Crypto

The SEC has approved the first leveraged cryptocurrency ETF in the United States, which will allow customers to gain bitcoin exposure by putting up only half the value of the bitcoin. The ETF is set to launch on Tuesday and corresponds with the CME Bitcoin Futures Daily Roll Index. The Read more…

The chair of the U.S. Securities and Exchange Commission on Thursday strongly rebutted criticism that the agency is trying to crush the crypto industry, and said many companies in the space had made a “calculated economic decision” to flout its rules. Speaking at a Piper Sandler conference in New York, Read more…

The U.S. Securities and Exchange Commission (SEC) has filed an emergency motion seeking to freeze the assets of Binance’s U.S. platform and repatriate the funds held by its customers, including both fiat currency and cryptocurrencies. The freezing order only applies Binance’s two U.S. holding companies, not to the non-U.S. regulated Read more…

The Securities and Exchange Commission sued crypto exchange Coinbase in New York federal court on Tuesday morning, alleging that the company was acting as an unregistered broker and exchange and demanding that the company be “permanently restrained and enjoined” from continuing to do so. From a report: Coinbase’s flagship prime Read more…

European Union states on Tuesday gave the final nod to the world’s first comprehensive set of rules to regulate cryptoassets on Tuesday, piling pressure on countries such as Britain and the United States to play catch up. An EU finance minister meeting in Brussels approved rules that were thrashed out Read more…

The Securities and Exchange Commission has issued a response to Coinbase’s complaint requesting that the agency establish regulatory clarity for the industry. In an April mandamus petition, Coinbase demanded federal courts to instruct the SEC to act and issue clear guidelines for crypto exchanges and companies. In its response, released Read more…