Abra


Markets

XRP Hits 7-Year High Above $3 as Large Holders Accumulate $3.8B of Tokens

Growing speculation of a potential spot XRP ETF is one of the factors driving the surge, one crypto analyst said.

Bitcoin Bulls (Unsplash)

Policy

U.S. SEC Settles With Abra Over Unregistered Sales of Securities

The securities regulator says Abra sold half a billion dollars in unregistered Abra Earn while also operating without registration as an investment company.

SEC Chair Gary Gensler (Jesse Hamilton/CoinDesk)

Finance

Abra Launches Treasury Service for Corporates That Want to Hold Crypto

The service will provide corporates, family offices and non-profits with a range of digital asset treasury management solutions.

Abra CEO Bill Barhydt. (CoinDesk archives)

Policy

Abra Settles With 25 States for Operating Without Licenses, Will Return Up to $82M to U.S. Customers

As part of the settlement agreement, Abra pledged to stop accepting crypto deposits from U.S.-based Abra Trade customers.

Abra CEO Bill Barhydt (CoinDesk archives)

Videos

What's Next for Crypto Regulation and Innovation?

Abra CEO Bill Barhydt and Nodle co-founder and CEO Micha Benoliel joined CoinDesk Live at Consensus 2024 with conversations on the major events in the past decade that shaped the crypto industry and how the evolution of digital assets will continue in the future.

Recent Videos

Policy

Abra to Open Withdrawals After Settling with Texas Regulators

More than 12,000 investors could be able to withdraw roughly $13 million worth of crypto, according to a new settlement between Abra and state regulators.

Abra CEO Bill Barhydt speaks during SALT 2022

Videos

Crypto Lender Abra Has Been Insolvent for Months, State Regulators Say

In an emergency cease-and-desist order, the Texas State Securities Board alleged that Abra has been insolvent since at least March 31, 2023. "The Hash" panel discusses the state securities regulators' allegations on the crypto lender.

CoinDesk placeholder image

Policy

Crypto Lender Abra Has Been Insolvent for Months, State Regulators Say

State regulators say Abra held tens of millions of dollars' worth of assets on now bankrupt platforms.

Bill Barhydt of Abra (CoinDesk)

Videos

Abra CEO on Plan to Launch the First Operational US State-Chartered Bank in the Digital Asset Space

Crypto investing app Abra is in the process of forming Abra Bank for U.S. customers and Abra International for those outside the United States.

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