Former SEC Chief Warns Crypto Influencers against Price Manipulations

The former SEC chief hinted that influencers adopt various strategies to deceive and mislead their followers into making uncalculated investment decisions.  The US Securities and Exchange Commission (SEC) is increasing its efforts to regulate and enforce compliance among crypto influencers, as former SEC Chief John Reed Stark issues a stern warning about potential prosecutions. In … Read more

Filecoin Foundation Lashes Out at SEC for Classifying FIL as Security

Grayscale also noted that it doesn’t believe that Filecoin is security and seeks to respond to the SEC staff with a legal basis for their position. Earlier this week, the US Securities and Exchange Commission (SEC) classified the cryptocurrency Filecoin as a security and even asked asset manager Grayscale to pull up their application for … Read more

Filecoin Labeled as Security, SEC Asks Grayscale to Withdraw Filecoin Trust

The SEC crackdown on crypto firms has intensified significantly since the bear market of last year incited by several collapses and bankruptcy filings of crypto exchanges. The United States Securities and Exchange Commission (SEC) has tagged Filecoin (FIL) as an unregistered security. As a result, the regulator expects Grayscale Investments its application for Filecoin Trust. … Read more

Coinbase to Expand to Singapore as US SEC Denies Answerability

The firm also conducted a survey recently to asses the constructive stance of policymakers towards crypto and Web3 in Singapore. Crypto exchange Coinbase is looking into relocating to Singapore as the United States Securities and Exchange Commission rejects the company’s requests for regulatory clarity. The US SEC recently asked the judge to deny Coinbase’s bid … Read more

SEC Says Crypto Regulatory Clarity May Take Years and They’re in No Rush

The regulator argues that it is under no obligation to meet the requirements outlined in Coinbase’s recent petition. The United States Securities Exchange Commission (SEC) has finally replied to Coinbase’s demand for regulatory clarity. Recall that the American exchange recently filed a petition asking the regulator to make clear crypto regulations. In a formal response … Read more