It looks like the SEC isn’t done with trading app Abra just yet
The SEC’s investigation into the crypto trading firm, which paid fines of $300,000 in July, apparently continues. Go to Source Powered by WPeMatico
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Starting Second Term Today, SEC Commissioner Peirce Tells Cointelegraph Her Crypto Priorities
Sworn in for her second term today, SEC Commissioner Hester Peirce tells Cointelegraph about the commission’s work on crypto and new tech in investing. Go to Source Powered by WPeMatico
Abra CEO Explains Why It’s Bitcoin’s Time to Shine
With expectations of further U.S. dollar inflation, why would people hold cash? Go to Source Powered by WPeMatico
On-Chain Bitcoin Scaling En Masse Requires Bigger Blocks, Abra CEO Says
Bitcoin can scale as an adopted store of value using second-layer solutions, but not on-chain with its current technology says Abra’s CEO. Go to Source Powered by WPeMatico
Abra Building Banking Solutions on Stellar Blockchain, CEO Barhydt Says
As part of its work with the Stellar blockchain, Abra plans to provide global banking features. Go to Source Powered by WPeMatico
Law Decoded: Pushing the Legal Limits, July 10–17
In this week’s newsletter, we look at a series of developments that test the limits of governmental authority over crypto, as well as the contest with social media. Go to Source Powered by WPeMatico
Abra CEO Agrees With Bitcoin’s Role as Digital Gold
Abra CEO and founder Bill Barhydt said he sees Bitcoin as a store of value, increasingly distancing itself from mainstream market price correlation. Go to Source Powered by WPeMatico
Bitcoin Investor Sues IRS for Unlawful Seizure of Financial Records at 3 Crypto Exchanges
Bitcoin investor Jim Harper has sued the U.S. Internal Revenue Service (IRS), its commissioner, and a number of federal agents. He alleged that they unlawfully seized his private financial information from three cryptocurrency exchanges. Bitcoin Investor vs. IRS Bitcoin investor Jim Harper has filed a lawsuit against IRS Commissioner Charles P. Rettig, the IRS, and … Read more
SEC and CFTC Fine Crypto Investment App for Offering Synthetic Assets
U.S. regulators team up to fine and halt a crypto portfolio app offering synthetic exposure to traditional assets, which was not offered to U.S. investors. Go to Source Powered by WPeMatico
Abra Garners $5 Million from Stellar Development Foundation
Abra has received $5 million in funding from the Stellar Development Foundation. Go to Source Powered by WPeMatico