The crypto exchange is currently involved in a legal battle with the U.S. Securities and Exchange Commission over allegedly offering unregistered securities.
Over the last year, leaders in the European Union have been vocal about their desire to stay on top of the latest developments in Web3.
The SEC has accepted Valkyrie’s spot Bitcoin ETF filing for review. The fund would trade under “BRRR,” a reference to a popular meme in the Bitcoin community.
The CEO and other top executives are accused of a breach of fiduciary duties, unjust enrichment and wasting corporate assets.
After buying GK8 for $115 million in 2021, Celsius has recouped $44 million of that but will spend most of the sum on legal fees.
Faruk Fatih Özer failed to submit the requested documents to the Tax Inspection Board. He denied being Thodex’s official at the time, which prevented him from presenting the requested books.
CFTC Commissioner Caroline Pham says recent court opinions around digital assets and securities are a first step to crypto regulatory clarity.
The Securities and Exchange Commission chair highlighted market surveillance and other instances where agency staff could benefit from making greater use of AI.
Memes found to be non-compliant with financial promotion rules could carry up to two years in jail under a proposal from the FCA.
The ARK Invest CEO says the recent Ripple court ruling is a major win for crypto exchanges.