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SEC Chairman Explains Why He Views All Crypto Tokens Other Than Bitcoin as Securities
28.2.2023
U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler has detailed why he considers all crypto tokens other than bitcoin as securities. While acknowledging that crypto tokens may have different setups, he stressed that “at the core, these tokens are securities.”...
Germany’s DZ Bank to Offer Crypto Custody With Swiss Firm Metaco
25.2.2023
The second-largest bank in Germany, DZ Bank, is preparing to become a provider of custody services for crypto assets. The offering will be facilitated by a partnership with Metaco, a Swiss company that specializes in helping financial institutions to operate in the digital asset space. DZ Bank...
New York Attorney General Sues Crypto Exchange Coinex — Claims Trading Platform Offers Unregistered Securities
23.2.2023
New York Attorney General Letitia James has sued cryptocurrency exchange Coinex “for failing to register as a securities and commodities broker-dealer and for falsely representing itself as a crypto exchange.” The NY attorney general also stressed that Coinex is not registered with...
NBA Hall of Famer Paul Pierce Charged by SEC for Touting EMAX Tokens
17.2.2023
The U.S. Securities and Exchange Commission (SEC) has charged Basketball Hall of Famer Paul Pierce for touting EMAX tokens and making misleading comments about unregistered crypto securities. The former Boston Celtics small forward agreed to settle the charges and pay the SEC $1.409 million....
Ethereum co-founder Joe Lubin says no chance ETH is classed as security
9.2.2023
The ConsenSys founder and Ethereum co-founder said it’s as unlikely as ride-sharing service Uber becoming illegal
SEC Chairman Says Important to Regulate Crypto Issuers and Intermediaries
19.12.2022
The chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, has stressed the importance of bringing “intermediaries and issuers of crypto securities” into compliance. In addition, the U.S. Treasury Department’s Financial Stability Oversight Council (FSOC)...
Crypto will be regulated as securities — ICE boss and Senator Warren
7.12.2022
Senator Elizabeth Warren’s bill seeks to hand control to the SEC, imposing new obligations on centralized crypto firms, something Jeffrey Sprecher thinks will be good for crypto
Grayscale cites security concerns for withholding on-chain proof of reserves
19.11.2022
Grayscale shared a letter from Coinbase Custody attesting that each of Grayscale’s crypto products is fully backed, but stopped short of providing the wallet addresses
US Lawmaker Calls on SEC to Issue Crypto Regulations — Says ‘a Formal Regulatory Process Is Needed Now’
16.10.2022
A U.S. senator has called on the Securities and Exchange Commission (SEC) to issue crypto regulations now “through a transparent notice-and-comment regulatory process.” He stressed that “some digital assets are securities, others may be commodities, and others may subject to...
Coinbase Disputes SEC’s Allegation That the Exchange Lists 9 Crypto Securities
24.7.2022
Nasdaq-listed crypto exchange Coinbase has disputed the allegation by the U.S. Securities and Exchange Commission (SEC) that nine of the crypto assets traded on its platform are securities. The company’s chief legal officer stressed: “Coinbase does not list securities. End...
Germany Issues Crypto Securities Guidance as Deadline Looms
1.6.2022
Coinbase has already received authorization as a crypto custodian, but lawmakers are extending the regulatory net ever wider
Oasis Pro Raises $27M for Crypto Securities Trading Platform
16.5.2022
CEO Pat LaVecchia, a former MakerDAO compliance adviser, said Oasis Pro is in the “early stages” of integrating with DeFi platforms
Judge Dismisses Lawsuit Against Binance for Allegedly Selling Unregistered Crypto Securities
4.4.2022
A lawsuit against Binance accusing the cryptocurrency exchange of selling unregistered crypto securities has been dismissed. The plaintiffs listed nine cryptocurrencies in the lawsuit. Binance’s Lawsuit Dismissed U.S. District Judge Andrew Carter dismissed a lawsuit against cryptocurrency...
Binance wins dismissal of class action over 2018 tokens that tanked
1.4.2022
The judge ruled domestic law doesn’t apply to Binance as it is not an exchange domestic to the U.S. and that the case was filed “too late”
Coinbase Sued for Allegedly Selling 79 Unregistered Crypto Securities — Including XRP, Dogecoin, Shiba Inu
20.3.2022
A class-action lawsuit has been filed against the Nasdaq-listed cryptocurrency exchange Coinbase alleging that the platform lets customers trade 79 cryptocurrencies that are unregistered securities, including XRP, dogecoin (DOGE), and shiba inu (SHIB). Lawsuit Claims Coinbase Sold 79 Unregistered...
US Lawmakers Urge SEC and CFTC to Create Joint Working Group on Crypto Regulation
17.8.2021
Two U.S. lawmakers have urged the chairman of the Securities and Exchange Commission (SEC) and the acting chairman of the Commodity Futures Trading Commission (CFTC) to establish a joint working group for the regulation of crypto assets. SEC and CFTC Urged to Collaborate on Crypto Regulation U.S....
SEC Coinschedule Settlement Opens up Old Crypto Securities Wounds
15.7.2021
America’s top financial regulator, the Securities and Exchange Commission (SEC) has announced that it has settled charges against the British firm Blotics, the company behind the Coinschedule initial coin offerings (ICOs) profiling site. But some key voices within the SEC are not happy with what...
SEC Charges Token Listing Website With Unlawfully Touting Crypto Securities
15.7.2021
The U.S. Securities and Exchange Commission (SEC) has charged a token listing website with unlawfully touting crypto securities. The site did not disclose that it was paid by the token issuers to profile their coin offerings. SEC Charges Website Touting Security Tokens Without Clarifying Which...
MicroStrategy's BTC Deal, Penalties For Unregistered Crypto Securities + More News
21.6.2021
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Investments news
MicroStrategy said it has purchased an additional BTC 13,005 for around USD 489m in cash at an average price of USD 37,617...
New SEC Chairman Unveils Policies for Cryptocurrencies, Calls Bitcoin ‘Scarce Store of Value’
8.5.2021
The new chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, has shared his view on how the SEC plans to regulate cryptocurrencies, particularly bitcoin. He calls bitcoin “a digital, scarce store of value” and stresses the need to put in place some investor...