Tokens but not crypto: Nigeria SEC prepares new digital asset rules
Nigeria’s securities regulator will take at least ten months to determine whether to register a digital asset-related company. Go to Source Powered by WPeMatico
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SEC serves $4M in fines to Coinme over ‘misleading’ UpToken ICO
The regulator nabbed the crypto ATM operator turned exchange for securities law violations over its sales and statements of a crypto token. Go to Source Powered by WPeMatico
SEC’s Gary Gensler takes another swipe at crypto in educational video
The SEC boss reiterated that “the law is clear” on cryptocurrencies being securities, while others highlighted the lack of regulatory clarity in the U.S. Go to Source Powered by WPeMatico
Coinbase execs respond to SEC’s Wells notice in person and on video
Coinbase founder Brian Armstrong and chief legal officer Paul Grewal spoke about the company’s Wells notice from the SEC on YouTube and at Consensus 2023. Go to Source Powered by WPeMatico
Coinbase Shares Wells Response, Challenges SEC’s Change in Attitude Towards Its Core Businesses
On April 27, Coinbase, the crypto exchange based in San Francisco, made public the disclosure of its response to the Wells notice it had received from the U.S. Securities and Exchange Commission (SEC) back in March. The company maintained that the regulatory body’s enforcement actions were in direct contrast to the agency’s previous approval of … Read more
SEC’s war on crypto: How far will it go?
The latest Cointelegraph Report tries to make sense of the Security and Exchange Commission’s ongoing crypto crackdown, its rationale, and the potential outcome. Go to Source Powered by WPeMatico
Circle CEO blames US crypto crackdown for declining USDC market cap
The market cap of USDC, a stablecoin issued by Circle, has reduced nearly by half over the past six months owing to the regulatory crackdown and banking crisis. Go to Source Powered by WPeMatico
Bitcoin’s price is down 10% — New bear market or correction?
On this week’s episode of The Market Report, Cointelegraph’s resident expert discusses if the latest price of Bitcoin is a sign of a new bear market starting or just a healthy correction. Go to Source Powered by WPeMatico
Coinbase Files Legal Action Against SEC Over Lack of Regulatory Clarity
On April 24, 2023, Coinbase announced that it had filed an action in federal court requesting the U.S. Securities and Exchange Commission (SEC) to respond to their petition. The petition, submitted in July 2022, requested the commission to propose and adopt rules governing the regulation of digital assets. Coinbase Requests SEC to Respond to Petition … Read more
Do Kwon seeks SEC charges dismissal as S.Korea rules LUNA as non-security
The South Korean district court recently dismissed security violation charges against Terra co-founder Hyun-seong Shin, deeming LUNA as non-security under Korea’s Capital Markets Act. Go to Source Powered by WPeMatico