ABRA Financial News
13.08 / 06:01
Provident
CEO
Platform
security
ABRA
reports
Investigations
New Jersey Regulators Urge Crypto Investors to Withdraw From Abra Amid US Shutdown
Shalini is a crypto reporter who provides in-depth reports on daily developments and regulatory shifts in the cryptocurrency sector.
27.08 / 16:58
markets
Provident
SEC
security
ABRA
information
reports
SEC Reaches Settlement with Abra Over Unregistered Crypto Securities Offering
Shalini is a crypto reporter who provides in-depth reports on daily developments and regulatory shifts in the cryptocurrency sector.
13.07 / 06:55
MicroStrategy
ABRA
Bitcoin
Abra Launches Abra Treasury, Enabling Corporates to Hold Crypto as Reserve Assets
Digital asset prime services and wealth management platform Abra has announced the launch of Abra Treasury, a service designed for corporates seeking to hold cryptocurrencies as reserve assets on their balance sheets.
27.06 / 05:49
CEO
Platform
Mobile
crypto regulation
ABRA
Crypto Firm Abra Agrees to $82M in Customer Refunds Over Unlicensed Mobile App
25 US states on Wednesday reached a deal with crypto platform Abra and its CEO for failing to obtain necessary licenses.
18.04 / 17:13
Provident
Digital
CEO
Platform
security
ABRA
Crypto Wealth Management Firm Abra Launches New Platforms for Private Clients
Crypto wealth management firm Abra said it has launched the “Abra Prime” and “Abra Private” platforms for private clients and received approval from the U.S. Securities and Exchange Commission to operate as an investment advisor.
24.01 / 16:46
Digital
CEO
Action
Assurant
security
ABRA
Customer
Crypto Lender Abra Settles Lawsuit, Will Reopen Customer Withdrawals
Crypto lender Abra has reached a tentative settlement with the Texas State Securities Board. According to a document published January 22nd, Abra has agreed to reimburse the assets invested by the state’s residents. The document highlights that Abra has begun winding down its U.S. retail operations. Clients holding balances exceeding $10 will receive notifications, allowing them seven days to withdraw their assets. Unclaimed funds will be converted to fiat currency and distributed to remaining investors in Texas.
23.01 / 11:27
ABRA
Texas Securities Board Orders Crypto Lender Abra to Return Assets to Investors
Crypto lender Abra has reached an agreement with the Texas State Securities Board to return customers’ frozen funds. The ruling comes after the authority filed an emergency cease and desist order and accused the company of securities fraud.
28.06 / 20:23
regulation
Action
Discover
ABRA
Prime Trust Faces Closure as Nevada Regulators Take Action – Another Bear Market Victim?
Crypto custodian Prime Trust is facing imminent closure as Nevada regulators move to shut down the troubled company, potentially making it the latest victim of the crypto bear market.
16.06 / 14:11
regulation
ABRA
Texas State Securities Board Takes Enforcement Action Against Crypto Firm Abra and CEO Bill Barhydt – What's Going On?
The Texas State Securities Board has issued an emergency cease-and-desist order against crypto lender Abra, claiming that it has been insolvent since at least March 31, 2023.
16.06 / 04:27
business
Law
regulation
ABRA
Crypto lender Abra has been insolvent since March, says Texas regulator
Crypto lending firm Abra, which once handled more than $116 million in assets, had allegedly committed securities fraud and has been insolvent since March 31, according to Texas regulators.
13.09 / 00:58
business
Banks
ABRA
Abra announces plans for US bank supporting digital assets
Cryptocurrency trading platform Abra said it was “in the process of” establishing a United States-based state-chartered bank allowing clients to deposit digital assets.
06.07 / 13:31
BLOCK
Platform
coinbase
ABRA
Bullish.com to Layoff Staff amid Market Downturn
Cryptocurrency exchange Bullish.com has joined other crypto companies in making layoffs to tackle the massive market downturn.
28.04 / 16:09
business
Real Estate
Loans
ABRA
Backed
Propy partners with Abra to provide crypto-backed real estate loans
Blockchain real estate platform Propy has partnered with Abra to allow customers to obtain home loans using their cryptocurrency holdings, potentially widening the financial use cases of digital assets.
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