SEC investigates TerraUSD stablecoin crash

    The US Securities and Exchange Commission (SEC) is looking into the collapse of the TerraUSD stablecoin and whether its marketing violated federal investor-protection regulations. The lawyers for the SEC are seeing whether Terraform Labs, which is behind the coin, broke the rules for securities and investment products. According to a Bloomberg source, the regulator’s enforcement…

    SEC launches investigation against Binance’s BNB token

    The US Securities and Exchange Commission (SEC) is reportedly investigating whether Binance’s BNB token was a security during its sale in 2017. In recent months, Binance has faced scrutiny from a variety of US regulators. As Bloomberg reported on Monday, the SEC has launched a probe into the BNB token. The US securities regulator is…

    SEC approves Valkyrie’s Bitcoin futures ETF, the second this year

    The US Securities and Exchange Commission (SEC) has approved Valkyrie’s futures exchange-traded fund (ETF) application. This is the second futures ETF approved by the SEC this year after Teucrium. However, spot ETFs seem unlikely to happen soon without more regulation, recent developments suggest. According to the SEC document published on May 5, the application was…

    SEC targets NFT market

    The US SEC seems to target the NFT market recently. The regulator has been involved in the crypto world to prevent scams, Ponzi methods, and other senseless investments. However, many crypto fans claim that SEC is extremist with its measures. NFT commerce made its debut in 2017 with the Ape monkey collection that promised to…

    Time for regulators. Part 2

    American regulators’ attitude to cryptocurrencies seems to swing back-and-forth like a pendulum. One minute they wish (and act) to ban everything crypto-related as competition to fiat money, the second – they “let go of the reins”. The current swing is towards strengthening government control.   The latest US infrastructure bill introduces the broadest possible characterization…

    Time for regulators. Part 1

    American regulators’ attitude to cryptocurrencies seems to swing back-and-forth like a pendulum. One minute they wish (and act) to ban everything crypto-related as competition to fiat money, the second – they “let go of the reins”. The current swing is towards strengthening government control. In a now typical for the US move, the signal initially…