Coinspeaker
SEC and NYDFS Oppose Binance.US and Voyager Deal
The US Securities and Exchange Commission (SEC) has opposed the $1.02 billion deal between the US arm of popular crypto exchange Binance and crypto brokerage Voyager Digital. The financial watchdog has recently intensified its watch over crypto and crypto companies. Crypto exchange Kraken was recently forced to shutter its crypto staking operations to settle SEC charges. The company agreed to shut the cryptocurrency staking operation and pay a $30 million fine. The settlement followed a close-door commissioner meeting earlier this month. This and more actions have sent fear to the crypto community as it is unsure what the regulator’s next step would be. News on Kraken’s settlement came shortly after Coinbase CEO Brian Armstrong talked about rumors flying around that the SEC may ban crypto staking for retail customers. He wrote that “it would be a terrible path” for the nation if such happened.
SEC Objects Binance.US a
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