Monday, February 24, 2025
Home > Settlement (Page 10)

Ceffu (Formerly Binance Custody) to be Custodian of Flynt Finance for Enhanced Asset Security and Off-Exchange Settlement – Press release Bitcoin News

press release PRESS RELEASE. Flynt Finance, a cryptocurrency portfolio management platform, has announced a partnership with Ceffu, formerly known as Binance Custody, to provide its clients with enhanced asset storage security and access to its off-exchange settlement solution, Mirror. Ceffu is an institutional custodian that offers secure custody and liquidity solutions.

Read More

‘Regulators let the bad guys get big’ — Kraken CEO speaks out after SEC settlement

Jesse Powell, the current CEO of crypto exchange Kraken, has called out United States financial regulators for letting “the bad guys” win to suit their agenda.In a Feb. 19 Twitter thread, Powell speculated that U.S. regulators — seemingly including the Securities and Exchange Commission (SEC) — were allowing crypto firms

Read More

Kraken CEO Calls on Congress to Protect US Crypto Industry Following Settlement With SEC Over Staking Program – Regulation Bitcoin News

The CEO of crypto exchange Kraken, Jesse Powell, has called on Congress to pass a law to protect the U.S. crypto industry after the Securities and Exchange Commission (SEC) took action against his trading platform over its crypto staking service. Kraken’s CEO Responds to SEC Action Kraken CEO Jesse Powell urged Congress

Read More

Kraken Crypto Staking Settlement Bedevils Markets as Bitcoin Lingers Below $21.9K

Ether, the second largest crypto by market cap, behaved similarly, dropping from its previous support comfortably above $1,600 to about $1,546, a 6.6% decline from Wednesday same time, that was part of a wider market downswing. The drop-off after a five-week spike began after Coinbase CEO Brian Armstrong tweeted Wednesday

Read More

Kraken reaches $30M settlement with SEC over staking

Cryptocurrency exchange Kraken has reached an agreement with the United States Securities and Exchange Commission to stop offering staking services or programs.In a Feb. 9 announcement, the SEC said it had charged Kraken with “failing to register the offer and sale of their crypto asset staking-as-a-service program,” which the commission

Read More

Crypto Exchange Kraken to Shut Staking Service, Pay $30M Fine in SEC Settlement

“Whether it’s through staking-as-a-service, lending, or other means, crypto intermediaries, when offering investment contracts in exchange for investors’ tokens, need to provide the proper disclosures and safeguards required by our securities laws,” said SEC Chair Gary Gensler. “Today’s action should make clear to the marketplace that staking-as-a-service providers must register

Read More