Coinbase asks for dismissal of SEC lawsuit, says tokens are not investment contracts
Coinbase, a U.S. crypto exchange, has filed papers asking the New York federal court to dismiss its lawsuit from the Securities and Exchange Commission(SEC). While the SEC accused the exchange of offering unregistered securities, Coinbase argues that the digital assets listed on its platform are not subject to the regulator’s jurisdiction in its 177-page response […]
Crypto exchanges face SEC lawsuits over securities law violations
The US Securities and Exchange Commission (SEC) has filed lawsuits against major crypto exchanges Coinbase and Binance, alleging that they have used deceptive business practices and broken securities laws. The US authorities are intensifying their efforts to regulate the crypto sector, which will have an impact on key actors and raise concerns about investor protection […]
Ripple plans to leave the US if SEC wins the lawsuit
Cryptocurrencies have been facing problems; lately, one of which is the legal issues Ripple has faced. It has been in confrontation with the US Securities and Exchange Commission. The main point that the SEC claims is that Ripple has raised capital using unregistered securities, while the latter claims that it is a coin, not security. […]
Crypto regulation: EU regulator calls for a formal legal framework
Crypto has enjoyed its journey without any strict regulation across the world. The recent changes in the value of the global crypto market and its increasing size have led to crypto regulation worldwide. Various states have imposed taxes and taken other measures to ensure that crypto remains in control of state authorities. The recent calls […]
