US SEC charges former NBA player for promoting crypto asset

The SEC has charged Paul Pierce for promoting EMAX tokens The former NBA player has agreed to pay a penalty and is prohibited from promoting crypto asset securities for three years The UniteThe post US SEC charges former NBA player for promoting crypto asset appeared first on AMBCrypto.

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Breaking: SEC sues Do Kwon and Terraform Labs for fraud

"We allege that Terraform and Do Kwon failed to provide the public with full, fair, and truthful disclosure as required for a host of crypto asset securities," said SEC chair Gary Gensler.

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Breaking: Kraken Settles With SEC And Ends Staking Services

The Securities Exchange Commission (SEC) charged the two Kraken crypto exchange subsidiaries, Payward Ventures Inc and Payward Trading Ltd, with failing to register and offering their asset staking-as-a-service program.

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Crypto Exchange Kraken Settles With SEC Over Unregistered Staking Services

The Securities and Exchange Commission (SEC) has charged Kraken with failing to register their crypto asset staking-as-a-service program.

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Polygon’s MATIC Maintains Upsurge Following Partnership With Hamilton Lane

Private market investment company Hamilton Lane has unveiled tokenized investment funds in a deal with digital asset securities firm Securitize and blockchain Polygon. The new tokenized feeder funds would use blockchain technology to give individual investors the same opportunities as their institutional counterparts.

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Hong Kong regulator expands crypto oversight team 

A Feb. 6 filed report highlighted Hong Kong's securities and futures commission's plans to hire additional staff to provide a better supervisory role to virtual asset service providers in Hong Kong. 

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Hong Kong securities regulator adds crypto personnel for industry supervision

Regulators in Hong Kong plan for the addition of personnel to “better supervise” the activities of local virtual asset providers.

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SEC Commissioner Makes Controversial Case For ETH, XRP, Faults Howey’s Test

The Howey test has been used by the Securities and Exchange Commission (SEC) to determine if assets are to be classified as securities since 1946, but it is not without its flaws. SEC’s Commissioner Hester Pierce has concurred with the point of most digital asset executives for the greater part of the year concerning the […]

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Thailand’s SEC mandates exchanges to establish digital wallet management system

The Securities and Exchange Commission (SEC) of Thailand has mandated digital asset providers to establish a digital wallet management system to ensure the safety of customers’ assets. The post Thailand’s SEC mandates exchanges to establish digital wallet management system appeared first on CryptoSlate.

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Grayscale Slams SEC's 'Unreasonable' Barring of Spot Bitcoin ETFs

The asset manager called the U.S. Securities Exchange's defense of its decision to block its spot-bitcoin ETF "illogical."

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Gemini and Genesis charged by SEC with selling unregistered securities

The charges relate to Gemini’s crypto asset lending program, Gemini Earn, according to the Securities and Exchange Commission.

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‘Most Cryptocurrencies Will Fail’, Warns SEC’s Gary Gensler

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Crypto Exchange Zipmex Faces Probe From Thai Securities Regulator: Bloomberg

The regulator is investigating if Zipmex was operating as a digital asset fund manager without permission.

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SEC gives a thumbs up to nine WisdomTree blockchain-enabled funds

The United States Securities and Exchange Commission (SEC) has given a nod to nine new blockchain-enabled funds offered by the New York-based asset manager WisdomTree. These nine digital funds, accThe post SEC gives a thumbs up to nine WisdomTree blockchain-enabled funds appeared first on AMBCrypto.

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WisdomTree unveils nine new blockchain-enabled funds

WisdomTree, a US-based financial manager, has announced nine new digital asset funds. According to the company, the new funds are effective with the US Securities and Exchange Commission (SEC), and their launch is set to bring its blockchain-enabled funds to 10.

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Belgium says BTC, ETH and other decentralized coins are not securities

Belgium’s take on what conditions must be met in order for a crypto asset to be classed as a security are in contrast to the views of U.S. Securities Exchange Commission Chairman Gary Gensler.

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FTX latest: EU license at stake as asset freeze fuels crisis

Amid SBF’s rush to fund up to $8 billion to preserve FTX, several securities regulators have blocked the assets of a portion of Sam Bankman-crypto Fried’s empire and moved to appoint a liquidator for one of his firms. FTX’s Sam…

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HashKey Group receives approval to operate crypto exchange from Hong Kong SFC

Hash Blockchain Limited (HBL), a member of the HashKey Group (HashKey), a blockchain asset financial services group in Asia, announced today it has received approval from the Securities and Futures Commission of Hong Kong (SFC) to operate a virtual asset trading platform, under a Type 1 (dealing in securities) license and a Type 7 (automated […] The post HashKey Group receives approval to operate crypto exchange from Hong Kong SFC appeared first on CryptoNinjas.

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LBRY Token Ruled a Security in Case Brought by SEC

The crypto-powered video platform LBRY has lost a case against the SEC, making its native asset a security. LBRY Sold Unregistered Securities LBRY has lost to the SEC. In a...

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Hong Kong Government Reconsiders Stance on Virtual Asset ETFs, Tokenized Securities, Retail Investors

The government says it's ready to engage with virtual asset service providers and invite them to the city.

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Australian Markets Regulator Sues Promoter of Crypto Token Qoin

The Australian Securities and Investments Commission (ASIC) has sued the promoters of the crypto asset Qoin for allegedly running misleading advertisements.

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Bitcoin Down Under: Aussie Regulator Issues Block Order Against Holon’s Crypto Funds

Bitcoin and other related crypto products being offered by this Australian asset management company is now on hold. The Holon Investments Australia Limited has received cease-and-desist orders from the Australian Securities and Investments Commission.

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Grayscale files brief in SEC lawsuit over spot Bitcoin ETF rejection

Grayscale, the world's largest digital asset fund manager, has filed an opening brief in its lawsuit against the U.S. Securities and Exchange Commission. SEC’s argument “deeply flawed” In a TwThe post Grayscale files brief in SEC lawsuit over spot Bitcoin ETF rejection appeared first on AMBCrypto.

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Investment Manager Hamilton Lane to Tokenize 3 Funds Through Securitize

Investment management firm Hamilton Lane (HLNE) is to tokenize three of its funds in partnership with digital asset securities company Securitize.

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Daily Briefing: “Crypto Asset Securities”

Kim Kardashian was ordered to pay a fine of $1.26 million, a small fraction of her net worth. SEC Charges Kim Kardashian Today, the SEC announced charges against billionaire socialite...

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This socialite is the next to make it to the SEC hitlist on grounds of...

The Securities and Exchange Commission (SEC), on 3 October,  charged American model and socialite Kim Kardashian for touting a crypto asset security on social media. The TV personality also failed toThe post This socialite is the next to make it to the SEC hitlist on grounds of... appeared first on AMBCrypto.

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Ontario Securities Commission (OSC) Files Lawsuit for $51M Dignity Token Asset Offering

The Ontario Securities Commission (OSC) has filed a lawsuit against Troy Richard James Hogg for selling unregistered securities in an ICO where he raised $51 million. The post Ontario Securities Commission (OSC) Files Lawsuit for $51M Dignity Token Asset Offering appeared first on BeInCrypto.

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Moscow Exchange drafting bill on digital financial assets and securities trading: Report

Russia's stock exchange expects to become a registered digital asset exchange and begin trading both digital financial assets and digital asset-based securities.

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Valkyrie raises $73.6M for crypto-focused trusts

Alternative asset management firm Valkyrie raised $73. 6 million in capital to fund two of its crypto-focused trusts, according to an amended filing with the United States Securities and Exchange Commission (SEC).

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Singapore's financial authority grants license to SBI's digital asset arm

The firm planned to launch a digital asset securities platform in Singapore, as well as provide custody, capital markets products and corporate finance advisory services.

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Thai SEC Canvasses Opinion on Proposed Crypto Staking and Lending Ban

The Thai Securities and Exchange Commission (SEC) has approved regulations prohibiting digital asset operators from providing or supporting digital asset deposit services that pay returns to depositors.

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Crypto Unit of Japan's SBI Wins Capital Markets License in Singapore

SBI Digital Markets, a subsidiary of the digital asset arm of SBI Holdings, can now offer crypto securities and derivatives trading services to Singapore customers.

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South Korean financial majors want to create virtual assets exchange in 2023: Report

Samsung Securities, Mirae Asset Securities and Shinhan Financial Investment are among the financial heavyweights in talks with the government to create the exchange.

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Prosecutors want to claim NFTs as securities, alleges legal team of former OpenSea employee

“The government has brought the instant prosecution using ill-founded applications of criminal law to set precedent in the digital asset space,” said Nathaniel Chastain’s lawyers.

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SEC Sues Dragonchain Over Unregistered Crypto Asset Securities

The founder of Dragonchain and related entities are facing the U. S. Securities and Exchange Commission allegations that they violated federal anti-fraud provisions for their roles in raising $16.

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SEC Charges Dragonchain With Selling $16.5 Million In Unregistered Securities

The U.S. Securities and Exchange Commission has pressed charges against Dragonchain for allegedly raising over $16 million in an offering of unregistered “crypto asset” securities — a huge sign the regulator is widening its crusade against the cryptocurrency space.

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SEC Vs. Dragon – Dragonchain Gets Sued For $16.5 Million ‘Unregistered’ Token ICO

The U. S. Securities and Exchange Commission announced charges against organizations associated with Dragonchain as well as its chief architect John Joseph Roets for allegedly generating $16. 5 million through “unregistered crypto asset” securities offerings.

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SEC Files Complaint Against Dragonchain for Unregistered Initial Coin Offering

The complaint alleges blockchain startup Dragonchain failed to register more than $16 million in crypto asset securities.

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Abrdn Buys Stake in Digital Exchange Archax

Asset manager abrdn has taken a stake in Archax, the first digital securities exchange to be regulated in the U.K., becoming the company's largest external shareholder.

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Crypto custody platform Fireblocks integrates security token issuance solution from Tokeny

Fireblocks, a provider of blockchain asset and crypto custody technology, today announced it has integrated Tokeny into its platform. The integration will enable clients of Fireblocks the ability to mint and manage permissioned tokens such as digital securities, stablecoins, and loyalty programs across apps, payment networks, and more.

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New Class Action Against Celsius Alleges Offering "Unregistered Securities" and Deceiving Customers

Complaint refers to Celsius' native asset (CEL) as "securities"

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Spot Bitcoin ETF: Grayscale’s chief legal officer says litigation could take up to 2 years

Grayscale’s litigation process against the US Securities and Exchange Commission (SEC) over the regulator’s denial of a spot Bitcoin ETF could take as long as two years. That’s according to the leading digital asset manager’s chief legal officer Craig Salm.

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Why Ethereum Is “Obviously A Security”, Says Bitcoin Bull Michael Saylor

Bitcoin bull and CEO of MicroStrategy Michael Saylor talked about Bitcoin, Ethereum, Cardano, and their asset classification in the United States. This topic has gained more importance over the last month as the Securities and Exchange Commission (SEC) Chairman Gary Gensler claimed only Bitcoin is a commodity.

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Inverse Bitcoin ETF Sees 300% Increase In Short Interest

Bitcoin ETFs had been seeing a lot of interest since they were first given the green light by the Securities and Exchanges Commission (SEC) last year, and while some of them have waned, they still remain a good option for institutional investors wanting to bet on the digital asset but not hold any of it […]

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Belgian regulator reviews crypto asset classifications while awaiting harmonization

The Belgian Financial Services and Markets Authority created a chart to differentiate crypto asset securities, investment instruments and financial instruments.

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Grayscale Sues SEC Over Spot Bitcoin ETF Application Rejection

The worlds largest digital asset manager, Grayscale, has filed a lawsuit against the U.S. Securities and Exchange Commission after the regulator rejected its application to convert its flagship Bitcoin trust...

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What are the odds of a new Bitcoin ETF approval? Not good, according to Susquehanna’s Bart Smith

The US Securities and Exchange Commission (SEC) is unlikely to approve a spot Bitcoin exchange traded fund (ETF) anytime soon, says Bart Smith, the global head of digital asset strategy at Susquehanna International Group.

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Citibank, Swiss Crypto Firm Partner To Develop Bitcoin Custody Services

Citibank, a major global banking institution, revealed on Wednesday that it has hired Switzerland-headquartered crypto custody firm Metaco to establish a digital asset custody platform. The collaboration will focus on tokenized securities, which are representations of stocks and bonds that are transferred and settled using blockchain technology, according to an email from a Citibank official. […]

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Hong Kong’s Securities And Futures Commission Releases Warning On NFTs

The lack of clear digital asset regulations has left innovators to stumble forward as they reach their hands out in the dark. Hong Kong’s Securities and Futures Commission (SFC) has issued a warning on NFTs as they say certain projects may have breached securities law.

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