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[ad_1] Wall Street’s top regulator on Wednesday was poised to adopt new rules requiring publicly traded companies to disclose hacking incidents, a measure officials said was being taken to help the investing public contend with the mounting cost and frequency of cyber attacks. The five-member US Securities and Exchange Commission was also set to issue … Read more
[ad_1] XRP has become the unlikely white knight of crypto, thwarting its regulatory foes and dragging the market out of the doldrums. The price of XRP popped 78 percent after a U.S. judge ruled on July 13 that issuer Ripple Labs’ sales of the token on public exchanges didn’t violate securities law, and it’s still … Read more
[ad_1] Wall Street’s top regulator is developing rules to govern the use of artificial intelligence on trading platforms, which poses a risk of conflicts of interest, the agency chief said in a speech on Monday. The US Securities and Exchange Commission will also need “new thinking” to confront challenges to financial stability presented by the … Read more
[ad_1] Nasdaq refiled an application with the U.S. securities regulator to list an exchange-traded fund by BlackRock that will reflect the price of bitcoin to add additional details, according to a filing made public on Monday. The refreshed filing, submitted to the U.S. Securities and Exchange Commission (SEC) on Thursday, said that Coinbase Global will … Read more
[ad_1] Months before cryptocurrency exchange Coinbase became the biggest target of the US crackdown on digital assets, the company launched an unusual legal offensive, recruiting top lawyers to try to shape court rulings in other cases. Before the US Securities and Exchange Commission sued Coinbase on June 6, the company had weighed in on two … Read more
[ad_1] Binance, the world’s biggest cryptocurrency exchange, and Binance.US have entered into an agreement with the U.S. Securities and Exchange Commission to ensure that U.S. customer assets remain in the United States until a sweeping lawsuit filed this month by the regulatory agency is resolved. The agreement, disclosed in court papers filed late on Friday, … Read more
[ad_1] Binance, the largest cryptocurrency exchange, said on Friday that it was leaving the Dutch market because it had been unable to meet registration requirements to operate as a virtual asset service provider. It is the latest in a string of setbacks for Binance including the June 5 decision by the US Securities and Exchange … Read more
[ad_1] The US affiliate of crypto giant Binance has carried out a round of layoffs since regulators last week charged it with violating securities laws and sought to freeze its assets, said two people with knowledge of the dismissals and employees’ social media posts. One of the sources said around 50 people were laid off. … Read more
[ad_1] Nigeria’s markets regulator has ordered the world’s largest cryptocurrency exchange Binance to halt its operations in the country, saying a local unit that courted Nigerian investors through a website was illegal. “Binance Nigeria Limited is hereby directed to immediately stop soliciting Nigerian investors in any form whatsoever,” the Securities and Exchange Commission (SEC) said … Read more
[ad_1] The US affiliate of Binance said it was halting dollar deposits and gave customers until Tuesday to withdraw their dollar funds, after the US securities regulator asked a court to freeze its assets. Binance.US, the purportedly independent partner of Binance, said in a tweet on Thursday that its banking partners were preparing to stop … Read more