Two firms account for the majority of Tether received: Report
A new study by Protos claims that Tether flow is dominated by just two firms, Alameda Research and Cumberland. Go to Source Powered by WPeMatico
Poloniex
Auto Added by WPeMatico
Commissioner Criticizes SEC for Taking Enforcement-Centric Approach to Crypto Regulation
A commissioner with the U.S. Securities and Exchange Commission (SEC) has criticized the securities watchdog for focusing on enforcement actions in its oversight of the crypto industry. SEC Commissioner Slams Agency for Focusing on Enforcement Actions in Regulating Crypto Assets SEC Commissioner Hester Peirce criticized her own agency Monday after it announced an enforcement action … Read more
‘Crypto Mom’ Hester Peirce slams SEC for $10m Poloniex settlement
“Crypto mom” Hester Peirce has slammed SEC’s $10 million settlement with Poloniex, challenging the opaque regulations U.S.-based crypto firms must navigate. Go to Source Powered by WPeMatico
SEC Fines Poloniex $10 Million for Operating Unregistered Cryptocurrency Exchange
The U.S. Securities and Exchange Commission (SEC) has charged Poloniex with operating an unregistered cryptocurrency exchange. Poloniex has agreed to a cease-and-desist order and to pay $10.34 million. SEC Hits Poloniex With Cease-and-Desist Order, Penalties The SEC announced Monday that “Poloniex LLC has agreed to pay more than $10 million to settle charges for operating … Read more
Poloniex settles charges with SEC for operating unregistered exchange
Poloniex will reportedly pay over $10 million as settlement for the SEC indictment. Go to Source Powered by WPeMatico
Ontario Securities Commission Snuffs out Crypto Exchanges, Poloniex Targeted for Flouting Compliance
The Ontario Securities Commission (OSC) published documentation on Tuesday that claims the Seychelles-based crypto exchange, Poloniex has failed to contact the OSC in order to start compliance discussions. Poloniex meets the OSC’s jurisdiction because the trading platform operates trading accounts for Ontario residents, the OSC’s breach and conduct report notes. OSC Says Poloniex Failed to … Read more
Court Authorizes IRS to Summon User Records From Kraken Cryptocurrency Exchange
The Internal Revenue Service (IRS) has obtained court authorization to serve a John Doe summons on cryptocurrency exchange Kraken. The tax agency is seeking data of users with $20,000 or more in cryptocurrency transactions during the years 2016 to 2020. IRS Wants User Information From Crypto Exchanges The U.S. Department of Justice (DOJ) announced Wednesday … Read more
Justin Sun: A Colorful Crypto Hawker or Surprising Business Savant?
Although he is outspoken, raucous, and bombastic when it comes to his public persona, Sun’s questionable publicity stunts could be part and parcel of his strategy for catapulting Tron into the spotlight and capitalizing on crypto’s momentum. Bombastic Approach May Underpin Tron’s Success It’s tough to take Tron’s Justin Sun seriously. His endless shilling on … Read more
US Court Authorizes IRS to Summon Cryptocurrency User Records From Circle and Poloniex
The Internal Revenue Service (IRS) has obtained authorization from a federal court to seek information on cryptocurrency users from Circle and Poloniex exchange platforms. The tax authority wants records identifying crypto users who conducted $20,000 or more in crypto transactions during the years 2016 to 2020 as well as other documents relating to their crypto … Read more
Dogecoin withdrawals get complicated during parabolic price increase
Some big-name exchanges have suspended DOGE withdrawals as the token sees unprecedented interest. Go to Source Powered by WPeMatico
