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Bahamas Securities Commission Unveils Draft Digital Assets Act in Response to FTX Scandal – Here's the Latest
27.4.2023
The securities regulator in the Bahamas has unveiled a new piece of draft regulation developed as a response to the collapse of the Bahamas-based crypto exchange FTX.
The new bill, titled the Digital Assets and Registered Exchanges (DARE) Bill 2023, is an update to the original DARE Act of 2020....
Stablecoin Reserves Need to Be Diverse, EU Bank Agency Chief Says
27.4.2023
The EBA’s José Manuel Campa urged crypto players to start managing risks right away as new norms bed in
Hong Kong security regulator to issue crypto license guidelines in May
27.4.2023
The crypto business guidelines were reportedly revealed by the chief executive of Hong Kong’s Securities Futures Commission, Julia Leung
Bahamas securities watchdog presents comprehensive new draft digital assets act
26.4.2023
After the FTX scandal focused the international spotlight on it, the Securities Commission of The Bahamas completes its regulator overhaul
Bittrex Global CEO Says Firm Will Fight SEC Charges, Did Not Serve U.S. Customers
26.4.2023
The Securities and Exchange Commission has accused Bermuda-regulated Bittrex Global of failing to register as a securities exchange in a lawsuit targeting U.S.-based Bittrex Inc
Gary Gensler links crypto with cash in viral 2018 video — Crypto Twitter reacts
26.4.2023
The 2018 MIT professor Gary Gensler didn’t think most ICOs triggered U.S. securities laws
Coinbase Files Legal Action Against SEC Over Lack of Regulatory Clarity
25.4.2023
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...
Crypto Exchange Coinbase Sues the SEC, Demands Court Compel Response to Rulemaking Petition – Here's the Latest
25.4.2023
Coinbase has asked a court to compel the Securities and Exchange Commission to respond to its July 2022 petition that asked for clearer crypto regulation guidelines.
On Monday, the company filed a lawsuit with a federal appellate court in Philadelphia, arguing that the SEC hasn’t been reasonable...
Coinbase files court action to compel SEC’s response to rulemaking petition
25.4.2023
Coinbase is looking to force the SEC to respond to its rulemaking petition seeking rules for the crypto industry that's been pending since July 2022
South Korean Court Rules Terra Crypto Asset LUNC Is Not a Security
24.4.2023
Amidst the allegations against Do Kwon, the co-founder of Terraform Labs, a recent report by the Korean Sunday News has revealed that the Seoul Southern District Court has ruled in favor of LUNA, now renamed LUNC, by stating that it is not a financial investment product. Despite the recent...
SEC wins $2.8M in suit over alleged crypto token price manipulation
24.4.2023
Hydrogen Technology Corp. and its former CEO will pay $2.8 million in fines and remedies for allegedly operating a price manipulation scheme
Do Kwon Challenges SEC’s Jurisdiction in Multibillion-Dollar Crypto Securities Fraud Case
22.4.2023
Attorneys defending the co-founder of Terraform Labs, Do Hyeong Kwon, also known as Do Kwon, have presented their argument that says the U.S. Securities and Exchange Commission (SEC) has no jurisdiction in the matter. The legal team asserts that U.S. law precludes regulators “from using...
Do Kwon lawyers reportedly dismiss SEC's securities fraud allegation
22.4.2023
Kwon's lawyers claimed that the SEC failed to prove the alleged defrauding of US investors in connection with Terra’s $40 billion collapse of TerraUSD (UST) and Luna (LUNA)
SEC’s ‘brute force’ crypto regulation attempt is ‘bad policy’ — Paradigm
21.4.2023
The venture capital firm pointed out the fundamental differences between crypto assets and securities
U.S. SEC Warns Advisers They Need to Know Crypto Before Recommending to Clients
20.4.2023
The U.S. Securities and Exchange Commission (SEC) is advising brokers and investment advisers that they need to use heightened scrutiny when it comes to making crypto recommendations to ensure the risky products are in the best interests of their clients, the agency said in a new bulletin
Why the EU Has MiCA and the U.S. Has Securities Law Confusion
20.4.2023
Ether’s Security Status Remains Unclear as SEC Chair Gensler Fails to Answer Lawmaker’s Question
20.4.2023
The chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, would not answer a direct question in a congressional hearing about whether ether is a security. While the SEC chair insisted that the law is clear on crypto, Congressman Patrick McHenry argued that the SEC’s...
Taylor Swift Rejected Crypto Exchange FTX’s Sponsorship Offer Over Unregistered Securities Concerns
20.4.2023
Taylor Swift, a pop icon and 12-time Grammy Award winner, reportedly turned down a $100 million sponsorship offer from the now-bankrupt cryptocurrency exchange FTX due to concerns about unregistered securities. A number of FTX celebrity endorsers are currently facing a class action lawsuit...
Coinbase CEO Considers US Exit Amid Regulatory Uncertainty – Here's the Latest
19.4.2023
Coinbase CEO Brian Armstrong has indicated that the exchange could leave the US if regulators don't clarify their approach to the digital asset space.
"Anything is on the table, including relocating or whatever is necessary," he said during the Innovate Finance Global Summit Tuesday after former...
UAE Securities Regulator Opens Door for Crypto Firms' License Applications – Next Crypto Hub?
19.4.2023
The United Arab Emirates’ (UAE) Securities & Commodities Authority has announced that it is now accepting applications for licenses by crypto firms wanting to set up offices in the country....
Read More: UAE Securities Regulator Opens Door for Crypto Firms' License Applications – Next Crypto Hub?