SEC’s Gensler seeks $2.4B in funding to chase down crypto ‘misconduct’

    United States Securities and Exchange Commission Chair Gary Gensler says the regulator is spread thin and needs additional funding to keep up with the “increased complexity in the capital markets.” United States Securities and Exchange Commission Chair Gary Gensler has thrown his support behind U.S. President Joe Biden’s request to allocate a record $2.4 billion…

    Voyager’s $1B sale to Binance.US put on hold by US court

    A federal judge has temporarily halted a proposed deal between Voyager and Binance.US in order to give the government more time to pursue appeals that challenge the deal. Voyager Digital’s $1 billion sale to Binance.US has been temporarily halted by a federal judge after a request by the United States government for an emergency stay….

    Coinbase could face SEC enforcement action for ‘potential violations of securities law’

    The crypto exchange claimed that none of its listed assets were considered securities, and any potential targeting of its wallet was based on a “misunderstanding” by United States Securities and Exchange Commission officials. Crypto exchange Coinbase said it has received a Wells notice from the United States Securities and Exchange Commission recommending the regulator take…

    Post-Merge Ethereum: Grayscale extends review of ETHPoW decision

    Grayscale will take 180 days at max to decide whether, when and in what manner to sell ETHPoW on behalf of the record date shareholders. Cryptocurrency investment firm Grayscale Investments is taking more time to decide whether it should acquire and sell post-Merge forked Ethereum tokens. Grayscale announced on March 16 that the company intends to extend…

    Coinbase met with Australian banking regulators over local crypto regulations

    Coinbase’s vice president of international policy told Cointelegraph the meetings took place in Canberra and Sydney and touched on the government’s token mapping efforts. The Reserve Bank of Australia (RBA) and Treasury have been holding private meetings with executives from Coinbase, with discussions revolving around the future of crypto regulation in Australia. Responding to Cointelegraph’s…

    Signature Bank investigated for money laundering prior to demise: Report

    The pro-crypto bank was reportedly under dual investigations to uncover if it was taking proactive measures to stop money laundering. The cryptocurrency-friendly Signature Bank was reportedly being investigated by two United States government bodies prior to its collapse. According to a March 15 Bloomberg report citing people familiar with the matter, investigators with the Justice Department were…