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Search Results for: sec

U.S SEC Counters Coinbase’s Claims in Recent Filing, Find Out!

U.S. Securities and Exchange Commission (SEC) argues in a new filing revealed on Friday that Coinbase knew years ago that federal securities laws would apply to its listings. In response to a filing by Coinbase, in which the company contended that the regulator lacked the power to sue it, the

July 8, 2023 2 mins read

Canada Securities Administrators (CSA) Releases New Crypto Guidelines

The Canada Securities Administrators (CSA) have issued new rules for investment funds that hold or intend to engage in crypto assets, focusing particularly on meeting the requirements of securities legislation. Unlike the US SEC, Canada is acknowledging the benefits of crypto and Bitcoin and is progressively loosening restrictions on investment

July 7, 2023 2 mins read

Ripple vs SEC New Update: XRP Holders at Risk?

The Ripple vs SEC legal battle has captured the attention of cryptocurrency enthusiasts worldwide. Also, a pro-XRP lawyer John Deaton recently made some remarks about the ongoing legal dispute between Ripple and the U.S. Securities and Exchange Commission (SEC). The XRP lawyer said the outcome of this case could have

July 7, 2023 2 mins read

Nexo Passes Type 2 SOC 2 Audit, Establishing Data Security Compliance

The successful conclusion of its independent Type 2 SOC 2 audit today represented a key milestone for Nexo, the leading institution for digital assets worldwide. With this move, Nexo demonstrates its dedication to providing clients with industry-leading client data protection and guarantees a superior user experience for the company’s continuously expanding

July 6, 2023 2 mins read

U.S. SEC to Reportedly Meet Spot Bitcoin ETF Applicants Next Week

The U.S. SEC will meet with BlackRock, Fidelity Investments, and other spot Bitcoin ETF registrants next week. After resubmitting their applications to the U.S. SEC, all spot ETF hopefuls have now included information on their surveillance-sharing partners and other prerequisites. Bloomberg’s ETF experts Eric Balchunas and James Seyffart tweeted on

July 6, 2023 2 mins read

Ripple vs SEC End Near: New Update 2023

Ripple (XRP), the leading crypto, never fails to spark excitement in the cryptocurrency community. Ripple has grabbed attention not only for its potential but also due to an ongoing Ripple vs SEC legal lawsuit. Lawyer John Deaton, who has been vocal about his support for XRP, has clarified his position

July 5, 2023 2 mins read

Terra Classic Devs Propose Bug Bounty Program To Improve Security

The Joint L1 Task Force (L1TF), a group of community-backed core developers for Terra Luna Classic, has suggested a bug bounty program to reward those who discover and responsibly disclose flaws in the system. The reward will be paid entirely out of donations to LITF made by the general public.

July 4, 2023 2 mins read

Thailand SEC Announces New Stringent Regulations for Crypto Firms

In order to safeguard investors, the Securities and Exchange Commission (SEC) of Thailand has announced new regulations for companies that offer services related to digital assets. In accordance with the new regulations, companies providing digital asset services must clearly communicate the dangers of investing in cryptocurrencies. A predefined message must

July 3, 2023 2 mins read

Gary Gensler Resignation Confirmed by SEC? Fact Check

Rumors began to circulate in the crypto market on Sunday, suggesting that Gary Gensler, the Chair of the US Securities and Exchange Commission (SEC), might be considering resigning. An anonymous official, as reported, claimed that the SEC Chair was about to step down from his role in response to an internal

July 3, 2023 1 min read