registration – DIGIT INFO

Bitwise registers Solana ETF in US state Delaware

DIGIT — Thu, 21 Nov 2024 01:33:24 +0000

Bitwise would be competing with fellow asset managers VanEck and Canary Capital for an SEC-approved spot Solana ETF.

US crypto exchange Gemini launches in France after DASP registration

DIGIT — Tue, 19 Nov 2024 12:45:27 +0000

Gemini’s entry to the market comes amid France gaining at least 2% in new crypto users over the past two years, according to the firm.

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UK Stands Firm on Tough Crypto Regulations, Warns Against Lowering Crypto Standards

DIGIT — Wed, 23 Oct 2024 07:46:17 +0000

A Financial Conduct Authority (FCA) official has emphasized the importance of high regulatory standards for crypto asset registrations. She defended the UK’s stringent rules, aiming to protect consumers and financial markets while fostering a competitive crypto sector. The regulator warned against relaxing standards, advocating instead for collaboration to build a secure foundation for sustainable innovation […]

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SEC Charges Cumberland DRW for Unregistered $2 Billion Crypto Securities Dealings

DIGIT — Fri, 11 Oct 2024 00:01:18 +0000

The U.S. Securities and Exchange Commission (SEC) has charged Cumberland DRW LLC, a Chicago-based firm, for operating as an unregistered dealer in over $2 billion of crypto assets classified as securities. The SEC claims that Cumberland violated federal securities laws by failing to register, raising concerns over investor protection. The charges seek injunctive relief and […]

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SEC Hits Flyfish Club With Charges for Unregistered NFT Offering

DIGIT — Wed, 18 Sep 2024 02:10:08 +0000

The U.S. Securities and Exchange Commission (SEC) has charged Flyfish Club for conducting an unregistered offering of crypto asset securities through non-fungible tokens (NFTs), raising $14.8 million for an exclusive restaurant project. “Flyfish agreed to a cease-and-desist order, to pay a $750,000 civil penalty, and to comply with certain undertakings,” the regulator noted. SEC Charges […]

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UK Regulator: 87% of Crypto Firms Fail to Meet Registration Requirements

DIGIT — Mon, 09 Sep 2024 01:46:14 +0000

The UK Financial Conduct Authority (FCA) has revealed that over 87% of crypto registrations were either rejected, withdrawn, or refused as part of its ongoing efforts to combat fraud and enhance consumer protection. In its annual report, the FCA outlined new marketing rules for crypto assets. The regulator issued 450 consumer alerts against illegal crypto […]

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Makerdao Co-Founder Rune Christensen: Defi Frontends Might Need Licenses to Operate in Europe

DIGIT — Sat, 06 Apr 2024 05:35:57 +0000

Rune Christensen, a co-founder of the Makerdao project, has warned about the possible disruptions linked to hypothetical EU-wide requirements for defi fronteds to receive a license for operating. Christensen said this would decelerate the EU to the Stone Age, disrupting European defi access for less tech-savvy users. Makerdao Co-Founder Details Possible MiCA Disruptions in EU-Based […]

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Mark Cuban, John Reed Stark clash over the cause of FTX’s collapse

DIGIT — Wed, 05 Jul 2023 03:50:00 +0000

Mark Cuban thinks the SEC could have saved U.S. customers from FTX had it adopted Japan’s approach to crypto regulation, but John Reed Stark disagrees.

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Binance Netherlands exit — Dutch central bank says registration failings are confidential

DIGIT — Wed, 21 Jun 2023 07:14:47 +0000

De Nederlandsche Bank cannot share details of Binance’s registration failings in the country due to the confidentiality requirements of its supervisory laws.

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‘Near impossible to know’ what is and isn’t a security: Mark Cuban on SEC

DIGIT — Mon, 12 Jun 2023 03:00:06 +0000

The billionaire is the latest to argue that the United States Securities and Exchange Commission hasn’t provided crypto firms with a registration process to follow.

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