The Philippines securities regulator has teamed up with its U.S. counterpart and the Asian Development Bank to enhance digital currency crime monitoring, sharing insights on enforcement and regulatory standards.
The future looks bleak for Kik, after the US Securities and Exchange Commission (SEC) targeted the messaging platform over claims that were extremely off base.
SEC says that it is more than willing to work with crypto and tries to defend its position by pointing out some of the pro-crypto moves it has made.
Despite having almost a year to determine whether crypto exchange-traded funds should be allowed, the U.S. SEC still can’t make up its mind.
Last November, the U.S. Securities and Exchange Commission (SEC) requested an injunction against Blockvest, a blockchain assets group, after determining that it was violating securities law. The courts decided that the SEC didn’t have a case and dismissed the charges.
One of the schemes that has had quite a bad press is the one run by Dubai-based USI Tech, which has already abandoned operations in the U.S. and Canada.
