All by tag: SEC

The agency plans to hire 170 additional employees to fully supervise the financial markets

Brian Armstrong’s statement came after the SEC sent the exchange a notice of possible violations of securities laws

The token will still be available for trading on the platform

It is reported that the exchange’s products and services will work as usual for now

The commission’s chair cited the case as an example of the potential risks investors may face when using unregistered securities

The value of the asset has reached its high in 4 months

The platform’s CEO proposed to create a $3 million fund to cover legal costs

Representatives of the exchange said that such services do not meet all the points of the Howey test, so they can not be considered securities

As of December 2022, the value of cryptocurrencies on the company’s balance sheet was $327 000

That was Gary Gensler’s response to CFTC chairman Rostin Behnam’s statement that Ethereum is a commodity

The fund is divided into US and offshore divisions and is available to a small circle of investors

The venture capital fund’s senior executive believes that the actions of the regulator hinder innovation