SEC tells financial professionals that crypto assets demand ‘heightened scrutiny’

The U. S. Securities and Exchange Commission (SEC) advised finance professionals to thoroughly understand the risks of crypto on April 20. In one section of a bulletin, the SEC told broker-dealers and investment advisors that certain products are complex and carry additional risk.

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U.S. SEC Warns Advisers They Need to Know Crypto Before Recommending to Clients

The U.S. Securities and Exchange Commission (SEC) is advising brokers and investment advisers that they need to use heightened scrutiny when it comes to making crypto recommendations to ensure the risky products are in the best interests of their clients, the agency said in a new bulletin.

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SEC intensifies scrutiny on DeFi, sparking concerns over innovation and competition

The U.S. Securities and Exchange Commission is taking a closer look at decentralized finance (DeFi), raising concerns about the potential stifling of innovation.

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TRON (TRX) and Binance (BNB) Under SEC Investigation, While Orbeon Protocol (ORBN) Achieves Another Price Pump

While the likes of TRON (TRX) and Binance (BNB) face regulatory scrutiny, Orbeon Protocol (ORBN) is enjoying another price pump of 2713% as it continues to gain traction during the presale. In this article, we will examine the recent developments in the cryptocurrency sector and explain why Orbeon Protocol (ORBN) is set to explode in […]

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SEC Chair Gensler Faces Scrutiny Over Crypto Policy From Congress, Mark This Date

Following recent actions by US authorities against the US crypto industry, Operation Choke Point 2.0 has become more apparent than ever. At the center of the campaign is the US Securities and Exchange Commission (SEC), which recently sent a Well Notice to Coinbase and brought forth a lawsuit against crypto mogul Justin Sun over fraud […]

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Litecoin Dubbed A Commodity By CFTC Could Reignite Digital Silver Narrative

Litecoin was deemed a commodity today in a CFTC lawsuit filing against Binance. With the altcoin now potentially safe from further scrutiny from the SEC, a new digital silver narrative could take shape.

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Breaking: Tron (TRX) Price Plunges as SEC Sues Justin Sun

This development adds to the growing list of regulatory actions and scrutiny faced by the cryptocurrency industry

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D5 Exchange: Solving DEX issues with Gridex Protocol

The recent SEC crypto crackdown has hit many centralized exchanges (CEX). This scrutiny is drawing traders to decentralized exchanges (DEXs). However, insufficient liquidity, impermanent loss, limitedThe post D5 Exchange: Solving DEX issues with Gridex Protocol appeared first on AMBCrypto.

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Coinbase Stands Firm: Staking Services Will Continue Despite SEC Scrutiny

Even with the Securities and Exchange Commission’s position on staking, Coinbase, the popular crypto exchange, has assured its customers of continuing the service on its platform. In its email, the exchange promised that the staked amounts would continue to earn rewards.

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Silvergate shares nosedive 47% amid annual report delay

California-based crypto-friendly company Silvergate Capital will delay its annual financial report filing with the US Securities and Exchange Commission (SEC) while hinting that it would come under more regulatory scrutiny from banking regulators and US authorities.  In a filing on…

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2 Reasons Cardano’s ADA Is Unlikely To Be Labeled A Security As Industry Scrutiny Intensifies

Lately, the SEC has been focusing much of its crackdown on entities that many crypto veterans would consider honest actors after a year in which frauds destroyed tens of billions of dollars in investor funds.

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SEC to tighten oversight over crypto investment advisors

The US financial watchdog has issued a notice entailing tighter scrutiny of crypto brokers and financial advisers giving crypto investment services this year. The United States Securities and Exchange Commission (SEC) has announced that the securities market will face new…

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SEC to intensify scrutiny on U.S. brokers dealing in crypto

U. S. broker-dealers and investment advisers dealing in cryptocurrency will face increased scrutiny, as per the U. S. SEC’s Division of Examinations. The SEC will concentrate its efforts on SECThe post SEC to intensify scrutiny on U.

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SEC Directs Examiners to Focus on How US Broker-Dealers Are Pitching Crypto

U.S. broker-dealers and investment advisers that deal in crypto will get extra scrutiny from Securities and Exchange Commission examiners this year, according to the agency’s annual examination priorities announced Tuesday.

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Mango Markets to Resume Crypto Trading, SEC Be Damned

Developers behind the Solana-based crypto exchange aren't letting a little scrutiny from federal regulators stop Mango Markets.

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SEC Commissioner Reminds Industry Experts “What Crypto Is Really About” As Market Rebounds

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SEC Increases Scrutiny of Audits of Cryptocurrency Companies: WSJ

The US Securities and Exchange Commission (SEC) is increasing its scrutiny of audits of cryptocurrency companies and warning both investors and audit firms, WSJ reported.

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Crypto Auditors Come Under SEC Scrutiny

The US Securities and Exchange Commission is increasingly scrutinizing audits performed for cryptocurrency companies, with concerns over their legitimacy. The post Crypto Auditors Come Under SEC Scrutiny appeared first on BeInCrypto.

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SEC Continues Targeting Social Media Influencers in Latest $100 Million Securities Fraud Scheme

Social media influencers under the scrutiny of the Securities and Exchange Commission (SEC) for a $100 million securities fraud scheme. The post SEC Continues Targeting Social Media Influencers in Latest $100 Million Securities Fraud Scheme appeared first on BeInCrypto.

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US SEC under increased scrutiny after FTX collapse

Following the collapse of the FTX crypto exchange and all its ongoing cascading effects, crypto critics, as well as advocates are starting to ask if the US Securities and Exchange Commission could have done more. Observers expect to hear questions…

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CryptoSlate Wrapped Daily: SBF out as CEO as FTX files for bankruptcy; SEC Chairman’s ties with exchange under scrutiny

The biggest news in the cryptoverse for November 11 includes  FTX filing for bankruptcy as John Ray III takes over from Sam Bankman-Fried as CEO, FTX users seeking to bypass bankruptcy process using the “Bahamas loophole”, US Congressman accused SEC Chairman of having dubious ties to FTX, and Crypto dot com disclosing reserve holdings to allay rumors […] The post CryptoSlate Wrapped Daily: SBF out as CEO as FTX files for bankruptcy; SEC Chairman’s ties with exchange under scrutiny appeared first on CryptoSlate.

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The SEC Is Going After Bored Apes – Where Does It End?

The SEC has launched an investigation into Yuga Labs, the creators of Bored Ape Yacht Club, over a possible breach of federal securities laws.   The investigation of Yuga Labs is part of wider scrutiny of NFT platforms announced in March.

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The SEC should be aiming at Do Kwon, but it’s getting distracted by Kim Kardashian

Do Kwon should be front-and-center for scrutiny from regulators. Instead, they’re getting distracted by grandstanding over Kim Kardashian.

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Ethereum PoS Is Not a Security, Here Is Why

The second largest cryptocurrency, Ethereum, may be under the tight scrutiny of the SEC after it shifted to the Proof-of-Stake model. Is ETH PoS security? The post Ethereum PoS Is Not a Security, Here Is Why appeared first on BeInCrypto.

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SEC’s Gensler Signals Extra Scrutiny for Proof-of-Stake Cryptocurrencies: Report

Speaking after the Merge (but not specifically about Ethereum), SEC Chair Gary Gensler said proof-of-stake cryptos could be investment contracts that subject them to securities regulations.

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SEC Investigating $60 Billion Terra Implosion

The Terra implosion has reportedly attracted scrutiny from the U.S. Securities and Exchange Commission

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Binance Faces SEC Scrutiny Over 2017 BNB Coin Offering

BNB has fallen 8.5% since the news first surfaced. Binance Hit by SEC Investigation The Securities and Exchange Commission is investigating Binance over its BNB initial coin offering. Per a...

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Crypto SPACs Brace for Cruel Summer With Lower Valuations, SEC Scrutiny

Deals may need to get repriced or extended, industry investment bankers told CoinDesk.

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After XRP, NFT Creators Come Under SEC’s Scrutiny

The Securities and Exchange Commission (SEC) is probing into whether various Nonfungible tokens(NFTs) should be considered securities under existing securities laws and regulated according to a report by Bloomberg.

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SEC to look at possible securities violations in NFT market

The US Securities and Exchange Commission (SEC) is investigating NFT marketplaces and creators for possible breaches of its securities rules.   According to Bloomberg, this investigation would mark the first regulatory scrutiny of NFTs since the sector’s explosive growth started.

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SEC’s Gensler On How Securities Laws Apply to Cryptocurrencies

Gary Gensler is back, and guess what? Crypto users might have to brace tighter for what he has in store for them in 2022. Speaking to CNBC earlier last week, the SEC chairman vowed to deal with the crypto “wild west”, stepping up 2021’s regulation efforts through the enactment of laws and scrutiny structures. Gensler […]

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BlockFi Crypto Lending Products Draw Eye of SEC Following Regulation Debate

High-interest-bearing crypto lending products offered by BlockFi have brought the company under the scrutiny of the Securities and Exchange Commission. The post BlockFi Crypto Lending Products Draw Eye of SEC Following Regulation Debate appeared first on BeInCrypto.

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Finance Redefined: Layer-two growth and the SEC’s scrutiny, Sept. 19–23

Layer-two's surge to new heights, Bitcoin and DeFi EFT applications and Sushi's mistaken bug — all coming to you this week in Finance Redefined.

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SBI-acquired TaoTao exchange in Japan relists XRP

Even though XRP's status is under SEC's scrutiny in the United States, the asset was embraced by Ripple Labs' major partner, the SBI Group located in Japan. Due to this crucial partnership, XRP has noThe post SBI-acquired TaoTao exchange in Japan relists XRP appeared first on AMBCrypto.

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Robinhood’s cash cow under SEC scrutiny amid IPO filing

Robinhood’s main revenue source for the first quarter of 2021 could come under SEC review.

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Binance Exchange Under Scrutiny By Cayman Islands Regulator; Thai SEC Files Criminal Complaint

The Cayman Islands Monetary Authority (CIMA) has released a statement informing the public that Binance isn't authorized to operate in the territory. CIMA Investigating Binance The regulator is currently investigating whether Binance or any of its subsidiaries have activities that fall within the scope of its oversight.

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Thai SEC and Cayman Islands regulator take action on Binance

Thai SEC and the Cayman Islands Monetary Authority are the latest regulators to join the global scrutiny against Binance.

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Facing $70M in fines from regulators, Robinhood files for IPO

The U.S. Financial Industry Regulatory Authority delivered its biggest financial penalty against the trading app on Wednesday, and Robinhood still reportedly faces scrutiny from the SEC regarding its business practices.

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U.S. SEC brings Ripple (XRP) transactions under scrutiny

The legal case against Ripple Labs Inc keeps developing as the United States Securities and Exchange Commission (SEC) filed a new request for additional discovery in connection with XRP transactions.

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NYU Professor Says Elon Musk Is Attracting Regulators to Crypto — Regulatory Action Expected in 30 Days

NYU Professor Scott Galloway says that Tesla CEO Elon Musk is drawing additional scrutiny and regulators to the crypto space. He expects the U. S. Securities and Exchange Commission (SEC) to respond to Musk’s action in the next 30 days.

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Elon Musk unfazed by rumored possibility of SEC probe into Dogecoin tweets

The Tesla CEO avowedly loves "dogs and memes" and is greeting the alleged possibility of federal scrutiny of his Dogecoin tweets with a consistently droll attitude.

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XRP jumps ahead of Ripple-US SEC hearing today

Ripple Labs, the issuer of the payments token, faces scrutiny in US courts for its alleged role in misguiding investors and selling an unlicensed security. The post XRP jumps ahead of Ripple-US SEC hearing today appeared first on CryptoSlate.

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Enigma is the Latest ICO to get Punished by the SEC

A lot of ICO projects have come under SEC scrutiny since 2017. The latest to get scrutinized is Enigma, a company raising roughly $45 million. Most initial coin offerings will be scrutinized sooner or later.

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Telegram Rescinds Promises to Investors Following Regulatory Scrutiny

In response to SEC scrutiny, Telegram is going back on promises made during its $1. 7 billion raise. Telegram Revises Its Decentralized Vision Telegram may never establish a TON Foundation or even integrate its wallet application into its messaging app, contrary to its leaked whitepaper and other correspondences with investors.

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After SEC Scrutiny, Telegram Speaks Out To Settle TON Blockchain and GRAM Tokens Rumors

Telegram has made an announcement on its official website, saying it’s not going to launch its new blockchain platform called TON and the Grams cryptocurrency until it has the green light from the US regulators.

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Telegram Under Scrutiny by the SEC for its $1.7 billion Token Sale; Former Chief Investment Advisor Issued a Deposition to Testify

According to the filings made through the U. S District Court in New York, SEC’s main agenda is to stop the launch of Telegram’s blockchain ‘TON’ which is to be accompanied by its native token sale ‘grams’.

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Regulatory Pressure Could Prevent Facebook’s Libra from Launching

The intense scrutiny from regulatory agencies, governments, and central banks globally regarding Facebook’s Libra, could just be the end of the company’s stablecoin project. According to a report by CNBC, Facebook revealed in a recent filing with the U.

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Zuckbucks or Bust: How SEC Rulemaking Hurts Startup Cryptos and Favors Big Tech

SEC guidance has created a more attractive environment for regulated tech firms like Facebook to offer proprietary cryptoassets integrated into their existing products that can be legally traded on existing crypto-exchanges as non-securities.

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‘This Is Not an ICO, Just Barter’ – How Issuers Attempt to Evade Regulatory Scrutiny

Some issuers of initial coin offerings have started to change the terminology they use to refer to their token sale in a bid to evade the attention of regulators – the hawkish U. S. Securities and Exchange Commission (SEC) in particular.

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