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Nigerian Securities Regulator Says Binance Nigeria Operates Illegal Crypto Exchange and Should Immediately Cease Soliciting Local Investors

boss Bitcoin News, News

Binance operates an independent entity dubbed Binance Nigeria Limited similar to the United States entity that was also deemed illegal earlier last week. Cryptocurrency exchanges around the world have found themselves at loggerheads with several global regulators for offering digital assets without proper registrations. In the latest developments, both the Nigerian

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ALGO, FLOW rebound from all-time lows, others rebuff SEC securities label

boss Exchanges, News

The United States securities regulator designated a slate of cryptocurrencies as securities in recent lawsuits including Algorand (ALGO) and Flow (FLOW) which hit all-time price lows following the declaration.On June 10, ALGO and FLOW hit their respective historic lows of $0.098 and $0.46, having dropped around 30% in the past

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Solana, Polygon challenge US SEC’s classification of SOL and MATIC as securities

boss Bitcoin News, News

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied The Solana Foundation and Polygon Labs are among the latest entities to push back against the U.S. Securities and Exchange Commission’s (SEC) classification of their respective tokens as securities. Solana Foundation and Polygon Labs push back against

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SEC claims Decentraland and The SandBox tokens are securities, Here’s why TOADS is different

boss Bitcoin News, News

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied The virtual asset community has been taken aback by recent statements made by the U.S. Securities and Exchange Commission (SEC) concerning the categorization of virtual assets. Notably, the SEC claims that tokens of Decentraland and The

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Binance’s Nigeria Unit Ordered to Halt ‘Illegal’ Operations by Securities Commission

boss Exchanges, News

Nigeria's order follows a lawsuit by the U.S. securities watchdog last Monday against the largest global crypto exchange by market capitalization, alleging it failed to register as a broker or exchange, and that it sold offered unregistered securities the general public. Source

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Coinbase Violated Securities Laws With Staking Program, Multiple U.S. State Regulators Allege

boss Bitcoin News, News

The ASC action doesn't forbid Coinbase from offering staking as a service as long as it complies with the law, but the order itself was the result of a task force of 10 state securities regulators in the U.S., namely Alabama, California, Illinois, Kentucky, Maryland, New Jersey, South Carolina, Vermont,

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