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Robinhood Receives Investigative Subpoena from SEC Over Crypto Business

Robinhood Receives Investigative Subpoena from SEC Over Crypto Business

Robinhood disclosed in a recent 10-K filing that it received an investigative subpoena from the SEC in December 2022 regarding its supported cryptocurrencies, custody of cryptocurrencies, and platform operations. The subpoena was in response to the bankruptcies of several major cryptocurrency trading venues and lending platforms earlier in the year, including FTX, Three Arrows Capital, Voyager Digital Holdings, and Celsius Network. This follows previous subpoenas from the California Attorney General's Office and scrutiny from the Massachusetts Securities Division. Robinhood's crypto division was also fined $30 million by the New York District of Financial Services in August 2021 for failing to invest the proper resources and attention to develop and maintain a culture of compliance.

Coinbase Considers Support for 18 New Cryptos Including VeChain, Prompting Higher Prices

Coinbase Considers Support for 18 New Cryptos Including VeChain, Prompting Higher Prices

Coinbase is considering adding a new range of digital assets, including VeChain, Aragon, Bancor, Siacoin, Origin Protocol, and Ren to its potential listings.

Can XRP Token Price Ever Recover from SEC Lawsuit Against Ripple?

Can XRP Token Price Ever Recover from SEC Lawsuit Against Ripple?

Ripple CEO Brad Garlinghouse remains defiant in the face of the SEC’s lawsuit but the XRP token continues to lose value with multiple exchange de-listings. Can XRP recover?

Online Travel Agencies Booking.com and Travala.com Enters Into Strategic Partnership for Mass Adoption of Crypto

Online Travel Agencies Booking.com and Travala.com Enters Into Strategic Partnership for Mass Adoption of Crypto

Travala.com, a crypto-friendly travel platform founded in 2017 and Booking.com, an online travel agency established in 1996 have signed a strategic partnership deal that is aimed at encouraging the mass adoption of cryptocurrency.

PSG and Juventus Fan Crypto Token Prices Surge as Binance Listing Goes Live

PSG and Juventus Fan Crypto Token Prices Surge as Binance Listing Goes Live

Binance has just listed the crypto fan tokens of football giants Juventus and Paris St-Germain—both the JUV and PSG tokens have immediately recorded a token price surge.

OKEx to Shut Down Its Crypto Business Operations in South Korea by April

OKEx to Shut Down Its Crypto Business Operations in South Korea by April

OKEX intends to shut down its crypto branch in South Korea. According to sources familiar with the talks, the move is attributed to new anti-money laundering regulations in the country.

Dash NEXT: Fostering Crypto Adoption in Asian Tourism

Dash NEXT: Fostering Crypto Adoption in Asian Tourism

Felix Mago is the CEO of Dash Thailand, and has been working in the blockchain space since 2014 and one of the driving forces of cryptocurrency adoption in Thailand. He is the author of the “Bitcoin Handbook” and the co-founder of the Dash Embassy Thailand as well as the co-founder of Futerio, a southeast Asia based gateway to blockchain, ICOs, and OTC brokerage.

Polkadot (DOT) Continues on Bullish Momentum, Becoming the Sixth-Largest Crypto by Market Cap

Polkadot (DOT) Continues on Bullish Momentum, Becoming the Sixth-Largest Crypto by Market Cap

The Polkadot (DOT) token was invited to major exchanges earlier this week and has recorded an ROI of more than 80 percent in the past four days.

Coinbase Will Go Public Via Direct Listing Not IPO

Coinbase Will Go Public Via Direct Listing Not IPO

Coinbase has revealed that it plans to go public through a direct listing instead of a traditional Initial Public Offering (IPO).

First Ever Blockchain-Based IPO Launches on National Stock Exchange

First Ever Blockchain-Based IPO Launches on National Stock Exchange

The shares are available on the MERJ exchange platform as well as through broker-dealer Jumpstart and crypto custodian Prime Trust, which are both based in the US and via Globacap.

Coinbase Welcomes New Chief Legal Officer from Facebook's Legal Team: Introducing Paul Grewal

Coinbase Welcomes New Chief Legal Officer from Facebook's Legal Team: Introducing Paul Grewal

Coinbase proudly announced in a July 8 blog post that a new addition will be made to the crypto exchange’s legal team. Paul Grewal, a former US magistrate judge in California and Deputy General Counsel for Facebook, will be joining the ranks of the digital currency exchange.

Coinbase Sued for XRP Token Sales, List of Complaints against the Cryptocurrency Exchange Grows

Coinbase Sued for XRP Token Sales, List of Complaints against the Cryptocurrency Exchange Grows

In a surprising twist of events, US-based crypto exchange Coinbase is also being sued for the sale of XRP tokens.

CoinCodex and CoinGecko Break CoinMarketCap's Monopoly on Cryptocurrency Rankings and Price Tracking

CoinCodex and CoinGecko Break CoinMarketCap's Monopoly on Cryptocurrency Rankings and Price Tracking

Since the release of Bitcoin in 2009, the cryptocurrency industry has continued to evolve to the extent that major banks like JP Morgan Chase have started supporting crypto businesses. This trend has created avenues for various cryptocurrency comparison sites that list prices, market cap, trading volume, and coins in real-time. Nevertheless, this field is no longer a one-stop shop because CoinGecko and CoinCodex have come up, and they are giving CoinMarketCap a run for its money.

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