Crypto

Bitcoin retreated from recent highs on Wednesday, ahead of the upcoming U.S. Federal Open Market Committee (FOMC) interest rate announcement. The Fed is expected to keep rates unchanged, despite inflation rising by more than expected in August. Ethereum also gave up gains in today’s session. Bitcoin Bitcoin started the day trading marginally lower, as markets prepared for the highly anticipated…

According to David Hirsch, head of the U.S. Securities and Exchange Commission’s (SEC) Crypto Assets and Cyber Unit, more enforcement actions against firms that haven’t properly registered with the regulator are expected. Hirsch discussed crypto assets and exchanges Tuesday at an SEC forum in Chicago. SEC Crypto Head Forewarns Tougher Enforcement While the crypto community has focused on the…

In a setback for the government, a federal judge rejected a request by the U.S. securities regulator to inspect the technological infrastructure of Binance US. The U.S. Securities and Exchange Commission (SEC) accuses the American subsidiary of the leading crypto exchange of non-cooperation with its probe. U.S. SEC Fails to Secure Court Authorization to Inspect Binance US Software Securities…

The U.S. Securities and Exchange Commission (SEC) filed a reply to support its motion to compel Binance Holdings Limited to comply with expedited discovery related to customer assets. The reply comes after months of alleged delays and incomplete responses from Binance as it fights a lawsuit alleging it violated federal securities laws. SEC Seeks Court-Ordered Probe of Binance US in Ongoing Crypto…