SEC’s top crypto prosecutor reassigned to IT unit
U.S. President Trump’s Securities and Exchange Commission has advanced staff changes with a shuffle in its crypto-focused litigation team amid plans to scale back enforcement actions. Jorge Tenreiro, the Securities and Exchange Commission’s top crypto prosecutor, has reportedly been moved to the agency’s IT department as regulators shift course on digital asset lawsuits. Tenreiro led […]
SEC crypto unit downsized amid Trump’s regulatory pullback: report
The SEC’s crypto unit, which expanded under its former chair, is now being scaled back. The U.S. Securities and Exchange Commission is reportedly scaling back its crypto enforcement unit as the Trump administration is set to ease regulations. According to a New York Times report, which cites sources close to the matter, some team members […]
Coinbase acquires BUX’s Cyprus unit, secures key European license
Coinbase, the U.S.-based cryptocurrency exchange, has acquired the Cyprus unit of BUX, now rebranded as Coinbase Financial Services Europe. The acquisition grants Coinbase a Cyprus Investment Firm license under the Cyprus Securities and Exchange Commission, allowing it to offer contracts for differences across the European Economic Area, according to Finance Magnetes. CFDs are financial instruments […]
