Tag: SEC

Palihapitiya did concede the crypto sector has “pushed more boundaries” than other startup sectors, which may have attracted the SEC’s attention. Regulators in the United States have choked out the cryptocurrency sector to the point of death, according to Bitcoin bull and billionaire tech investor Chamath Palihapitiya. “Crypto is dead in America,” he boldly claimed in an April…

The market capitalization of Tether is nearly a billion dollars away from reaching a new lifetime peak while rival stablecoins struggle. Tether has emerged as a clear winner amid the ongoing banking crisis and crypto crackdown in the United States. On April 17, the U.S. dollar-pegged stablecoin’s circulating market valuation reached nearly $81 billion, just 1.5% below…

The green blockchain company revealed no details of the proposal; the new CEO said the IPO would probably occur next year. The Chia Network blockchain said April 14 that it had submitted a proposal for an initial public offering (IPO) to the United States Securities and Exchange Commission (SEC). The size and price range of…

Sushi’s head chef Jared Grey and his counsel described the investigation as a “non-public, fact-finding inquiry” that doesn’t suggest the SEC has “any negative opinion of any person, entity or asset” related to the DAO. Head chef of Japan-based decentralized autonomous organization (DAO), Sushi, Jared Grey and his counsel stated that as far as they…

Bitcoin is “untouchable,” because it’s more decentralized than other cryptocurrencies in the space such as Ether according to senior commodity strategist Mike McGlone. Bitcoin is “untouchable” despite ongoing regulatory pressures in the crypto sector and those who don’t have some crypto exposure are “seriously silly” according to Bloomberg’s senior commodity strategist Mike McGlone. During an…

The CFTC lawsuit against Binance could prove to be the beginning of the end for the crypto exchange in the United States, according to many market pundits. Regulatory trouble is nothing new for Binance, and on many occasions, in the past, it has managed to overcome or bypass such roadblocks and eventually work with regulators….