State of Crypto


Відео

Stablecoin Issuer Paxos ‘Categorically Disagrees’ With SEC That BUSD Is a Security

Paxos acknowledged it received a Wells Notice from the SEC, indicating a possible enforcement action is forthcoming based on the charge that its Binance USD (BUSD) stablecoin constitutes an unregistered security, according to a Monday press release. But the stablecoin issuer said it "categorically disagrees with the SEC staff because BUSD is not a security under the federal securities laws." CoinDesk Global Policy and Regulation Managing Editor Nikhilesh De discusses what we know so far and the larger implications for crypto regulation.

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Відео

Paxos to Stop Minting Stablecoin BUSD Following Regulatory Action

Stablecoin issuer Paxos will stop minting new Binance USD (BUSD) tokens at the direction of the New York Department of Financial Services (NYDFS), with the news coming just after a report of the threat of legal action from the U.S. Securities and Exchange Commission (SEC). CoinDesk Global Policy and Regulation Managing Editor Nikhilesh De discusses the details and the wider implications for crypto regulation.

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Політика

¿Qué significa el acuerdo de Kraken con la SEC para el staking de Cripto ?

Kraken tuvo un día bastante malo, pero la industria está más interesada en lo que esto significa para el staking.

SEC Chair Gary Gensler (Getty Images)

Відео

Kraken Ending Its Crypto Staking Services for US Customers, Former SEC Attorney Weighs In

Kraken is shuttering its crypto staking-as-a-service platform for U.S. customers and will pay $30 million to settle SEC charges it offered unregistered securities. In a blog post, Kraken said it would automatically unstake any assets staked by U.S. clients except for staked ether, which won't be unstaked until after the Ethereum Network's Shanghai upgrade takes effect. Ketsal partner and former SEC Attorney Zachary Fallon discusses what this could mean for the future of SEC enforcement actions over the crypto industry.

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Відео

Coinbase CEO Heard ‘Rumors’ the SEC May Ban Crypto Staking for Retail Customers

Coinbase CEO Brian Armstrong tweeted that he's heard rumors that the U.S. Securities and Exchange Commission wants to ban retail investors from engaging in cryptocurrency staking, the income-generating technique at the core of running blockchains including Ethereum. CoinDesk Global Policy and Regulation Managing Editor Nikhilesh De shares the latest developments.

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Відео

SEC Warns Crypto Stakes in Retirement Accounts May Be Unregistered Securities

The U.S. Securities and Exchange Commission (SEC) again made its case Tuesday that crypto assets are often unregistered securities being traded on unregistered exchanges, issuing an investor alert warning that people should be wary of crypto in individual retirement accounts (IRA). CoinDesk Global Policy and Regulation Managing Editor Nikhilesh De discusses the latest in the world of crypto regulation.

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Відео

Bankrupt Crypto Lender Genesis and Parent DCG Reach Initial Agreement With Main Creditors

Crypto conglomerate Digital Currency Group (DCG) and its bankrupt Genesis subsidiaries reached an in-principle agreement on terms of a restructuring plan with a group of the firm’s main creditors. CoinDesk Global Policy & Regulation Managing Editor Nikhilesh De discusses the terms of the proposed deal. DCG is the parent company of CoinDesk and Genesis.

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Відео

FTX Asks Lawmakers to Return Sam Bankman-Fried's Donations

FTX Group is sending "confidential letters" to politicians and other political beneficiaries of Sam Bankman-Fried, his deputies and his companies, asking them to return the money by the end of the month. This comes as Emergent Fidelity Technologies, a firm co-founded by SBF and former executive Gary Wang, filed for Chapter 11 bankruptcy protection. CoinDesk Global Policy & Regulation Managing Editor Nikhilesh De discusses what we know so far.

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Політика

La Casa Blanca está preocupada por las Cripto

La Casa Blanca del presidente estadounidense JOE Biden publicó una declaración sobre la implementación de salvaguardas para las criptomonedas.

The White House, Washington, D.C. (René DeAnda/Unsplash)

Відео

Sam Bankman-Fried Negotiating Bail Conditions, Court Filing Says

Counsel for former FTX CEO Sam Bankman-Fried is currently in talks with U.S. prosecutors to “resolve the outstanding issues related to Bankman-Fried’s bail conditions,” according to a court filing. Meanwhile, Proposals to subpoena FTX founder Sam Bankman-Fried, his immediate family and senior staff of the bankrupt crypto exchange have been opposed by the U.S. Trustee. CoinDesk Global Policy and Regulation Managing Editor Nikhilesh De breaks down the latest on Sam Bankman-Fried and FTX's hearings.

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