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Etoro Restricts US Crypto Trading to 3 Cryptocurrencies Following SEC $1.5M Fine

[Sep 12 3:16 PM] Etoro USA has agreed to pay $1.5 million to the U.S. Securities and Exchange Commission (SEC) to settle charges of operating as an unregistered broker and clearing agency for crypto trading. Etoro will limit U.S. customers’ trading options to…

Hong Kong’s Largest Online Broker Launches Retail Crypto Trading for 22 Million Users

[Aug 2 6:30 AM] Futu Securities International, Hong Kong’s largest online broker with 21.64 million users, has launched retail cryptocurrency trading. Hong Kong residents can now trade bitcoin and ether in either Hong Kong or U.S. dollars directly through…

Coinbase Offers Unique Exposure to the Long-Term Growth of Crypto: KBW

[Apr 3 2:09 AM] The broker raised its price target to $230 from $160 and maintained its market perform rating.

Judge Denies Coinbase Dismissal Request; CEO Hails Win for Self-Custody Wallets

[Mar 27 10:35 AM] New York Judge Katherine Polk Failla has ruled that the U.S. Securities and Exchange Commission (SEC) has “sufficiently pleaded” its case and the lawsuit will move forward. Legal Battle Ahead: Coinbase Dismissal Motion Rejected by Judge On…

Robinhood to Buy Back SBF’s Stake for Over $605 Million

[Sep 2, 2023 11:30 PM] Online broker Robinhood is going to buy back the stake purchased by a company of crypto exchange FTX founder Sam Bankman-Fried (SBF). The fintech intends to pay $605.7 million for the shares that were transferred to the custody of the U.S…

U.S. Crypto Tax Proposal Lets Miners Off the Hook, Snares ‘Some’ Decentralized Exchanges

[Aug 25, 2023 6:45 AM] The U.S. Treasury Department has finally unveiled its definition of a "broker" for the crypto industry, defining how crypto companies and investors will need to meet tax reporting obligations and answering a years-old question over whether…

Coinbase earnings show the company is now much more than just an exchange

[Aug 4, 2023 2:30 PM] The Coinbase earnings report shows that services and subscriptions are the exchange’s core revenue streams. Is this a positive or a negative?

Coinbase Urges Court to Dismiss SEC Case, Claiming Regulator ‘Overstepped’ Its Statutory Authority

[Aug 4, 2023 11:30 AM] In a motion for judgment filed on August 4, Coinbase hit back against the SEC’s lawsuit alleging it facilitated unregistered trading of securities, arguing the agency lacks authority to regulate digital assets in this way. Coinbase Fights…

Bittrex Requests Dismissal of SEC Lawsuit, Arguing for Congressional Approval in Crypto Regulation

[Jul 2, 2023 9:30 AM] According to a recent court filing, the U.S. subsidiary of Bittrex has requested the dismissal of the case filed against the exchange by the U.S. Securities and Exchange Commission (SEC). Attorneys for Bittrex argue that the SEC cannot regulate…

Bittrex US Allows Fiat and Crypto Withdrawals Amid Bankruptcy Proceedings

[Jun 16, 2023 5:30 PM] Bittrex US, the now-defunct cryptocurrency exchange in the United States, has recently introduced a plan that permits American customers to withdraw crypto and fiat from the platform, provided they satisfy the required regulatory criteria. This…

Robinhood ‘Actively Reviewing’ Listed Coins After SEC Sues Binance and Coinbase

[Jun 7, 2023 3:30 PM] Robinhood is reviewing its crypto offerings after the U.S. Securities and Exchange Commission (SEC) went after major digital assets exchanges. In lawsuits against Binance and Coinbase, the regulator claims that a number of tokens listed by the…

SEC Charges Crypto Exchange Bittrex With Operating Unregistered Exchange, Broker, and Clearing Agency

[Apr 17, 2023 9:51 AM] After the report revealing that the cryptocurrency exchange Bittrex had received a Wells Notice from the U.S. Securities and Exchange Commission (SEC), the securities regulator charged Bittrex and the company’s CEO on April 17 for…

Former Deutsche Bank Investment Banker Charged With Crypto Fraud in US

[Apr 13, 2023 9:00 PM] An investment banker formerly employed by Deutsche Bank has been charged with perpetrating a crypto-related fraud. The man from Brooklyn has been accused of misappropriating funds from victims whom he promised large returns on cryptocurrency…

Fidelity Begins Opening Retail Bitcoin Trading Accounts

[Nov 28, 2022 1:26 PM] Certain users have received emails detailing their new access to purchase and sell bitcoin on the Fidelity platform.Fidelity, one of the world’s largest financial services providers, has officially started opening retail bitcoin trading…