Gary Gensler, Chairman of Securities and Exchange Commission (SEC) says that all crypto-related assets should comply with SEC Securities law. He believes that most of the tokens and initial coin offerings (ICOs) violate US security laws. In the Aspen Security Forum on August 3, Gensler discussed the crypto’s intersection with
Recent progress in the XRP proceedings in the case of defendant Bradley Garlinghouse, who submitted an application to the court, calling for papers from Binance Holdings Limited, crucial to the case and not available by other methods issued by the Cayman Islands authorities. Hague Convention Accordingly, the plea for receipt
Goldman Sachs is a major investment bank and financial services firm that provides investment management, securities, and asset management services. Lately, the investment bank focuses on DeFi and Ethereum. Significantly, the firm has filed for DeFi ETF linked to public companies in the sector, according to the SEC. ETFs hold
Agro blockchain Plc a global leader in cryptocurrency mining in London, U.K. that maintains a blockchain infrastructure. The company revealed the confidential proposal of submitting the draft registration statement form to the U.S Securities and Securities exchange commission (SEC). Agro’s Public Listing of ADS To list the American Depositary Shares
SEC shutters the Mother-Son duo for Crypto scam. Promised to generate most of the earnings from Bitcoin mining. Brent Kovar received nearly $353,000 of investors’ funds. Securities and Exchange Commission (SEC) has shuttered a scam that promised to generate most of the earnings from Bitcoin (BTC) mining and invest in
The Philippine Stock Exchange (PSE) wants to be the stage for exchanging crypto resources when the country’s regulators issue highly anticipated rules overseeing the work, as indicated by a report from CNN Philippines. PSE President and CEO Ramon Monzon disclosed to CNN that the administration previously discussed setting up a
With the rise of regulations here and there, one country after the other, many cryptocurrency exchanges all over the world are facing extreme hardships. Many prominent exchanges are facing numerous charges against them by regulated countries. Among all, Binance, the world’s largest cryptocurrency exchange, tops the chart. Thailand Sue on
XRP army made a false allegation against SEC members. The SEC requests a conference to discuss rescinding Ripple’s motion. XRP holders claim that SEC members are working for China’s economy. The US Securities & Exchange Commission has filed a case against Ripple Labs as the XRP holders accuse the officials
A report has indicated that US regulators have been on a rampage against crypto activities. So far around $2.5 billion worth of fines have been imposed by them. Also, the fines were imposed by different US regulators. With the most fines coming from the SEC. The report was released by
Robinhood, a prominent trading and stocks exchange firm, now leading in cryptocurrency exchanges too planned to make Initial Public Offering (IPO). Under the sightings of the recent cryptocurrency market trend by SEC, Robinhood’s IPO plans are halted for now. The Postpone of Robinhood IPO Robinhood Markets Inc is basically an
