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The company also reported a loss of $44,9 million for the first six months of this year

The exchange has listed a number of indicators that the company needs to achieve by a certain date in order to increase the amount of the deal

The regulator is seeking a court injunction against the project, compensation for damages to investors with interest, and civil penalties

If the proposal is adopted, the obligations would affect only companies with more than $500 million in assets under management

The regulator’s request is voluntary, it is not yet known whether a formal investigation has been initiated

Under the supervision of the regulator got, including the US arm of Binance

The lawyer of the former exchange product manager Ishan Wahi claims that the assets were not securities

If the document is adopted, digital assets will be regulated as commodities rather than securities

According to the regulator’s decree, the asset is equated with securities

According to the regulator, Forsage, a cryptocurrency project, has raised more than $300 million “from millions of retail investors worldwide”

Gary Gensler believes that digital asset trading platforms should be handled the same way as securities exchanges

Experts assessed how fair it is to equate tokens listed on the exchange with securities