Is the SEC Pressuring Cumberland DRW on Crypto Trading?

The US Securities and Exchange Commission (SEC) has significantly increased its focus on regulating the cryptocurrency industry, especially regarding compliance with securities laws. As digital assets gain more traction, the SEC’s involvement in enforcing regulations has become central to the…

Crypto.com sues SEC over jurisdictional limits and token rules

Crypto.com, has recently taken legal action against the US Securities and Exchange Commission (SEC) in response to a Wells Notice, a prelude to enforcement actions. The lawsuit comes amid increasing regulatory scrutiny in the cryptocurrency industry, particularly concerning the SEC’s…

SEC Forces Mango Markets to Settle Regulatory Claims

The entities associated with Mango Markets, a decentralized finance project, have reached settlements with the US Securities and Exchange Commission (SEC). This follows a series of legal actions taken by the SEC against various crypto projects for allegedly selling unregistered…

BNY gains SEC support for digital asset custody beyond ETF

The Bank of New York Mellon Corp. (BNY), one of the largest custodian banks in the world, has entered the digital assets market, seeking to expand its offerings beyond traditional assets like stocks and bonds. With an established reputation in…

Coinbase legal battle with SEC sparks debate on digital asset rules

Coinbase has become the focal point of an ongoing legal battle with the US Securities and Exchange Commission (SEC). This clash represents a broader issue faced by the crypto industry regarding regulatory uncertainty surrounding digital assets. The company has pushed…

SEC Approves Nasdaq Options Trading for iShares Bitcoin ETF

The recent approval by the SEC has sparked significant interest in the financial world, particularly regarding Nasdaq Inc.’s application to list options on the iShares Bitcoin Trust ETF. This decision marks a pivotal moment for the cryptocurrency investment landscape, paving…

SEC Settlement Limits eToro’s Crypto Trading for U.S. Users

eToro , a popular social trading and investment platform, reached a settlement with the U.S. Securities and Exchange Commission (SEC). The settlement outlines specific restrictions that the platform must now follow for its U.S. users. These changes come amidst growing…

Galois Capital fined by SEC for improper asset handling with FTX

Galois Capital Management, a crypto investment firm, has been in the spotlight recently due to its entanglement with the Securities and Exchange Commission (SEC). The firm is facing a significant $225,000 fine after the SEC alleged that it violated crucial…

Kraken Exchange Required to Defend Against SEC Claims on Exchange Status

Kraken has recently found itself at the center of a legal battle with the U.S. Securities and Exchange Commission (SEC). The core of the dispute revolves around whether the platform is operating as an unregistered securities exchange. A federal judge…

OpenSea Faces Legal Challenges Amid SEC Wells Notice

The dynamic landscape of nonfungible tokens (NFTs) continues to be a hotbed of legal and regulatory scrutiny, with OpenSea, the largest NFT marketplace, now under the spotlight of the U.S. Securities and Exchange Commission (SEC). This article delves into the…