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Regulation News

cryptocurrency September 20, 2024

A Texas court dismissed Consensys lawsuit against the US Securities and Exchange Commission (SEC), ending the five-month-long case after the company’s charges against the regulator in April. Advertisements The SEC has been called out on multiple occasions for regulatory overreach, with claims that its actions against crypto assets stall innovation. Court Ends Consensys’ Case Against […]

cryptocurrency June 30, 2024

Ethereum co-founder Vitalik Buterin has criticized the US regulatory approach to cryptocurrencies, especially the consistent classification of utility tokens as securities. Advertisements Buterin argues that this approach discourages meaningful crypto projects and promotes the creation of “useless and vague” tokens. Buterin Advocates for Balanced Crypto Regulations to Foster Growth The Ethereum co-founder believes the current […]

cryptocurrency June 29, 2024

The US Securities and Exchange Commission (SEC) has filed a lawsuit against Ethereum software provider Consensys. The lawsuit alleges that its MetaMask service operated as an unregistered securities broker. Advertisements The lawsuit, filed in the US courthouse in the Eastern District of New York, also targets Ethereum staking services Lido and Rocket Pool. SEC Targets […]

cryptocurrency May 23, 2024

A group of bipartisan lawmakers is urging the US Securities and Exchange Commission (SEC) to approve spot Ethereum exchange-traded funds (ETFs). Advertisements House Majority Whip Tom Emmer, along with Representatives French Hill, Josh Gottheimer, Mike Flood, and Wiley Nickel, leads this appeal. Lawmakers Push for Ethereum ETF Approval The lawmakers urge the SEC to apply […]

cryptocurrency September 6, 2023

Asset managers ARK Invest and 21Shares have taken the first step towards launching an exchange-traded fund (ETF) directly holding Ether (ETH). Advertisements The two firms submitted an application to the US Securities and Exchange Commission (SEC) on Wednesday. They are seeking regulatory approval for their proposed Ark 21Shares Ethereum ETF. A First for Ethereum ETFs […]

cryptocurrency June 5, 2020

Advertisements Bitcoin spent much of Thursday staying afloat above $9,400 while gradually making gains, albeit at a relatively humble place. At just about $9,770 as of this writing, the BTC-USD pair is fighting hard to triumph over the resistance in the $9,700-$9,800 area. As outlined by BeInCrypto’s technical analyst Valdrin late yesterday, Bitcoin is currently […]

cryptocurrency June 3, 2020

Advertisements The Bitcoin community is certainly no stranger to sudden price drops that are very rapid, deep, and volatile. However, the plunge that brought the alpha cryptocurrency down by some $800 in as little as five minutes yesterday came as a rude shock to many traders who were virtually left stranded on the wrong side […]

cryptocurrency June 1, 2020

Advertisements The weekend was pretty uneventful for the world’s top cryptocurrency as the BTC-USD pair maintained quasi-stability around $9,500. Which way the price will sway from here still remains fairly unclear. There is a growing bearish divergence in the RSI as well as a bullish cross between the 50 and 200-hour moving averages (MA) recently. […]