Court Reviews US SEC’s Denial of Coinbase Rulemaking Appeal
The US Court of Appeals for the Third Circuit has reviewed the US SEC‘s denial of Coinbase request for crypto rulemaking, challenging its narrow reasoning. Coinbase exchange requested that the US SEC propose and implement regulations to regulate securities that are “offered and traded via digitally native methods,” which includes defining which crypto assets qualify […]
MSTR Michael Saylor Suggests Use of Bitcoin-backed Loans
According to Michael Saylor, the CEO of MicroStrategy, Bitcoin loans will enable BTC holders to generate a yield without the need to transfer their assets. Discussions regarding Bitcoin yields have resumed following the SEC’s approval of options trading on the BlackRock Bitcoin ETF. In a recent podcast debate, MicroStrategy Chairman Michael Saylor expressed his perspective […]
SEC Mark Uyeda Opposes Audit Trial for Cryptocurrency
According to SEC Mark Uyeda, the overregulation of private funds and the violation of privacy are the results of audit trials that monitor sensitive investor data. On Tuesday, September 24, Gary Gensler, the U.S. Securities and Exchange Commission (SEC) Chairman, and five SEC commissioners are scheduled to appear before the House Financial Services Committee. The […]
Rekt Capital Says History Indicates it’s BTC Breakout Time
Rekt Capital has suggested that the Bitcoin and crypto markets may be on the brink of a breakout if historical cycle patterns are replicated. On September 24, analyst Rekt Capital noted in a post on X that Bitcoin has historically emerged from its reaccumulation range between 154 and 161 days following the halving in previous […]
Green United Fails To Drop $18M Case For Crypto Mining Fraud
Green United LLC has failed to discharge a lawsuit filed by the SEC on operating a fraudulent crypto mining scheme that earned investors $18 million. In March, the SEC accused defendants Wright Thurston and Kristoffer Krohn, who operated cryptocurrency mining firm Green United LLC, of fraudulently offering securities. They sold “Green Boxes” and “Green nodes” […]