Crypto Exchange Coinbase Announces $2,000,000,000 Capital Raise Amid SEC Lawsuit Threats

Coinbase is raising $2 billion through a debt offering despite receiving lawsuit threats from the US Securities and Exchange Commission (SEC).

Fidelity Executives Meet With the SEC in Effort To Launch a Bitcoin Exchange-Traded Product

Financial services giant Fidelity recently discussed a Bitcoin exchange-traded product with the US Securities and Exchange Commission (SEC).

SEC Chair Gensler: ‘We Don’t Have Enough Investor Protection in Crypto Finance, Issuance, Trading, or Lending’

The chairman of the US Securities and Exchange Commission (SEC), Gary Gensler, explained that there is not enough investor protection in cryptocurrency.

Is there any 'logic' behind the SEC going after Ripple and not Ethereum

For years, the US Securities and Exchange Commission (SEC) and the crypto-community have been at odds over the issue of "regulatory clarity." To many, the ongoing SEC v.

SkyBridge Capital Files With SEC To Launch Crypto-Adjacent Exchange-Traded Fund

Global investment firm SkyBridge Capital has filed with the US Securities and Exchange Commission (SEC) to launch an exchange-traded fund (ETF) focused on cryptocurrencies and other digital assets.

SEC Chair Gary Gensler Calls Digital Asset Market the ‘Wild West,’ Invites Crypto Platforms to a Dialogue

The chairman of the US Securities and Exchange Commission (SEC) Gary Gensler says that cryptocurrency investors are inadequately protected.

Fidelity lobbies SEC to approve Bitcoin ETF in private meeting

Fidelity argues that Bitcoin markets have already reached maturity under the SEC’s own standards. Multinational financial services firm Fidelity Investments has pressed the US Securities and Exchange Commission to approve its Bitcoin exchange-traded fund (EFT).A private meeting was held on Sept.

Crypto Exchange Coinbase Unveils Plan to Raise $1.5 Billion by Selling Bonds

Amid trouble with the US Securities and Exchange Commission (SEC), global cryptocurrency exchange Coinbase unveils its plan to raise $1.5 billion by selling bonds.

US SEC Issues Warning on Crypto Investment Scams Citing ‘Some Investors May Have FOMO’

The US Securities and Exchange Commission (SEC) has issued a warning about fraudulent investment schemes involving cryptocurrencies.

SEC Says ‘Third Parties’ Asked About Status of XRP – And Agency Stayed Silent

The US Securities and Exchange Commission (SEC) says it stayed silent on the status of XRP until slapping Ripple with a lawsuit late last year.

Coinbase Chief Brian Armstrong Calls Out SEC for Threatening To Sue Top Crypto Exchange

Coinbase CEO Brian Armstrong says the US Securities and Exchange Commission (SEC) is threatening the crypto exchange with a lawsuit.

‘SEC Will Stop at Nothing to Control Entire Crypto Space,’ Says Former Federal Prosecutor

A former federal prosecutor says that the US Securities and Exchange Commission (SEC) “will stop at nothing to control the entire crypto space.” The SEC has now threatened to sue the Nasdaq-listed crypto exchange Coinbase.

Bill Miller’s Hedge Fund Sees Bitcoin Having ‘Significant Upside Potential’ as Digital Gold

In a report filed with the US Securities and Exchange Commission (SEC), the fund managers for the Miller Opportunity Trust, Bill Miller’s hedge fund, state that “bitcoin has significant upside potential as a form of digital gold.” The report details that despite its volatility, bitcoin’s “risk-reward is attractive.” Hedge Fund Manager Sees Bitcoin’s ‘Significant Upside […]

Ripple Lawyers Slam SEC Response To Motion That Could Expose Regulator Employees’ XRP Trading History

Lawyers representing Ripple have responded to the US Securities and Exchange Commission (SEC) after it opposed their efforts to determine whether SEC employees were allowed to purchase XRP while simultaneously conducting an investigation of Ripple for securities fraud.

US SEC Threatens to Sue Crypto Exchange Coinbase, CEO Brian Armstrong Responds

The US Securities and Exchange Commission (SEC) has threatened to sue the Nasdaq-listed cryptocurrency exchange Coinbase over its lending product.

SEC Issues Warning About Crypto and Digital Asset Scams in New Investor Alert

The US Securities and Exchange Commission has issued a warning to investors about scams lurking in the world of cryptocurrency investing.

SEC Moves To Deny Motion That Could Reveal Employees’ XRP Holdings

The US Securities and Exchange Commission is trying to block a motion from Ripple lawyers that could expose whether SEC employees traded or invested in XRP.

SEC Charges Global Crypto Lending Platform With $2,000,000,000 Fraud

The US Securities and Exchange Commission is filing charges against the crypto lending platform BitConnect and two of its top executives.

Top Regulator Is Probing Company Behind the World’s Biggest Decentralized Exchange: Report

The US Securities and Exchange Commission (SEC) is investigating Uniswap Labs, the developer of Uniswap, the world’s largest decentralized (DeFi) cryptocurrency exchange.

SEC Allegedly Probes Operators Behind World’s Largest Decentralized Exchange, Uniswap: Report

According to a recent report, the US Securities and Exchange Commission (SEC) has allegedly started probing the startup that operates the decentralized exchange (dex) Uniswap.

UNI Drops on Report That SEC is Investigating Uniswap

UNI took a dive following the reports that the US Securities and Exchange Commission (SEC) is investigating the developer of the major decentralized exchange Uniswap. The SEC is looking into Uniswap Labs as part of their deeper examination of the digital asset market, and its decentralized side, according to the Wall Street Journal, citing "people familiar with the

The SEC Filed Charges Against BitConnect, its Founder, and Top US Promoter

The US Securities and Exchange Commission has officially pressed charges against one of the most controversial crypto projects - BitConnect.

Crypto Won’t Last Long Without Regulation, Says SEC Boss Gary Gensler

The chairman of the US Securities and Exchange Commission (SEC) says the crypto industry will have to embrace new regulations to stay relevant and survive.  Gary Gensler tells the Financial Times that like other forms of assets, cryptocurrencies should conform with public policies to protect investors, prevent illegal activities and maintain financial stability.

SEC Hits BitConnect Founders, Promoters with Fresh Fraud Wrap

The US Securities and Exchange Commission (SEC) has dredged up the ghost of the discredited crypto scam BitConnect, and will look to prosecute its alleged masterminds for selling fraudulent and unregistered securities – amounting to a total of USD 2bn. The SEC issued a notice explaining that it had “filed an action against BitConnect, an online crypto lending platform,

SEC boss tells EU Parliament crypto and fintech could be as disruptive ‘as the internet’

SEC chairman Gary Gensler promoted cooperation between Europe and The United States in seeking to regulate decentralized financial technologies. Gary Gensler, the chairman of the US Securities and Exchange Commission (SEC), has appeared virtually before the European Parliament to share his policy recommendations regarding the regulation of crypto assets.Speaking to the Parliament’s Committee on Economic and Monetary Affairs on Sept.

Did the SEC Allow Employees To Trade XRP? Ripple Files Motion To Get Answers

Ripple’s legal team has filed a motion to compel the US Securities and Exchange Commission (SEC) to reveal whether it allowed its employees to trade XRP.

XRP lawsuit outcome may depend on this 'when and if' scenario

Ripple Labs' legal battle with the US Securities and Exchange Commission (SEC) seems to evolve with every motion filed.

Ripple May Have To Wait Before Settling SEC Lawsuit, According to Legal Expert Jeremy Hogan – Here’s Why

Attorney and crypto legal expert Jeremy Hogan says Ripple may have to wait a few months before trying to settle their lawsuit with the US Securities and Exchange Commission (SEC) The SEC sued Ripple late last year for allegedly selling XRP as a security.

SEC Wins Judgment Against Actor Steven Seagal After He Ignores Court Order to Settle Crypto Fraud Case

The US Securities and Exchange Commission (SEC) has won a judgment against Steven Seagal after the famous actor failed to pay the agreed sum to settle the crypto fraud case he was involved in.

SEC Inks Deal With Blockchain Analytics Firm To Monitor DeFi Transactions

The US Securities and Exchange Commission (SEC) has inked a new deal with a blockchain analytics firm to help monitor and regulate the decentralized finance (DeFi) industry.

SEC reportedly contracts blockchain analytics firm to monitor DeFi industry

"The SEC is very keen on understanding what is happening in the world of smart contract-based digital assets," said Victor Fang. The US Securities and Exchange Commission has reportedly signed a $125,000 deal with blockchain analytics firm AnChain.AI to help monitor and regulate the decentralized finance industry.According to a Friday report from Forbes, an AnChain.AI company spokesperson confirmed the agreement with the federal regulator, saying the SEC and blockchain firm had the option to sign up to five separate 1-year contracts for $125,000 each, or $625,000 total.

Assessing the odds of a Bitcoin ETF being launched by October

It is no secret that the US Securities and Exchange Commission's (SEC) approval of Bitcoin ETF is greatly anticipated.

JPMorgan, Wells Fargo Move To Launch Bitcoin Funds in Collaboration With Crypto Giant NYDIG

Banking titans JPMorgan and Wells Fargo are gearing up to launch new Bitcoin funds in collaboration with crypto giant New York Digital Investment Group (NYDIG), according to filings with the US Securities and Exchange Commission (SEC).

VanEck and ProShares apply to withdraw Ethereum ETF filings from SEC

It’s unclear why both asset managers chose to apply for and withdraw seemingly similar applications for Ether ETFs on the same days. Less than two days after submitting separate applications to the US Securities and Exchange Commission, asset managers VanEck and ProShares have seemingly decided not to pursue exchange-traded funds with exposure to Ether.In individual Aug.

SEC Chairman Says DeFi Projects ‘Have a Lot of Centralization,’ Warns They Won’t Reach Full Potential Outside Regulatory Laws

Chairman of the US Securities and Exchange Commission Gary Gensler is issuing a warning about the potential risks associated with the decentralized finance (DeFi) sector.

US SEC Boss Gary Gensler Calls to Regulate DeFi Projects

The US Securities and Exchange Commission Chairman Gary Gensler is pushing to regulate the decentralized finance (DeFi) landscape.

BlackRock ETFs hold $384 million of shares in Bitcoin mining firms

SEC filings reveal that BlackRock has invested almost $400 million into Riot Blockchain and Marathon Digital Holdings stock. Filings submitted by the $9 trillion multinational investment manager BlackRock reveal the firm has made significant investments in two leading publicly traded Bitcoin mining firms.A June 30 filing submitted to the US Securities and Exchange Commission, unearthed by Forbes, shows that BlackRock owns a 6.71% stake in Marathon Digital Holdings (MARA) and 6.61% of Riot Blockchain (RIOT).

SEC boss says DeFi platforms are ‘highly centralized’ and will need to register

SEC chairman Gary Gensler stated that many DeFi projects are “highly” centralized in certain aspects, as they are developed by a “core group of folks” who are incentivized to promote their platforms. Gary Gensler, chairman of the US Securities and Exchange Commission stated that DeFi is highly centralized in certain aspects and urged projects working in the sector to register with the SEC.

US May Regulate DeFi, El Salvador's Bitcoin Draft Regulations + More News

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. Regulation news Decentralized finance (DeFi) projects may still fall under the jurisdiction of the US Securities and Exchange Commission (SEC), the watchdog’s chairman Gary Gensler told The Wall Street Journal.

Fireblocks Onboards Former SEC Chairman Jay Clayton as Advisor

Source: Screenshot, Jay Clayton, CNBC Television / YouTube Digital asset security and asset transfer platform Fireblocks has announced that Jay Clayton, Former Chair of the US Securities and Exchange Commission (SEC), has joined the company’s advisory board, stating that Clayton's previous experience in regulation will allow him to steer the company in handling the requirements for developing

Government Watchdog Investigates Conflicts of Interest Involving SEC Officials, Crypto, XRP, Ripple Lawsuit

Government watchdog Empower Oversight has requested internal documents from the US Securities and Exchange Commission (SEC) on cryptocurrency that potentially show conflicts of interest at the commission involving former high-level officials.

Aussie Green Bitcoin Miner Iris Energy Files with SEC to Go Public on Nasdaq

Australian green Bitcoin mining company Iris Energy intends to become public by filing with the US Securities and Exchange Commission.

SEC Request for Slack Messages is 'Extraordinarily Burdensome', Says Ripple

The US Securities and Exchange Commission (SEC) request for “terabytes” of Slack messages between Ripple employees is “extraordinarily burdensome and highly disproportionate,” argued Ripple on Monday.

SEC Asking for Jurisdiction Over All Crypto Exchanges Is ‘a Blatant Power Grab,’ Says Lawmaker

US Congressman Patrick McHenry has slammed the US Securities and Exchange Commission (SEC) for asking for jurisdiction over all crypto exchanges, including non-securities ones.

SEC Chair Tells Senator Legislative Priority Should Center on Crypto Trading, Lending, Defi Platforms

The chairman of the US Securities and Exchange Commission (SEC), Gary Gensler, has written a letter to Senator Elizabeth Warren about crypto regulation.

Crypto Exchange Poloniex Settles With SEC for $10,000,000

Crypto exchange Poloniex has settled with the US Securities and Exchange Commission (SEC) for operating an unregistered digital asset exchange.

Commissioner Criticizes SEC for Taking Enforcement-Centric Approach to Crypto Regulation

A commissioner with the US Securities and Exchange Commission (SEC) has criticized the securities watchdog for focusing on enforcement actions in its oversight of the crypto industry.

'Crypto Mom' Hester Peirce slams SEC for $10m Poloniex settlement

“Crypto mom” Hester Peirce has slammed SEC’s $10 million settlement with Poloniex, challenging the opaque regulations US-based crypto firms must navigate. Commissioner Hester Peirce, known colloquially as “Crypto Mom,” has slammed the US Securities and Exchange Commission (SEC) for its $10 million settlement with cryptocurrency exchange, Poloniex.The SEC announced the $10 million settlement on Aug.

SEC Fines Poloniex $10 Million for Operating Unregistered Cryptocurrency Exchange

The US Securities and Exchange Commission (SEC) has charged Poloniex with operating an unregistered cryptocurrency exchange.

The US SEC Charges DeFi Money Market and Founders with Fraudulent $30 Million Offerings

The US Securities and Exchange Commission has issued its first case involving the decentralized finance market by charging the founders of DeFi Money market for raising $30 million through fraudulent offerings.

SEC Chairman Says Satoshi Nakamoto’s Innovation Is Real, Crypto Rules Are Clear

The chairman of the US Securities and Exchange Commission (SEC), Gary Gensler, says that Satoshi Nakamoto’s innovation is real.

US SEC Shuts Down $30 Million Defi Money Market in First Decentralized Finance Bust

The US Securities and Exchange Commission (SEC) has taken its first enforcement action involving decentralized finance (defi).

SEC Charges Two Crypto Executives in First-Ever DeFi Securities Case

The US Securities and Exchange Commission (SEC) is pressing charges against two crypto executives in its first-ever decentralized finance (DeFi) securities case.

SEC Charges 'Defi' Lender, Governance Token Issuers Should Take Notice

The US Securities and Exchange Commission (SEC) charged Cayman Islands-registered DeFi Money Market (DMM) and its top executives, two Florida men, for unregistered sales of more than USD 30m of securities using smart contracts and "so-called "decentralized finance" (DeFi) technology." DMM has already been closed down due to "regulatory

Crypto Mom: True decentralization is the only thing that will save DeFi projects

SEC Commissioner Pierce believes that DeFi founders’ only hope to bypass financial regulation is to ensure full decentralization from launch. Hester Pierce of the US Securities and Exchange Commission — colloquially known as 'Crypto Mom,' has warned of rampant “shadow-centralization” within the decentralized finance (DeFi) sector.Speaking to outspoken DeFiWatch founder Chris Blec in an August 4 discussion streamed by The Defiant, the SEC commissioner noted that decentralized organizations and DeFi are new concepts for regulators and that: “having a peer-to-peer system that doesn’t have central intermediaries is very different from what we’re normally dealing with.”“If you want to be decentralized, you really need to be decentralized, and that is going to then put you in a different category from the perspective of regulators because that’s just not something that we’ve dealt with before.”“If regulators can find a centralized part or group of people that they can grab hold of, they will grab hold of them.

SEC Has No Authority Over Pure Commodities Like Crypto Assets, Says CFTC Commissioner

Both the US Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) have claimed jurisdiction over the crypto industry.

SEC Chair Gensler Outlines Plans for Crypto Trading, Exchanges, Investor Protection, Bitcoin ETFs

The chairman of the US Securities and Exchange Commission (SEC), Gary Gensler, has outlined how the SEC plans to regulate the crypto industry.

Victory Capital files SEC application for crypto ETF

The firm first announced its intention to launch a private fund for accredited investors tracking the Nasdaq Crypto Index in June. Investment firm Victory Capital Management has filed an application with the US Securities and Exchange Commission for a cryptocurrency exchange-traded fund.In a Form S-1 registration filed Tuesday with the regulatory body, Victory said it intended to move forward with listing an exchange-traded fund, or ETF, tracking the Nasdaq Crypto Index.

SEC Chief Calls Out ‘Regulatory Gaps’ in Crypto Industry, Says Agency Needs Boost From Congress

The US Securities and Exchange Commission (SEC) Chairman Gary Gensler says crypto investors need to be protected from fraud and is encouraging more legislative oversight over the nascent digital asset space.

Bitcoin 'Innovation Is Real' & 9 Other Key Takeaways From Speech By SEC Chair

This is a speech by the US Securities and Exchange Commission (SEC) chief Gary Gensler before the Aspen Security Forum on August 3. ______ Top 10 key statements: Satoshi Nakamoto’s innovation is real.

Brad Garlinghouse's lawyers file request for Binance documents in 'international' challenge to SEC lawsuit

"The offers and sales that the SEC challenges did not occur in this country and are not subject to the law that the SEC has invoked in this case," said the legal team. The lawsuit between Ripple Labs and the US Securities and Exchange Commission, or SEC, now involves major crypto exchange Binance after a recent filing on behalf of Ripple CEO Brad Garlinghouse.According to court documents filed in the Southern District of New York on Monday, Garlinghouse’s legal team has requested documents “relevant to the case and unobtainable through other means” from Binance Holdings Limited, the Cayman Islands-based subsidiary of the major cryptocurrency exchange.

Ripple Resolution With SEC Not Coming Anytime Soon, Says Legal Expert – Here’s Why

Legal expert James K. Filan says XRP investors shouldn’t expect a settlement in the lawsuit between Ripple and the US Securities and Exchange Commission (SEC) anytime soon.

Here’s Ripple’s Strongest Defense Against the SEC in XRP Lawsuit, According to Crypto Legal Expert Jeremy Hogan

Crypto legal expert Jeremy Hogan has named what he thinks is Ripple’s strongest defense against the US Securities and Exchange Commission (SEC) in the lawsuit involving XRP.

Goldman Sachs Applies for a DeFi and Blockchain ETF to Optimize Investment Results

Banking giant Goldman Sachs applied for an exchange-traded fund (ETF) with the US Securities and Exchange Commission intended to maximize investment results based on the performance of the Solactive DeFi and Blockchain index.

Bitcoin ETF not happening in 2021, says Wilshire Phoenix co-founder

The United States SEC may not approve a Bitcoin exchange-traded fund until 2023, according to a former BTC ETF expectant. William Cai, co-founder of investment firm Wilshire Phoenix, is the latest person to cast doubts on the possibility of a Bitcoin (BTC) exchange-traded fund (ETF) approval in the United States in 2021.Speaking to Business Insider, Cai remarked that a Bitcoin ETF in 2021 is unlikely as he offered 2022 and 2023 as the earliest possible times for the US Securities and Exchange Commission to greenlight a BTC ETF.Several Bitcoin ETF hopefuls currently have filings with the SEC, including fund management outfit Global X, which submitted earlier in July.The SEC has thus far elected to delay its decision on the pending ETF submission, and Cai expects the commission to deny these applications, stating, “We think they are all going to get stuck.”Cai has some experience with the SEC’s handling of Bitcoin ETF applications.

Weekly roundup: Ark Invest, Edge Wealth Management, and Rothschild Investment accumulate crypto

Cathie Wood's Ark Invest purchased more than 450,000 GBTC shares in two separate buys this week. As the price of Bitcoin returned to more than $32,000 this week, some major firms announced they had increased their exposure to cryptocurrencies through Grayscale’s crypto trusts.According to a Friday filing with the US Securities and Exchange Commission, or SEC, New York-based investment firm Edge Wealth Management currently holds 54,134 shares of Grayscale’s Bitcoin Trust (GBTC), valued at $27.13 at the time of publication, and 25,280 shares of the company’s Ethereum Trust (ETHE).

SEC Chairman Outlines Regulation of Crypto Assets Relating to Security-Based Swaps

The chairman of the US Securities and Exchange Commission (SEC), Gary Gensler, has clarified how cryptocurrencies falling under security-based swaps are regulated.

Crypto mining firm Argo Blockchain files for US IPO

The company has been publicly traded on the London Stock Exchange since 2018. Argo Blockchain, a UK publicly traded company focused on crypto mining, has begun the process of applying for an initial public offering in the United States.According to a confidential draft registration statement filed Tuesday with the US Securities and Exchange Commission, or SEC, Argo has proposed a dual-listing and initial public offering of American Depositary Shares, expected to occur in the third quarter of 2021.

Ripple Asks Court to Throw out SEC Case Following Commissioners’ Letter

The XRP-affiliated Ripple is looking to capitalize on a recent statement from members of the US Securities and Exchange Commission (SEC) calling for more transparency in cryptoasset classification – and now hopes to have its protracted war with the regulator dismissed. As reported last week, two of the five SEC commissioners, Hester Peirce and Elad Roisman, hit out at

SEC Postpones Bitcoin ETF Decision – Here’s What Could Be Holding It Back

The US Securities and Exchange Commission (SEC) is delaying its decision on WisdomTree’s application for a Bitcoin exchange-traded fund.

XRP lawsuit update: Hinman deposition to go ahead, but here's the caveat

Ripple Labs is in the news today after the blockchain firm won yet another battle against the US Securities and Exchange Commission [SEC] on Thursday.

SEC fines Coinschedule $200K over sponsored, favorable ICO ratings

The SEC asserts that Coinschedule violated anti-touting provisions of US securities laws. The US Securities and Exchange Commission has settled charges against the defunct initial coin offering (ICO) review website Coinschedule.com for violating the anti-touting provisions of federal securities laws.But two SEC commissioners have penned an open letter in response saying the settlement highlights flaws with the commission’s processes.According to a July 14 release from the securities regulator, Coinschedule failed to disclose it was receiving compensation from digital asset issuers for favorable reviews.The settlement’s terms state that Blotics, formerly known as Coinschedule, must pay a penalty of $154,434 plus $43,000 in disgorgement plus interest without admitting or denying the SEC’s findings.The website operated between 2016 and 2019, with many of its visitors hailing from the United States.

SEC Charges Token Listing Website With Unlawfully Touting Crypto Securities

The US Securities and Exchange Commission (SEC) has charged a token listing website with unlawfully touting crypto securities.

Grayscale’s Digital Large Cap Fund Becomes an SEC-Reporting Product

The Grayscale Digital Large Cap Fund has become the asset manager's third product reporting to the US Securities and Exchange Commission.

SEC charges individuals connected to former iced tea-turned-mining company

According to the regulatory body, an investor was tipped off that the company would be rebranded, a move that resulted in a huge surge in Long Blockchain's stock price. The US Securities and Exchange Commission has filed charges against three people accused of insider trading with the Long Blockchain Company related to changing its name from the Long Island Iced Tea Company.In a Friday announcement, the SEC said Eric Watson, Oliver Barret-Lindsay, and Gannon Giguiere were facing charges in the US District Court for the Southern District of New York for their role in trades connected to rebranding a beverage business to a blockchain firm, which caused the company’s stock price to rise significantly.

Capital International purchased $600M in MicroStrategy stock

MicroStrategy’s stock price rose by more than 1.5% to reach $628.44 at the time of publication, making Capital International’s shares worth roughly $600 million. Financial services company Capital International invested more than half a billion dollars into business intelligence firm MicroStrategy stock.In MicroStrategy’s filings to the US Securities and Exchange Commission, or SEC, for the second quarter of 2021, the firm disclosed Capital International Investors has purchased 953,242 shares of its stock.

Legal Expert Weighs Likelihood That Cardano, Dogecoin, Polkadot and Uniswap Will Face Regulatory Action From the SEC

Legal expert and XRP advocate Jeremy Hogan is sharing his outlook on the likelihood that several large-cap digital assets will face future securities lawsuits from the US Securities and Exchange Commission (SEC).

First Midwest Bank Trust Division increases Grayscale Bitcoin Trust holdings by 283%

A report on the firm's holdings to the SEC for Q2 2021 revealed the bank's trust division had 29,498 shares in Grayscale's Bitcoin Trust, worth more than $880,000. Illinois-based financial services company First Midwest Bank’s trust division has reported it held 29,498 shares of Grayscale’s Bitcoin Trust as of the second quarter of 2021. According to an institutional investment manager holdings report filed by the First Midwest Bank Trust Division to the US Securities and Exchange Commission, the company increased its shares of Grayscale’s Bitcoin (BTC) Trust by more than 283% over that of the first quarter of 2021, from 7,693 shares at the end of March to 29,498 shares in two separate lots on June 30.

Sen. Warren queries SEC chair on lack of crypto investor protection

The former presidential candidate has written to the SEC chairman for answers about plans for crypto consumer protection protocols in the United States. Democratic Senator and former US presidential aspirant Elizabeth Warren has once again raised alarms about the current regulatory climate for crypto in the country.According to Reuters, Senator Warren has written to Gary Gensler, chairman of the US Securities and Exchange Commission (SEC), demanding answers about the scope of the SEC's crypto oversight in the area of consumer protection.In a statement issued by Senator Warren, the chair of the Subcommittee on Economic Policy bemoaned the lack of protection for crypto investors against the activities of rogue actors, adding:"These regulatory gaps endanger consumers and investors and undermine the safety of our financial markets.

SEC Delays SkyBridge Capital Bitcoin ETF Decision Until August

The US Securities and Exchange Commission has pushed back the review period for SkyBridge Capital’s proposed Bitcoin ETF to August 25.

SEC Readies to Settle with BitConnect Promoters - Judge

The US Securities and Exchange Commission (SEC) is expected to settle with the promoters of the infamous BitConnect exchange who had helped the platform raise more than USD 2bn through their YouTube videos. US Judge John G.

SEC closes in on settlements with US BitConnect promoters for millions

Four of six US-based promoters of the notorious BitConnect Ponzi scheme have reached settlement agreements with the SEC. The US Securities and Exchange Commission (SEC) is nearing settlements with four US-based individuals accused of promoting the multi-billion dollar crypto Ponzi scheme, BitConnect.According to Law360, the terms of the settlements are currently awaiting final approval from Judge John Koeltl.

Facing $70M in fines from regulators, Robinhood files for IPO

The US Financial Industry Regulatory Authority delivered its biggest financial penalty against the trading app on Wednesday, and Robinhood still reportedly faces scrutiny from the SEC regarding its business practices. Stock and cryptocurrency trading app Robinhood has filed an application with the US Securities and Exchange Commission for an initial public offering.In a Form S-1 registration statement filed Thursday with the SEC, Robinhood said it intended to move forward with an initial public offering its Class A common stock.

Banking Giant Morgan Stanley Purchases 28,289 Shares of Grayscale Bitcoin Trust

According to the US Securities and Exchange Commission's document, the US leading investment bank Morgan Stanley is buying 28,289 shares of Grayscale Bitcoin Trust through its European Opportunity Fund.

SEC Moves To Block Ripple From Questioning Former SEC Director William Hinman

The US Securities and Exchange Commission (SEC) is attempting to block Ripple from calling upon the SEC’s former director of division of corporate finance to testify in the ongoing lawsuit between the two entities.

SEC Delays Robinhood IPO Over Questions Concerning the Company’s Crypto Business: Report

Robinhood Markets Inc., the American financial services company headquartered in Menlo Park, California, has seen its initial public offering (IPO) delayed by the US Securities and Exchange Commission (SEC).

SEC accuses XRP Army of issuing 'false statements' against its leadership on social media

The commission argued that Ripple’s motion, if granted, would open the floodgates for the company to request testimony from high-ranking government officials. The ongoing lawsuit between Ripple Labs and the US Securities and Exchange Commission, or SEC, continues with the regulatory body claiming that XRP token holders are targeting its members on social media platforms with allegedly false statements.In a Thursday motion addressed to Judge Sarah Netburn in the Southern District of New York, the SEC has requested a conference to discuss quashing the motion from Ripple to subpoena the former director of the regulatory body’s division of corporation finance, William Hinman.

It is really in Ripple's best interest to 'behave' because...

Ripple Labs, its executives, and XRP have consistently been on the radar over the past six months, primarily because of the ongoing lawsuit against the US Securities and Exchange Commission.

New Investments, Miner Migration, US Treasury Nominee on Crypto + More News

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. _____ Investments news Investment firm VanEck filed a new draft prospectus for a bitcoin (BTC) futures mutual fund with the US Securities and Exchange Commission (SEC).

SEC Looks To Implement New Crypto Regulations, Says Commissioner Hester Peirce

Hester Peirce, Commissioner of the US Securities and Exchange Commission (SEC), is hinting that new crypto regulations may be around the corner.

Ripple Settlement Coming? Legal Expert Reveals When XRP Lawsuit Could Conclude

Crypto legal expert and Ripple supporter Jeremy Hogan is hinting at when the San Francisco-based payments company’s lawsuit with the US Securities and Exchange Commission (SEC) may conclude.

Not Just XRP? Legal Expert Says SEC Could Target Two Additional Altcoins

US attorney Jeremy Hogan says he believes the US Securities and Exchange Commission (SEC) may target two additional altcoins after launching its battle with payments giant Ripple over the alleged illegal sale of XRP as an unregistered security.

SEC to Provide Clarity on Token Distribution, Crypto-Based ETPs - Hester Peirce

Source: A screenshot, Youtube/CNBC Television Many industry observers expect the US Securities and Exchange Commission (SEC) to tighten its regulatory grip over cryptoassets, but the move could also bring more clarity to the markets, according to Hester Peirce, one of the five SEC commissioners. “With respect to what we’re going to do at the SEC, I hope that we can provide clarity in a few

SEC Seeks Commentary From ‘Interested’ Individuals on Vaneck Bitcoin ETF

The US Securities and Exchange Commission (SEC) is currently seeking additional commentary from the public, as the regulating body ponders the Vaneck bitcoin exchange-traded fund (ETF) decision.

How has XRP's price fared?

As Ripple registers small wins in its case against the US Securities and Exchange Commission [SEC], the XRP market has been holding its own on the price charts.

Ripple Nabs New Legal Victory in XRP Lawsuit As Judge Denies SEC Access to Documents

Ripple just nabbed a new legal victory in its battle with the US Securities and Exchange Commission (SEC).

VanEck Bitcoin ETF: SEC delays decision and additionally seeks public comment

The US Securities and Exchange Commission has a history of delaying the approval of Bitcoin ETFs.

SEC opens to comments on whether to approve VanEck Bitcoin ETF

The filing came before the commission's June 17 deadline to approve or disapprove of the Bitcoin ETF following an extension in April. The US Securities and Exchange Commission has issued an order allowing the public to comment on the proposed rule change surrounding the Bitcoin exchange-traded fund from asset manager VanEck.According to a Wednesday filing from the SEC, the regulatory body has not yet reached a decision on whether to approve or disapprove of VanEck’s Bitcoin exchange-traded fund, or ETF, but “seeks and encourages interested persons to provide comments” on the proposal. Specifically, the commission is asking the public to consider whether they believe the Bitcoin ETF would be susceptible to manipulation and designed to prevent fraudulent and manipulative acts and practices.The SEC also asked people to weigh in on “the suitability of Bitcoin as an underlying asset for an exchange-traded product,” and the liquidity and transparency of the Bitcoin (BTC) market. Existing rules require that national securities exchanges are aimed to “protect investors and the public interest.”Anyone interested in commenting on the proposed Bitcoin ETF will have until 21 days after the order is published in the Federal Register, and 35 days after publication in the same register for rebuttals.

SEC Leaves Bitcoin and Cryptocurrency Off Regulatory Agenda 2021

The US Securities and Exchange Commission (SEC) has released its regulatory agenda which does not mention bitcoin or cryptocurrency regulation.

MicroStrategy To Sell $1B in Stock for More Bitcoin

MicroStrategy Inc. (MSTR) filed a shelf registration to the US Securities and Exchange Commission (SEC) on Monday, intending to sell as much as $1 billion in common shares for general purpose, including purchasing more Bitcoin.