The founder of dYdZX argued that early-stage crypto projects can scale faster by ignoring U.S. customers, as they won't have to deal with the hassles of the U.S. regulatory climate.
Abra and its CEO William Barhydt have been issued with an emergency cease and desist order.
Young people have been shown to be the biggest crypto adopters that also largely voted for the Democrats in the last election.
New details revealed in the SEC complaint could explain why Brian Brooks abruptly stepped down as CEO of Binance.US in 2021, a crypto lawyer suggests.
Unbanked is yet another crypto firm to wind down this month, joining BottlePay, HotBit, Teressa and, most recently, TradeBlock.
The chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, revealed that he has asked staff at the SEC to fine-tune compliance for crypto tokens and intermediaries. He…