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On Monday, the U.S. Securities and Exchange Commission (SEC) filed charges against the celebrity and socialite Kim Kardashian for unlawfully promoting the crypto asset Ethereummax. The U.S. regulator detailed that Kardashian agreed to settle the charges and pay $1.26 million in penalties, and plans to cooperate with the SEC’s ongoing investigation. Kardashian Charged by SEC, […]Powered by WPeMatico
The United States SEC charged the American celebrity and influencer for promoting a cryptocurrency asset security without disclosing payments received to her followers.
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The chairman of the Commodity Futures Trading Commission (CFTC) says his agency and the Securities and Exchange Commission (SEC) “have to rely on 70-year-old case law to determine what’s a security or a commodity.” He stressed that the SEC and CFTC are working together to regulate the crypto space, noting that “It’s not a turf […]Powered by WPeMatico
The U.S. Securities and Exchange Commission (SEC) has taken action against two firms and four individuals allegedly perpetrating a crypto pump-and-dump scheme. “Although this case involves crypto assets, it bears the hallmarks of a classic pump and dump scheme,” said the SEC. SEC Charges 2 Firms in Crypto Pump-and-Dump Case The U.S. Securities and Exchange […]Powered by WPeMatico
The Digital Trading Clarity Act of 2022 aims to provide regulatory clarity around classifying digital assets and related liabilities under existing securities laws.
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“We’re all kind of watching this and seeing what’s going to happen,” said WisdomTree’s Will Peck on spot Bitcoin exchange-traded funds in the United States.
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Though the SEC has pursued many enforcement actions related to initial coin offerings, the regulator’s stance on airdrops’ role in alleged token schemes is unclear.
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Crypto lender Nexo is having issues with state authorities from California, New York, Washington, Kentucky, Vermont, South Carolina, and Maryland. The enforcement actions from multiple state securities regulators detail that Nexo’s Earn Interest Product (EIP) may be in violation of securities laws. Nexo Targeted by Several Securities Regulators Over the Crypto Lender’s Earn Interest Product […]Powered by WPeMatico
Grayscale Investment’s Bitcoin Trust (GBTC) has dropped to a new low this week as the bitcoin fund tapped a record 35.18% low against bitcoin spot prices. GBTC’s discount to spot has been underwater for a total of 577 consecutive days. GBTC Discount to NAV Widens by 35% — Fund Reaches an All-Time Low Against BTC […]Powered by WPeMatico
After remaining flat over the weekend and exhibiting little price action, Bitcoin and Ethereum are showing signs of life today as trading volume for both crypto assets rises significantly. Bitcoin is trading at $19k, up 1% in the past 24 hours, with a 24-hour trading volume of $40.2 billion, up over 77% today. In comparison, Ethereum is trading at $1,300, up 1.5% in the past 24 hours, with a 24-hour trading volume of $15 billion, up 50% today. Let’s look at any relevant Bitcoin and Ethereum news that might affect their prices this week. Key Points: The cryptocurrency market is
The post Bitcoin, Ethereum Prices Show Signs of Life as Trading Volume Rises Significantly appeared first on The Merkle News.
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