SEC backtracks on ‘crypto asset securities’ claim in Binance suit – crypto.news
In an amended complaint against cryptocurrency exchange Binance and its former CEO Changpeng Zhao, the U.S. Securities and Exchange Commission said it never intended to classify cryptocurrencies as securities. While expanding Binance Litigation In response to the request to include the three additional tokens, the Securities and Exchange Commission withdrew the “cryptocurrency securities” assertion it […]
‘Putting In The Work’: Republicans View JD Vance As Invaluable Asset As Campaign Enters Home Stretch
Republicans believe former President Donald Trump made the right choice in selecting Ohio Sen. J.D. Vance as his running mate as the election enters the fourth quarter. Vance has spent the last few weeks of August campaigning, battling a hostile media and contrasting himself with Vice President Kamala Harris, who has dodged the press. But […]
Custodia Bank laying off employees as Biden admin’s crypto crackdown weighs on digital asset industry
The hosts of the CoinStories podcast discuss the state of cryptocurrencies following the global market sell-off. The Biden administration's tightening of regulations on cryptocurrencies has led to major restructuring at some of the smaller but better-known crypto banks. Custody Bank, a Wyoming-based financial institution that provides banking services to cryptocurrency companies, notified employees on Thursday […]
‘Great asset’: Radical Dems, socialists thrilled by Harris’ VP pick Tim Walz
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Ethereum ETF countdown: Bitwise CIO sees 'birth of a new asset class' – CNBC
Wall Street is bracing for a new set of cryptocurrency exchange-traded funds: Ethereum. Pending approval from the U.S. Securities and Exchange Commission, a spot Ethereum ETF could hit the market as early as this week, and Bitwise Asset Management’s Matthew Hogan plans to get in on the action. “This is kind of the birth of […]