Consensys has announced that the U.S. Securities and Exchange Commission (SEC) has decided to close its investigation into Ethereum 2.0. This decision implies that the SEC will not allege that sales of ETH are securities transactions. The announcement follows a request from Consensys to the SEC to affirm that the approval of ETH exchange-traded funds […] Source: https://news.bitcoin.com/sec-closes-ethereum-2-0-investigation/
Month: June 2024
North Dakota latest US state to revoke Binance.US license
North Dakota’s Department of Financial Institutions Commissioner pointed to Binance’s money transmitter and AML convictions to make its case. Source: https://cointelegraph.com/news/binance-us-loses-money-transmitter-license-north-dakota
Ethereum back above $3.5K as Consensys says SEC to drop ETH probe
ETH jumped slightly and again broke $3,500 in the minutes after Consensys reported the SEC had dropped its investigation into Ethereum. Source: https://cointelegraph.com/news/ethereum-breaks-3500-sec-eth-securities-probe-ends
Stand With Crypto Endorses 18 New House and Senate Candidates
Stand With Crypto, a crypto and blockchain-focused political action committee (PAC), has decided to endorse 18 additional House and Senate candidates from both parties to get crypto-friendly allies to achieve positive results in the upcoming elections. Among the favored are Kirsten Gillibrand, Rick Scott, Dan Goldman, Young Kim, and House hopefuls Blake Masters and Sarah […] Source: https://news.bitcoin.com/stand-with-crypto-endorses-18-new-house-and-senate-candidates/
Alexandria Ocasio-Cortez Bashes Fairshake Involvement in New York Democratic Party Primaries
New York Rep. Alexandria Ocasio-Cortez has criticized the involvement of Fairshake, a crypto-focused super PAC, in New York’s 16th congressional district democratic party elections. Ocasio-Cortez qualified the media campaign against incumbent Jamaal Bowman, valued at over $2 million, as “corruption” and a “core threat to American democracy” on social media. Alexandria Ocasio-Cortez Tells Crypto PAC […] Source: https://news.bitcoin.com/alexandria-ocasio-cortez-bashes-fairshake-involvement-in-new-york-democratic-party-primaries/
Bitcoin ‘Banana Zone’ is next if these 3 indicators play out
Bitcoin “Banana Zone” is on the horizon, but it will need to reverse these key metrics first to maintain a “sustainable recovery.” Source: https://cointelegraph.com/news/bitcoin-price-banana-zone-crypto-analysts-key-metrics
Why UK Crypto Manager Tap Global Is Entering the US—Despite an Uncertain Regulatory Environment
We do the research, you get the alpha! Get exclusive reports and access to key insights on airdrops, NFTs, and more! Subscribe now to Alpha Reports and up your game! Go to Alpha Reports Crypto management company Tap Global has expanded its operations to the United States despite industry-wide concerns about regulation in the region. Tap Americas will now provide…
US Charges Empire Market Operators in $430M Dark Web Scheme — They Face Maximum Sentence of Life in Prison
The U.S. Homeland Security Investigations has charged two men for operating Empire Market, a dark web marketplace, facilitating $430 million in illegal transactions. The defendants face severe penalties, including life imprisonment. “During the investigation, federal law enforcement seized cryptocurrency valued at $75 million at the time of the seizures, as well as cash and precious […] Source: https://news.bitcoin.com/us-charges-empire-market-operators-in-430m-dark-web-scheme-they-face-maximum-sentence-of-life-in-prison/
SEC to drop investigation into Ethereum: Consensys
The SEC’s enforcement division said it’s closing its investigation into Ethereum, though Consensys says the fight isn’t over yet. Source: https://cointelegraph.com/news/sec-to-drop-ethereum-investigation-says-consensys
Analyst: Bank of Thailand Boosts Gold Reserves to Push De-Dollarized Trading System Fueled by CBDC
The Bank of Thailand might be increasing its gold reserves to power a de-dollarized trading system, according to Jan Nieuwenhuijs, a gold market analyst. Nieuwenhuijs states that the Bank of Thailand’s constant gold purchases might indicate the nation is preparing to address the possible trade imbalances derived from using Mbridge, a CBDC cross-border settlement project. […] Source: https://news.bitcoin.com/analyst-bank-of-thailand-boosts-gold-reserves-to-push-de-dollarized-trading-system-fueled-by-cbdc/