US SEC Slams Ethereum
The SEC and its chairman, Gary Gensler, appear to have concluded at least a year ago that ethereum may be an unregistered security whose trading does not comply with existing federal regulations.
JinseFinanceThe SEC and its chairman, Gary Gensler, appear to have concluded at least a year ago that ethereum may be an unregistered security whose trading does not comply with existing federal regulations.
JinseFinanceGlobal regulators, including Thailand's SEC, target deceptive crypto advertisements, implementing stringent guidelines to safeguard investors and deter fraudulent activities.
WeiliangIn the wake of the country's crackdown on Binance, the Philippines' securities regulator has shifted its focus to the online trading platform eToro.
CatherineThe SEC's Twitter hack caused chaos in the crypto community, leading to a short-lived surge in Bitcoin prices. Despite the humor, the incident had severe consequences for traders liquidated due to fake news. It highlighted the vulnerability of the crypto market to misleading information and underscored the influence of media in shaping the narrative in the blockchain space. The turmoil prompted a reevaluation of trust in both Twitter and financial regulation, along with speculations about Elon Musk's involvement. Overall, Bitcoin remains resilient, unaffected by temporary fluctuations.
Cheng YuanSEC Commissioner Crenshaw expresses concern about recent spot Bitcoin product approvals, highlighting potential confusion for investors between ETFs and ETPs. Other SEC members and industry players use interchangeable terms, raising questions about the need for clarity in public communications.
Xu LinSEC Chairman Gary Gensler issues a cautionary statement, highlighting compliance issues, volatility concerns, and the persistent threat of scams in the cryptocurrency space. This comes just before the anticipated approval of Bitcoin Spot ETFs, seen as a potential gateway for traditional financial investors into the world of Bitcoin.
SanyaThe head of the Philippines SEC clarified that Binance and any other unregistered exchange issued with an advisory has three months before they are banned from the country.
ZoeyThe Philippine SEC's warning reflects a broader regulatory crackdown on Binance, aligning with global efforts to tighten oversight. Binance's legal woes, including the US settlement, have prompted operational changes and heightened regulatory awareness. The exchange's resilience and adaptability will be pivotal in navigating challenges and consolidating its global cryptocurrency market position.
BerniceImpact Theory will refund buyers, and pay more than US$60 million in fines.
ClementAccording to an official statement from the SEC on Monday, the company allegedly sold non-fungible tokens (NFTs) without proper registration or exemptions.
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