Under the proposed expansion of Exchange Act Rule 3b-16, which garnered a 3-2 vote among commissioners, DeFi platforms would be included as "exchange" systems as regulators ramp up securities laws.
What distinguishes a ‘core developer’ from anyone interested in the project? The answer is control and authority: core devs have committed access and they can decide where the project is heading.
Platinum Coin has been leveraging social media to sell unregistered securities to the public and promises up to 50% returns in 30 days, according to the Philippines securities regulator.
Tron founder Justin Sun has been given 21 days to respond to the civil charges, and failure to respond will result in a default judgment against him.
Vishal Gupta said he would pursue an undisclosed new blockchain-based project, stating in a Twitter thread that it was “time for me to move on” but played coy on his future plans.
The National Futures Association, with 100 members dealing in Bitcoin, says it can now punish members who commit misconduct related to digital assets.
A path to resolving the U.S. SEC's insider trading charges against the Wahi brothers has opened up following an in-principle agreement between the involved parties, a move that signals a settlement.
Binance has a well-deserved reputation of undermining local regulators by acting outside the rule of law when doing so improves the company’s bottom line.
The SEC is seeking public comments on its planned removal of the investment limits. A clause in the announcement warned that investors will be exposed to increased risks following the lifting of the investment limits.
The U.S. securities regulator has charged Beaxy with operating an unregistered securities exchange and broker, and its founder with raising $8 million through an unregistered offering.
The Anti-Red Tape Authority struck out the application claiming that Lyka did not satisfy the requirement for automatic approval by failing to submit the necessary documents.
Appearing before the Subcommittee on Financial Services and General Government, Gensler presented his agency’s Fiscal Year 2024 budget request of $2.436 billion, a 12% increase on the previous year.
