Coinbase CEO Says SEC Wanted All Assets Except Bitcoin Delisted: Report

The regulator reportedly wanted Coinbase to cease trading all cryptocurrencies except Bitcoin prior to its legal action against the exchange.

• 2023-07-31
• Bitcoin The SEC Coinbase SEC Brian Armstrong crypto exchange Gary Gensler

SEC Told Coinbase to Stop Trading in all Cryptos Except Bitcoin Before Suing: FT

The U.S. Securities and Exchange Commission (SEC) had asked Coinbase (COIN) to stop trading in all cryptocurrencies other than bitcoin (BTC) prior to suing the crypto exchange, according to a Financial Times report.

• 2023-07-31
• Brian Armstrong Coinbase the SEC SEC

Before suing Coinbase, SEC asked it to trade only in bitcoin -FT

The SEC had accused Coinbase of operating illegally because it failed to register as an exchange. It also alleged that Coinbase traded at least 13 crypto assets that are securities that should have been registered, including tokens such as Solana, Cardano and Polygon.

• 2023-07-31
• Brian Armstrong Coinbase The SEC Gary Gensler SEC cryptocurrencies

Grayscale Urges Equal Treatment for All Spot Bitcoin ETF's in Letter to SEC

If the SEC decides to change course and approve one or more of of the current spot bitcoin ETF applications, “it must do so in a fair and orderly manner,” the statement said.

• 2023-07-28
• Grayscale Investments U.S. Securities and Exchange Commission the SEC bitcoin ETF SEC application BlackRock

Grayscale Argues SEC Should Approve All Bitcoin ETFs at the Same Time

The firm is suing the SEC over denials to convert GBTC into a spot Bitcoin ETF.

• 2023-07-28
• Grayscale Bitcoin Trust The SEC Grayscale GBTC BlackRock applications

Some Binance.US Crypto Trading Was a Mirage, the SEC Alleges

When crypto company Binance launched its U.S. exchange in 2019, almost $70,000 of bitcoin changed hands in the first hour. “That was ourself, I think,” Binance Chief Executive Changpeng Zhao said in an internal message viewed by The Wall Street Journal. Just how much crypto trading volume is due to actual trades versus exchanges and coin promoters shuffling assets among themselves is an issue for regulators and investors trying to gauge the depth of these markets.

• 2023-07-24
• Changpeng Zhao trading volume the SEC The Wall Street Journal Sigma Chain Binance Chief Executive wash trading

SEC Appeal Not a ‘Setback’ for Ripple XRP Ruling, Crypto Lawyer Says

The 'Torres Doctrine' is the law for at least two years, Crypto Law founder John Deaton writes.

• 2023-07-24
• Ripple Labs XRP Analisa Torres Torres Decision John Deaton SEC the SEC Deaton

This Week on Crypto Twitter: Xi Jinping NFT Delisted from OpenSea

Also, a pair of crypto law experts tweeted their disappointment over recent crypto policy moves in Washington.

• 2023-07-24
• Twitter crypto news Gary Gensler Justin Sun TUSD Analisa Torres Xi Jinping the SEC

Congressman Ritchie Torres: SEC Chair Gensler 'Intent on Sabotaging' Crypto Industry

Congressman Ritchie Torres doubled down on his recent criticisms of Securities and Exchange Commission chair Gary Gensler.

• 2023-07-20
• Gary Gensler Ritchie Torres the SEC Analisa Torres SEC

XRP triumphs over SEC, but crypto clarity remains in the shadows

Top blockchain and crypto news: Ripple not clear of hurdles | NFTs in historically slow period | Hong Kong banks dither

• 2023-07-20
• Ripple Labs the SEC XRP Hong Kong crypto community crypto exchange Hong Kong Ritchie Torres cryptocurrencies Analisa Torres