SEC – Page 65 – DIGIT INFO

SEC Chairman Proposes Amending Federal Custody Rules to Cover ‘All Crypto Assets’

SEC Chairman Proposes Changing Federal Custody Rules to Cover 'All Crypto Assets'

U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler has proposed amending federal custody rules to cover “all crypto assets.” The SEC chief said: “Though some crypto trading and lending platforms may claim to custody investors’ crypto, that does not mean they are qualified custodians.” Gary Gensler Proposes Including Crypto in Expanded Custody Rules The […]

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The SEC shook Kraken down for $30M, but it doesn’t mean they had a case

Kraken agreed to a settlement with the SEC, but that didn’t change the law. Staking does not constitute a security.

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SEC enforcement action creates a silver lining for GMX, Lido (LDO) and Maker (MKR) price

Traders are pivoting into decentralized solutions like GMX, LDO and MKR as the U.S. Securities and Exchange Commission cracks down on the crypto industry.

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3 reasons why Binance’s BNB token risks sliding further by March

A slew of technical, fundamental, and on-chain indicators hint at more pain for BNB price in February.

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South Korea to examine crypto staking services following the Kraken case

No details on the timeline and methods of the examination were provided, but reportedly it would be conducted moderately as no wrongdoings have been registered in the country.

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Circle squashes rumors of planned SEC enforcement action

Rumors swirled on Twitter that the stablecoin issuer received a litigation notice from the U.S. securities regulator but a Circle executive rebuffed the claim.

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Binance CEO: crypto industry will probably move to non-dollar stablecoins

The Binance CEO claimed that algorithmic USD stablecoins may become more popular as well, although they “have risks.”

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Ethereum’s $1.5K support weakens as ETH traders turn slightly bearish

ETH derivatives data shows bulls becoming less inclined to defend the current price level, creating an opportunity for more downside.

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Blockchain Association files amicus brief in Wahi case, says SEC exceeded authority

The industry group cited the Supreme Court’s recently reaffirmed “major questions” doctrine and listed ways the SEC’s alleged regulation by enforcement causes harm.

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Silvergate Bank Becomes Most Shorted Stock in US, but Sees Boost With Citadel Securities Stake

Recent data shows that Silvergate Bank, a crypto-friendly financial institution, has become the most shorted stock in the United States, according to the Financial Industry Regulatory Authority. On Tuesday, Silvergate’s stock saw a rise after it was discovered that Citadel Securities holds a 5.5% stake in the bank, according to a Schedule 13G filing with […]

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