The U.S. Securities and Exchange Commission (SEC) indicted cryptocurrency exchange Kraken on charges of violating securities laws. According to an official statement issued by the SEC on the 20th, the SEC charged Kraken with operating an unregistered stock exchange, broker, dealer, and clearing agency. In February of this year, the SEC indicted Kraken, accusing it of violating securities laws by providing staking services, and at the time, Kraken was ordered to pay a fine of $30 million (about 37.9 billion won).
2. ArkInvest reissues the BTC spot ETF application after revising it once more… Third time this year
It was revealed that Ark Invest once again modified the Bitcoin (BTC) spot exchange-traded fund (ETF) application and resubmitted it to the SEC. After reviewing ArkInvest's application, Bloomberg ETF expert Eric Balchunas pointed out in his
3. Bloomberg “US Department of Justice proposes $4 billion fine to Binance”
It was revealed that the U.S. Department of Justice (DOJ) proposed a $4 billion fine to Binance. Bloomberg reported on the 21st that, based on the testimony of an internal source, the DOJ proposed an agreement with Binance through a $4 billion fine, and that the agreement between the two sides could be announced as early as the end of this month.
4. Tether freezes $225 million USDT to cooperate with U.S. Department of Justice investigation
It was revealed that Tether froze $225 million in Tether (USDT) as part of its cooperation with the DOJ's investigation. On-chain analysis platform Chainalysis reported on the 21st that the DOJ requested Tether to freeze $2225 million in Tether as part of a criminal investigation related to human trafficking, and Tether accepted the request. It was revealed that Tether's frozen amount was the highest ever.
5. Bloomberg Intelligence “If BTC spot ETF is approved, self-sufficient inflow, $100 billion”
Bloomberg Intelligence, through its own report on the 21st, estimated the institutional fund inflow through the approval of the Bitcoin spot ETF at approximately $100 billion. Bloomberg Intelligence argued that the SEC's Bitcoin spot ETF in itself means institutional acceptance of Bitcoin, and that through this, full-scale funds from institutions will flow into the Bitcoin spot ETF.
Reporter Seungwon Kwon ksw@
