Coinbase appeals SEC rulemaking petition denial as promised

Coinbase appeals SEC rulemaking petition denial as promised

Coinbase is continuing its efforts to ensure adequate legislation on cryptocurrency used as securities. After the United States Securities and Exchange Commission (SEC) denied Coinbase’s petition for rulemaking on cryptocurrency on Dec. 15,…

FTX debtors assess value of crypto claims based on petition date market prices

FTX debtors assess value of crypto claims based on petition date market prices

The debtors of the now-defunct cryptocurrency exchange FTX have filed an amended Chapter 11 plan of reorganization, which proposes that the value of customer asset claims will be retroactively set to the time…

Indian Supreme court rejects crypto petition, highlights legislative nature

Indian Supreme court rejects crypto petition, highlights legislative nature

The Indian Supreme Court declined to consider a Public Interest Litigation (PIL) that aimed to establish regulations and a framework of guidelines for cryptocurrency trading in India. According to a report, the bench…

Coinbase continues push to compel SEC to act on crypto rulemaking petition

Coinbase continues push to compel SEC to act on crypto rulemaking petition

Coinbase has doubled down on its push for a court order compelling the United States Securities and Exchange Commission (SEC) to act on the firm’s crypto rulemaking petition. Coinbase wants a mandamus issued…

Nevada FID Files Court Petition To Place Prime Trust In Receivership Over Financial Woes

Nevada FID Files Court Petition To Place Prime Trust In Receivership Over Financial Woes

Nevada’s Financial Institutions Division has taken legal action against Prime Trust LLC, filing a court petition to place the company in receivership. The Division cited concerns about Prime Trust’s unsafe and unsound operations…

South Korean authorities move to clean up and cool down cryptocurrency markets

South Korean authorities move to clean up and cool down cryptocurrency markets

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