SEC Slaps Digital Currency Group with $38M Fine for Misleading Investors

Investigation reveals systematic misrepresentation of financial stability, with DCG concealing a potential $1B loss exposure through GGC subsidiary. The settlement includes both monetary penalties and a cease-and-desist order, highlighting SEC’s broader crackdown on crypto misconduct. Case draws parallels to other major financial enforcement actions, demonstrating regulators’ commitment to market transparency. The United States Securities and…

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Ethereum ETF Issuers May Get Staking Approval Soon, ETH Price Breakout Ahead?

Lubin emphasized that Ethereum ETF fund issuers are working on robust solutions to address staking-related challenges. Spot Ethereum ETFs have seen growing inflows, particularly after Donald Trump’s election victory. Crypto mom Hester Pierce will lead the crypto task force and clear way for Ether ETF staking. ConsenSys founder Joe Lubin said that the issuers of…

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Czech Central Bank Governor to Propose Allocating 5% of National Reserves to Bitcoin

Governor Aleš Michl sees Bitcoin as a hedge against economic uncertainty and an opportunity to diversify the nation’s financial assets. The move aligns with growing trends worldwide, as US states like Utah and Arizona push similar Bitcoin reserve plans. If approved, the Czech Republic could set a precedent for other nations considering Bitcoin in their…

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Kraken Relaunches Bitcoin and Ethereum Staking Services for US Customers

Kraken has resumed its staking services for US customers after nearly two years of regulatory restrictions. The relaunch follows a political shift that saw crypto policies loosen under the new administration. Kraken’s new staking program is now available in 39 states and supports 17 cryptocurrencies. After nearly two years of regulatory hurdles, Kraken, a leading…

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