Cryptocurrency Market

Cryptocurrency Market

Menu
  • Market Cap: $2,410,454,655,501.39
  • 24h Vol: $53,106,111,838.43
  • BTC Dominance: 56.58%

wells notice

sec-informs-crypto-exchange-coinbase-of-potential-securities-law-violations

SEC Informs Crypto Exchange Coinbase of Potential Securities Law Violations

Leave a Comment / Bitcoin, Brian Armstrong, Coinbase, Crypto Hacked, Cryptocurrency, Ethereum, Regulation, SEC, SEC Brian Armstrong, sec coinbase, SEC Coinbase Earn, SEC Coinbase meeting, SEC Coinbase registration, SEC Coinbase staking, SEC Wells Notice Coinbase, wells notice / / / , , , , , , , , , , ,

The U.S. Securities and Exchange Commission (SEC) has sent Coinbase a “Wells notice” about potential violations of securities law. The Nasdaq-listed cryptocurrency exchange noted that, unlike what SEC Chairman Gary Gensler said, the securities regulator “will not let crypto companies ‘come in and register.’” Coinbase CEO Brian Armstrong explained: “A Wells notice typically precedes an […]

SEC Informs Crypto Exchange Coinbase of Potential Securities Law Violations Read More »

coinbase-to-suspend-trading-of-busd-amid-regulatory-crackdown

Coinbase to Suspend Trading of BUSD Amid Regulatory Crackdown

Leave a Comment / Binance, Bitcoin, BUSD, BUSD Coinbase, circulating supply, Coinbase, Coinbase BUSD, Crypto Hacked, Crypto Supporters, Cryptocurrency, Cryptocurrency Exchange, cryptocurrency market, Delist, delisting, Ethereum, Impact, listing standards, March 13, Market Capitalization, News, NYDFS, Paxos, regulatory crackdown, reserve portfolio, SEC, Stablecoin, suspension, timing, token contract, Trade Suspension, trading, USDC, valuation, Value, Wallets, wells notice, wider market / / / , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

Cryptocurrency exchange Coinbase announced it will suspend trading and delist the Paxos-managed stablecoin asset BUSD. The decision follows Paxos’ revelation that the New York State Department of Financial Services directed the firm to stop issuing the U.S. dollar-pegged token BUSD. Coinbase to Suspend BUSD Stablecoin on March 13 On Feb. 27, 2023, Coinbase announced that

Coinbase to Suspend Trading of BUSD Amid Regulatory Crackdown Read More »

paxos-receives-wells-notice-from-sec,-nydfs-orders-issuer-to-stop-minting-busd

Paxos Receives Wells Notice from SEC, NYDFS Orders Issuer to Stop Minting BUSD

Leave a Comment / $16.1 billion, $492 million, $898.16 million, 5 billion, 9, alleged violations, Binance, Binance USD, Bitcoin, BUSD, circulating supply, Crypto Hacked, Cryptocurrency, enforcement action, Ethereum, financial institution, founded, investor protection laws, ItBit, limited-purpose trust charter, Market Capitalization, monitor, News, NYDFS, PAXG, Paxos, Paxos Trust Company, probe, redemptions, SEC, securities regulator, situation, Stablecoin, stablecoin issuers, Supply, technology company, unregistered security, USDP, wells notice, year-to-date statistics / / / , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

According to a report published on Feb. 12, 2023, the New York-based financial institution and technology company, Paxos, has received a Wells Notice from the U.S. Securities and Exchange Commission (SEC) regarding alleged violations of investor protection laws. Paxos revealed the following day that it would no longer mint BUSD and it was ending its

Paxos Receives Wells Notice from SEC, NYDFS Orders Issuer to Stop Minting BUSD Read More »