SEC Reportedly Monitoring Circle’s Exposure to SVB, USDC Stablecoin Considered Security
SEC has reportedly been monitoring Circle's exposure to at-risk banks, particularly Silicon Valley Bank.
Pantera Funds Among Firms Listed in Leaked 'SVB Private Fund List Diligence Express'
Pantera Advisors LLC manages four funds with a combined Private Fund Gross Asset Value of over $567 million.
Coinbase Reiterates That Staking Services Will Continue, Despite SEC Crackdown
Despite the recent crackdown by the U.S. Securities and Exchange Commission (SEC) on staking services offered by centralized providers, Coinbase has reiterated to customers that its staking services will continue, and “may actually increase.”
US SEC Alleges BKCoin and Its Co-founder for Running a $100 Million Crypto Scam
The US Securities and Exchange Commission (SEC) filed an emergency action against the Miami-based financial advisor firm – BKCoin Management LLC – and its Co-Founder Kevin Kang, claiming they have defrauded investors with $100 million via a fraudulent crypto scheme.
SEC Denies VanEck Bitcoin Spot ETF for a Third Time; Commissioners Dissent
The U.S. Securities and Exchange Commission (SEC) has once again rejected VanEck’s proposal for a Bitcoin spot ETF, according to a March 10 filing.
Rapper the Game’s Crypto Startup Gets Registration Revoked
A crypto startup backed by the American rapper Jayceon Terrell Taylor, better known as “The Game,” had its registration revoked by the United States Securities and Exchange Commission (SEC) for violating securities laws after failing to file periodic reports.
CFTC Chair Calls Ethereum a Commodity, in Contrast to SEC Chair Gensler’s Position
Chairman of the Commodities and Futures Trading Commission (CFTC) Rostin Behnam has called Ethereum a commodity and not a security, in apparent contrast to U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler who has consistently argued that every cryptocurrency other than Bitcoin falls under securities laws.
PCAOB Warns Investors Not to Trust Third-Party Verification or Proof-of-Reserves Reports
PCAOB pointed out that PoR (Proof of Reserves) Reports are not on par with, nor more thorough than, an audit, and they do not comply with PCAOB auditing standards.
Grayscale’s Sonnenshein Left ‘Encouraged’ After Hearing in SEC Case
Grayscale Chief Executive Officer Michael Sonnenshein is optimistic following a hearing over the Securities and Exchange Commission's rejection of his firm's application for a spot bitcoin ETF.
Judge Approves Voyager’s Deal With Binance.US, Snubs SEC
In an unexpected turn of events, Voyager Digital has received the court’s approval to go through with their deal with Binance US, according to Bloomberg. The deal would allow Voyager’s investors to recoup between 50-73% of their holdings, contingent on the outcome of Alameda’s lawsuit against Voyager – and the recent appreciation in the value of crypto assets nearly across the board.
