The U.S. Securities and Exchange Commission (SEC) has issued a statement on the recent wave of applications for spot bitcoin exchange-traded funds (ETFs), saying that they do not meet the standards for approval. The SEC said that the applicants have…
Wyre is a platform that provides infrastructure for the new economy. It enables users and developers to interact with both traditional payment networks and blockchain-based digital assets. Wyre offers easy-to-use APIs, a user-friendly dashboard, and a concierge OTC desk. Wyre…
Crypto investors have reportedly raced to pull out funds from Binance’s U.S. arm in the last 24 hours, as the sum pulled out hits $791 million after SEC filed 13 charges against Binance. Investors have reportedly withdrawn $1.65 billion worth…
The US Securities and Exchange Commission (SEC) has filed a lawsuit against Binance, the world’s largest cryptocurrency exchange by trading volume, accusing it of violating US securities laws and deceiving US investors. The lawsuit, which was filed on June 5,…
The legal battle between Ripple Labs and the U.S. Securities and Exchange Commission (SEC) over the status of XRP, the world’s seventh-largest cryptocurrency, has reached a critical stage. Both parties have filed their final briefs in support of their summary…
