According to the letter, the commission is making yet another effort to put off dealing. John Deaton said that the SEC has sparked a debate by bringing in foreign exchange. The US Securities and Exchange Commission (SEC) is actively expanding its authority over the digital asset. Sector by initiating various
Draft for regulating stablecoins is seemingly to ban algorithmic stablecoins. Strict regulation to follow for both banking and non-banking issued stablecoins. U.S House of Representative draft for stablecoins regulation is seemingly to ban algorithmic stablecoins for two years, as per the draft received by Bloomberg. The voting is expected to
Sparkster and its CEO, Sajjad Daya, have reached an agreement with the SEC. Sparkster has been ordered by the SEC to pay $35 million into a fund for distribution to harmed investors. The Securities and Exchange Commission (SEC) issued a cease-and-desist order against Cayman Islands-based software company Sparkster and its
Sparkster and Daya to pay $30 million with $500 K and $250 K as civil penalties. The SEC claims over this point bring Ethereum (ETH) under its jurisdiction. United States Securities and Exchange Commission (SEC) recently filed a lawsuit against Ian Balina specifying the ETH functionality. Ian, a crypto investor
CFTC Commissioner Caroline D. Pham met with Ripple CEO Brad Garlinghouse. Recently, the SEC and Ripple both filed petitions for summary judgment. According to a recent tweet from Caroline D. Pham, an American attorney and commissioner of the Commodity Futures Trading Commission (CFTC), had a meeting with Ripple CEO, Brad
The Chamber of Digital Commerce filed a motion to join in as the third party. Ripple’s motion for summary judgment hit the public forum on Sept 17th. The SEC vs Ripple (XRP) case has some updates, which kindly seem to be in favor of Ripple labs and its executives. On
SEC’s Division of Corporation Finance’s Disclosure Review Program will oversee offices. As per SEC, it has decided to assign firms and filings to a single office. On Friday, the United States Securities and Exchange Commission (SEC) said that it will be opening two more offices to handle crypto filings. The
The new definition gives “digital assets” their own distinct category from cash. Tokens, coins, and virtual currencies are all in this category. Consistent rules are now crucial in the crypto industry. Within a short period of time, the sector changed from being widely ignored to being subjected to intense scrutiny.
As per Crypto Leaks, Ava Labs paid Roche Freedman to target its rivals. Ava Labs CEO describes the allegation as”conspiracy theory nonsense.” Ava Labs CEO and co-founder, Emin Gün Sirer rejects the recent conspiracy allegations. Through the latest Twitter post, Sirer rejects the remarks in the recent blog post made
The claimed $40 million in fundraising will result in a $400 million value. The SEC opened a hotline for investors affected by the withdrawal bans. The Asian cryptocurrency exchange Zipmex has sought a meeting with the Securities Exchange Commission (SEC) of Thailand and other relevant authorities to examine the company’s
