Financial innovators are playing the long game with the United States Securities and Exchange Commission (SEC), and it’s only fair, according to Franklin Templeton head of digital assets Roger Bayston. “The SEC, like a lot of regulatory bodies, likes to rely on legal precedents. […] Those precedents are being set in courts of law oftentimes,…

Changpeng Zhao, the founder of Binance, the world’s largest cryptocurrency exchange, has reported to a low-security federal prison in Lompoc, California, to begin serving his sentence. According to a CNBC report, the information was verified with his legal team at Latham and Watkins. Crypto community applauds Members of the crypto community have expressed their admiration for the…

The United States Securities and Exchange Commission (SEC) will continue its regulation-by-enforcement approach to the cryptocurrency industry for as long as it can to satisfy its goal of “choking” the industry, according to crypto exchange Coinbase. “The SEC is serious about the destruction of digital assets,” Coinbase declared in a May 31 filing with the U.S Court…