Crypto and Laws
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Janet Yellen claims crypto industry needs ‘additional regulation’ to plug ‘holes’
U.S. Treasury Secretary Janet Yellen said there is a need for “additional regulation” to ensure consumers and investors are protected...
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SEC’s probe on Binance.US was initiated in 2020, recent court filings reveal
Binance.US, the American arm of the global cryptocurrency exchange Binance, is under investigation by the U.S. Securities and Exchange Commission...
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US senators aim at SEC, call for crypto regulatory clarity amid Coinbase lawsuit
In a surprising turn of events, two prominent US senators have come forward to criticize the Securities and Exchange Commission (SEC) for its...
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Woo: “Binance customers don’t care” about SEC enforcement action
On-chain Analyst Willy Woo has said, “Binance customers don’t care” about recent enforcement actions by the Securities Exchange...
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U.S. Court orders SEC to respond to Coinbase’s rulemaking petition within seven days
The United States Court of Appeals for the Third Circuit has ordered the U.S. Securities and Exchange Commission (SEC) to clarify its stance on a...
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Seven bombshells from the SEC’s Coinbase suit
On June 6, the U.S. Securities and Exchange Commission (SEC) filed charges against Coinbase , alleging that the company violated securities...
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Binance, Coinbase CEOs together lost $1.7B of personal wealth after SEC charges
The CEOs of Binance and Coinbase lost part of their personal wealth in the aftermath of SEC charges, Bloomberg said on June 6 . Execs gained...
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SEC requests asset freeze on Binance.US amidst lawsuit alleging compliance failures
The U.S. Securities and Exchange Commission (SEC) has taken legal action against Binance.US, Binance Global, and Binance CEO Changpeng Zhao,...
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SEC requests restraining order to temporarily freeze Binance.US assets
The U.S. Securities and Exchange Commission (SEC) filed a motion requesting a restraining order against Binance.US on June 6 . That request...
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Coinbase and Robinhood take center stage in Congress to champion regulatory clarity for crypto
In a groundbreaking move, top executives from Coinbase and Robinhood and representatives from the United States commodities regulator will convene...
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Coinbase CEO Brian Armstrong hits back at SEC lawsuit on social media
Coinbase CEO Brian Armstrong spoke out against the SEC’s decision to file a lawsuit against the exchange. The SEC’s charges, filed...
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New Jersey, Alabama securities regulators take action against Coinbase following SEC lawsuit
The New Jersey Office of the Attorney General and the Alabama Securities Commission took action against Coinbase on the same day the Securities...
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Crypto law firm Gresham advises against US presence, cites unfavorable regulatory environment
Crypto law firm Gresham International has advised crypto firms not to have a presence within the United States, considering the country’s...
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SEC sues Coinbase, alleges multiple securities law violations
The U.S. Securities and Exchange Commission (SEC) is suing Coinbase, America’s biggest cryptocurrency exchange, for allegedly...
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Crypto industry exposed as major source of tax evasion
Members of the United States Congress, Brad Sherman, and Stephen Lynch have written a letter to Treasury Secretary Janet Yellen and IRS...