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SEC Charges Abra With Unregistered Sales of Crypto Asset Securities

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The U.S. Securities and Exchange Commission (SEC) has filed settled charges against Plutus Lending LLC, operating as Abra, for failing to register the offers and sales of its crypto asset lending product, Abra Earn. The SEC also accused Abra of operating as an unregistered investment company, further complicating the firm’s regulatory standing. SEC Targets Abra … Read more

Germany’s Bitcoin Group Welcomes Licensing for Crypto Custodians, Expects Competition From Banks

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Bitcoin Group SE, a prominent member of the European crypto industry, has been preparing to apply for permission to conduct crypto custody activities in its home country, Germany. The providers of such services in the Federal Republic are now recognized as financial institutions. Bitcoin Group, which has been in the business for some time, welcomes … Read more

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  • bitcoinBitcoin(BTC)$118,120.00-0.14%
  • ethereumEthereum(ETH)$3,781.20-1.13%
  • rippleXRP(XRP)$3.10-0.76%
  • tetherTether(USDT)$1.000.01%
  • binancecoinBNB(BNB)$794.42-3.39%
  • solanaSolana(SOL)$178.37-2.25%
  • usd-coinUSDC(USDC)$1.000.01%
  • staked-etherLido Staked Ether(STETH)$3,778.30-1.06%
  • dogecoinDogecoin(DOGE)$0.219627-2.77%
  • tronTRON(TRX)$0.335471-3.75%