New York Financial News
27.02 / 18:19
27.02 / 14:05
Blockchain
Twitter
SEC
Bitcoin
Sec Chair
Lawyers
Crypto lawyers question SEC Chair over claims of crypto being security
Cryptocurrency lawyers have criticized the comments made by the head of the U.S. Securities and Exchange Commission, who claimed in a recent interview that every cryptocurrency except Bitcoin is a security subject to its jurisdiction.
27.02 / 13:47
business
Blockchain
solana
community
Solana outage triggers ballistic reaction from the crypto community
As the Solana network suffered another setback, crypto community members went on social media to express various concerns, even comparing the blockchain to other projects like Ethereum and Bitcoin.
27.02 / 13:41
Binance
regulation
Legal
Voyager Digital
Binance.us
Texas Doubles Down on Attempt to Block Binance.US Acquisition of Voyager Digital Assets
Binance.US, the American arm of crypto exchange Binance, has hit yet another roadblock in its attempts to buy the assets of the bankrupt crypto lending firm Voyager Digital: Texas, USA, officials have once again objected to the deal between the exchange and the lender.
27.02 / 07:11
Law
Twitter
regulation
SEC
security
Lawyers
Crypto lawyers flame Gensler over claims that all crypto are securities
Cryptocurrency lawyers have rebuffed comments made by the head of the United States securities regulator, claiming in a recent interview that every cryptocurrency except Bitcoin (BTC) is a security that falls under its jurisdiction.
26.02 / 22:23
business
Binance
Bankruptcy
Deal
Texas objects to Voyager-Binance.US deal, court filing shows
Texas' State Securities Board and the Department of Banking are objecting to a proposed deal between Binance.US and bankrupted crypto lender Voyager Digital, shows a court filing from Feb. 24.
26.02 / 14:21
business
Blockchain
SEC
coinbase
investigation
Bankruptcy
Voyager is selling crypto assets through Coinbase, suggests on-chain data
Voyager Digital, the centralized finance (CeFi) platform that filed for Chapter 11 bankruptcy in July 2022, is reportedly selling assets through the Coinbase crypto exchange. On-chain data suggest that Voyager received at least $100 million in USD Coin (USDC) in three days, starting Feb. 24.
26.02 / 11:47
Blockchain
Binance
Action
Software
Solana [SOL] suffers yet another technical challenge, details inside
Solana users were unable to conduct transactions on the network in the last few hours of press time. Preliminary reports revealed that this was a network-wide problem reportedly caused by a long-forking event.
25.02 / 02:17
regulation
crimes
FTX
Court
Lawyers
Fried
Sam
bail
Sam Bankman-Fried's lawyers request extension for bail condition proposal
Lawyers representing former FTX CEO Sam Bankman-Fried in federal court have requested an extension to file a proposal related to his bail conditions.
24.02 / 22:11
business
Stablecoin
Circle
Banks
reserves
FDIC-insured Citizens Trust Bank to hold $65M in USDC reserves
Citizens Trust Bank, a financial institution regulated by the Federal Deposit Insurance Corporation (FDIC), has partnered with Circle Internet Financial to hold some of its reserves in USD Coin (USDC) — a move the companies said would promote financial inclusion and digital literacy in the greater Atlanta area.
24.02 / 18:05
Government
Adoption
Investments
us government
Pensions
Retirement
Bitcoin retirement plans elicit caution from regulators
Even as the crypto market continues to forge an impressive recovery from the 2022 bear market, the industry continues to attract the wrath of regulators worldwide, especially in the United States. Three U.S. financial watchdogs recently issued stern warnings to individuals looking to invest in retirement funds offering exposure to digital assets.
24.02 / 13:25
NFTS
Non-fungible tokens
Three Arrows Capital
Seized NFTs Worth Millions of Dollars To Be Sold by Three Arrows Capital Liquidators – Here's The Latest
Liquidators of the now-defunct crypto fund Three Arrows Capital plan to sell off the firm's NFTs as part of recovery efforts.
24.02 / 12:41
Law
Twitter
NFT
regulation
SEC
security
consequences
Financial Advice
Financial
Emojis count as financial advice and have legal consequences, judge rules
A judge from the United States District Court of the Southern District of New York ruled that emojis like the rocket ship, stock chart and money bags mean "a financial return on investment," according to a recent court filing.
24.02 / 12:15
Liquidity
Leverage
asset
Cryptoverse: Tether tightens grip on wobbling world of stablecoins
Seismic shifts may be afoot in the $137 billion market after New York-based Paxos Trust Company, which mints Binance's stablecoin, said it would cease issuing new BUSD tokens after U.S. regulators labeled the asset an unregistered security. The U.S. move has left investors questioning the future shape of the market for stablecoins, tokens that are usually backed by traditional assets like dollars and U.S. Treasuries to tame the wild swings that characterize cryptocurrencies. The immediate impact hasn't been negative for the stablecoin market as a whole, though; it's actually seen its total value grow by $2 billion since the Paxos announcement on Feb. 13.
23.02 / 22:03
UPS
Digital
regulation
Southern
Voyager Digital
FTC Launches Investigation into Voyager's Alleged Deceptive Crypto Marketing Tactics – Here's the Latest
The Federal Trade Commission (FTC) has announced that it is investigating the bankrupt crypto lender Voyager Digital for “deceptive and unfair marketing of cryptocurrency to the public.”
23.02 / 20:23
Arrest
FBI
National
Moscow Authorities Detain British National Accused of Aiding North Korea in Crypto Sanction Evasion
A British citizen who is wanted by the FBI for allegedly assisting the North Korean government to evade U.S. sanctions via crypto is in the custody of Russian authorities.
23.02 / 18:29
Law
regulation
crimes
Court
Fried
Sam
Unsealed superseding indictment against Sam Bankman-Fried includes 12 criminal charges
In a superseding indictment filed with the United States District Court for the Southern District of New York on Feb. 22, U.S. Attorney Damian Williams alleged Bankman-Fried’s actions in the matter involving FTX and Alameda warranted 12 charges. According to the indictment, these included:
23.02 / 15:45
Ethereum
Provident
BLOCK
Platform
Enterprise
LBC
Luna
CoinEx
Cryptocurrency platform CoinEx sued by New York for offering “security” tokens
The New York State Attorney General’s office filed a lawsuit against CoinEx yesterday (22 February), claiming that it is an unregistered securities broker and commodity broker-dealer under state law.
23.02 / 14:15
business
Binance
regulation
SEC
security
Bankruptcy
SEC files objection to Binance US bid for Voyager assets
The United States Securities and Exchange Commission (SEC) has objected to Binance.US’ move to acquire over $1 billion of assets belonging to the defunct cryptocurrency lending firm Voyager Digital.
23.02 / 13:21
Blockchain
Twitter
Digital
SEC
Pool
Southern
How Ripple’s case may be impacted following SEC’s run-in with the NBA
On 22 February, a New York court judge refused to dismiss a class-action lawsuit filed against Dapper Labs for allegedly offering Non-Fungible Tokens [NFTs] without first registering with the US Securities and Exchange Commission (SEC).
23.02 / 07:33
Law
regulation
exchanges
New York State
Court
CoinEx
CoinEx crypto exchange sued by New York for failing to register with state
Cryptocurrency exchange CoinEx has been sued by the New York Attorney General, Letitia James, alleging the firm falsely represented itself as an exchange due to failing to register as a securities and commodities broker-dealer in the state.
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