Securities firms participating in cryptocurrencies, tokenization, decentralized finance (DeFi) systems, and other digital asset realms will have to rely less on external regulatory guardrails and more on their own proactive efforts as the Trump administration charts a new course for the regulation of digital asset environments. The marching orders for this rapid reversal of Biden-era… Read More >>
FTX Clients to Get Refunds via Bankruptcy Plan
News cycles are getting shorter and the volumes of news that we process are increasing. So, it’s important to stop and do a follow-up of an important story every once in a while. For instance, the bankruptcy estate of FTX Trading Ltd. (d.b.a. FTX.com) has a little follow-up news for its affiliated debtors via the… Read More >>
Coinbase Sues SEC for Crypto Clarity
A big cryptography firm is suing a big government regulator. It may be a pivotal moment in the sometimes fraught relationship between crypto and the U.S. Securities and Exchange Commission (SEC). Paul Grewal, Coinbase’s chief legal officer, says that the crypto exchange is taking “another formal step to seek regulatory clarity from SEC for the crypto… Read More >>
Reporter’s Notebook: The SEC Stops Kraken’s Staking Service
The United States Securities and Exchange Commission (SEC) reports that it has charged Payward Ventures, Inc. and Payward Trading Ltd., both commonly known as the crypto exchange Kraken, with “failing to register the offer and sale of their crypto asset staking-as-a-service program, whereby investors transfer crypto assets to Kraken for staking in exchange for advertised… Read More >>
