DIRS.INFO The most relevant business & tech news

Coinbase has the added benefit of having survived the so-called crypto winter, while so many of its rivals disappeared or downsized. Combination showing Former FTX CEO, Sam Bankman-Fried (L) and Zhao Changpeng (R), founder and chief executive officer of Binance. With assets of more than $65 billion on the platform, Binance remains the world's largest crypto exchange globally. watch nowBoth Coinbase and Binance still face legal battles with the Securities and Exchange Commission, which was noticeably absent from the Binance settlement. Regulatory approval would open up many more avenues for people to buy bitcoin.

Persons: Brian Armstrong, Carlos Jasso, Coinbase, Sam Bankman, FTX, Changpeng Zhao, Zhao Changpeng, Binance, Zhao, CoinGecko, Mizuho, it's, CNBC's Joumanna, Armstrong, Bittrex, JPMorgan Chase, Franklin Templeton Organizations: U.S . Securities, Exchange Commission, Bloomberg, Getty, Tech, Reuters, Justice Department, CNBC, Mizuho, Securities and Exchange Commission, U.S, SEC, JPMorgan, WisdomTree Locations: U.S, Binance, Needham, BlackRock, WisdomTree

☆ Binance settlement 'somewhat of a win' for the crypto firm: Swan Bitcoin's head of private clients
▼ + stars: | 2023-11-22 | by ( Talia Kaplan | Kaan Oguz | ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBinance settlement 'somewhat of a win' for the crypto firm: Swan Bitcoin's head of private clientsSteven Lubka, Swan Bitcoin's head of private clients & family offices, weighs in on the multi-billion dollar Binance settlement with U.S. government officials, the SEC's lawsuit against Kraken for allegedly operating an unregistered platform and Bittrex Global's announcement that it is shutting down.

Persons: Swan, Steven Lubka, Kraken

The seal of the U.S. Securities and Exchange Commission (SEC) is seen at their headquarters in Washington, D.C., U.S., May 12, 2021. REUTERS/Andrew Kelly/File PhotoAug 10 (Reuters) - Bittrex Inc and Bittrex Global have agreed to pay a total of $24 million to settle claims by the U.S. Securities and Exchange Commission, according to a court filing in Seattle federal court on Thursday. Reporting by Jody Godoy Editing by Chris ReeseOur Standards: The Thomson Reuters Trust Principles.

Persons: Andrew Kelly, Jody Godoy, Chris Reese Organizations: U.S . Securities, Exchange Commission, Washington , D.C, REUTERS, Bittrex, Thomson Locations: Washington ,, Seattle

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailFederal judge rules some crypto assets are securities in Do Kwon, Terraform case: CNBC Crypto WorldCNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what's ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry. On today's show, Oliver Linch, CEO and general counsel of Bittrex Global, weighs in on Worldcoin's launch sparking privacy concerns in Europe.

Persons: Kwon, explainers, Oliver Linch Organizations: CNBC Crypto, CNBC, Bittrex Locations: Europe

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBitcoin moves higher after Fed decision, and Binance addresses emergency fund: CNBC Crypto WorldCNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what's ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry. On today's show, Bittrex Global CEO Oliver Linch weighs in on the recent SEC charges against several crypto companies, including Bittrex, and what the regulatory crackdown means for the industry as a whole.

Persons: explainers, Oliver Linch Organizations: CNBC Crypto, CNBC, Bittrex, SEC

The U.S. Securities and Exchange Commission (SEC) on Monday took aim at Binance, the world's largest cryptocurrency exchange. The SEC accuses Binance and its CEO Changpeng Zhao of operating a "web of deception". The SEC said Coinbase traded at least 13 crypto assets that are securities that should have been registered, including tokens such as Solana, Cardano and Polygon. Reuters GraphicsFounded in 2012, Coinbase recently served more than 108 million customers and ended March with $130 billion of customer crypto assets and funds on its balance sheet. Tuesday's SEC lawsuit seeks civil fines, the recouping of ill-gotten gains and injunctive relief.

Persons: Binance, Changpeng Zhao, Kevin O'Brien, Ford O'Brien Landy, Coinbase, Nansen, Paul Grewal, Coinbase's, Ed Moya, bitcoin, Oanda's Moya, Dado Ruvic, Gary Gensler, Gensler, Kristin Smith, Jonathan Stempel, Hannah Lang, Michelle Price, Kevin Buckland, Leslie Adler, Christopher Cushing Organizations: YORK, U.S . Securities, Exchange Commission, SEC, Global Inc, Exchange, REUTERS, Securities, Supreme, Beaxy Digital, Bittrex Global, CNBC, Blockchain Association, Reuters Graphics, U.S, Binance's U.S, Thomson Locations: Manhattan, Solana, Cardano, bitcoin, Binance, Binance.US, Binance's, Cayman Islands, New York, Washington, Tokyo

The U.S. Securities and Exchange Commission on Monday took aim at Binance, the world's largest cryptocurrency exchange. The SEC said Coinbase traded at least 13 crypto assets that are securities that should have been registered, including tokens such as Solana, Cardano and Polygon. More recently, it has taken aim at unregistered crypto broker dealer, exchange trading and clearing activity. Reuters GraphicsFounded in 2012, Coinbase recently served more than 108 million customers and ended March with $130 billion of customer crypto assets and funds on its balance sheet. Tuesday's SEC lawsuit seeks civil fines, the recouping of ill-gotten gains and injunctive relief.

Persons: Binance, Changpeng Zhao, Kevin O’Brien, Ford O’Brien Landy, Coinbase, Nansen, Paul Grewal, Coinbase's, Gary Gensler, Dado Ruvic, Gensler, Kristin Smith, Jonathan Stempel, Hannah Lang, Michelle Price, Lisa Shumaker, Leslie Adler Organizations: YORK, U.S . Securities, Exchange Commission, SEC, Global, Securities, Supreme, Exchange, REUTERS, Beaxy Digital, Bittrex Global, CNBC, Blockchain Association, Reuters Graphics, U.S, Thomson Locations: Manhattan, Solana, Cardano, U.S, Binance, New York, Washington

Two crypto platforms, Voyager and Bittrex, have recently declared bankruptcy, and investors no longer have access to their crypto. To keep your crypto safe with other platforms, consider "cold storage," which refers to keeping your crypto offline. The Voyager and Bittrex bankruptcies are part of a prolonged "crypto winter" along with other crypto company bankruptcies of the past year, including FTX, Celsius, and more. Globally, countries are evaluating Central Bank Digital Currencies, the development of which you can track via the Atlantic Council's website. Regardless of the crypto winter and continuing cascade of crypto platform bankruptcies, digital currencies aren't going anywhere anytime soon.

☆ Crypto exchange Bittrex files for bankruptcy after SEC complaint
▼ + stars: | 2023-05-08 | by ( Dietrich Knauth | ) www.reuters.com time to read: +2 min

May 8 (Reuters) - Cryptocurrency exchange Bittrex Inc filed for bankruptcy protection on Monday, three weeks after the U.S. Securities and Exchange Commission (SEC) accused it of operating an unregistered securities exchange. Seattle-based Bittrex ceased operations in the United States on April 30, and it said the bankruptcy filing would not impact Bittrex Global, which serves customers outside the United States. Bittrex said that it was still holding crypto assets of U.S. customers who did not withdraw funds before April 30. Bittrex has denied the SEC's allegations, saying the crypto assets on its platform were not securities or investment contracts. Bittrex's other largest creditors were mostly customers of the crypto exchange.

April 17 (Reuters) - The U.S. Securities and Exchange Commission on Monday charged cryptocurrency exchange Bittrex Inc and its former CEO William Shihara with operating an unregistered national securities exchange, broker and clearing agency. The SEC also charged Bittrex's foreign affiliate, Bittrex Global GmbH, for failing to register as a national securities exchange in connection with its operation of a single shared order book along with Bittrex. Shihara and a representative for Bittrex did not immediately respond to requests for comment. Seattle-based Bittrex had previously announced it would shutter its U.S. operations effective April 30 due to "continued regulatory uncertainty." Gensler has previously said that companies that help facilitate transactions in the cryptocurrency market should register with the SEC like other market intermediaries.

☆ 'Can't get their act together': Crypto firms slam SEC, Washington for lack of clarity on rules
▼ + stars: | 2023-03-24 | by ( Arjun Kharpal | ) www.cnbc.com time to read: +5 min

Joe Lubin, CEO of ConsenSys and co-founder of Ethereum, told CNBC Thursday that he thought the ecosystem was "generally frustrated." And it's a little bit, you know, sort of a frustrating thing to observe," Nicolas Cary, president of Blockchain.com, told CNBC on Thursday. "I find the talking point that there's a lack of clarity in the securities laws unpersuasive," Gensler said. "Some crypto companies might message that the laws are unclear rather than admitting that their platforms don't have sufficient investor protection." watch nowHe laid out instances where crypto firms come under existing securities laws, such as when a company offers lending products.

☆ Bitcoin at $100,000? Insiders say the cryptocurrency could test new highs this year
▼ + stars: | 2023-03-23 | by ( Arjun Kharpal | ) www.cnbc.com time to read: +4 min

In this article BTC.BS=-USSBTC.CB=BTC.CM= Follow your favorite stocks CREATE FREE ACCOUNTCryptocurrency industry insiders predict bitcoin could hit a new all-time high in 2023 and possibly reach $100,000. Bitcoin previously hit its all-time high of $68,990.90 in November 2021. related investing news How crypto prices may react to the latest Fed decision Marshall Beard, chief strategy officer at U.S.-headquartered cryptocurrency exchange Gemini, said $100,000 could be a possibility for bitcoin. "I think bitcoin probably breaks all-time highs this year," Beard said, adding that the $100,000 price figure is an "interesting number." Paolo Ardoino, chief technology officer at stablecoin issuer Tether, said bitcoin could "retest" its all-time high near $69,000.

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailEther climbs 1%, and Robinhood reveals crypto-related subpoena from SEC: CNBC Crypto WorldCNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what's ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry. On today's show, Oliver Linch of Bittrex Global explains what some countries are doing to entice talent in the crypto space.

☆ Crypto Brands Reposition Themselves in Wake of FTX and Market Tumble
▼ + stars: | 2023-02-07 | by ( Patrick Coffee | ) www.wsj.com time to read: +7 min

Roughly one year ago, a handful of crypto heavyweights made swaggering debuts on the Super Bowl ad roster, airing costly commercials with messages like “Don’t miss out” (FTX) and “Fortune favors the brave” (Crypto.com). Then came the swoon in crypto and the bankruptcy of FTX. Recently, trading firm OKX scuttled its plans to buy an ad in Super Bowl LVII when FTX began to dominate the news cycle. Coinbase aims to convey its confidence in crypto “while maintaining our position as the most trusted brand in the space,” Chief Marketing Officer Kate Rouch said. “I think that, especially after the FTX collapse, there has been a real need for that across the entire crypto space,” he said.

Search resuls for: "Bittrex Global"

14 mentions found