The United States Securities and Exchange Commission has called for a jury trial against Tron founder Justin Sun for the “orchestration of the unregistered offer and sale, manipulative trading, and unlawful touting of crypto asset securities.” In a March 22 ...
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SEC Informs Crypto Exchange Coinbase of Potential Securities Law Violations – Regulation Bitcoin News
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The U.S. Securities and Exchange Commission (SEC) has sent Coinbase a “Wells notice” about potential violations of securities law. The Nasdaq-listed cryptocurrency exchange noted that, unlike what SEC Chairman Gary Gensler said, the securities regulator “will not let crypto companies ...
Coinbase could face SEC enforcement action for ‘potential violations of securities law’
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Crypto exchange Coinbase said it received a ‘Wells Notice’ from the United States Securities and Exchange Commission recommending the regulator take enforcement action. In a March 22 blog post, Coinbase said the “legal threat” could potentially target the exchange’s staking ...
SEC Sues Tron Founder Justin Sun for Market Manipulation and Offering Unregistered Securities – Regulation Bitcoin News
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The U.S. Securities and Exchange Commission (SEC) has taken action against Justin Sun, the founder of Tron, and the Tron Foundation, issuing charges for offering unregistered securities and market manipulation. Additionally, a group of influencers have been charged by the ...
Coinbase CEO reiterates that ‘staking’ products aren’t securities
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Coinbase CEO Brian Armstrong has attempted to quell speculation that his exchange’s staking products should be classified as securities — upping the ante in the ongoing debate around crypto regulations with the United States Securities and Exchange Commission, or SEC. ...
ANNA Completes Implementation of ISO 6166 to Identify Securities
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The Association of National Numbering Agencies (ANNA), a global association supporting efficient capital markets through the use of widely embraced International Organisation for Standardisation (ISO) standards, has completed the implementation of the revised ‘ISO 6166’ International Securities Identification Number (ISIN) ...
New York Attorney General Sues Crypto Exchange Coinex — Claims Trading Platform Offers Unregistered Securities – Regulation Bitcoin News
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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 ...
‘It would be absurd’ for a US court to rule private NFTs as securities: Lawyer
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Blockchain Association’s chief legal officer says “it would be absurd” for a United States court to rule that digital assets on private blockchains are securities, following a federal judge’s decision to allow a lawsuit against Dapper Labs’s NBA Top Shots ...
Federal Judge Rules NBA Top Shot NFTs May Be Considered Unregistered Securities – Bitcoin News
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A federal judge, Victor Marrero, ruled on Wednesday that the NBA Top Shot non-fungible tokens (NFTs) issued by Dapper Labs may meet the requirements to be considered an unregistered security. The case arose in 2021 when an NBA Top Shot ...
GBBC Digital Finance joins international securities organization as an affiliate member
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GBBC Digital Finance announced on Feb. 16 that it has joined the International Organization of Securities Commissions (IOSCO) as an affiliate member. The IOSCO is an international association that develops and promotes international standards for securities. IOSCO’s members include 35 ...