Cryptos, secondary BNB sales not securities: Federal court rules in Binance vs SEC case
In a major win for the crypto industry, a federal court ruled that crypto tokens are not securities.
Related Posts
Hubii’s Nahmii Announces IEO and First Member of Governing Board
Ethereum-based layer-two blockchain scaling platform nahmii has onboarded the Norwegian Block Exchange (NBX) as the first member of its governing association, according to a press release shared with Cointelegraph on Aug. 16.Created by Hubii, nahmii is designed to solve the transaction speed issue on the Ethereum network, which can reportedly manage only 15 transactions per…
Spain’s Securities Regulator Says It Has Not Authorized Any Entities to Operate ICOs
The Spanish National Securities Market Commission (CNMV) has affirmed that it has not authorized any entity to operate an initial coin offering (ICO) with the agency’s official sanction. The news was reported by Cointelegraph en Español on March 27.The regulator issued an official announcement on March 26, which underscored that the agency had to date…
Google searches for ‘Ethereum’ hit all-time high
Not many crypto search terms have come close to their peaks in spite of the new bull market, but Ethereum is a notable exception. 7165 Total views 27 Total shares More people are searching for the word “Ethereum” now than ever before in its history. Google Trends reveals that the number of Google searches currently being…
Thai Police Arrest Suspect in $24 Million Bitcoin Scam
Thai police have detained 27-year old actor Jiratpisit "Boom" Jaravijit in an alleged $24 million cryptocurrency scam, Bangkok Post reported August 9. Jiratpisit is reportedly one of the seven suspects in the alleged crime, including his older brother and sister. On July 26, the Criminal Court awarded a warrant for his arrest following a complaint…
State pension plans can adopt crypto more easily than private plans
Pension funds often feature smaller alternative asset allocations and deep liquidity to mitigate risk, Allie Itami told Cointelegraph.
India ponders Bitcoin tax law to target $5B market
India’s government could levy taxes on Bitcoin trading despite the lack of legal clarity for the country’s crypto space. 1585 Total views 11 Total shares India’s finance ministry has called for the enactment of Bitcoin (BTC) tax laws in the country. According to the Times of India, the ministry’s Central Economic Intelligence Bureau, or CEIB,…
FinCEN acting director says PATRIOT Act provision isn’t ‘right sized’ for crypto enforcement
Him Das said FinCEN’s current authority under the PATRIOT Act would likely not stop actors from engaging in illicit transactions for ransomware attacks and darknet markets. 211 Total views 29 Total shares Him Das, the acting director of the United States Financial Crimes Enforcement Network, or FinCEN, said some of the government bureau’s tools to…
Bitcoin’s realized cap is now $43 billion above the 2017 all-time high
Bitcoin’s realized capitalization has soared above its 2017 record high, but Ethereum’s has struggled to reclaim its former highs Crypto market data aggregator Glassnode has published data indicating that Bitcoin’s (BTC) realized capitalization has increased by more than 50% since tagging its all-time high of $20,000 at the end of 2017.The realized capitalization metric measures…