SEC loses bid to classify BNB secondary sales as securities

SEC loses bid to classify BNB secondary sales as securities

Key Takeaways The court found that the SEC’s reliance on the argument that BNB tokens represent investment contracts throughout their lifecycle is insufficient. The dismissal may provide a legal basis for other... Read more »
Hong Kong investment firm Victory Securities reveals Bitcoin and Ether ETF fees

Hong Kong investment firm Victory Securities reveals Bitcoin and Ether ETF fees

Hong Kong-based investment firm Victory Securities has reportedly disclosed its proposed fees to investors for Bitcoin (BTC) and Ethereum (ETH) exchange-traded funds (ETFs) following the recent approval of cryptocurrency ETF products within... Read more »
Hong Kong securities watchdog places major crypto exchange Bybit on alert list as local unit seeks licence in the city

Hong Kong securities watchdog places major crypto exchange Bybit on alert list as local unit seeks licence in the city

Hong Kong’s Securities and Futures Commission (SFC) has warned investors about trading on Bybit, one of the world’s largest cryptocurrency exchanges, after placing the platform on an alert list, even as its... Read more »
Judge supports SEC securities claim in default order in Coinbase insider trading case

Judge supports SEC securities claim in default order in Coinbase insider trading case

Judge Tana Lin partially satisfied the United States Securities and Exchange Commission (SEC) request for a default judgment against Sameer Ramani, one of the defendants in the case of former Coinbase product... Read more »
CoinGecko now has an index for crypto tokens alleged as securities

CoinGecko now has an index for crypto tokens alleged as securities

CoinGecko launched a new index tracking the biggest crypto tokens viewed as likely securities by the United States Securities and Exchange Commission.  The “Top Alleged Securities Coins” page sorts the selection of... Read more »
Korea’s FSC Orders Exchanges to Delist and Classify Crypto With Securities Properties

Korea’s FSC Orders Exchanges to Delist and Classify Crypto With Securities Properties

South Korea is wanting to amp up laws to forestall unfair commerce within the trade. As such, the Financial Services Commission issued directions to 5 main crypto exchanges within the nation to... Read more »
SEC charges Genesis and Gemini with selling unregistered securities

SEC charges Genesis and Gemini with selling unregistered securities

The Securities and Exchange Commission on Thursday charged crypto companies Genesis and Gemini with allegedly selling unregistered securities in connection with a high-yield product provided to depositors. Gemini, a crypto trade, and... Read more »
INVESTOR ALERT: Law Offices of Howard G. Smith Announces the Filing of a Securities Class Action on Behalf of Singularity Future Technology Ltd. f/k/a Sino-Global Shipping America Ltd. (SGLY) Investors

INVESTOR ALERT: Law Offices of Howard G. Smith Announces the Filing of a Securities Class Action on Behalf of Singularity Future Technology Ltd. f/k/a Sino-Global Shipping America Ltd. (SGLY) Investors

BENSALEM, Pa.–(BUSINESS WIRE)–Law Offices of Howard G. Smith pronounces that a class motion lawsuit has been filed on behalf of traders who bought Singularity Future Technology Ltd. f/ok/a Sino-Global Shipping America Ltd.... Read more »
Canadian Securities Administrators Updates On Crypto Exchanges Operating In Country, Stablecoins Could Be Securities

Canadian Securities Administrators Updates On Crypto Exchanges Operating In Country, Stablecoins Could Be Securities

The Canadian Securities Administrators (CSA) says they’re “strengthening their strategy” to crypto exchanges offering providers in Canada following latest occasions. The CSA is alluding to the chapter of FTX and the entire... Read more »
Michael Saylor Says SEC Should Shut Down XRP, Ethereum, Solana and Other Altcoins for Being Unregistered Securities

Michael Saylor Says SEC Should Shut Down XRP, Ethereum, Solana and Other Altcoins for Being Unregistered Securities

Bitcoin (BTC) firebrand Michael Saylor says the U.S. Securities and Exchange Commission (SEC) can be proper to close down primarily all altcoins which he says are being offered as unregistered securities. In... Read more »