BOCI, a Chinese bank, has issued CNH 200 million in digitally structured notes. BOCI has issued the country’s first tokenized security on the Ethereum blockchain. Moreover, it has become the first bank in China to issue tokenized securities. According to the report, the new security was implemented through the collaboration
Mark Cuban, renowned billionaire, co-host of Shark Tank, and owner of the Dallas Mavericks basketball team, recently retweeted an article that discusses former SEC cyber chief Robert Cohen’s critique of current SEC chair Gary Gensler regarding his actions against crypto companies. Cuban’s retweet signifies his support for the crypto industry
Kevin O’Leary, a star of “Shark Tank” and stakeholder in FTX, has said that he would dismiss Coinbase CEO Brian Armstrong in light of the recent crackdown by the US Securities and Exchange Commission. For “butting heads” with the US SEC, O’Leary had harsh words for Armstrong. Coinbase CEO Brian
Gary Gensler, the chairperson of the United States Securities and Exchange Commission (U.S. SEC) remarked in the speech shared last Thursday, in Washington D.C. Now, Gensler has portrayed the needed protection in the crypto market as per the securities laws. There's nothing about the crypto securities markets that suggests that
The largest crypto exchange, Binance, native cryptocurrency BNB, witnessing a massive decline due to the ongoing legal battle between the US Securities and Exchange Commission (SEC) and Binance. The lawsuit brought by the SEC against Binance has had a significant impact on the token BNB. And the crypto token price
After being silent for some time, the Solana Foundation has commented on the SEC’s recent decision to classify Solana (SOL) and other cryptocurrencies as securities. The company expressed its disagreement with the market regulator in a recent post it tweeted. The Solana Foundation issued a statement saying it appreciates lawmakers’
In a bold warning, former Securities and Exchange Commission (SEC) chief, John Reed Stark, issued an urgent call to “get out of crypto platforms now.” In addition, he highlighted recent lawsuits against Binance Holdings Ltd. and Coinbase, citing these as critical reasons for his concern. Stark Backs SEC’s Crypto Pursuit
U.S. authorities’ legal action against Binance and Coinbase, two of the most popular cryptocurrency exchanges, has driven users in Latin America to Bitget. Moreover, Bitget informed that from June 6 to 9, new users in the area grew 43% compared to daily norms, with Brazil and Argentina topping the market
Subject to the conditions, Binance has quite updated its Terms of Use lately, this Tuesday. However, the revised Terms of Use explain the listing and delisting authority towards Binance with no proper concerned notice in advance. Binance’s Current Services According to the Binance services, the user activities are monitored with
Recent reports show high-profile financial commentators express their contempt over Securities and Exchange Commission (SEC) Chief Gary Gensler’s policies. Scott Melker, also known as “The Wolf Of All Streets,” voiced his anger on social media. He termed Gensler’s approach as “absolutely disgraceful.” Consequently, the hashtag “#FireGaryGensler” is now making rounds
