Former SEC chair Jay Clayton feels ‘vast majority’ of crypto tokens are securities
Former SEC Chairman Jay Clayton has reiterated his position that many cryptocurrencies could be defined as securities.
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cryptocurrencies
Hong Kong eyes stablecoin regulatory regime by 2024
While the Western world debates how to regulate stablecoins, Hong Kong is forging ahead with a regulatory framework for cryptocurrencies pegged to traditional financial assets. The Hong Kong Monetary Authority (HKMA) is in the process of seeking comments from the public regarding stablecoins and aims to introduce a regulatory framework by the end of 2024, […]
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SEC claims BNB and BUSD are securities, including major tokens like SOL, ADA and MATIC
This highlights the fact that the SEC has, once again, taken the stance that most cryptocurrencies (aside from Bitcoin) are securities.
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SEC’s lawsuit against Binance and CEO Zhao was a matter of ‘when, not if,’ industry players say
A number of industry players shared similar sentiments that the SEC charges against Binance were unsurprising.
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SEC settles with former Coinbase employee over insider trading charges
The U.S. Securities and Exchange Commission (SEC) has settled charges with a former Coinbase product manager and his brother for engaging in insider trading, the agency announced Tuesday. Ishan Wahi, the former Coinbase employee, and brother Nikhil Wahi, engaged in “a scheme to trade ahead of multiple announcements regarding at least nine crypto asset securities […]
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Investors cheer as Coinbase beats Q1 expectations
In the first three months of the year, the U.S. cryptocurrency exchange generated net revenues of $736 million.
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Developers are building out the blockchain ecosystem in Barcelona
Welcome back to Chain Reaction. This week I’m writing the newsletter from the currently sunny and always beautiful city of Barcelona, Spain.
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Are cryptocurrencies commodities or securities? Depends on which US agency you ask
As the CFTC and SEC diverge over whether cryptocurrencies are commodities or securities, market players feel confusion and want clarity.
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Terra creator Do Kwon reportedly arrested at Montenegro airport
Do Kwon, the founder of Terraform Labs, has reportedly been arrested in Montenegro, according to a local government official.
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SEC sues Tron founder and celebrities, including Lindsay Lohan, Jake Paul and Soulja Boy, for crypto securities violations
The U.S. Securities and Exchange Commission sued Justin Sun, the founder of Tron, on allegations of orchestrating “unregistered offer and sale, manipulative trading and unlawful touting of crypto asset securities,” the agency stated Wednesday. The SEC said it was suing Sun, his Tron foundation, the BitTorrent Foundation and BitTorrent (now referred to as Rainberry) over […]
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