How the SEC’s proposed token relief might impact crypto firms

February 5, 2025
The Last Cryptocurency
Cointelegraph Feed
Cointelegraph Feed

Proposed token relief from the Securities and Exchange Commission does not mean a blanket pass for all projects, attorney Franco Jafré said.

The Indian police launched an investigation against BitConnect co-founder Satish Kumbhani months after the U.S. SEC said he relocated from India. 89 Total views 2 Total shares The saga of BitConnect, a major cryptocurrency scam scheme, is taking another twist as one of the BitConnect co-founders is now wanted by the Indian state police.Satish Kumbhani,…

Many stablecoins fall short of coming regulatory recommendations, says FSB chair

The BIS-affiliated advisory body will release its final recommendations on global crypto asset regulation and supervision in July. 492 Total views 2 Total shares Own this piece of history Collect this article as an NFTFinancial Stability Board (FSB) chair Klaas Knot has outlined how the organization plans to address key threats to financial stability this…

Chinese City of Nanjing Launches $1.5 Billion Fund for Local Blockchain Projects

Nanjing, the capital of China's Jiangsu province, has launched a 10 billion yuan ($1.48 billion) investment fund for blockchain development, ZDNet reports July 23. Nanjing unveiled the major new fund at the inaugural Industrial Public Chain Summit (IPCS), together with the Zhongguancun Blockchain Industry Alliance –– a Beijing-based alliance of enterprises and government research institutes.…

Nansen 2 brings transparency, analytics to Tron ecosystem

Nansen and Tron team up to take advantage of each other's strengths to bolster their services.

Crypto Payment Network Partners With ID Screening Service

Cryptocurrency network TemTum is partnering with identity verification service Shufti Pro to provide Anti-Money Laundering (AML) and Know Your Customer (KYC) screening services for its customers.As part of the partnership announced on April 7, Shufti Pro will verify TemTum clients' KYC data including date of birth, addresses, names, document numbers, document issue dates and expiration…

SEC Files Subpoena Enforcement Against Alleged ‘Pump-and-Dump’ ICO Scheme

The U.S. securities agency has filed a subpoena enforcement action against the perpetrators of an alleged “pump-and-dump” scheme involving claims of a $100 million Initial Coin Offering (ICO), according to an Oct. 9 filing.The Securities and Exchange Commission (SEC) states it filed the subpoena application Oct. 5 at the U.S. District Court for the Central…

Data: Just 2/3 of ETH Nodes Running Parity Have Been Patched Against Critical Security Flaw

Global hacking research collective SRLabs claims that only two thirds of the Ethereum client software that runs on Ethereum nodes has been patched against a critical security flaw discovered earlier this year. The news was reported by business tech website ZDNet on May 17.An SRLabs report ostensibly shared with ZDNet has reportedly revealed that the…

Texas: Proposed Bill Requires Identification of Buyers Paying in Digital Currencies

A bill requiring users to identify themselves while using digital currencies has been filed on March 8, according to the official Texas legislature portal.The bill’s text contains the definitions of digital currencies, digital wallets, distributed ledgers and verified identity digital currencies (VIDC). The latter is defined as “a digital currency that allows the true identities…

BiT Global claims Coinbase delisted WBTC for ‘competitive advantage’

Coinbase contends the delisting was based on a standard review of WBTC’s suitability to trade on the exchange.

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