The U.S. SEC is close to ending its landmark case against Coinbase amid a 180 turn in the commission's crypto regulatory approach.
The crypto giant has reached an agreement with SEC staff to dismiss the lawsuit against them. And the best part?
Cases where digital currency is the means, income, or object of the crime are on the rise, said the Chairperson of Russia's Supreme Court.
The potential dismissal would see an end to the alleged securities law violation lawsuit launched against Coinbase in 2023.
The regulator will vote on whether to approve the agreement next week, with Coinbase CEO Brian Armstrong calling it "hugely vindicating."
In a groundbreaking development, the Securities and Exchange Commission has agreed to drop the case against Coinbase, pending approval from the agency's commissioners. This could be a major legal win for the cryptocurrency industry. The U.S.
The SEC has agreed in principle to dismiss its lawsuit against Coinbase, marking a major legal win for the exchange and a turning point for US crypto regulation.
The SEC's potential dismissal of the Coinbase lawsuit could accelerate legislative efforts to establish clearer crypto regulations. The post SEC staff agrees in principle to dismiss Coinbase enforcement case, pending Commissioner approval appeared first on Crypto Briefing.
announced Friday that the the Securities and Exchange Commission has agreed to drop its enforcement case against the company, pending the approval of its commissioner.
The SEC has abandoned its legal effort to implement a rule that would have expanded its oversight of decentralized finance (DeFi).
Coinbase said on Friday the U.S. securities regulator planned to withdraw its lawsuit against the crypto exchange, ending a contentious years-long legal battle once considered existential for the trading platform and the broader sector.
CEO of CryptoQuant, says that the much-anticipated altcoin season has begun, but it's defined by trading volume—not the shift of capital from Bitcoin to altcoins.
FTX creditor and advocate Sunil Kavuri shared the list of countries, which includes Russia, China, Egypt, Nigeria and Ukraine.
The company says the commission will vote on a deal negotiated by staff to abandon the enforcement case at the core of the agency's previous crypto stance.
Core Scientific, the second-largest public Bitcoin miner, is now accessible on Arkham, enhancing transparency by identifying over 1,250 Bitcoin addresses associated with the company.
Bybit has made liquidation data public via API, improving transparency for traders after CEO Ben Zhou challenged underreported crypto liquidation figures.
The altcoin market has been depressed for eleven weeks now. Some may be thinking that it's over, that interest in altcoins has switched to Bitcoin, and that the gains of past cycles will never again be matched.
Bankrupt cryptocurrency exchange FTX appears to owe a significant sum of money to creditors in more than twenty countries, including Ukraine.
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The long-awaited altcoin season (alt season) has arrived, according to CryptoQuant CEO Ki Young Ju.
Sam Bankman Fried is among the most disgraced figures in the crypto world. He rose from nothing to a multi-billionaire and founder of the biggest cryptocurrency exchange but lost this stardom after gaining 25 years of imprisonment due to his role in the FTX crash.
Cryptocurrency prices are rising after the U.S. Securities and Exchange Commission's former crypto enforcement unit transitioned into the Cyber and Emerging Technologies Unit and amid dovish comments from Atlanta Fed President Raphael Bostic.
Chainalysis has announced its integration with Unichain, a DeFi-focused Ethereum layer 2, enhancing compliance and investigative capabilities.
Altcoin season is taking an unexpected turn as analysts debate whether the rally has begun or is merely postponed.
Crypto exchange Bybit said Friday that all liquidation data can now be accessible via its enhanced API. Bybit has made its liquidation data publicly available through an upgraded API, weeks after CEO Ben Zhou questioned CoinGlass' Bitcoin liquidation estimates.
Sam Bankman-Fried, the convicted founder of the collapsed FTX exchange, maintains his innocence, claiming political bias influenced his prosecution. In an interview with The New York Sun, he argued that his case was unfairly handled and suggested that his legal troubles stemmed from his shifting political stance.
Binance CEO Richard Teng addressed the global crypto community, issuing a key reminder and a warning about crypto investment.
After 6 years of existence, the Pi network is set to bring a new revolution to the crypto industry. Chengdiao Fan is enthusiastic as she introduces the power of the Pi Network in the new era of open networks.
The jailed FTX co-founder is attempting to rebrand himself as a man wronged by a political system he now rejects.
With new EU regulations requiring stablecoin issuers to be authorized starting in 2025, major crypto platforms like Kraken and Crypto.com are developing their own stablecoins to stay compliant and ensure smooth operations.
How was the fraud discovered? All the details
Ki Young Ju, the CEO of CryptoQuant, has made a bold statement about altcoins amid the early signs of a major rebound in the market. In an update on X, Young Ju shared this with crypto community members.
The cryptocurrency market appears to be entering a new phase, with growing interest in altcoins suggesting a potential shift away from Bitcoin's dominance.
In a significant legal outcome, Sergei Potapenko and Ivan Turõgin, both 40 years old from Estonia, have pleaded guilty to running a large-scale Ponzi scheme involving crypto assets that defrauded “hundreds of thousands” of victims globally.
“If I can hold that, if I can self-custody that, if it pays me interest, and I can actually use it to transact, what do I need a bank for?” – Mike Cagney, CEO of Figure.
Major crypto firms in Hong Kong are in active discussions with the SFC to expand product offerings, including ETF staking.
Kraken has reported a sharp rise in law enforcement and regulatory requests for user data in 2024, marking a 38.6% increase from the previous year.
The Trump administration's first 30 days brought sweeping changes to U.S. crypto policy through executive orders, agency appointments, and regulatory reforms, leading to increased institutional adoption and global market adaptation.
Amid rising anticipation of a new bull run in DeFi tokens in the next altseason, Maker and Lido DAO are emerging as spearheads. However, some big names and smart whales in the industry are quick to exit. What does this mean for your DeFi portfolio?
Kraken saw a huge increase in government and law enforcement data requests in 2024. As per reports, the bulk of these requests came from the United States.
Institutional crypto futures positioning suggests a weakness in demand, the report said.
Balmy, the leading on-chain banking platform, proudly announces the public launch of Earn Guardian, a security protocol that leverages Pre-Attack Intelligence to protect DeFi funds earning yield. This innovation marks a significant step forward in addressing one of DeFi's most critical challenges: safeguarding assets before an attack even happens.
Former FTX CEO Sam Bankman-Fried conducted his first prison interview, seeking a presidential pardon from Trump while maintaining FTX's solvency and criticizing the Biden administration, as the exchange begins repaying customers at 2022 cryptocurrency prices.
The initiative of the BCE: first steps and objectives
The world of cryptocurrency has gained enormous popularity, especially for its high extravaganza and life-changing profits. Some of these happen in the blink of an eye, whereas others may take months or years, depending on various factors, including the crypto investor's skills.
Hong Kong intensifies the application of tokenization technology to enhance market efficiency, cut transaction costs, and create new investment opportunities.
Early Bitcoin adopter Roger Ver faces potential 109-year prison sentence over alleged $48 million tax fraud related to his 2014 U.S. citizenship renunciation and bitcoin holdings, while under house arrest in Spain fighting extradition.
Blockchain and gambling: a growing combination