SEC Seeks Temporary Restraining Order to Freeze Binance.US Assets
The U.S. Securities and Exchange Commission (SEC) asked a court to grant a temporary restraining order to freeze assets tied to Binance.US on Tuesday.Source
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Bitcoin Rallies Above $27K as Crypto Market Shrugs Off SEC Lawsuits Against Binance, Coinbase
Cryptocurrencies recovered some of their losses a day after Monday’s sell-off when the U.S. Securities and Exchange Commission sued Binance and deemed multiple altcoins unregistered securities.Source
Gary Gensler’s Evolving Position on Crypto – in Quotes
The SEC chair has gone from supporting the technology at MIT to a full-swing offensive on the crypto industry.Source
Coinbase Shares Slump After SEC Files Suit Against Company
Coinbase’s stock (COIN) took a major hit on Tuesday after the company was sued by the U.S. Securities and Exchange Commission (SEC) on allegations of violating federal securities law.Source
U.S. Doesn’t ‘Need More Digital Currency’ Because It Has the Dollar, Says SEC’s Gensler
Gensler’s comments follow landmark suits filed this week against Binance and Coinbase.Source
Swift and Chainlink Will Test Connecting Over a Dozen Financial Institutions to Blockchain Networks
In a new set of experiments Swift will collaborate with major financial market institutions like Australia and New Zealand Banking Group Limited (ANZ), BNP Paribas, BNY Mellon, Citi, Clearstream, Euroclear and Lloyds Banking Group.Source
Bitcoin-Denominated Life Insurance Provider Sets Up Shop With $19M Funding
Meanwhile’s target audience is U.S. citizens with large BTC holdings, an audience from which it has “seen a lot of early demand.”Source
Bankers Shopping FTX’s ‘Hundreds of Millions of Dollars’ Stake in AI Startup: Report
At the time of its bankruptcy last November, FTX may have owned as much as $500 million worth of stock in Anthropic, the creator of ChatGPT rival Claude.Source
Coinbase Violated State Securities Laws With Staking Program, Alabama Regulator Alleges
The crypto exchange is facing scrutiny from a task force of ten U.S. state securities regulators after getting sued by the SEC on the same day.Source
Altcoins Dip Following Second SEC Lawsuit Against Crypto Exchange
The SEC’s lawsuit against Coinbase named thirteen altcoins as securities.Source