Court questions SEC’s ‘vacuous’ denial of Coinbase rulemaking petition

Bitcoin (BTC) shows the potential of stretching its ongoing price recovery to $25,000 by March, based on a mix of bullish technical and macro indicators.Bitcoin price exits descending channel rangeFirst, Bitcoin's potential to hit $25,000 comes from its exit from a prevailing descending channel range.A bull run or bull trap?— Cointelegraph (@Cointelegraph) January 16, 2023…

An Ohio man has been charged by the United States Securities and Exchange Commission for allegedly defrauding 150 investors in a cryptocurrency trading scheme.The SEC’s complaint, filed in federal court in New York on Feb. 11, accuses Michael W. Ackerman of raising at least $33 million in violation of anti-fraud provisions for federal securities laws.Luring…

Bitcoin traders are eyeing $68,000 if it can stay above $64,000, a level it has struggled to hold above for 20 days.

The NY State Department of Financial Services, notorious for its strictness, claims to be the first regulator in the country to impose requirements of the type. 223 Total views 3 Total shares The New York State Department of Financial Services (DFS) on Wednesday released regulatory guidance for U.S. dollar-backed stablecoins issued by DFS-regulated entities. According…

The DAO expressed dissatisfaction with the team’s recent move to dissolve its governing body and shut down its token without consulting the community. 79 Total views 1 Total shares A decentralized autonomous organization (DAO) is taking legal action against its founding team after a decision to dissolve its governing body and distribute most of its

Binance announced a helmet design competition to shortlist the winning art, which will be used as the helmet artwork of Gasly, who won the 2020 Italian Grand Prix. 269 Total views 1 Total shares The winner of a new art competition hosted by Binance will see their design featured on the helmet of racing driver

Kraken, one of the largest and oldest Bitcoin (BTC) exchanges in the world, has joined the Silvergate Exchange Network (SEN). By joining SEN, the United States-based cryptocurrency exchange enables its clients to deposit and withdraw U.S. dollars from Silvergate accounts with no fees, the firm announced Nov. 27.According to the announcement, the depositing process will…

Crypto investors are betting big on real estate this year as the cryptocurrency market continues to grow. New York Digital Investment Group (NYDIG) recently conducted a survey that found that 46 million Americans own Bitcoin, equating to 22% of all adults. While optimistic, some cryptocurrency investors have expressed concerns regarding the security, custody and volatility…

Self-regulation is once again a trending topic in the cryptocurrency landscape as major exchange platforms have announced the creation of self-regulated organizations (SROs) to achieve some standardization in digital currency governance. Government regulators across various jurisdictions continue to exert greater regulatory pressure on their local cryptocurrency industries.Even inter-governmental agencies like the Financial Action Task Force have…