Tag Archives: Securities

Bitfinex Securities Starts Operations In El Salvador read full article at worldnews365.me

Over the last few years, El Salvador has been making considerable efforts to become Latin America’s crypto hub. Today, two and a half years after adopting Bitcoin as a legal currency in the country, Bitfinex Securities announced the launch of Bitfinex Securities El Salvador S.A., the first platform to offer …

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Startup Founded By Ex-Citigroup Execs To Launch Bitcoin-Backed Securities read full article at worldnews365.me

A recent Bloomberg report revealed that a group of former Citigroup executives had introduced an investment offering called Bitcoin (BTC) depositary receipts (BTC DRs).  These securities, backed by the largest cryptocurrency in the market, are being positioned as an alternative to spot-Bitcoin exchange-traded funds (ETFs) that require approval from US …

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Expert Analysis: Pro-XRP Lawyer Challenges Stablecoin Securities In Terraform Labs Case read full article at worldnews365.me

In a recent ruling by US District Judge Jed Rakoff, the US Securities and Exchange Commission (SEC) emerged victorious in the Terraform Labs case, causing concern and unease within the cryptocurrency community over the classification of stablecoins.This has led legal experts to question the ruling and its implications. The case …

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SEC’s “Crypto Asset Securities” Alert Boosts Spot Bitcoin ETF Prospects read full article at worldnews365.me

As anticipation builds for the long-awaited approval of a spot Bitcoin ETF by the US Securities and Exchange Commission (SEC), an encouraging sign has emerged, further increasing the likelihood of approval.  The SEC issued an investor alert regarding “crypto asset securities,” prompting speculation that the spot Bitcoin ETF may be …

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Ripple CTO Calls For Congressional Action On Securities Laws read full article at worldnews365.me

The Chief Technology Officer (CTO) of Ripple Labs, David Schwartz, delivered a nuanced perspective on the complexities surrounding the classification of tokens as securities yesterday. Although he did not mention XRP, it seems clear that he is talking about Ripple’s battle with the US Securities and Exchange Commission (SEC). His …

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SEC Charges Kraken Again for Unregistered Securities Trading and Commingling User Funds read full article at worldnews365.me

The SEC has brought legal action against Kraken, this time accusing the exchange of mixing user funds, while unlawfully offering securities services. The United States Securities and Exchange Commission (SEC) has announced a lawsuit against San Francisco-based crypto exchange Kraken for allegedly operating an unregistered securities exchange. The SEC’s court complaint is …

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Securities regulators oppose special treatment of crypto in Coinbase case read full article at worldnews365.me

Digital assets should not be seen as “somehow special,” nor should action against Coinbase be seen as “novel or extraordinary,” argues an association of North American securities regulators. In an Oct. 10 filing in a New York District Court supporting the United States Securities and Exchange Commission, the North American …

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Mila Kunis and Ashton Kutcher’s ‘Stoner Cats’ Indicted by SEC Over Unregistered Securities Offering read full article at worldnews365.me

The SEC said Stoner Cats violated the Securities Act of 1933 by selling NFTs that qualify as investment contracts. Stoner Cats has agreed to a refund. The United States Securities and Exchange Commission (SEC) continues its widespread crackdown by going after “Stoner Cats”, an NFT-based web series from Hollywood couple …

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SEC Charges Stoner Cats With Alleged Unregistered $8 Million Securities Sale In NFT Crackdown read full article at worldnews365.me

In a recent move that intensifies the Securities and Exchange Commission’s (SEC) crackdown on the Non-Fungible Token (NFT) sector, the SEC has charged Stoner Cats 2 (SC2) with conducting an “unregistered offering of crypto asset securities.”  The charges specifically target Stoner Cats’ sale of non-fungible tokens, which raised approximately $8 …

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Trump NFTs back in demand, SEC says NFT sales are unregistered securities: Nifty Newsletter read full article at worldnews365.me

​​Welcome to the latest edition of Cointelegraph’s Nifty Newsletter. Keep reading to stay up-to-date with the latest stories on nonfungible tokens. Every Wednesday, the Nifty Newsletter informs and inspires you to dig deeper into the latest NFT trends and insights. In this week’s newsletter, the United States Securities and Exchange …

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SEC Charges Popular Podcast Impact Theory for Unregistered Securities Sales in NFT Offering read full article at worldnews365.me

Impact Theory Will pay a total of $6.1 million and will discontinue the selling of Founders’ Keys, which the SEC calls as unregistered securities in the form of NFTs. On Monday, August 28, the US Securities and Exchange Commission (SEC) charged Los Angeles-based media and entertainment company Impact Theory over …

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‘Problematic to imply all NFTs are securities’ read full article at worldnews365.me

The United States Securities and Exchange Commission’s (SEC) first enforcement action on a nonfungible token (NFT) project triggered responses from community members, pointing out how the decision could be “problematic,” and how many NFT projects fit the description and may be next on the SEC’s hit list.  On Aug. 28, …

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