securities laws

Binance's U.S. affiliate, Binance.US, has reportedly conducted a series of layoffs following recent regulatory charges and asset freeze requests by the Securities and Exchange Commission (SEC). Quoting sources, Reuters reported that around 50 people have been laid off, with the affected...

Singapore-based cryptocurrency exchange Crypto.com announced on Friday its decision to suspend services for institutional clients in the U.S. beginning June 21. The suspension is attributed to subdued demand among institutional clients, which has been further exacerbated by the...

Venture capital firm Paradigm filed an amicus brief in support of Coinbase Global Inc.'s (NASDAQ: COIN) ongoing lawsuit against the U.S. Securities and Exchange Commission (SEC). The lawsuit aims to compel the SEC to respond to Coinbase's rulemaking petition, which seeks practical...

A U.S. court has ordered the Securities and Exchange Commission (SEC) to address Coinbase Global Inc's (NASDAQ: COIN) concerns over applying securities laws to digital assets. The Third Circuit Court of Appeals mandated a 10-day window for the SEC to respond, with Coinbase having seven days to...

The U.S. Securities and Exchange Commission (SEC) charged crypto platform Beaxy and its executives for violating securities laws by not registering as a broker, exchange or clearing agency. Beaxy founder Artak Hamazaspyan and Beaxy Digital Ltd. were also charged for raising $8 million through an...