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Regulations
ShapeShift Settles SEC Charges It Sold Crypto Securities
The federal regulator instituted a cease-and-desist against ShapeShift, which dissolved its U.S. crypto exchange in 2021.

SEC Pushes Back Decision on BlackRock, Fidelity's Ether ETF Applications
The SEC wants to know if the applications for ETFs that hold Ethereum's ether (ETH) are supported by the same arguments that led to the approval of spot bitcoin ETFs.

Crypto Seeks to Make Mark on U.S. Elections During 'Super Tuesday'
Coinbase CEO Brian Armstrong calls primaries a "chance to send a message" to U.S. politicians ignoring digital assets policy issues.

Binance.US Not Being Totally Forthcoming, SEC Complains in New Filing
The SEC and Binance.US filed a joint status report detailing ongoing discovery efforts on Tuesday.

Crypto Lender Nexo Secures First Regulatory Victory in Dubai
Receiving a full license involves three stages: an initial provisional permit, a preparatory license, and an operating license.

Binance Will Discontinue Its Nigerian Naira Services After Government Scrutiny
Two Binance executives were recently detained in the country, and the exchange’s CEO Richard Teng, has been summoned to appear before a committee.

BRICS Will Create Payment System Based on Digital Currencies and Blockchain: Report
For some time now, the BRICS grouping has been making efforts to reduce its reliance on U.S. dollars in settlement.

Prometheum Taps Morgan Stanley Exec as CFO Just Before Opening Doors
The much-debated crypto firm hired an experienced Wall Street hand who handled regulatory policy in his last job and also worked for Goldman Sachs and Fidelity.

Hong Kong's Markets Regulator Issues Warning Against Crypto Exchange BitForex
On Feb. 23., BitForex went offline after $57 million was reportedly withdrawn from the exchange's hot wallets.

U.S. Judge Enters Default Ruling Against Ex-Coinbase Insider, Says Secondary Market Sales Are Securities Transactions
In May 2023, the SEC settled charges with Ishan Wahi and Nikhil Wahi in what it has called the "first-ever insider trading case involving cryptocurrency markets."
