TV star Kim Kardashian has paid $1.26 million to the US SEC to settle charges relating to her promotion of EthereumMax. Moreover, Kardashian must not promote any cryptocurrencies for three years. According to a Monday press release, the SEC had filed charges against the “Keeping Up With the Kardashians” star for not disclosing the $250,000…
Bitcoin fell over 5% following the US Securities and Exchange Commission (SEC) rejected the Bitcoin spot ETF proposed by Grayscale. The crypto fund has launched a lawsuit against the SEC after the regulator’s denial. Meanwhile, Jacobi Asset Management announced the launch of Europe’s first Bitcoin ETF on the Euronext Amsterdam exchange. Thursday morning, Bitcoin fell…
The US Securities and Exchange Commission (SEC) is looking into the collapse of the TerraUSD stablecoin and whether its marketing violated federal investor-protection regulations. The lawyers for the SEC are seeing whether Terraform Labs, which is behind the coin, broke the rules for securities and investment products. According to a Bloomberg source, the regulator’s enforcement…
The US Securities and Exchange Commission (SEC) is reportedly investigating whether Binance’s BNB token was a security during its sale in 2017. In recent months, Binance has faced scrutiny from a variety of US regulators. As Bloomberg reported on Monday, the SEC has launched a probe into the BNB token. The US securities regulator is…
The US Securities and Exchange Commission (SEC) has approved Valkyrie’s futures exchange-traded fund (ETF) application. This is the second futures ETF approved by the SEC this year after Teucrium. However, spot ETFs seem unlikely to happen soon without more regulation, recent developments suggest. According to the SEC document published on May 5, the application was…
The US SEC seems to target the NFT market recently. The regulator has been involved in the crypto world to prevent scams, Ponzi methods, and other senseless investments. However, many crypto fans claim that SEC is extremist with its measures. NFT commerce made its debut in 2017 with the Ape monkey collection that promised to…