In the most recent turn of events, on February 27, 2019, Robinhood Markets was served with a subpoena from the United States SEC over the SEC’s investigation into the company’s cryptocurrency operations. According to the report filed (1) with the SEC, Robinhood was served with this subpoena in December 2022, one month after the cryptocurrency exchange … Read more
Following the inclusion of Tornado Cash’s cryptocurrency mixing service platform on the sanctions list maintained by the United States Treasury Department, the protocol’s developer, Alex Pertsev, has also been taken into custody by authorities in the Netherlands. A demonstration was held in Amsterdam on Saturday in response to the arrest of Pertsev; approximately fifty people … Read more
A cryptocurrency lending company based in Singapore called Hodlnaut has provided an update to the community regarding its judicial management filing and has also disclosed two alarming updates. First, the platform announced that it would be laying off 80% of its workforce, which would amount to approximately 40 workers, “in order to lower the company’s … Read more
American financial firms who desired to perform both crypto transactions and traditional banking services had, up until this point, been forced to choose one or the other path to take. That might shift in the near future. This afternoon, the Federal Reserve Board of Governors issued official guidelines to oversee the process by which “institutions … Read more
According to a report that was written and distributed by the New York Times, sources claimed that Kraken is being probed for allegedly violating US sanctions imposed on Iran. Kraken is a bitcoin exchange and bank that was established in 2011 and is situated in the United States. It was one of the initial exchanges … Read more
On July 26, bitcoin (BTC) dropped to $21,000 when it became public that a major cryptocurrency exchange in the United States, Coinbase, was the subject of an investigation. The Bitcoin Price Has Reached an “Extremely Crucial” Level of $21,000 As news of new legal problems for Coinbase regarding securities trading, the Bitcoin to United … Read more
Although the cryptocurrency industry and its digital assets, such as Bitcoin (BTC), are becoming more and more well-known, certain governments are still undecided about whether or not to allow direct consumer advertising, particularly in France, where crypto advertisements are subject to rigorous rules. Indeed, as RacingNews365’s Dieter Rencken revealed on July 26, numerous Formula 1 … Read more
Although Celsius has declared bankruptcy, legal experts believe it may take a while to satisfy customer claims. The situation is further complicated by the lack of clear legal precedents for those interested. Celsius may list some of its customers as unsecured creditors, bringing a fresh round of legal action. The likelihood of Celsius’ creditors retrieving … Read more