BoE and FCA launch Digital Securities Sandbox to explore DLT
The DSS has the “potential to improve efficiency and reduce costs” in financial markets The sandbox will boost the UK’s position as a “vibrant financial centre” The DSS will operate…
SEC charges Abra for offering unregistered crypto securities
SEC has charged Abra with securities violations related to the crypto platform’s Abra Earn program. The regulator previously charged Genesis and Gemini crypto exchange over securities violations related to Gemini…
Hong Kong’s largest online broker Futu Securities launches Bitcoin and Ethereum trading
Futu Securities launches Bitcoin and Ethereum trading in Hong Kong with zero fees. New users can receive incentives like Bitcoin or shares of Alibaba and Nvidia. Futu seeks a crypto…
SEC withdraws claims that ADA, MATIC, and SOL are securities in its Binance lawsuit
SEC retracts request to classify ADA, MATIC, and SOL as securities in Binance suit. Affected tokens include ADA, MATIC, SOL, BNB, BUSD, and others. The shift in SEC’s stance follows…
French securities regulator, AMF, issues warning on Bybit
The AMF has blacklisted Bybit since May 2022 due to regulatory infractions. French investors urged to prepare for potential service halt. Besides France, Bybit faces global scrutiny and it has…
Bakkt gets approval for $150M securities sale
Bakkt announced that its Form S-3 for a shelf registration is now effective after SEC approval. The crypto firm can raise $150 million from securitities sales over three years. In…
Judge rules Terraform Labs violated rules: LUNA and MIR deemed securities
Federal Judge Rakoff rules $LUNA and $MIR as securities, finding Terraform Labs violated U.S. laws. SEC trial, scheduled Jan 29, 2024, centres on Terra’s UST stablecoin collapse and $25M alleged…
On-chain debt securities marketplace Obligate launches on Base
On-chain debt securities marketplace Obligate launches on Base Obligate is a Swiss-regulated on-chain bonds platform, while Base is an Ethereum layer-2 scaling platform launched by Coinbase. Deployment on Base will…
Osaka Digital Exchange introduces Japan’s first digital securities trading platform
The new digital securities platform is known as Start. Start’s operations are scheduled to commence on December 25. The platform will start with a $20 million real estate securities issuance…
Crypto firm LBRY files to challenge ruling it violated US Securities Law
The SEC filed a lawsuit in a New Hampshire court arguing that LBRY’s LBC tokens were tokens and not cryptocurrencies. The SEC won a case in November 2022 and LBRY…