Cointelegraph By Turner Wright
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Representatives from BlackRock and the Nasdaq met with the United States Securities and Exchange Commission to discuss the proposed rule allowing the listing of a spot Bitcoin (BTC) exchange-traded fund, or ETF.According to a Nov. 20 SEC memo, BlackRock provided a presentation detailing how the firm could use an...
Coinbase cites SEC action against Kraken in push for crypto rulemaking
Cointelegraph By Turner Wright - 0
United States-based cryptocurrency exchange Coinbase has renewed its call to compel the Securities and Exchange Commission (SEC) to respond to the company’s petition to create rules on crypto, using the regulator’s recent enforcement action against Kraken to back up its claims.In a Nov. 22 filing in the U.S. Court...
US officials announce $4.3B settlement with Binance, plea deal with CZ
Cointelegraph By Turner Wright - 0
Officials with the United States Department of Justice announced that Binance CEO Changpeng "CZ" Zhao will plead guilty to one felony charge as part of a settlement over criminal and civil cases with the exchange.In a Nov. 21 press conference, Attorney General Merrick Garland announced CZ entered his plea in person in...
Court unseals indictments against Binance and CZ, detailing expected guilty pleas
Cointelegraph By Turner Wright - 0
A federal court has released the indictments against Binance and CEO Changpeng "CZ" Zhao filed under seal on Nov. 14, in which the United States government said it expected the cryptocurrency exchange and CZ to enter guilty pleas. In Nov. 14 filings in U.S. District Court for the Western District...
US Justice Department seizes 9M USDT amid $225M illicit funds frozen by Tether
Cointelegraph By Turner Wright - 0
The United States Department of Justice announced it had seized roughly $9 million worth of Tether (USDT) following the stablecoin issuer freezing funds connected to a criminal organization responsible for romance scams.In a Nov. 21 announcement, the Justice Department said the seized funds came from “scammers who stole millions...
Celsius entity to focus only on mining under proposed reorganization plan
Cointelegraph By Turner Wright - 0
Cryptocurrency lending firm Celsius said its reorganized company will focus only on Bitcoin mining following feedback from the United States Securities and Exchange Commission (SEC).In a Nov. 20 announcement, Celsius said the core business of the ‘NewCo’ company proposed under its restructuring plan will be Bitcoin (BTC) mining rather...
Bittrex Global announces all trading will be disabled as it winds down operations
Cointelegraph By Turner Wright - 0
Liechtenstein-headquartered cryptocurrency exchange Bittrex Global has announced it plans to wind down operations, starting with the suspension of trading activity on Dec. 4. In a Nov. 20 update published to its website, Bittrex Global said all users with U.S. dollar holdings needed to convert their funds to euros or cryptocurrency...
Once branded for a Texas-specific audience, the North American Blockchain Summit (NABS) shook things up in 2023 — changing its location and name as many United States lawmakers prepared for an election season.Hundreds of crypto and blockchain enthusiasts gathered in Fort Worth, Texas from Nov. 15-17 to network, discuss...
Delaware authorities refer fake BlackRock XRP trust filing to state’s Justice Department
Cointelegraph By Turner Wright - 0
A fake filing published to the State of Delaware’s Division of Corporations on Nov. 13 will be referred to the Delaware Department of Justice.In a Nov. 14 statement, a spokesperson for the Delaware Department of State told Cointelegraph that the false filing claiming that asset manager BlackRock registered an...
Bim Afolami takes the reins on UK crypto policy as new Economic Secretary
Cointelegraph By Turner Wright - 0
King Charles II has approved the appointment of Member of Parliament Bim Afolami to the position of economic secretary to the Treasury of the United Kingdom.In a Nov. 13 notice, the U.K. government said Afolami was one of several appointments in restructuring ministers and secretaries. As economic secretary, he...