Bithumb Exchange’s Offices Raided Again by Korean Authorities: Report

The Solana Foundation is disputing the U.S. Security and Exchange Commission’s (SEC) classification of its SOL token as an unregistered security.Earlier this week, the SEC filed lawsuits against crypto exchanges Binance.US and Coinbase, which charged the exchanges with trading Crypto Asset Securities, including SOL.“The Solana Foundation strongly believes that SOL is not a security,” the…

The U.S. Securities and Exchange Commission is likely approve several spot bitcoin (BTC) exchange-traded funds in quick succession, triggering the next move higher for the world’s largest digital currency, crypto-services provider Matrixport said in a report Thursday.The ETF providers would spend "considerable marketing expenses to draw in retail and institutional capital," Markus Thielen, head of…

Sep 23, 2020 at 13:00 UTCTrustology CEO Alex Batlin (Diarmuid Greene/MoneyConf via Sportsfile)As decentralized finance (DeFi) balloons to a roughly $10 billion market, infrastructure builders are coming up with ways to reduce the associated risks. Announced Wednesday, wallet and custodial technology provider Trustology has added a “DeFi Firewall” to its suite of institutional-investment tools. The…

Lobby groups and crypto companies in the U.K. are generally welcoming of the government's plans for a digital pound, but some of them believe the currency should be interoperable with crypto in order to be suitable for the future.The U.K. opened its plans for a digital pound for public comment in February, just as its…

news Lawmakers are making a fresh attempt to give cryptocurrencies a clearer legal standing in the U.S. U.S. Representative Warren Davidson reintroduced the Token Taxonomy Act on Tuesday, saying in a statement that the bill, if approved by Congress and signed into law, would “send a powerful message” to innovators that “the U.S. is the…

Feb 20, 2020 at 15:52 UTCUpdated Feb 20, 2020 at 16:24 UTCU.S. DEA Mobile Command Post (U.S. Air National Guard photo illustration by Master Sgt. Kendra M. Owenby, 134 ARW Public Affairs)The U.S. arrested an alleged money launderer Tuesday in Florida on accusations of using cryptocurrencies and cashier's checks to obfuscate the origins of funds…

Former FTX CEO Sam Bankman-Fried has traded his palatial Bahamas bunker for a bunk bed as he transitions from luxe to lockup.Bankman-Fried is staying at the Metropolitan Detention Center, Brooklyn, one of the nation's most notorious correctional facilities. Conditions at the jailhouse, where Bankman-Fried has resided for six weeks since losing his bail, are a

Crypto exchange Kraken said it attained a virtual asset service provider registration in Spain from the country's central bank.The exchange will soon be able to offer crypto exchange and custodial wallet services to Spanish residents. Kraken's Irish subsidiary also obtained an e-money institution (EMI) license in Ireland from the central bank there which will enable

Aug 14, 2020 at 15:15 UTCINX has named a low-profile Israeli outfit to underwrite its reported $117 million initial public offering (IPO) later this year. In an amended filing to the Securities and Exchange Commission (SEC) this week, the Gibraltar-based crypto and security token exchange confirmed it had chosen A-Labs Finance and Advisory to underwrite…