Bakkt to officially sunset consumer app on 16 March 2023
Bakkt App will officially terminate on 16 March 2023, the firm announced today. However, Bakkt says app users will still access their cryptocurrencies and cash...
Are stablecoins securities? Well, its not so simple, say lawyers
Recently reported planned enforcement action against Paxos by the United States Securities and Exchange Commission (SEC) over Binance USD (BUSD) has many in the community questioning how...
Coinbase will ‘happily defend’ staking in U.S. courts, says CEO
Crypto exchange Coinbase's executives are standing up for its crypto staking services, claiming it cannot be classified as a security, and threatening to bring the...
Staking ban is another nail in crypto’s coffin — that’s a good thing
Rumors of an impending crypto ban came to fruition on Feb. 9 with the Securities and Exchange Commission’s enforcement action against Kraken, which resulted in...
‘Kraken Down’ — SEC commissioner rebukes own agency over recent action
United States Securities and Exchange Commission (SEC) Commissioner Hester Pierce has publicly rebuked her own agency over the shutdown of crypto exchange Kraken’s crypto staking...
Kraken reaches $30M settlement with SEC over staking as IRS seeks user information
Cryptocurrency exchange Kraken has reached an agreement with the United States Securities and Exchange Commission to stop offering staking services or programs to U.S. clients.In...
New Hampshire could become an alternative for crypto firms moving to the Bahamas
New Hampshire is on the verge of becoming a national leader in cryptocurrency if its legislature follows through on recommendations made by a commission appointed...
Crypto and securities: New interpretation of US Howey test gaining ground
The crypto community celebrated a victory in court on Jan. 30 when the United States Securities and Exchange Commission (SEC) admitted in the remedies hearing...
Russian government subsidizes crypto mining facility in Siberia
The crypto mining industry has faced moratoriums in some parts of the United States and Canada in recent months. Now, Russia provides tax incentives for...
Getting rid of crypto staking would be a ‘terrible path’ for the US — Coinbase CEO
The CEO and co-founder of cryptocurrency exchange Coinbase, Brian Armstrong, believes that banning retail crypto staking in the United States would be a ‘terrible’ move...