The Philippine Securities and Exchange Commission delayed the publishing of a crypto framework earlier this year citing the FTX collapse in late 2022 as the reason.
Top blockchain and crypto news: U.S. lawmakers berate SEC over ETF applications. NFTs down but not dead. Hong Kong sees year’s biggest crypto heist so far.
Toncoin led losses among top 10 cryptos. Bitcoin dropped while Ether rose marginally.
With winds in its legal sails, crypto is now poised to evolve into a complete economy with its own financial products and capital markets. The question is when.
Top blockchain and crypto news: U.S. SEC steps up regulatory enforcement. Gaming giant Zynga moves into NFTs. Woes ahead for JPEX exchange after HK arrests.
The U.S. SEC will expand its regulatory enforcement onto crypto exchanges, intermediaries and decentralized finance (DeFi) entities.
Solana led gainers in the top 10 cryptocurrencies by market capitalization, recovering from a two-month low. Bitcoin and Ether rose during afternoon trading in Asia along with most cryptos. Market experts said that the continued entrance of large institutions could provide the crypto industry more legitimacy and price stability. See related article: Weekly Market Wrap:…
A U.S. federal judge has denied the U.S. Securities and Exchange Commission immediate access to Binance.US’ software, in response to the regulator’s motion demanding more detailed information from Binance and greater availability of its executives for depositions.
Billed as Asia’s largest crypto event, Token 2049 took place over Sept. 13-14 in the Southeast Asian city-state of Singapore. Drawing over 10,000 attendees from all parts of the world, there was excitement about blockchain adoption in the region. But repeat references to one man were a reminder of the U.S. regulatory concerns weighing heavily…
NFT markets fear more enforcement action may be heading their way, while NFT offerings as securities fail to convince the SEC.