Laurence White’s Post

🔔 Regulatory Spotlight: The U.S. Securities and Exchange Commission (SEC) is taking decisive action against Coinbase, accusing it of operating as an unregistered exchange. This case underscores the growing urgency for clear regulatory frameworks in the crypto industry. The SEC's allegations highlight the contention that many digital assets should be treated as securities, much like stocks and bonds. However, companies like Coinbase have contested this approach, emphasizing that crypto assets are fundamentally distinct and should not be subjected to the same regulatory burdens. What's important to remember is that regulation isn't always a hurdle. Instead, it could mean recognition and eventual integration into traditional financial systems. This case may very well be a turning point in setting the tone for the future of digital asset regulation. Read more about the SEC vs Coinbase case here: https://lnkd.in/gmqysxX8 #Crypto #Regulation #Coinbase #SEC

Crypto Clash: SEC Flags Titan Capital Over Deceptive Claims The Securities and Exchange Commission (SEC) has levelled charges against Titan Global Capital Management for advertising and compliance breaches. The New York-based fintech investment manager had allegedly posted deceptive statements on its website regarding "hypothetical performance," contrary to the SEC's updated marketing rule from December 2020. Furthermore, despite Titan's claim of a potential 2,700% annual return for its Titan Crypto product, the SEC identified a lack of proper employee trading practices in the company until October 2022 and unclear statements about cryptocurrency asset custody and other policies. In response, Titan has agreed to a cease-and-desist order, censure, and penalties, including a $850,000 fine to compensate impacted clients and disgorging $192,454 of improperly acquired gains plus interest. 🎤 OPINION: The SEC's action against Titan underscores the urgency of ensuring transparency and adherence to regulatory guidelines, especially in the rapidly-evolving crypto sector. #cryptocurrency #securitiesandexchangecommission #blockchain #law #fintech

In December 2020, the U.S. Securities and Exchange Commission (SEC) filed a lawsuit against Ripple Labs Inc., the company behind the cryptocurrency XRP, alleging that the sale of XRP was an unregistered securities offering. The outcome of this case was closely watched by the crypto community and had potential implications for the regulatory environment surrounding cryptocurrencies. If the SEC's lawsuit were to be successful, it could have had significant consequences for Ripple and XRP, as well as for other cryptocurrencies that may have faced similar regulatory scrutiny. Conversely, if Ripple were to win the case, it might be seen as a precedent in favor of cryptocurrencies, potentially boosting investor confidence and the overall crypto market sentiment. https://lnkd.in/dknTyXQp

With its latest suits against Binance and Coinbase, the SEC now labels at least 67 cryptocurrencies as securities, affecting over $100 billion worth of tokens on the market. The total number of cryptocurrencies the United States securities regulator has accused to be a “security” has now reached an estimated 67, after adding a few more from its lawsuit against crypto exchanges Binance and Coinbase. The 67 cryptocurrencies accused of being a “security” comes from years of various litigation undertaken by the Securities and Exchange Commission, which has outlined what cryptocurrencies it deems securities. Share your thoughts with us!? Follow-Markelitics - Recognized Fintech International Magazine  Check us out on instagram- https://lnkd.in/dyAji3W9 Daily updates on our website- https://markelitics.com/ #investment #trading #crypto #bitcoin #dailynews #financeupdate #markeltics #markeliticsnews #markeliticsinterviews #markelitics #seclawsuit

Gain insights from Sher Malhi, our Group Chief Financial Officer, as he sheds light on how Phoenix Group upholds regulatory compliance and transparency in our cryptocurrency operations. Learn how we prioritize integrity and trust in everything we do! #PhoenixGroup #Crypto #Regulation #Transparency

“The Securities and Exchange Commission sued Coinbase Global Inc. (COIN) in federal court in New York on Tuesday, alleging the crypto firm broke US securities rules (failed to register as an exchange).” After suing the world’s largest crypto exchange Binance and its CEO yesterday, also for breaking SEC rules Crypto under pressure #crypto #cryptocurrencies #binance #coinbase #bitcoin #fiatcurrency #coin #sec #markets

As we approach the fourth Bitcoin 'halving', Jack Igglesden, Associate Advocate at DQ Advocates and Legal Counsel at CoinCorner, explores the significance of the halving, including a look at historical patterns and the potential ramifications for investors and digital asset markets 📈 🔗 Read the article here: https://lnkd.in/eJX2Eed5 #Bitcoin #BitcoinHalving #DigitalAssets #IsleOfMan