SEC dismisses rumors of chairman Gary Gensler’s resignation
The crypto community had reacted positively to the fake news of Gensler's resignation.
The exchange must surrender data about users who traded $20,000 per year.
News of impending rejection from the SEC over language concerning surveillance agreements have led to a wave of updated refilings.
The Court further ordered that Bitcoin or Ethereum were the only cryptocurrencies that could be used to pay out creditor claims.
The SEC's accounting rules pose a challenge to BNY Mellon's crypto custody business.
Bitcoin suddenly crashed below $30,000 after peaking at over $31,000 earlier today.
The U.S. government has classified several rivals of Ethereum like Solana as securities.