Fear Grips Crypto Investors as Gary Gensler Asks For Multi-million Dollar Funding

For the longest time, the crypto industry has suffered from legal or regulatory wars waged against them. In most cases, these issues usually come from the government and through commissions. Especially in the United States, Gary Gensler and the Securities…

SEC seeking court Approvals to Freeze Binance US Crypto Assets

In a significant move, the U.S. Securities and Exchange Commission (SEC) is actively seeking court approval to freeze cryptocurrency assets associated with Binance US. This action, aimed at ensuring customer asset safety, underscores the SEC’s commitment to regulatory oversight in…

US Court Sets 10-day Deadline for SEC to Respond to Coinbase’s Petition for Clear Crypto Regulations

The US Third Circuit Court has granted Coinbase’s request for a response from the Securities and Exchange Commission (SEC) regarding its rulemaking petition, giving the agency a strict 10-day deadline. Coinbase initially filed a petition in July 2022, urging the…

Crypto Just Found Powerful Allies in Congress, Gensler Under Fire

Members of the U.S. Congress grilled the Securities and Exchange Commission (SEC) Chairman Gary Gensler for missteps in the agency’s handling of digital assets.  The SEC chair was admonished for the lack of clarity in regulating the crypto space.  This…

SEC Chair to be Removed by Legislation – Rep. Davidson

Representative Warren Davidson is planning to introduce legislation to remove the position of Chairman in the Securities Exchange Commission (SEC).  He wants the position to be replaced by an executive director who reports to the board.  This move is apparently…

SEC Chair Gary Gensler to testify before congress over crypto regulation – Unprecedented Congressional Oversight Looms

Recently, US authorities have intensified their actions against the domestic cryptocurrency industry, making Operation Choke Point 2.0 more evident than ever. The US Securities and Exchange Commission (SEC) has been central to this campaign, as it issued a Wells Notice…

SEC Charges Crypto Entrepreneur Justin Sun and Celebrities for Fraud and Securities Law Violations

On Wednesday, the Securities and Exchange Commission (SEC) filed charges against cryptocurrency entrepreneur Justin Sun and his three companies, Tron Foundation, BitTorrent Foundation, and Rainberry (formerly BitTorrent), for fraud and other securities law violations. Sun and his companies have been…

SEC Filed Miami-based Investment Advisor BKCoin Management of $100 Million Crypto Fraud Scheme

On March 6, 2023, the Securities and Exchange Commission (SEC) announced that it had taken emergency action against Miami-based investment adviser BKCoin Management LLC and one of its principals, Kevin Kang, regarding a crypto asset fraud scheme. The SEC’s complaint,…

Bitcoin (BTC), Ethereum (ETH), Polkadot (DOT), and Cosmos (ATOM) Price Analysis for the Week

The Crypto Total Market Capitalization closes –at 2.75% last week, which as a result caused a sell-off in the Altcoin market. The Altcoin Market Capitalization aka Others Market cap closes at -5.69% last week. In this article, I will share…

Reuters news is inaccurate confirms Visa’s, Head of Crypto

Yesterday Feb 28th, 2023 Reuters published an article stating “Visa, Mastercard pause crypto push in wake of industry meltdown” – sources” which was featured by Yahoo News as well. However Visa’s Head of Crypto, Cuy Sheffield confirmed on twitter that…