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US SEC Says Filecoin Is a Security in Comment Letter to Grayscale


The US Securities and Exchange Commission determined that Filecoin is a security, according to a statement released by asset manager Grayscale Investments. In a press release sent on Wednesday afternoon, the digital currency asset manager said it had received a comment letter from SEC staff...

The Chamber of Digital Commerce backs Coinbase in SEC fight


The Chamber of Digital Commerce is a leading digital asset and blockchain trading association that aims to promote the use and acceptance of blockchain and crypto-based technologies. It works closely with regulatory agencies, industries, and policymakers through advocacy and education. The digital...

SEC to Judge: Deny Coinbase's Call for Cryptocurrency Rule Explanation


The US Securities and Exchange Commission has asked a judge to reject Coinbase’s request to compel the commission to respond to a rule-making petition that asked for clearer crypto regulation guidelines. In a court filing Monday, the SEC said it is not mandated to meet the requirements outlined...

SEC responds to Coinbase’s petition while its CEO visits the UAE


The US Securities and Exchange Commission (SEC) recently released a response to Coinbase’s petition. The Chair, Gary Gensler, stated that Coinbase possesses no right to mandamus. There is no regulation or statute that requires the SEC to release the guidelines within a specified timeline. Coinbase...

Community-Driven Blockchain Platform Parex Raises US$ 6․5 Million


PRESS RELEASE. Parex has successfully developed a community-driven DAO ecosystem through its ParexChain, Parex Wallet, RaccoonSwap, Exchange, and other decentralized applications. The company has secured US$ 6.5 million in a new investment round. The funding was provided by DWF Labs that invested...

US Crypto Firms Migrate to Bermuda Amid Regulatory Concerns


Crypto companies are increasingly turning away from the US in search of clear digital asset regulations, and some of the major companies are finding a home in Bermuda. Still, some experts warn that this may be a short-term solution as the issues in the land of the free are not getting...

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