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Category: crypto industry

US Regulator to Continue Going After Crypto Entities Despite Court Setbacks — Expert

Posted on November 9, 2023 By Caden
US Regulator to Continue Going After Crypto Entities Despite Court Setbacks — Expert

The U.S. Securities and Exchange Commission is unlikely to issue clear guidelines on the application of the law against the crypto industry before its case against Ripple is finalized, an industry expert has said. The U.S. securities regulator only needs to provide “additional facts” to prove that secondary sales of crypto assets are illegal. Industry…

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Coinbase, Crypto, crypto exchanges, crypto industry, Cryptocurrency, Interview, Ripple, US Securities and Exchange Commission

Circle Partners With Cross River Bank, Handful of US ‘Crypto-Friendly’ Banks Remain; Okcoin Suspends USD Deposits

Posted on March 13, 2023 By Caden
Circle Partners With Cross River Bank, Handful of US ‘Crypto-Friendly’ Banks Remain; Okcoin Suspends USD Deposits

Circle Financial, the issuer of the stablecoin USDC, is partnering with Cross River Bank after its former settlement partner, Signature Bank, was closed by New York regulators, according to a statement from CEO Jeremy Allaire. “The 1:1 redeemability of all USDC in circulation is of paramount importance to Circle,” Allaire emphasized. Crypto Firms Scramble for…

Read More “Circle Partners With Cross River Bank, Handful of US ‘Crypto-Friendly’ Banks Remain; Okcoin Suspends USD Deposits” »

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