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SEC Charges Shapeshift AG for Unregistered Operations, Sparking Debate on Crypto Regulation with Commissioners Peirce and Uyeda Dissenting
The U.S. Securities and Exchange Commission (SEC) is accusing Shapeshift AG of not properly registering, sparking a debate about cryptocurrency regulation. SEC Commissioners Hester Peirce and Mark Uyeda are criticizing the SEC's approach, suggesting they disagree with its current methods.... -
Ethereum Co-founder Vitalik Buterin’s ENS Domain “vitalik.eth” Transacts $100,000 Worth of Ether into Stablecoins
The Ethereum Name Service (ENS) domain "vitalik.eth" recently exchanged $100,000 worth of ether for an equal value of stablecoins on the Base blockchain. This suggests that someone associated with Ethereum co-founder Vitalik Buterin conducted this transaction. As a result, Buterin's... -
Rapid Growth of Cryptocurrency Holdings in Australian Self-Managed Super Funds Reflects Increasing Interest in Retirement Portfolio Diversification
Australian self-managed super funds have seen a notable increase in the worth of their cryptocurrency holdings, going from about $159 million to over $650 million in just three years. This shows that more Australians are interested in putting some of... -
Why Buying a Car is (Almost) Always Better Than Leasing
When it comes to driving a car, there are several options. Choosing to buy or lease is usually the first thing people consider. And while leasing certainly has its attractive perks, it’s rarely the best option. Most people decide they’re... -
SEC Delays Decision on Opening Up Options Trading for Spot Bitcoin ETFs
The U.S. Securities and Exchange Commission (SEC) has delayed its decision to allow options trading for spot Bitcoin exchange-traded funds (ETFs). This postponement grants additional time for bid review from Cboe Exchange, Nasdaq, and the Miami International Securities Exchange, which... -
DCG, Barry Silbert Take Stand Against NYAG’s Allegations, File to Dismiss $3 Billion Lawsuit
DCG and its CEO, Barry Silbert, have firmly rejected the New York Attorney General's Office (NYAG) allegations, dismissing them as unfounded and lacking concrete evidence. This confrontation may significantly influence the trajectory of the cryptocurrency industry. DCG, Silbert Move to... -
Coinbase Challenges SEC’s Classification of Crypto as Securities in Ongoing Legal Battle
Coinbase, the leading US cryptocurrency exchange, has challenged a Securities and Exchange Commission (SEC) ruling that classified secondary sales of crypto assets as securities transactions. The cryptocurrency firm argued that the proceedings needed to be properly examined. Coinbase Attorney Challenges... -
Virginia Sets Stage for Crypto and Blockchain Growth with Passage of Crypto Bill
The Virginia Senate has passed a landmark bill that would advance and create a better understanding of the blockchain sector in the state. More specifically, the bill would authorize a work group to research crypto mining and the blockchain sector... -
Legal Battle: Powerful Bitfinex Investor Sues Wall Street Journal
A legal battle unfolded when cryptocurrency investor Christopher Harborne sued The Wall Street Journal (WSJ) for defamation. The lawsuit stemmed from a WSJ expose that accused Harborne and his company AML Global Ltd of financial misconduct. Despite corrections made to... -
State AGs Show Support for Kraken, File Legal Opinion Against the SEC
Multiple state attorneys general (AGs) have rallied behind the crypto exchange Kraken, challenging the US Securities and Exchange Commission (SEC) for overstepping its bounds. The AGs argue that the SEC’s actions could endanger consumers and stifle innovation in the crypto...