Kraken's dismissed lawsuit came without admission of wrongdoing, penalties paid or alterations to Kraken's business model.
The SEC has officially dropped its lawsuit against Kraken today, ending what had been a high-profile battle between US regulators and the crypto exchange. The agency dismissed the case with prejudice, meaning it cannot be refiled.
The U.S. Securities and Exchange Commission (SEC) has dropped its lawsuit against cryptocurrency exchange Kraken, the company confirmed Monday, ending a high-profile regulatory battle over allegations of operating as an unregistered securities platform.
CryptoQuant CEO Ki Young Ju has voiced concerns over the United States' growing influence in crypto, suggesting that the country may be leveraging digital assets to serve its national interests.
The U.S. Securities and Exchange Commission (SEC) has withdrawn its case against Kraken exchange without fines or admission of violations.
Uphold users in the US can once more earn crypto staking rewards, while the exchange also revealed its novel US Crypto Reserve Basket. The post Uphold Relaunches Staking in the US, Reveals US Crypto Reserve Basket appeared first on Cryptonews.
The dropped lawsuit follows dismissals of other SEC lawsuits and investigations against other cryptocurrency companies like Coinbase and Gemini.
In a high-stakes trading maneuver, a mysterious crypto trader on the decentralized exchange Hyperliquid turned $5.6 million into a massive market position, raising suspicions of potential insider trading.
Kraken called the SEC's decision to drop the case a “turning point for the future of crypto in the U.S.” in a Monday blog post
Coinbase has filed a Freedom of Information Act request to uncover the U.S. Securities and Exchange Commission's spending on non-fraud crypto investigations and enforcement actions under former Chair Gary Gensler.
David Sacks, recently appointed by Donald Trump as the "czar" of cryptocurrencies and artificial intelligence, has confirmed that he sold all his crypto assets before taking office. This decision aims to avoid any conflict of interest as he is set to play a key role in American technological regulation.
Australia's government has ruled out creating a crypto reserve, focusing instead on regulation. Australia will not follow the United States in creating a strategic crypto reserve, despite President Donald Trump‘s efforts to make the U.S.
Trump's announcement of a strategic crypto reserve on Mar. 2 ignited a swift and widespread rally that reversed the recent dip in sentiment following Bitcoin's drop below $80,000 last week. While Bitcoin and Ethereum were widely assumed to be the reserve's central components, the initial announcement only mentioned XRP, Solana, and Cardano.
QuickSwap's The Aggregated podcast celebrates 100 episodes, redefining crypto discourse with bold debates, expert insights, and real talk.
We saw a bit of a rally yesterday as folks digested the posts from Trump, who said that we could see SOL, XRP, and ADA — combined with bitcoin and ethereum (and perhaps other, unnamed tokens) — in a strategic reserve.
With Trump's election, America got the nation's first self-described “crypto president,” and on Friday (March 7), the U.S. will get its first crypto summit at the White House, chaired by White House Artificial Intelligence (AI) and Crypto Czar David Sacks. It represents a remarkable turnabout in the U.S. government's approach to digital currencies.
The U.S. SEC has agreed to dismiss its lawsuit against cryptocurrency exchange Kraken. Kraken announced that the U.S. Securities and Exchange Commission plans to dismiss the case with prejudice, meaning the agency cannot bring the same claims again.
Crypto trading platform Coinbase Global Inc. has filed a Freedom of Information Act (FOIA) request as it seeks to uncover how much the U.S. Securities and Exchange Commission (SEC) spent on its crypto enforcement actions in the previous administration. Spotlighted by Paul Grewal, the exchange's Chief Legal Officer said the request is comprehensive and would shed light on how much the crypto litigation cost taxpayers.
TL;DR Over $973 million in tokens will be unlocked between March 3 and March 8 across eight projects, with ENA leading with $855 million. These events coincide with the release of key economic reports in the U.S., including the March 7 jobs report.
TL;DR Crypto funds are facing a record exodus of $3.8 billion in the last three weeks, creating uncertainty in the market and leaving many investors concerned. Bitcoin bore the brunt of the losses, with $2.59 billion in outflows, while Ethereum also saw negative flows, and other altcoins followed a similar downward trend.
The bitcoin miner held over 10,000 bitcoin at the end of last year.
President Donald Trump revealed plans Sunday to establish a U.S. strategic cryptocurrency reserve, including bitcoin (BTC), ethereum (ETH), solana (SOL), XRP, and cardano (ADA), in a move his son says could redefine global financial systems.
Binance is set to delist nine stablecoins, including USDT and DAI, for European users on March 31, in compliance with MiCA regulations. As a result, specific stablecoin trading pairs will be inaccessible within the European Economic Area (EEA), impacting users' ability to trade and hold these assets. The post Binance to Delist Non-MiCA Compliant Stablecoin Trading Pairs for EEA Users by March 2025 appeared first on Cryptonews.
An Amazon CEO and the third richest man in the world, Jeff Bezos, who bought the third biggest newspaper in the U.S., The Washington Post, in 2013, announced restrictions on the policy of the opinion segment of the newspaper.
The United States Securities and Exchanges Commission (SEC) has made another crypto-friendly move.
Kraken said on Monday that the U.S. Securities and Exchange Commission agreed in principle to dismiss its civil lawsuit against the cryptocurrency exchange.
Coinbase is requesting a record of how much the Securities and Exchange Commission spent on enforcement actions under former Chair Gary Gensler.
Crypto exchange Kraken says that the SEC will drop its lawsuit, following similar moves in cases against Coinbase, Robinhood, and more.
In another major development for the crypto industry, the US Securities and Exchange Commission (SEC) has agreed to drop the Kraken lawsuit with prejudice. This comes just days after the Commission dropped the Coinbase lawsuit with prejudice.
Crypto market cap rose by more than $340 billion within less than 24 hours. Trump's new announcement mentioning 5 cryptocurrencies in crypto strategic reserve is behind the market surge.
The US Securities and Exchange Commission (SEC) has agreed to drop its lawsuit against Kraken, marking a major reversal in its approach to crypto enforcement.
The U.S. Securities and Exchange Commission (SEC) has agreed in principle to drop its lawsuit against the Kraken exchange.
The dismissal may encourage clearer crypto regulations, fostering innovation and investment while ensuring the US remains competitive globally. The post SEC to drop lawsuit against Kraken without penalties appeared first on Crypto Briefing.
Coinbase exchange seeks SEC records on spending for cryptocurrency investigations and enforcement actions over the past four years.
Trump's crypto reserve plan pushes the market past $3 trillion, but skepticism remains over long-term impact.
Navigating the UAE's crypto ecosystem means decoding a maze of acronyms — SCA, VARA, DMCC, ADGM and more.
President Donald Trump has announced the creation of a “Crypto Strategic Reserve” that will include five digital assets.
Football icon Ronaldinho's new STAR10 cryptocurrency promises exclusive fan experiences, but security experts have identified risks including initial burn functions and suspicious wallet activity.
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Trump's reserve announcement raised further questions over asset allocations, how it would be funded and how likely it is to be enacted.
Global cryptocurrency exchange-traded products (ETPs) saw $2.9 billion in outflows last week led by Bitcoin, totaling over $3.8 billion across three weeks.
Colombian lawmakers have introduced a bill to regulate the country's crypto sector, El Colombiano reported on March 3. According to the report, Senator Gustavo Moreno and House Representative Julian Lopez submitted the proposed legislation to Congress on March 3.
Ethical hacker Marwan Hachem told Cointelegraph that an “out of scope” bug led to the biggest hack in crypto history.
Bitcoin, Ethereum, XRP, Solana (SOL), and Cardano (ADA) crypto prices all soared on Sunday after President Trump said the US would establish a strategic crypto reserve. Which coins should you buy? The post Here's the Best Coins to Buy in the US Strategic Crypto Reserve appeared first on Cryptonews.
Trump said Sunday that XRP, SOL, and ADA, along with BTC and ETH, will be included in the proposed crypto reserve.
Uphold has brought back its staking services for U.S. customers, following a change in the regulatory environment that seems more favorable to digital assets.
US President Donald Trump announced that Bitcoin, Ethereum, XRP, Solana, and Cardano would be part of the proposed Crypto Strategic Reserve, causing their prices to rally. This new initiative could influence the market further, and other cryptos like DOGE, SUI, and LINK may also be added to the reserve.
US President Donald Trump announced yesterday that altcoins will be included in the government's crypto strategic reserve. It's an interesting move that has been met with mixed reactions.