Ilya Lichtenstein was sentenced to five years in prison for laundering nearly 120,000 Bitcoin stolen in a 2016 hack of the Bitfinex exchange, valued now at around $10.5 billion.
Former SEC chairman predicts Trump's administration could drive crypto-friendly legislation, easing regulatory constraints and fostering innovation within the digital asset industry. SEC Shake-Up: Could Trump's Team Transform Crypto Legislation? Ex-SEC Chief Weighs In Jay Clayton, former chairman of the U.S.
SEC chair Gary Gensler hinted at a possible resignation after President-elect Donald Trump's win.
The crypto industry is “going to save hundreds of millions of dollars” with Donald Trump as president, Consensys CEO Joe Lubin forecasts.
The UK is set to announce a crypto regulatory framework that it expects to encourage growth and financial stability. The framework will have two legislations, one focused on stablecoins and the other to provide clarity for staking services.
Explore the evolution and challenges of stablecoins through the lens of banking history. Understand their design, risks, and future in the financial ecosystem.
Former CFTC Acting Chair Chris Giancarlo said he's “already cleaned up earlier Gary Gensler mess,” shooting down speculation he'd replace the SEC Chair.
SEC Chair Gary Gensler's reflection on his tenure has fueled speculation he may step down before Trump's administration can move to replace him.
HashKey Group Chairman and CEO Xiao Feng has indicated that China's stringent stance on cryptocurrencies could soften within the next two years, influenced by the pro-crypto policies expected under US President-elect Donald Trump. Xiao believes that clear regulatory support in the United States could serve as a catalyst for China to reconsider its current ban.
A group of state attorneys general and the DeFi Education Fund filed a lawsuit against the U.S. Securities and Exchange Commission and its five commissioners alleging the regulatory agency was overstepping its bounds in bringing enforcement actions against crypto exchanges.
A New York technology entrepreneur was sentenced to five years in prison on Thursday after pleading guilty last year to laundering funds stolen from Bitfinex one of the world's largest cryptocurrency exchanges, with the help of his wife.
Binance introduces a new referral program offering up to $300 in crypto rewards, including BTC, ETH, and more, encouraging users to invite friends to trade on its platform.
Following his tenure at the securities watchdog, Clayton took on roles as an advisor to crypto firms including Fireblocks and One River.
FTX co-founder Gary Wang, convicted of misusing funds at a fictitious crypto exchange, may face punishment after his case goes to trial. On Nov. 13, prosecutors in the U.S.
Bitwise has filed to list BITW as an ETP on NYSE Arca, enhancing liquidity and regulatory protections for investors. The post Bitwise files to convert its 10 Crypto Index Fund into an ETP appeared first on Crypto Briefing.
Best Wallet is going viral on its mission to disrupt the Web3 wallet sector, and the $BEST token presale has shattered the $250K raised milestone as retail traders flock to unlock exclusive early-bird access to presales and new airdrops.
SEC Chairman Gary Gensler on Thursday defended his regulatory approach to crypto markets, emphasizing investor protection and compliance, as he hinted at an end of his stint as the agency's chair. What Happened: In his remarks at the Practicing Law Institute's 56th Annual Institute on Securities Regulation, Gensler noted that his agenda builds on the SEC's history of oversight in crypto, referencing cases like Ripple (CRYPTO: XRP), and emphasized the consistency of the Commission's actions over the years.
After years of legal wrangling with the U.S. securities regulator, President-elect Donald Trump's win was taken by the crypto industry as a definitive sign that their courtroom shackles and enforcement actions would be thrown off when he takes the oath of office again.
The increasing optimism in the cryptocurrency industry as Bitcoin gets closer to its past all-time highs is reflected in these expert perspectives.
Eighteen states have sued the SEC, Chair Gary Gensler, and all SEC commissioners, alleging that overreach in crypto regulation infringes on state rights and hampers industry growth. 18 States Sue SEC, Gensler, and All Commissioners Over Alleged Overreach in Cryptocurrency Regulation Eighteen U.S.
Summer Mersinger, a Republican CFTC commissioner who has urged the regulatory to take a more accommodating stance on crypto, is among those under consideration
US authorities arrested Ilya Lichtenstein and his wife, Heather Morgan, in 2022 for laundering Bitcoin connected to the Bitfinex exchange.
Canaan Inc. is set to release its third-quarter 2024 financial results on November 20, 2024, followed by a conference call to discuss the outcomes.
According to EDX Markets, its average daily volume rose by 59% over the third quarter of 2024.
Eighteen Republican attorneys general sued the U.S. SEC and accused the agency of superseding its authority to regulate digital assets.
SCB rolled out a convenient and inexpensive stablecoin wallet that is sure to appeal to tourists in Thailand.
Donald Trump is reportedly considering a groundbreaking plan to eliminate capital gains taxes on U.S.-issued cryptocurrencies. If implemented, this could make profits from popular digital assets like Cardano (ADA), Algorand (ALGO), Ripple (XRP), and Hedera (HBAR) tax-free for American investors.
It's been a busy week for crypto M&A — a signal the post-election sentiment shift could be a catalyst for even more such deals.
Gary Gensler, current Chair of the SEC, gave a speech today fervently defending his strict regulatory policies against the crypto industry. President-elect Donald Trump vowed to fire Gensler, who appeared to accept his ousting.
H.C. Wainwright & Co. analysts reiterated their “Buy” rating on Bitcoin mining company Bitfarms.
Eighteen states in the U.S. are officially fed up with the Securities and Exchange Commission, and they're aiming their frustration right at SEC Chair Gary Gensler. That's according to Fox Business journalist Eleanor Terrett.
Coinbase is enhancing its onchain payments capabilities with the acquisition of the Utopia Labs team, which will join Base to advance the onchain payments roadmap within Coinbase Wallet.
18 US states sue SEC over crypto regulation, alleging unconstitutional overreach, impacting state-level frameworks for oversight. The post 18 US states file lawsuit against SEC for overregulating crypto appeared first on Crypto Briefing.
A December rate cut from the U.S. central bank might not be as sure of a thing as previously thought.
In a significant challenge to the US Securities and Exchange Commission (SEC) and its regulatory approach toward the crypto industry, 18 states have filed a lawsuit against the agency and its commissioners on Thursday.
CNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what's ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry. On today's show, John Wu of Ava Labs discusses the performance of altcoins after the election, plus what a new Trump administration means for the crypto industry.
The partners are interested in tokenizable commodities like air rights and uranium and the infrastructure needed to make that happen.
Eighteen states have collectively filed suit against the SEC, Gary Gensler, and his fellow commissioners, alleging crypto regulatory overreach.
Attorney Generals of 18 US states have filed a joint lawsuit against the Securities and Exchange Commission (SEC), its Commissioners, and Chair Gary Gensler. The lawsuit accuses the agency of overstepping its constitutional authority by pursuing aggressive regulatory actions against the crypto industry.
CNBC's MacKenzie Sigalos joins CNBC's 'Halftime Report' to discuss how Wall Street is getting into the crypto trade.
Eighteen US states have filed a lawsuit against the Securities and Exchange Commission (SEC), its commissioners, and the SEC Chairman, Gary Gensler, for unconstitutional overreach and unfair persecution of the cryptocurrency industry. This lawsuit puts into sharp focus a simmering tension between federal regulators and state governments about the proper scope of regulation in the
DeFi Technologies has unveiled CoreFi Strategy Corp, a publicly traded company set to offer investors exposure to Bitcoin-focused decentralized finance through the Core blockchain. This move was inspired by companies like MicroStrategy, per a press release shared with crypto.news.
A potential shift in crypto regulation could be in the works as the US Securities and Exchange Commission (SEC) Chairman Gary Gensler hints at a possible resignation following President-elect Donald Trump's recent victory on November 5. SEC Head Gensler Drops Resignation Clue In a recent statement to SEC staff, Gensler hinted at a possible resignation, which led to further discussions about his future as the agency's head.
Gary Gensler hints at resignation as SEC Chair, reflecting on regulatory achievements and enforcement in markets and crypto. The post Gary Gensler releases statement hinting at resignation as SEC Chair appeared first on Crypto Briefing.
Binance introduces Usual (USUAL), a decentralized fiat stablecoin issuer, on its Launchpool. Pre-market trading begins on November 19, 2024.
The global crypto markets have toppled $3 trillion in the aftermath of the Trump US Presidential win. According to data from crypto data aggregator CoinGecko, crypto's total market cap now rests at $3.076 trillion, down 5% in the last 24 hours from a market cap of $3.184 trillion.
How deep did crypto's influence go in this election? Did Bitcoin and blockchain backers help push Trump back into the Oval Office?