Author: Ronaldo Marquez

Crypto-friendly Custodia Bank Faces Setback As Fed Denies Application For Supervision

Bitcoinist

The Crypto-friendly Custodia bank, founded by Caitlin Long, a well-known figure in the crypto industry, has been denied its application to come under the supervision of the U.S. Federal Reserve (Fed), according to an official announcement.  The Board had previously Read More

SEC Accuses Crypto Giant Justin Sun And Lindsay Lohan Of Securities Law Violation

Bitcoinist

The US Securities and Exchange Commission (SEC) has recently announced that it has charged Justin Sun, a prominent crypto entrepreneur, and his three companies- Tron Foundation, BitTorrent, and Rainberry Inc, with allegedly conducting an unregistered sale of “crypto assets securities.”  Read More

Florida Governor Proposes Legislation To Ban Central Bank Digital Currency CBDC

Bitcoinist

Governor Ron DeSantis of Florida has proposed legislation that aims to protect residents of the state from the potential risks associated with a central bank digital currency (CBDC) and the increased government surveillance that may come with it. Governor DeSantis Read More

US Officials Attempting to Block Voyager Sale Again

Bitcoinist

According to a recent Bloomberg report, U.S. regulators are again attempting to interfere with the sale of the bankrupt crypto lender Voyager Digital to major crypto trading platform Binance.US.  Although U.S. Bankruptcy Judge Michael Wiles, overseeing Voyager’s Chapter 11 bankruptcy Read More

U.S. Crypto Firms Explore European Banking Partners Amid Financial Crisis

Bitcoinist

The recent banking crisis in the U.S., which resulted in losing three crypto-friendly banks, Silvergate Capital, Silicon Valley Bank, and Signature Bank, has raised concerns among U.S.-based firms.  Amidst the alarms of the wavering crisis, crypto firms seem to be Read More

This Hacker Was Rewarded After Returning Tender.fi’s Funds

Bitcoinist

The Tender.fi  “white hat” hacker accused of withdrawing over $1.59 million from the Arbitrum-based decentralized finance (DeFi) lending protocol has returned the funds. A few days ago, the platform suspended lending services while attempting to recover these assets.  Web3 smart Read More

$100 Million Crypto Scam: SEC Sues BKCoin For Alleged Fraud

Bitcoinist

The Securities and Exchange Commission (SEC) continues its enforcement actions against the crypto industry, filing an emergency action against Miami-based crypto hedge fund BKCoin and its principal Kevin Kang.  According to the SEC’s complaint, the hedge fund, launched in 2018 Read More

Coinbase Pushes Back Against SEC, Launches Campaign To Rally Crypto Forces

Bitcoinist

 U.S.-based Crypto exchange Coinbase has launched a campaign in favor of crypto policies in all 435 congressional districts across the jurisdiction of the U.S. government. This decision comes from increased regulatory enforcement actions by the Securities and Exchange Commission (SEC). Read More

Crypto Under the Eye, Top Lawyer Explains SEC’s Latest Steps

Bitcoinist

The U.S. Securities and Exchange Commission (SEC) has recently increased its enforcement actions against the crypto industry. Its Chairman, Gary Gensler, leads the charge against the nascent asset class.  As the U.S. watchdog tightens its policies against the various services Read More

Binance CEO Denies Delisting USDC Amid SEC Crackdown | Bitcoinist.com

Bitcoinist

According to a Bloomberg report, crypto exchange Binance is considering ending relationships with U.S. business partners.  Allegedly the largest cryptocurrency exchange in the market is weighing the option of delisting tokens from any firms based in the U.S. jurisdiction due Read More

For The “Sake” Of Crypto, Coinbase Willing To Talk With Regulators

Bitcoinist

The U.S. government’s increased actions against the crypto industry recently. In a Twitter post, crypto exchange Coinbase addressed the Paxos-BUSD and Securities Exchange Commission (SEC) case and other essential items regarding the regulatory landscape for the industry.  For investors, the Read More