SEC Says It Will ‘Review’ Bitcoin ETF Rejections

Banking giant Citigroup (C) is reviewing its partnership with Metaco a month after Ripple Labs announced that it has agreed to acquire the crypto custody firm for $250 million, according to a Bloomberg report, citing people familiar with the matter.Citigroup has now started talks with several other custody providers, the report added.Ripple announced the acquisition…

Crypto platform Nexo plans to phaseout some of the products that it offers to U.K. clients in response to new rules in the country, a company spokesperson told CoinDesk on Friday.From Oct. 8 It will be initiating the phase-out of cashback payouts for Nexo Exchange and Nexo Card transactions, as well as referral and affiliate

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The U.S. Securities and Exchange Commission (SEC) said Tuesday that it has charged and reached agreements with two companies and their owners that operate in the cryptocurrency space. The securities regulator alleged that Crypto Asset Management LP (CAM) and its principal, Timothy Enneking, had marketed itself under false pretenses, alleging that Enneking raised more than…

Mar 30, 2020 at 05:00 UTC“If not resolved quickly, the impact of the novel Coronavirus (COVID-19) global pandemic could have a material adverse effect on our business,” Riot Blockchain said in a filing. (Image via Shutterstock)Riot Blockchain is worried that COVID-19 may “seriously disrupt” its bitcoin mining operations. The Nasdaq-listed rig builder revealed its concerns in…

The U.K's Nationa Audit Office said the country's financial regular is slow to take enforcement action against companies breaking rules.It highlighted the Financial Conduct Authority's (FCA) delays in registering crypto firms and taking action against crypto ATMs as examples. The U.K.'s public spending watchdog, the National Audit Office, has said the Financial Conduct Authority (FCA)

The Energy Information Administration, a division within the Department of Energy, said it would solicit feedback on its crypto miner survey after coming to an agreement with the Texas Blockchain Council and Riot Platforms (RIOT).According to the agreement, the EIA will publish a notice proposing its planned miner survey, taking comments for 60 days. The

Bitcoin is likely to top $100,000 after the U.S. election, if history is any guide. BTC is undervalued compared with previous cycles, measuring from either the cycle low or since the halving. 01:01 Bitcoin Breaks $64K While Gold Soars 02:01 Trump-Endorsed Crypto Project Confirms Plan for a Token; Bhutan Holds Over $780M in Bitcoin 00:56

markets Litecoin’s (LTC) price has doubled in the first three months of 2019 to register its best first-quarter performance on record. The fourth-largest cryptocurrency by market capitalization is currently trading at $61, representing a 100 percent gain on January’s opening price of $30. It clocked a six-month high of $64.20 earlier this month, according to…