BitGo launches regulated custody platform for native protocol tokens
The US custodian’s crypto-native clients include Worldcoin, ZetaChain, and LayerZero. Go to Source
SEC
Auto Added by WPeMatico
SEC Regrets Confusion Over ‘Crypto Asset Securities’ — Ripple and Coinbase Weigh In
Coinbase and Ripple legal chiefs, Paul Grewal and Stuart Alderoty, have criticized the U.S. Securities and Exchange Commission (SEC) for its inconsistent approach to classifying tokens as securities. Grewal referenced Footnote 6 in the SEC’s amended complaint against Binance, where the agency admitted creating confusion by labeling tokens as securities. He also pointed out the … Read more
New Bill Seeks Collaboration Between SEC and CFTC on Digital Assets
A U.S. congressman has introduced the Bridging Regulation and Innovation for Digital Global and Electronic Digital Assets Act (BRIDGE Act), aimed at improving collaboration between the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) on digital asset regulations. The bill proposes forming a Joint Advisory Committee to unite both agencies and … Read more
SEC crypto ‘overreach’ cost small investors $15B: John Deaton
According to a popular pro-crypto attorney and Senate candidate, the SEC’s overreach into the crypto industry has cost retail investors over $15 billion in losses. Go to Source
CFTC Teams up With SEC to Fight Cryptocurrency Scams
The Commodity Futures Trading Commission (CFTC) has partnered with several organizations, including the Securities and Exchange Commission (SEC), to educate the public about cryptocurrency scams, especially those involving fake romantic relationships. These partnerships aim to help consumers recognize and avoid these “pig butchering” scams, which defraud victims by building false trust and promoting fake cryptocurrency … Read more
Coinbase’s ‘Stand With Crypto’ creates NFT legal defense fund
Coinbase has emerged as a vocal advocate for the crypto industry in the face of ongoing regulatory crackdowns in the United States. Go to Source
SEC softens stance around SAB-121: Galaxy Research
In May, United States congressional lawmakers voted to repeal Staff Accounting Bulletin-121 in a 228-182 bipartisan vote. Go to Source
SEC ‘regrets any confusion’ from dubbing tokens as securities: filing
The retraction arose from the SEC’s lawsuit against Binance, but the agency is still pursuing claims against the crypto exchange for alleged securities law violations. Go to Source
FOIA request reveals emails and voicemails threatening Gary Gensler
Though there was seemingly no evidence connecting them to his crypto policies, Gary Gensler has been subject to violent threats from individuals since at least 2022. Go to Source
SEC expands Binance lawsuit: AXS, FIL, ATOM now securities
The SEC’s latest lawsuit update targets additional tokens like Axie Infinity, Filecoin, and Cosmos as unregistered securities, continuing its crackdown on the crypto industry. Go to Source
