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SEC claims all of Ethereum falls under US jurisdiction The U.S. Securities & Exchange Commission (SEC) claimed that Ethereum transactions take place in the United States as Ethereum nodes are “clustered more densely” in the U.S. than in any other country. The SEC argument is found within a Sept. 19 lawsuit against crypto researcher and YouTuber […]
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SEC to open digital asset office The U.S. Securities & Exchange Commission (SEC) is planning to launch a new office dedicated to reviewing filings related to digital assets. The Office of Crypto Assets to the Division of Corporation Finance’s Disclosure Review Program (DRP) will be responsible for reviewing the company filings of crypto issuers. The […]
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SEC sues Dragonchain for $16.5M Dragon Token ICO The U.S. Securities & Exchange Commission (SEC) has announced charges against the chief architect of Dragonchain, John Joseph Roets, for allegedly raising $16.5 million in unregistered crypto asset securities offerings. Roets and Dragonchain conducted an unregistered offering of Dragon tokens (DRGN) through a discounted “presale” to members […]
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SEC investigating Terra’s UST stablecoin collapse: Report As per a Bloomberg report, the U.S. Securities & Exchange Commission (SEC) has been looking into Terraform Labs and its stablecoin (TerraUSD) to find out if they violated federal investor protection rules. TerraUSD and LUNA functionally lost all their value last month. The SEC was already investigating Terraform founder […]
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Coinbase launches global ‘think tank’ for crypto Coinbase is launching a global think tank to shape the policy debate around digital assets. The Coinbase Institute will accelerate research on cryptocurrency and Web3 (a decentralized version of the internet). It will also spearhead discussions with policymakers and academics on the intersection of technology and finance. Crypto […]
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SEC adds ‘misleading’ crypto firms to public alert list The US Securities & Exchange Commission (SEC) has added “misleading” crypto trading firms to its list of unregistered entities. The SEC launched the Public Alert: Unregistered Soliciting Entities list in 2007. It now includes “SuperBinance” and “Superfxtrading,” which takes advantage of investors confusing them with Binance […]
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SEC approves fourth Bitcoin Futures ETF The US Securities and Exchange Commission (SEC) has approved its fourth Bitcoin Futures Exchange Traded Fund (ETF). The SEC approved Teucrium Bitcoin Futures Fund, managed by Vermont-based Teucrium Trading. Teucrium is the fourth Bitcoin Futures fund to be approved, following Proshares (BITO), Valkyrie (BTF), and VanEck (XBTF) funds that […]
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UK Govt lays out plans to become ‘crypto asset technology hub’ The United Kingdom has announced plans to become a “global crypto asset technology hub.” The country’s Finance Ministry will create legislation to bring certain stablecoins into the regulatory framework. The government acknowledged that certain stablecoins have the potential to become a widespread means of payment, […]
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Fed Chair calls for congressional action on crypto amid Ukraine-Russia conflict Federal Reserve Chairman Jerome Powell said there is a growing need for crypto regulations during testimony before the House Financial Services Committee. He said recent events in Ukraine have “underscored the need for Congressional action on digital finance, including cryptocurrencies.” Crypto prices today: Bitcoin […]
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BlockFi to pay largest SEC fine ever for a crypto case Crypto lending platform BlockFi has settled with the US Securities and Exchange Commission (SEC) over charges the company allegedly offered interest accounts without registering them under the Securities Act. The company will pay $100 million in penalties, including $50 million to settle charges from […]

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