Cryptocurrency Analysis and News Portal
China’s Securities Regulatory Commission (CSRC) will promote a national alliance chain to introduce smart contracts and blockchain-based services to digitize the securities and futures market. The announcement was made at the China Securities Industry Alliance Chain and OTC Alliance Chain Special Work Symposium in Beijing. Jiang Dongxing, deputy director of
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Cryptocurrencies can no longer be classified as a niche sector in light of the tremendous development made. At the moment, the primary worry with this emerging industry seems to be with regulations that define how the technology fits into our present economy. As of now, Thailand’s Securities and Exchange Commission
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The Ontario Securities Commission claimed Aux Cayes FinTech Company Limited, a legal entity in the Republic of Seychelles that operates crypto exchange OKEx, has failed to comply with the province’s law governing securities.In an Aug. 18 notice, the Ontario Securities Commission, or OSC, alleged that Aux Cayes may have engaged
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According to SEC officials, Poloniex and its employees operated the trading platform by prioritizing profits over compliance. Poloniex, a digital asset trading platform has agreed to a cease and desist order from the United States Securities and Exchange Commission (SEC) and is also set to pay over $10 million in settlements
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The ongoing case between fintech firm Ripple and the U.S. Securities and Exchange Commission (SEC) took another turn this week when the company was granted access to Binance's documents.U.S. Magistrate Judge Sarah Netburn granted Ripple CEO Brad Garlinghouse’s motion to “Obtain international discovery” of Binance records. According to the docket,
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A Coinbase shareholder has filed a securities class action against Coinbase for allegedly misleading investors ahead of its public listing about the company’s financial state and resilience as a crypto trading platform.Filed by law firm Scott + Scott in California Northern District Court on Thursday, the class action names Coinbase
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The Texas State Securities Board has filed for a cease and desist order against crypto lending firm BlockFi for not offering a security licensed at the state or federal level.According to a Thursday filing, the state regulator will be holding a hearing related to allegations BlockFi is illegally funding its
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The state of Alabama has become the second state in the United States to raise concerns over BlockFi, a major cryptocurrency lending platform.The Alabama Securities Commission (ASC) has issued a show cause order to New Jersey-based company BlockFi, ASC director Joseph Borg officially announced Wednesday.Already facing a cease and desist
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