Robinhood could lose main revenue stream as SEC ponders ban for payment for order flow
By removing payment for order flow, markets benefit from more efficient, transparent trading, according to SEC Chairman Gary Gensler.
Latest Securities and Exchange Commission News
Actor Steven Seagal must pay ICO promotion fines: US judge
Seagal promoted the ICO of Bitcoiin2Gen without disclosing he was getting $1 million for his troubles. The actor agreed to pay $330,000 in fines but relocated to Russia.
Digital currency scams are ‘flavor of the year’: SEC official
The assistant regional director of the SEC’s Atlanta office pointed out that digital currencies are now the “in thing” and fraudsters are taking full advantage.
Thai SEC proposes new regulations that could halt digital currency lending
The SEC has given the Thai public until Sept 22 to submit their feedback on the laws that seek to tighten its hold on custodians and thwart the lending sector.
London-listed Argo Blockchain files for $75M US IPO
Argo Blockchain’s IPO for its American Depository Shares will be on the Nasdaq Global Market, with the company intending to use the funds for diversification.
What has the SEC looked into at Binance?
Hot on the heels of the sudden and mysterious resignation of new Binance.US CEO Brian Brooks comes more speculation the exchange may be under the U.S. Securities and Exchange Commission probe.
SEC’s Gary Gensler gives latest on digital currency regulation: CBDC, DeFi and regulatory frameworks
Arguing that DeFi projects would fall within the scope of regulators like the SEC, Chairman Gary Gensler described the term as “a bit of a misnomer” in an interview with the Wall Street Journal.
Solana sees first rug pull: Luna Yield disappears with $6.7M in digital currency
Luna Yield ($LUNY), a yield aggregator launched via the Solana launchpad ‘SolPad,’ has disappeared with roughly $6.7 million worth of various digital currencies.
BitConnect promoters enter $3.7M and 190 BTC settlement with SEC
Michael Crypto and Joshua Jeppesen agreed to the judgment without admitting or denying the allegations and will give U.S. securities regulator access to BTC wallets.
Block reward miner Iris Energy files to go public in US
The Australian digital currency mining company has filed preliminary documents recently for an initial public offering in the United States in another sign of the booming interest in the blockchain sector.
DeFi Money Market charges latest example of why DeFi can’t escape law
The U.S. securities regulator recently brought charges against Gregory Keough and Derek Acree, and their Cayman Islands company for raising $30 million by selling illegal securities via so-called smart contracts.
Ripple, SEC play keep-away with incriminating documents
Ripple Labs is under fire after the U.S. securities regulator accused the company of undermining a regulatory probe into whether the XRP token is an unregistered security.