All by tag: SEC

Gene Hoffman also emphasized that the platform’s token XCH is not a security

According to Jeremy Allaire, banking regulators are more suited for this role

Gary Gensler also believes that having a large number of different tokens on the market will not benefit the economy

This would happen if the regulator would not recognize XRP sales as securities transactions

The SEC accused the parties of violating the Securities Act

Brian Armstrong reiterated that the platform’s staking services are not securities

The company also intends to register as a clearing agency through the Securities and Exchange Commission

The head of the company managed to cash out about 100 million of the withdrawn funds in a Swiss bank

The Commission announced a “multi-billion dollar crypto asset securities fraud”

Charles Hoskinson listed several key differences between the investment programs of his network and the Kraken exchange

Commission chair Gary Gensler said that the current business model of crypto exchanges does not meet the standard of qualified custodial services

The result of the examination may be the emergence of a separate legislative framework for this type of service