Regulators Step in to Prevent Acquisition of Voyager Digital by Binance US

US regulators have filed a motion against the acquisition of assets belonging to Voyager Digital by Binance US for over $1 billion.

US regulators have filed a motion against the acquisition of assets belonging to Voyager Digital by Binance US for over $1 billion. The SEC, along with the U.S. Trustee within the Justice Department and state regulators from New Jersey and Vermont, have filed motions objecting to the deal. The regulators question the ability of Binance … Read more

Coinbase Reaches Agreement With New York Regulators –

Coinbase

Coinbase claims that its investment in compliance outpaces every other crypto exchange globally. Regulators first spotted issues with Coinbase’s compliance in 2020, but the exchange has been slow to implement recommendations. US-based crypto exchange Coinbase has agreed to pay a $50 million fine after regulators ruled that it allowed users to register accounts without conducting … Read more

US Senators Query Regulators Over Bank Ties with Crypto Firms –

US Senators Query Regulators Over Bank Ties with Crypto Firms –

US senators Elizabeth Warren and Tina Smith recently criticized the collapse of the crypto exchange, FTX, and the broader crypto industry. Lawmakers are concerned that the lack of regulatory oversight in the ties between banks and crypto firms could have long-term consequences. The Senate Banking Committee has set a hearing on the collapse of FTX … Read more

State Securities Regulators Probe Crypto Lender Genesis – Regulation Bitcoin News

Report: State Securities Regulators Probe Crypto Lender Genesis

State securities regulators are reportedly investigating Genesis Global Capital in a broad range probe into the “interconnectedness of crypto firms,” Barron’s reported on Friday. The report notes that the Alabama Securities Commission is looking into whether or not cryptocurrency firms have violated securities laws without filing the proper registrations. Report Says Financial Regulators Are Investigating … Read more