The U.S. Securities and Exchange Commission (SEC) is prepared to move ahead with its own cryptocurrency regulatory framework if Congress fails to pass the Digital Asset Market Clarity (CLARITY) Act, according to SEC Chair …
SEC
Securities and Exchange Commission Chairman Paul Atkins has thrown support behind the long-awaited crypto market structure bill. Writing on X Tuesday, the chief of Wall Street’s biggest regulator said that he was “committed to …
The US Securities and Exchange Commission (SEC) announced proposed rule changes that its chair said would “help clarify the regulatory framework for crypto assets and provide greater certainty to the market” as part of …
TL;DR GameStop’s Form 10-Q includes digital asset custody risk disclosures. The filing discusses circumstances in which a custodian may liquidate or retain custody assets under default or insolvency-related events. The issue should be framed …
Real-world asset tokenization platform Securitize is one step closer to going public via a special acquisition company (SPAC) merger, after one of its filings was approved by the US Securities and Exchange Commission. The …
- Web3 Technology
AML Crackdown Overtakes SEC Securities Cases as Top Crypto Risk, CertiK Finds
by adminby adminAnti-money laundering (AML) enforcement has overtaken securities classification as the top regulatory risk for digital asset firms, according to CertiK’s Skynet State of Digital Asset Regulations Report published Tuesday. AML-related fines exceeded $900 million …
- NFT & Metaverse
SEC will Consider most Crypto Assets not Securities under Federal Law
by adminby adminIn one of its first actions since signing a memorandum of understanding with the Commodity Futures Trading Commission (CFTC), the US Securities and Exchange Commission (SEC) said it would interpret how “non-security crypto assets” …
South Korean Officials Meet With US SEC, Weigh Unified Crypto Rules Amid Local Scandals
In brief The SEC’s crypto task force hosted a joint coalition of South Korean officials, legal experts, and industry leaders. The meeting outline underscores that U.S. regulatory choices heavily influence South Korea’s emerging digital …
SEC Charges Texas Man With $12.3M Crypto Fraud Using Fake AI Trading Bots
The Securities and Exchange Commission has charged a Texas man with running a crypto fraud scheme that raised $12.3 million from roughly 150 investors by falsely claiming to use AI-powered trading bots to generate …
SEC scraps civil fraud case against crypto social network BitClout founder – DL News
The SEC has scrapped a civil case against the founder of BitClout. It comes one year after the Justice Department dismissed its case against the project. The SEC has scrapped a number of lawsuits …