[Apr 25, 2023 6:48 AM] The South Korean district court recently dismissed security violation charges against Terra co-founder Hyun-seong Shin, deeming LUNA as non-security under Korea’s Capital Markets Act.
[Apr 25, 2023 6:08 AM] The latest price moves in bitcoin (BTC) and crypto markets in context for April 25, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
[Apr 24, 2023 6:42 PM] Coinbase is looking to force the United States Securities and Exchange Commission to respond to its rulemaking petition seeking rules for the crypto industry, a request that’s been pending since July.
[Apr 24, 2023 6:00 PM] The filing is a preemptive move by the crypto exchange to argue that the SEC's approach doesn't provide sufficient regulatory guidance for U.S. crypto firms.
[Apr 24, 2023 11:30 AM] Amidst the allegations against Do Kwon, the co-founder of Terraform Labs, a recent report by the Korean Sunday News has revealed that the Seoul Southern District Court has ruled in favor of LUNA, now renamed LUNC, by stating that it is not a…
[Apr 24, 2023 4:59 AM] The SEC cannot regulate digital assets involved in the case as the UST stablecoin is a currency, not a security, lawyers for the disgraced crypto executive said.
[Apr 23, 2023 9:50 PM] Hydrogen Technology Corp. and its former CEO will pay $2.8 million in fines and remedies for allegedly operating a price manipulation scheme.
[Apr 22, 2023 3:30 PM] Attorneys defending the co-founder of Terraform Labs, Do Hyeong Kwon, also known as Do Kwon, have presented their argument that says the U.S. Securities and Exchange Commission (SEC) has no jurisdiction in the matter. The legal team asserts that…
[Apr 22, 2023 12:02 AM] Kwon's lawyers claimed that the SEC failed to prove the alleged defrauding of US investors in connection with Terra’s $40 billion collapse of TerraUSD (UST) and Luna (LUNA).
[Apr 21, 2023 6:24 AM] The latest price moves in bitcoin (BTC) and crypto markets in context for April 21, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
[Apr 20, 2023 1:00 PM] The U.S. Securities and Exchange Commission (SEC) is advising brokers and investment advisers that they need to use heightened scrutiny when it comes to making crypto recommendations to ensure the risky products are in the best interests of their…
[Apr 19, 2023 7:30 PM] The chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, would not answer a direct question in a congressional hearing about whether ether is a security. While the SEC chair insisted that the law is clear on crypto…
[Apr 19, 2023 11:00 AM] Ethereum prices are free-falling less than 24 hours after Gary Gensler, the chairperson of the United States Securities and Exchange Commission (SEC), was put to task on whether ETH, the native cryptocurrency of Ethereum, was a security or a…
[Apr 19, 2023 2:30 AM] A U.S. lawmaker has announced that he is introducing legislation to remove the Securities and Exchange Commission (SEC) chairman in order to “correct a long series of abuses.” The SEC, under Chair Gary Gensler, has been heavily criticized for…
[Apr 19, 2023 2:05 AM] Securities and Exchange Commission Chair Gary Gensler refused to say whether ether, the second-largest cryptocurrency by market cap, was a security during a nearly five-hour hearing Tuesday.
[Apr 18, 2023 4:29 PM] The House Financial Services Committee has finally unveiled its stablecoin legislation, proposing a framework for stablecoin issuers such as Circle and Tether to define how their offerings can be regulated by state and federal entities, while…
[Apr 18, 2023 3:29 PM] Five experts will testify at a hearing titled “Understanding Stablecoins’ Role in Payments and the Need for Legislation,” with two of them releasing their scripts in advance.
[Apr 18, 2023 1:02 PM] Crypto firms are using the major questions doctrine as a way to fend off regulators, Jason Gottlieb, a partner at Morrison Cohen LLP, said.
[Apr 18, 2023 11:30 AM] According to the recent complaint by the U.S. Securities and Exchange Commission (SEC) against Bittrex, the securities regulator insists that a few crypto asset tokens were offered and sold as investment contracts and are securities. The news…
[Apr 18, 2023 11:30 AM] At a London fintech conference, CEO Brian Armstrong disclosed that Coinbase might consider leaving the U.S. due to the lack of regulatory clarity in the country.
[Apr 18, 2023 7:56 AM] Republicans on the House Financial Services Committee sent a letter criticizing Securities and Exchange Commission Chair Gary Gensler and his repeated entreaties to crypto companies to "come in and register" moments before a congressional hearing…
[Apr 17, 2023 10:40 AM] The U.S. Securities and Exchange Commission has filed a complaint against the Seattle-based exchange as Bittrex prepares to stop offering services in the United States.
[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…
[Apr 17, 2023 9:10 AM] The market capitalization of Tether is nearly a billion dollar away from reaching a new lifetime peak while rival stablecoins struggle.
[Apr 17, 2023 8:11 AM] The U.S. Securities and Exchange Commission (SEC) alleged that crypto exchange Bittrex simultaneously operated a national securities exchange, broker and clearing agency in violation of federal statutes. Former CEO Bill Shihara and Bittrex Global…
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