Securities
Crypto Doesn't Need More Guidance, SEC Chair Gensler Says
The Securities and Exchange Commission chief said the regulatory agency’s existing rules provide a clear roadmap for crypto companies, despite what they want.
With Crypto’s Blowups, TradFi Boasts Its Legal Rigor
Standard-setters say existing rules for lending traditional securities should apply to crypto, too.
Celsius Says $70M Cash Relief Will Bolster Efforts to Survive 2022; Thailand Toughens Crypto Ad Rules
Crypto lender Celsius Network said a freshly-found $70 million pile of cash would likely help the firm continue operating through the end of 2022. Plus, Thailand is enforcing tougher rules governing crypto advertising, according to an official notice from the country's securities regulator.
Australian CBDC Research Project Could Provide Crypto Clarity, Legal Expert Says
Michael Bacina, partner at law firm Piper Alderman, joined CoinDesk TV's "First Mover" to discuss why the country is the prime location to test asset digitization.
As SEC Leans on Enforcement to Regulate, Crypto Lawyers Study Every Word
The industry’s legal advisers are trying to reverse-engineer the text of recent enforcement actions to divine the agency's thinking.
Kraken CEO Condemns Tornado Cash US Sanctions
Jesse Powell, CEO of crypto exchange Kraken, has criticized the U.S. Treasury department's blacklisting of crypto mixer Tornado Cash, saying it's "unconstitutional." "The Hash" team digs into Powell's comments and the potential limits of outdated U.S. securities law.
SEC Files Complaint Against Dragonchain for Unregistered Initial Coin Offering
The complaint alleges the blockchain startup failed to register more than $16 million in crypto asset securities.
Coinbase Exchange Faces SEC Probe Over Crypto Yield, Staking Products
The company told investors it has received "investigative subpoenas" from the Securities and Exchange Commission.
Bye-bye Brokers: EU Tries Stock Trading, the Web3 Way
A new European trial of blockchain-based securities trading is a “very good thing” for crypto fans, CoinDesk was told – but some worry it’s overcautious and rigid.
What’s at Stake: Will the Merge Turn Ether Into a Security?
A Georgetown Law professor sounds an alarm on how proof-of-stake makes it easier for ether to meet the Howey Test.
