The SEC has announced a series of education programs that will focus on underrepresented groups and others. However, the SEC has also emphasized that competitors should be trained to take prudence while using cryptocurrency. In a statement made (1) on April 3, the Securities and Exchange Commission (SEC) stated that it would communicate to communities like high … Read more
Brian Armstrong, the COE of Coinbase Global Inc, an American publically traded bitcoin exchange, has campaigned for a more comprehensive representation of pro-crypto persons in US politics. Coinbase Global Inc is a publicly-traded company in the United States. During his speech at a Twitter Spaces event (1), Armstrong urged cryptocurrency supporters to “call their congressman, give … Read more
The United States SEC has leveled allegations of cryptocurrency violations against Justin Sun, the founder of Tron. The allegations (1) include selling and airdropping unregistered securities. In addition to these allegations, the financial regulator disclosed that the Chinese-born Grenadian crypto entrepreneur is being investigated for fraud and market manipulation. Justin Sun is accused of … Read more
The regulator has taken yet another step in its ongoing enforcement campaign. This time, it has accused BKCoin Management and its key person, Kevin Kang, of being involved in a fraudulent operation involving cryptocurrency assets. According to the regulating body (1), the company raised around one hundred million dollars from fifty-five investors to initially invest … Read more
US Judge Michael Wiles has questioned the actions of the SEC in Crypto lender Voyager Digital and a crypto exchange Binance proposed business partnership. Voyager announced in December 2022 that it had chosen Binance.US as the company that had submitted the best and highest bid for its assets. The transaction is estimated to be worth … Read more
VanEck, an asset management company with headquarters in New York, once again needs to wait for the United States Securities and Exchange Commission (SEC) to render a decision about its most recent application for a Bitcoin exchange-traded fund (ETF). On June 24, Van Eck, which manages more than $65 billion in assets, submitted its most … Read more
Mark Cuban, a billionaire investor, has criticized Gary Gensler, the United States Securities and Exchange Commission (SEC) chair for the agency’s unclear regulations. Cuban claims that the regulations make it “near impossible” for crypto investors and businesspeople to get clarity from the regulator. Gensler has denied Cuban’s claims. Cuban responded to Gensler’s recent opinion piece … Read more