The financial regulator notes that Voyager’s distribution of the VGX token constituted to the sale of unregistered securities and was a violation of the securities law.
The availability of abundance of clean and cheap hydroelectric power in Paraguay makes it an ideal destination for conducting Bitcoin mining activities.
Huobi’s decision to delist privacy coins comes in the wake of abiding with regulations in several foreign jurisdictions where it operates.
As per the recent decision by the SFC, retail investors in Hong Kong could start trading in Bitcoin and Ethereum this year.
The US SEC noted that Do Kwon misled retail and institutional investors by selling crypto assets securities in the form of "unregistered transactions”.
The SEC Chair said that the crypto custodial practices adopted by most exchanges might not clear the legal hurdles to keep clients’ assets safe.
The Polygon zkEVM system will help in scaling the Ethereum blockchain without compromising on security and preserving the existing Ethereum ecosystem.
Paxos has replied to SEC’s Well notice stating that it strongly disagrees with the regulator’s staff that BUSD is a security.
Latest report suggest that the SEC is planning to sue Paxos over the issuance and listing of BUSD stablecoin which it considers as an unregistered security.
Kraken announced that it will unstake all digital assets of its US users with immediate effect and agreed to pay the $30 million fine.