Bitcoin and Securities: Law is coming
Liberty begins with personal responsibility leading to a culture of responsibility—have we seen this in the blockchain space? No, not by a long mile, Bitcoin Historian Kurt Wuckert Jr. writes.
Liberty begins with personal responsibility leading to a culture of responsibility—have we seen this in the blockchain space? No, not by a long mile, Bitcoin Historian Kurt Wuckert Jr. writes.
NY Attorney General Letitia James alleges that CoinEx offered commodities and securities without registering, with the exchange pledging to cooperate with the regulator.
In a flurry of court filings, New York and federal finance regulators lodged multiple objections to the proposed billion-dollar deal, on the grounds that it could prove discriminatory and unlawful.
Paxos CEO Charles Cascarilla said that the decision was not linked to the NYDFS order, clarifying that "The market has evolved, and the Binance relationship no longer aligns with our current strategic priorities."
Zambia has joined the tech race, with the securities regulator and its central bank partnering for the development of a policy framework using revolutionary technology.
Recent figures show Coinbase generated revenue of just under $3.15 billion last year, down from $7.35 billion in 2021.
The SEC voted 4-1 to expand a regulation last updated in 2009 that will now require investment advisers to custody digital assets with a qualified custodian.
SEC Chairman Gary Gensler reiterates that the existing federal securities laws apply not only to celebrities like Paul Pierce but also to ordinary people promoting digital assets.
At the moment, details and the direction of the financial regulators' investigations remain unclear largely because of the lack of staking regulations in South Korea.
Nexo paid $23 million to the SEC for securities violation and a similar amount to state regulators in January; it’s now ceasing its interest-bearing accounts in the United States.
Terra founder Do Kwon's future is looking bleak as the U.S. SEC cements the allegations against him that resulted in the collapse of the trading system by formally filing charges.
The securities regulator continues its clamp down on digital asset exchanges violating the law, recently issuing a public advisory against three firms said to be offering unregistered securities to Filipinos.