AD
News Explorer — SEC's Crypto Crackdown Has Caused Unrest, Leading to Companies to Look Beyond US Borders
Generated by AI, curated by humans
Jun 9, 12:24 pm
Decrypt
SEC's Crypto Crackdown Has Caused Unrest, Leading to Companies to Look Beyond US Borders
SEC Chair Gary Gensler has highlighted the "many problems" in the crypto industry, urging for further investor protections. He has pointed to cases of exchanges offering securities without registering them with the SEC, as well as instances of fraud and manipulation. Companies such as Galaxy Digital and Ripple have expressed frustration with the confusing regulatory environment, leading to some considering options beyond America’s borders.
SEC Chair Gary Gensler has highlighted the "many problems" in the crypto industry, urging for further investor protections. He has pointed to cases of exchanges offering securities without registering them with the SEC, as well as instances of fraud and manipulation. Companies such as Galaxy Digital and Ripple have expressed frustration with the confusing regulatory environment, leading to some considering options beyond America’s borders.
Latest
Sep 22, 6:39 pm
Decrypt
Bitcoin Critic Senator Menendez Charged With Bribery
U.S. Senator Robert Menendez has been charged with bribery, allegedly accepting gold, cash, and mortgage payments from t... Read Summary
Sep 22, 5:46 pm
Decrypt
Gucci's Latest Fashion Show Is Now in Roblox Too
Gucci's new creative director, Sabato de Sarno, made his runway debut at Milan Fashion Week, and now the luxury brand ha... Read Summary
Sep 22, 2:46 pm
Blockworks
Google Cloud's Analytics Service Now Supports Polygon, Avalanche, More
Google Cloud has expanded its data support for blockchains by adding 11 more blockchains to its public data sets on BigQ... Read Summary
Sep 22, 12:10 pm
Decrypt
FTX Claims Are Being Traded for 35% of Debt Value
Investors are actively trading FTX debts in an unregulated market for bankruptcy claims, with debts trading at around 35... Read Summary
Sep 22, 12:07 pm
Protos
Nansen Blames Unnamed Third-Party for Security Breach
Nansen, a blockchain analytics firm, experienced a security breach due to a third-party vendor, resulting in 6.8% of its... Read Summary
Sep 22, 11:55 am
Protos
Bitcoin Ordinals Creator Draws Backlash for Renumbering Proposal
Casey Rodarmor, the creator of Bitcoin Ordinals protocol, is facing backlash for wanting to renumber the ordinal numbers... Read Summary
Sep 22, 11:07 am
Decrypt
FTX Sues Former Hong Kong Affiliate Employees
FTX, the bankrupt crypto exchange, has filed a lawsuit against four former employees of its affiliate, Salameda, accusin... Read Summary
Sep 22, 10:40 am
The Block
Ethereum's Dencun Network Upgrade Could Be Delayed Into 2024
The launch of Ethereum's Deneb-Cancun upgrade, aimed at addressing scalability issues, may be delayed until early next y... Read Summary
Sep 22, 10:21 am
The Block
Ethereum Network Activity 'Disappointing' After Merge, Says JPMorgan: Report
JPMorgan analysts have reported that Ethereum's network activity has fallen short of expectations following the Shanghai... Read Summary
Sep 22, 10:28 am
Decrypt
Binance, CEO Zhao File to Dismiss SEC Lawsuit
Binance and its CEO, Changpeng Zhao, have filed a motion to dismiss the SEC's lawsuit against them, arguing that the SEC... Read Summary
Sep 22, 9:44 am
Coindesk
Bybit to Suspend UK Operations From October 1
Crypto exchange Bybit has announced that it will suspend its operations in the UK due to regulatory changes. Starting fr... Read Summary
Sep 22, 9:20 am
Decrypt
Nansen Users’ Blockchain Addresses Exposed in Security Breach
Crypto analytics platform Nansen experienced a security breach after one of its third-party vendor's systems was comprom... Read Summary
Sep 21, 9:01 pm
The Block
FTX Founder Won't Be Released Before Trial
Former FTX CEO Sam Bankman-Fried's appeal to be released from jail ahead of his trial has been denied by a U.S. Court of... Read Summary
Sep 21, 9:29 pm
Decrypt
UK Regulator Sends 'Final Warning' to Crypto Firms
The UK's Financial Conduct Authority (FCA) has warned crypto businesses to comply with new financial promotion rules, bu... Read Summary
Sep 21, 7:56 pm
Coindesk
Sam Bankman-Fried's Planned Witnesses Barred From Testifying
Judge Lewis Kaplan has granted the U.S. Department of Justice's motion to block all proposed witnesses from testifying a... Read Summary
