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Solana Foundation: SOL is 'Not a Security'
8.6.2023
SOL, the native token of the Solana blockchain, was declared an unregistered security in this week’s SEC lawsuits against crypto exchanges Binance.US and Coinbase
SEC’s Gensler Rebuffs Crypto Complaints, Says Gave Ample Warning Heat Was Coming
8.6.2023
U.S. Securities and Exchange Commissioner (SEC) Chair Gary Gensler argued there’s nothing special about the assets or exchanges in the crypto sector, and their backers can’t hide behind claims that their tokens provide utility
Providing Regulatory Clarity (Binance and Coinbase Edition)
8.6.2023
The SEC sued Binance and Coinbase this week, presenting the industry with both further analysis on why it thinks certain cryptocurrencies are securities and its biggest test to how cryptos may be regulated in the U.S. going forward
Australia's Commonwealth Bank Will Partially Restrict Payments to Crypto Exchanges
8.6.2023
The Australian bank announced on Thursday that will decline "certain payments" to crypto exchanges or hold them for a period of 24 hours
U.S. Senators Tell DOJ to Investigate Binance for Potentially Lying to Lawmakers: Bloomberg
8.6.2023
Two senate democrats, including Sen. Elizabeth Warren, allege in a letter that the platform may have lied about Binance.US being an independent entity
Social Media Targeted in EU Consumer Group Complaint About Crypto Ads
8.6.2023
BEUC wants Instagram, YouTube, TikTok and Twitter to prohibit influencers from promoting crypto
Crypto Exchange Bittrex’s Customer-Repayment Plan Faces U.S. Government Objection
8.6.2023
If successful, it wouldn’t be the first time the state has scuppered a crypto bankruptcy proposal
UK Lawmakers Clash Over Government Plans to Regulate Crypto as Financial Services
8.6.2023
While some lawmakers have aligned with the government’s proposal, others want the volatile assets to be treated as gambling
Stablecoin Regulation Is a Sticking Point Between the G-7 and G-20
8.6.2023
Global leaders appear to have reached a consensus on setting up universal rules and standards for most aspects of the crypto sector save for the treatment of stablecoins
Binance Redirected $12B to Firms Controlled by CEO Changpeng Zhao, SEC Says
8.6.2023
SEC says billions in customer funds were directed to Zhao’s firm Merit Peak via a holding company called Key Vision Development Limited
Binance Says Gensler Once Offered to Be an 'Informal Advisor'
8.6.2023
A letter from Binance’s counsel says that SEC Chair Gary Gensler should be recused from the case, given his history with the exchange and its founder
UK FCA Proposes Ban on Crypto Incentives in Tough New Marketing Rules
8.6.2023
The Financial Conduct Authority said it will treat crypto like a high risk investment, and will consult on new guidance for its rules on promotions
Robinhood Joins Coinbase in Saying It Tried to 'Come In and Register' Like SEC Wanted
7.6.2023
With Coinbase (COIN) and Binance accused of running illegal exchanges by the U.S. Securities and Exchange Commission (SEC), the latest industry testimony in the U.S. House of Representatives this week revealed that companies had desperately sought the agency’s help to properly register but were...
U.S. SEC Enforcement Could Boost Europe's Crypto Chances, Officials Say
7.6.2023
EU officials are hoping to tempt crypto innovators as Binance and Coinbase complain of regulation by enforcement in the U.S
Kim Kardashian EMAX Suit to Proceed as Court Considers Updated Complaint
7.6.2023
A California judge backtracked on a tentative ruling to dismiss the allegations against the reality TV star after receiving a more detailed complaint
Crypto Tokens' Status as Securities or Commodities Is Key to SEC's Binance, Coinbase Suits: Bernstein
7.6.2023
Crypto regulation has become a political debate and a turf battle between the SEC and the CFTC, the report said
U.S. Lawmakers Urge IRS, Treasury to Hurry Crypto Tax Rules
7.6.2023
Congressmen Brad Sherman and Stephen Lynch called the crypto industry "a major source of tax evasion" in a letter asking for the prompt release of proposed regulations
SEC’s Binance.US Probe Started in 2020, Court Filings Show
7.6.2023
The securities regulator detailed evidence of hundreds of millions of dollars in profiteering by the crypto exchange as they seek to freeze assets of the company
Stablecoin Issuer Circle Receives Digital Token License in Singapore
7.6.2023
The issuer of USDC received in-principle approval in November last year
U.S. Court Tells SEC to Respond to Coinbase's Rulemaking Petition Within a Week
7.6.2023
A U.S. judge has ordered the SEC to respond to Coinbase’s rulemaking petition or explain why it shouldn’t