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Kraken, one of the world's largest cryptocurrency exchanges, was sued on Monday by the U.S. Securities and Exchange Commission, which accused it of illegally operating as a securities exchange without first registering with the regulator.

US SEC sues Kraken crypto exchange over failure to register

The lawsuit in San Francisco federal court is the latest step in SEC Chair Gary Gensler's push to bring cryptocurrency under his agency's purview, by contending that digital assets are i...

9 months ago

Asset manager WisdomTree is attempting to resubmit a spot Bitcoin (BTC) exchange-traded fund (ETF) despite previous rejections.

Fund Manager WisdomTree Reportedly Refiles Spot Bitcoin ETF to SEC

The company filed an amendment with the US Securities and Exchange Commission (SEC), according to Bloomberg ETF analyst James Seyffart. “This just means WisdomTree is still plann...

10 months ago

The officials from Ukraine were trained in tracing crypto transactions over different blockchains using specialized analytics software.

Ukraine officials get training on crypto and virtual assets investigation

Fourteen Ukrainian officials received advanced training on investigating new-age financial crimes in a training course held from Nov. 14 to Nov. 17 in Vienna. According to a repor...

10 months ago

Bora Erdamar from BlockchainIST Center emphasized that upcoming crypto regulations prioritize specific licensing standards to prevent system abuse.

Turkey mulls addressing licensing and taxation in new crypto rule

Turkey is reportedly considering regulations for its crypto market, focusing on licensing and taxation. The aim is to remove the country from the “gray list” of an international fina...

10 months ago

The fund snapped up COIN at an average price of $70.5 in the third quarter, achieving a 40% profit from investment.

South Korea's Pension Fund Bought $20M Coinbase Shares in Q3, Made 40% Profit: Report

South Korean pension fund, National Pension Service (NPS), bought nearly $20 million worth of Coinbase (COIN) shares in the third quarter, local outlet News1 reported, citing the NPS&r...

10 months ago

Franklin Templeton also has an outstanding bitcoin ETF application with a Nov. 17 decision deadline.

SEC Delays Decision on HashDex Bitcoin Spot ETF Application, Grayscale Ether Futures Filing

The U.S. Securities and Exchange Commission (SEC) is delaying a decision on an application by Hashdex to convert its existing bitcoin futures exchange-traded fund (ETF) into a spot veh...

10 months ago

Blockchain infrastructure firm Paxos has obtained a preliminary license from the Monetary Authority of Singapore (MAS) for its new entity.

Stablecoin Issuer Paxos Receives Preliminary Nod from Singapore Regulator

With the in-principal approval, Paxos Digital Singapore, the new entity, will offer digital payment token services to Singaporeans. Further, Paxos announced plans to launch a...

10 months ago

The U.S. Securities and Exchange Commission is scheduled to announce its decisions on two Bitcoin exchange-traded funds (ETFs) by Nov.17, according to Bloomberg Intelligence.

Hongji Feng @hongji-feng 15 November 2023 02:51 EST . 1 min read US SEC to Decide on Two Spot Bitcoin ETFs by Nov. 17

The two ETFs, Hashdex Bitcoin ETF (DEFI) and Franklin Bitcoin ETF, both have a first decision deadline on Nov. 17, 2023, and a second decision deadline on Jan. 1, 2024. As the dates listed repre...

10 months ago

The exchange's valuation in the $110 million round was less than half of its previous $14 billion valuation, according to the report.

Blockchain.com Closes $110M Raise: Bloomberg

Crypto exchange and wallet provider Blockchain.com has closed a $110 million raise, valuing the company at less than half of its previous $14 billion, according to a Bloomberg rep...

10 months ago

Asset manager CoinShares, along with crypto custody joint venture Komainu, are aiming for TradFi standards in derivatives settlement with much-reduced counterparty risk.

Crypto Giant OKX Goes Live With Off-Exchange Derivatives Trading

OKX, the second largest cryptocurrency trading platform, is providing derivatives trading without the counterparty risk associated with assets being held on the exchange, enriching an existing p...

10 months ago