Do Kwon and Terraform Labs face heavy financial penalties from the SEC
Temps de lecture : < 1 minute In a shocking revelation, the US Securities and Exchange Commission (SEC) is proposing a record $5.3 billion fine against Do Kwon and his company Terraform Labs. This drastic measure follows the devastating losses suffered by investors linked to the collapse of the algorithmic stablecoin TerraUSD. Case background The case against Do Kwon and Terraform Labs […]
SEC postpones decision on Bitwise and Grayscale’s Bitcoin ETF options
Temps de lecture : 2 minutes The Securities and Exchange Commission (SEC) has postponed its decision on Bitwise and Grayscale’s Bitcoin ETF options, which would enable investors to benefit from the potential growth of the BTC market using derivative options. Impact on Bitcoin ETF options The announcement of the postponement of the SEC decision has an impact on Bitwise and Grayscale’s […]
Philippine SEC authorities: No recommendation to recover funds after Binance ban
Temps de lecture : < 1 minute The Securities and Exchange Commission (SEC) of the Philippines finds itself in a tricky situation after blocking access to cryptocurrency exchange platform Binance. Despite prior warnings and an extended waiting period for investors to withdraw their funds, the regulatory authority finds itself unable to endorse methods to recover blocked funds. This decision raises concerns about […]
Coinbase before the SEC: A legal turning point for the cryptocurrency industry
Temps de lecture : 2 minutes Following the SEC’s favorable verdict, find out more about the repercussions for Coinbase and future regulatory issues for the crypto world.
3 reasons the SEC might look into Ethereum, according to crypto lawyer
Temps de lecture : 2 minutes The Securities and Exchange Commission’s (SEC) investigation into Ethereum raises concerns about its security status and possible classification as a security. The investigation, which began after Ethereum switched to a new governance model called “proof of stake” in September 2022, highlights the agency’s efforts to assess whether Ethereum should be considered a security. The SEC’s […]
Coinbase and Ethereum ETFs: a heated regulatory debate
Temps de lecture : 2 minutes Bras de fer between Coinbase and the SEC over Ethereum ETFs. Analysis and perspectives on a debate that could redefine the crypto market.
Thailand’s SEC opens the door to spot Bitcoin ETFs for accredited investors
Temps de lecture : < 1 minute Thailand’s Securities and Exchange Commission (SEC) recently amended its regulations, allowing certain investors to acquire private funds investing in Bitcoin cash ETFs traded on US exchanges. This decision marks a significant evolution in the country’s regulatory approach to digital assets. Limited access for qualified investors The Thai SEC’s initiative to restrict access to Bitcoin cash […]
United States: Eight attorneys general challenge SEC authority in Kraken case
Temps de lecture : 2 minutes In an unprecedented move, eight United States attorneys general have joined forces to challenge the authority of the Securities and Exchange Commission (SEC) in its lawsuit against cryptocurrency exchange Kraken. This grouping of states, including Montana, Arkansas, Iowa, Mississippi, Nebraska, Ohio, South Dakota and Texas, represents a strong stance against the SEC’s regulation of digital […]
Crucial meeting between South Korean regulator and Gary Gensler on NFTs and Bitcoin ETFs
Temps de lecture : 2 minutes Next May, a meeting is planned between the head of South Korea’s Financial Services Commission and Gary Gensler, the chairman of the United States Securities and Exchange Commission (SEC). This session aims to address hot topics in the cryptocurrency industry: the classification of non-fungible tokens (NFTs) and the approval of spot Bitcoin exchange-traded funds (ETFs). […]
Former Zipmex CEO charged with fraud by Thai SEC
Temps de lecture : < 1 minute The Securities and Exchange Commission of Thailand (SEC) recently brought serious charges against Akalarp Yimwilai, the former CEO of cryptocurrency exchange Zipmex, for fraud and deceiving users. The SEC’s accusations Thailand’s SEC highlights the seriousness of Akalarp Yimwilai’s alleged actions, highlighting the violation of transparency and trust standards essential to the smooth operation of cryptocurrency […]