Lawyer Expects SEC to Lose if It Sues Coinbase Due to ‘Fatal Flaw’ of Gary Gensler’s Own Making
A lawyer has defined why the U.S. Securities and Exchange Commission (SEC) will possible lose if the regulator takes crypto change Coinbase to courtroom over...
Coinbase Shares Wells Response, Challenges SEC’s Change in Attitude Towards Its Core Businesses
On April 27, Coinbase, the crypto alternate primarily based in San Francisco, made public the disclosure of its response to the Wells discover it had...
SEC Charges Crypto Exchange Bittrex With Operating Unregistered Exchange, Broker, and Clearing Agency
After the report revealing that the cryptocurrency change Bittrex had obtained a Wells Notice from the U.S. Securities and Exchange Commission (SEC), the securities regulator...
Bittrex Receives Wells Notice From SEC for Alleged Investor-Protection Law Violations
According to a latest report, the cryptocurrency change Bittrex obtained a Wells discover from the U.S. Securities and Exchange Commission (SEC) in March, signaling a...
SEC Informs Crypto Exchange Coinbase of Potential Securities Law Violations
The U.S. Securities and Exchange Commission (SEC) has despatched Coinbase a “Wells notice” about potential violations of securities legislation. The Nasdaq-listed cryptocurrency trade famous that,...
Coinbase to Suspend Trading of BUSD Amid Regulatory Crackdown
Cryptocurrency change Coinbase introduced it can droop buying and selling and delist the Paxos-managed stablecoin asset BUSD. The determination follows Paxos’ revelation that the New...
BUSD Redemptions Soar Near $290 Million in 8 Hours After NYDFS Consumer Alert
Before Paxos printed a press launch at 6 a.m. Eastern time Monday, the stablecoin BUSD had roughly 16.16 billion tokens in circulation. In the previous...
Paxos Receives Wells Notice from SEC, NYDFS Orders Issuer to Stop Minting BUSD
According to a report revealed on Feb. 12, 2023, the New York-based monetary establishment and expertise firm, Paxos, has acquired a Wells Notice from the...
Coinbase Abandons Plan to Launch Lend Program After SEC Threatens Lawsuit
The Nasdaq-listed cryptocurrency exchange Coinbase has dropped its plan to launch a lending program after the U.S. Securities and Exchange Commission (SEC) threatened to sue...