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SEC Enforcement Chief Rejects Criticism Of Crypto Crackdown

DaneMull678343669 2023.07.05 08:36 조회 수 : 5

"Binance is offering and providing exchange services in Belgium between virtual currencies and legal currencies, as well as custody wallet services, from countries that are not members of the European Economic Area," the FSMA said.

Helped by a surge in Tesla Inc, which jumped as much as 5.7%, the S&P 500 rose to levels last seen in August before receding by mid-day to be little changed.

The Nasdaq Composite and the Dow Jones Industrial Average also pared earlier gains to stand flat.

Binance.US and Coinbase Global are the latest crypto exchanges to come under scrutiny after the U.S.

Securities and Exchange Commission (SEC) sued the pair for allegedly breaching its rules, and industry executives expect more enforcement actions. Binance and Coinbase deny the regulator's allegations.

Binance disputes the SEC charges. It is the latest in a string of setbacks for Binance including the June 5 decision by the U.S.
Securities and Exchange Commission (SEC) to charge the company with evading securities laws.

The regulator's heightened scrutiny of crypto firms comes in response to the industry's failure to comply with the agency's regulations, SEC enforcement director Gurbir Grewal said at a Rutgers University and Lowenstein Sandler LLP event in New York.

The lawsuit was filed one day after the SEC sued Binance, the world's largest cryptocurrency exchange, 币安推荐码 accusing it of inflating trading volumes, mishandling customer funds and lying about its operatio

/>The world's largest asset manager will be using Coinbase Custody - an offline storage solution for digital assets - for the ETF, and the crypto exchange's spot market data for pricing, the report add

/>June 29 (Reuters) - Paysafe Payment Solutions, Binance's European banking partner, said on Thursday it will cease offering its embedded wallet solution to the U

/>cryptocurrency exchange across the European Economic Area (EEA) from Se

/>June 8 (Reuters) - The chair of the U

/>Securities and Exchange Commission (SEC) on Thursday strongly rebutted criticism that the agency is trying to crush the crypto industry, and said many companies in the space had made a "calculated economic decision" to flout its rul

/>"The dark clouds overshadowing crypto have lifted in recent days amid a burst of institutional interest," said Kate Laurence, general partner of Bloccelerate VC, which invests in crypto projec

/>The failed crypto company has been holding talks with investors about backing a potential restart of the FTX.com exchange through structures such as a joint venture, the report added citing people familiar with the discussio

/>LONDON, June 15 (Reuters) - The U
/>affiliate of crypto giant Binance has carried out a round of layoffs since regulators last week charged it with violating securities laws and sought to freeze its assets, said two people with knowledge of the dismissals and employees' social media pos

/>NEW YORK, June 29 (Reuters) - Coinbase, the largest U

/>cryptocurrency platform, said it will ask a judge to dismiss the U.S. Securities and Exchange Commission lawsuit claiming it broke the law by failing to register its busine



/>A spot bitcoin ETF could rebuild investors' confidence in their ability to move U

/>dollars in and out of cryptocurrency, after the collapse of crypto lenders Signature, Silvergate and Silicon Valley Bank in the United States earlier this year, Grant add

/>A spokesperson for Binance, which had been operating in the Netherlands without permission from regulators, said that the company had tried "many alternative avenues" to meet Dutch registration requiremen

/>There's more confidence surrounding the ECB decision, with a quarter-point increase fully priced for Thursday, and the only question being when the next quarter-point bump will come - with September most like

/>June 9 (Reuters) - The U
/>affiliate of Binance said it was halting dollar deposits, while trading platform Robinhood Markets said it was delisting some crypto tokens, after the U.S. securities regulator stepped up its crackdown on the crypto sect



/>The ETF filing has helped reverse negative sentiment in the bitcoin and broader cryptocurrency markets, after a series of crypto company meltdowns, including the sudden collapse late last year of exchange FTX, which authorities allege was running a multi-billion dollar fra

/>June 11 (Reuters) - U

/>venture capital firm Andreessen Horowitz, a major cryptocurrency investor, said on Sunday it will set up its first international office in London, at a time when U.S. regulators have increased scrutiny of the cryptocurrency sector.
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