5 Major Points of the SEC’s Lawsuit Against Binance
On June 5, the United States Securities and Exchange Commission (SEC) brought a lawsuit against Binance, claiming that the platform had been involved in the sale of unregistered securities. In…
Binance Leaves Cyprus, Focusing on More Prominent Markets
It appears Binance is getting ready to leave Cyprus, as evidenced by the Cyprus Securities and Exchange Commission listing Binance Cyprus Limited as “Under examination for application for deregistration” on…
5 key highlights of the SEC’s lawsuit against Binance
Overview of the SEC Lawsuit The US Securities and Exchange Commission (SEC) recently filed a lawsuit against Binance, a major cryptocurrency exchange, alleging that the company had violated US securities…
Binance applies to deregister in Cyprus, says focus is on ‘larger markets’
Binance Applies to Deregister in Cyprus Binance, one of the world’s largest cryptocurrency exchanges, recently announced its intention to deregister its operations in Cyprus. The move is part of the…
European Parliament Approves AI Act of the European Union
The European Parliament has adopted the EU AI Act, a comprehensive legal framework for the regulation and supervision of artificial intelligence technologies within the European Union. Parliament passed the measure…
SEC Registration ‘Impossible’ for DEX Exchanges, Says Coinbase Chief Legal Officer
Paul Grewal, the chief legal officer of Coinbase, an American cryptocurrency company, has opposed a suggested amendment from the Securities and Exchange Commission (SEC) that could alter the definition of…
European Union AI Act passes in parliament
The European Union AI Act The European Union AI Act is a new legal framework that has been passed in the European Parliament to regulate the use of artificial intelligence…
Requiring DEXes to register with SEC like other exchanges is ‘impossible’, says Coinbase CLO
Requiring DEXes to Register with SEC Recently, the Securities and Exchange Commission (SEC) has been discussing the potential implications of requiring decentralized exchanges (DEXes) to register with them like other…
Increase in Mediations Involving Cryptocurrencies Reported by French Financial Markets Ombudsman
The Autorité des marchés financiers (AMF), a non-governmental French stock market regulator, has observed that progress can have its downsides. According to the AMF ombudsman, there was a sharp increase…
Controversy Surrounds Aave Proposal to Freeze Loans of Alleged Curve Founder
A proposal, put forth on June 12th in African American Vernacular English (AAVE) with the intention of stopping a particular account from accumulating more debt, has caused a stir, with…