Resume Withdrawals
Bittrex Exchange filed for bankruptcy in May following a lawsuit from the Securities and Exchange Commission. The exchange platform directed its consumers to withdraw their...
US Congressmen Introduce Bill to Fire SEC Chair Gary Gensler
SEC chairperson Gary Gensler has stirred the financial sector pot by bringing lawsuits against top crypto exchanges Coinbase and Binance. In the past, SEC’s association...
MicroStrategy Founder Optimistic that Regulatory Clarity to Deliver Bitcoin ’10X’ Value
The MicroStrategy head delved into the debate on the absence of a clear regulatory framework in the US. Michael Saylor confessed that the continued reliance...
Mark Cuban Slams SEC for Failing to Provide Crypto Regulatory Guidelines
Mark Cuban, the co-host of Shark Tank USA, and owner of Dallas Mavericks has shared some insights on the matter of SEC versus crypto exchanges....
Hong Kong Legislator Proactively Invites Coinbase Amidst Legal Battle with SEC’s
Hong Kong's commitment to winning the global race for crypto talent and innovation is shaping up through proactive invitations extended by the legislative council members....
Altcoins Prices Drop Sharply after SEC Crackdown on Major Crypto Exchanges
The cryptocurrency market is expectantly in a downtrend. The flagship cryptocurrency, Bitcoin, has shifted from the $26K price point and currently trading at the $25K...
Lawyers Revisit SEC’s Gensler Advisory Services to Binance in 2019
Binance exchange attorneys reveal that Gary Gensler provided advisory services to Binance. This happened years before assuming the chairperson role at the Securities and Exchange...
UK Financial Watchdog Imposes Strict Rules for Crypto Ads
Last year legislators in the UK took up issue with the cryptocurrency advertisements in the country. However, recently the Financial Conduct Authority or FCA is...