SEC | ForkLog - Part 42

ForkLog 17 13.02.2023

SEC Warns Paxos of Enforcement Action, Reports Say

The U.S. Securities and Exchange Commission (SEC) plans to sue Paxos over its role in issuing the Binance USD (BUSD) stablecoin, The Wall Street Journal reports, citing sources familiar with the matter.

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ForkLog 14 10.02.2023

SEC chair urges crypto industry to take note of Kraken case

Cryptocurrency platforms should take note of Kraken's decision to shut down its staking program for U.S. customers, SEC Chairman Gary Gensler said on CNBC.

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ForkLog 19 10.02.2023

Kraken to pay $30 million to settle SEC charges

Kraken has settled the charges brought by the U.S. Securities and Exchange Commission (SEC), according to the regulator's site.

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ForkLog 28 09.02.2023

SEC investigation into Kraken activity reported

The SEC has opened an investigation into possible securities-law violations by the Kraken crypto platform in offering products to U.S. users, Bloomberg reports, citing a knowledgeable source.

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ForkLog 39 08.02.2023

SEC chair makes cryptocurrency regulation a priority for 2023

Crypto assets and other new technologies are among the SEC's priorities for 2023, according to statements by SEC Chair Gary Gensler.

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ForkLog 19 28.01.2023

SEC chief outlines three ways to identify fraudulent crypto projects

The chair of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, during Twitter Spaces outlined three ways to identify a fraudulent cryptocurrency project.

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ForkLog 19 27.01.2023

Media: SEC launches probe into crypto custody by investment advisers

The SEC is examining registered investment advisers for compliance with rules and subsidiary acts relating to the custody of digital assets, Reuters reports citing informed sources.

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ForkLog 11 26.01.2023

Circle says the SEC was not at fault over SPAC deal collapse

The SEC was not the reason Circle's termination of the agreement with Concord Acquisition within the SPAC merger; any such claims to the contrary are inaccurate. This was stated by representatives of the issuer of the stablecoin USDC to Decrypt.

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ForkLog 21 25.01.2023

Hester Peirce urges crypto industry to learn lessons from an ‘awful 2022’

Participants in the cryptocurrency community and regulators should draw lessons from the problems the industry faced in 2022. SEC Commissioner Hester Peirce said this at the Digital Assets at Duke conference.

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ForkLog 17 23.01.2023

Ex-SEC official backs agency’s approach to regulating the crypto industry

The proposition that the SEC 'regulates the crypto industry through enforcement' is mistaken, since that is how securities regulation works. This was stated by John Reed Stark, the former head of the agency’s Office of Internet Enforcement.

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ForkLog 18 20.01.2023

Nexo to pay $45 million in fines to U.S. regulators

The crypto lending platform Nexo has reached an agreement with U.S. regulators over allegations of unregistered sale of securities. The company will pay $45 million in fines as part of the settlement.

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ForkLog 33 18.01.2023

In 2022 the SEC increased its crypto-enforcement caseload by 50%

Over 2022 the U.S. Securities and Exchange Commission (SEC) brought 30 cryptocurrency-related cases, 50% more than the year before, according to Cornerstone Research's report.

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