Cryptocurrency Analysis and News Portal
Welcome to the latest edition of Cryptox’s Nifty Newsletter. Keep reading to stay up-to-date with the latest stories on nonfungible tokens. Every Wednesday, the Nifty Newsletter informs and inspires you to dig deeper into the latest NFT trends and insights.In this week’s newsletter, the United States Securities and Exchange
Read More
The United States Securities and Exchange Commission’s (SEC) first enforcement action on a nonfungible token (NFT) project triggered responses from community members, pointing out how the decision could be "problematic," and how many NFT projects fit the description and may be next on the SEC’s hit list. On Aug. 28, the
Read More
Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied The SEC has charged Impact Theory for an unregistered NFT offering, marking its first enforcement action in the NFT sector. The Securities and Exchange Commission (SEC) charged Impact Theory, LLC on Aug. 28, a Los Angeles-based media
Read More
The United States Securities and Exchange Commission (SEC) has charged a media and entertainment company with conducting unregistered securities sales when it sold nonfungible tokens (NFTs) to investors between October and December 2021. Impact Theory, a Los Angeles-based company that produces entertainment and educational content, including several podcasts, allegedly raised almost
Read More
Hong Kong’s Securities and Futures Commission (SFC) has issued an in-principle approval to Hong Kong Virtual Asset Exchange (HKVAX) to operate a virtual asset trading platform under the region’s securities laws. On Aug. 11, HKVAX announced that it had received an “approval-in-principle” from the SFC to carry out Type 1 and
Read More
Another crypto firm, Bittrex, bites the dust in the SEC’s continued clampdown on major players in the crypto industry amidst regulatory uncertainty.
Read More
The Securities and Futures Commission (SFC) of Hong Kong issued a notice about unlicensed virtual asset trading platforms “engaging in improper practices,” warning of potential criminal charges.In an Aug. 7 notice, the SFC said certain trading firms had falsely claimed to have submitted applications for licenses in Hong Kong. The
Read More
CoinGecko launched a new index tracking the biggest crypto tokens viewed as likely securities by the United States Securities and Exchange Commission (SEC). The ‘Top Alleged Securities Coins’ page sorts the selection of crypto assets by market capitalization, placing Binance Coin (BNB) at the top of the list — followed by
Read More
Massachusetts securities regulators have started a new investigation into the use of artificial intelligence (AI) in the securities industry, after becoming increasingly concerned about the implications.On Aug. 3, Massachusetts Secretary of the Commonwealth William Galvin officially announced an investigation into the ways in which firms may be using AI in
Read More
Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Richard Schueler, popularly known as Richard Heart, is facing a lawsuit alleging he raised over $1 billion in unregistered securities offerings across three projects and used investor funds for personal expenses. The internet personality Richard Schueler, often
Read More