securities

  • What is the Global Coin Stock Consensus Fund (xmz Global Coin Stock Consensus Foundation)?

    What is the Global Coin Stock Consensus Fund? According to official sources, th

    08/15/2023
    86
  • Coinbase CEO Brian Armstrong Shares Gary Gensler’s Speech on Crypto Regulation

    On April 26th, Brian Armstrong, CEO of Coinbase, forwarded encrypted KOL @ ZK_ Shark tweet, featuring a speech by Gary Gensler, the current chairman of the US Securities and Exchan

    04/26/2023
    73
  • Revocation of Charges by Terra Co-founder, Do Kwon, Against SEC

    According to reports, according to a legal document, Terra co founder Do Kwon has requested the revocation of the charges filed against him by the US Securities and Exchange Commis

    04/25/2023
    76
  • Is Dogecoin a Security? The Opinion of Marshall Hayner

    On April 22nd, it was reported that Marshall Hayner, a director of the Dog Coin Foundation, refuted the view that Dogecoin (DOGE) belongs to securities in the latest interview with

    04/22/2023
    141
  • Blockchain Technology: A Promising Prospect in Asset Transaction Recording

    According to reports, Federal Reserve Governor Waller stated in today\’s speech that the potential application of blockchain technology in recording traditional asset transactions s

    04/21/2023
    69
  • Federal Reserve Rethinking Loophole in Covering Up Losses on Securities Held by Banks in Silicon Valley: An Overview

    According to reports, the Wall Street Journal stated that the Federal Reserve is rethinking the loophole in covering up losses on securities held by banks in Silicon Valley; There

    04/21/2023
    61
  • Taylor Swift Withdraws from FTX Endorsement: What We Know So Far

    On April 19th, it was announced that famous singer Taylor Swift had previously withdrawn from FTX\’s $100 million endorsement sponsorship agreement. The lawyer who sued other celebr

    04/19/2023
    66
  • Gary Gensler Confirms That He Does Not Own Any Cryptocurrency Or Digital Assets

    On April 19th, Gary Gensler, Chairman of the Securities and Exchange Commission (SEC), stated at a hearing on April 18th that he had never owned any cryptocurrency or digital asset

    04/19/2023
    99
  • #Is Cryptocurrency a Security? SEC Chairman Gary Gensler’s Testimony Raises More Questions

    On April 19th, according to a tweet from Twitter user @ JinzeJiang0x0, US SEC Chairman Gary Gensler stated in a pre released testimony during today\’s House hearing that \”nothing in

    04/19/2023
    83
  • Crypto Assets: Investor Advisory Committee’s Opinion on Regulation

    On April 11th, the US Securities and Exchange Commission (SEC) Investor Advisory Committee (IAC) submitted its opinion on the regulation of cryptoassets to the SEC on Thursday. The

    04/11/2023
    63
  • The Collaboration Between BlackRock and the US Government to Sell $114 Billion Securities

    According to reports, BlackRock, the world\’s largest asset management company, is collaborating with the US government to sell $114 billion worth of securities linked to the collap

    04/07/2023
    113
  • #Kenyan Parliament Discusses Bill to Incorporate Blockchain and Encrypted Assets

    According to reports, the Kenyan parliament will discuss a bill proposing to include blockchain and encrypted assets within the jurisdiction of the Capital Markets Authority. The b

    04/04/2023
    66
  • The Federal Reserve’s Balance Sheet Shrinks: What Does It Mean?

    On April 3, according to the latest data on the official website of the Federal Reserve, as of March 28, the size of the Federal Reserve\’s balance sheet was $8706 trillion, a decre

    04/03/2023
    66
  • Ripple’s General Counsel Denies Prejudging Cryptocurrencies as Securities

    According to reports, Stuart Alderoty, the general counsel of Ripple Corporation, said that after being accused of publicly prejudging each cryptocurrency as a security, it is sudd

    04/02/2023
    67
  • #The Ripple vs. SEC Lawsuit: An Overview and Future Implications

    On April 2, it was reported that the lawsuit against Ripple by the Securities and Exchange Commission (SEC) had not been decided by a judge, so the case was not closed on March 31

    04/02/2023
    67
  • #Is Ether a Commodity or Security? The Controversy Continues#

    According to reports, Rostin Behnam, Chairman of the United States Commodity Futures Trading Commission (CFTC), reiterated at a congressional hearing on Tuesday that he believes th

    03/29/2023
    66
  • The lawyer believes that the insider trading of the former manager of Coinbase is a telecommunications fraud rather than a securities fraud

    According to reports, Ishan Wahi, a former manager of Coinbase, admitted to illegally making nearly $1.5 million by providing trading information to his brother and a college frien

    03/27/2023
    70
  • The CFTC lawsuit: Digital assets recognized as commodities, not securities.

    According to reports, according to a lawsuit issued by the United States Commodity Futures Trading Commission (CFTC), it is mentioned in the document that digital assets such as Bi

    03/27/2023
    68
  • Federal Reserve’s Balance Sheet Expanded by $100 Billion to $8.78 Trillion

    According to reports, the size of the Federal Reserve\’s balance sheet has expanded by approximately $100 billion to $8.78 trillion compared to last week.
    The size of the Federal Re

    03/24/2023
    75
  • Coinbase’s Letter to SEC Explained: Why Core Pledge Services Are Not Securities

    On March 21st, Paul Grewal, Chief Legal Officer of Coinbase, said on Twitter that today, Coinbase submitted a comment letter to our July 2022 SEC rulemaking petition. We explained

    03/21/2023
    114
  • US Regulators Consider Holding Securities of Two Banks Below Purchase Price

    According to reports, US regulators are considering holding securities under the names of Signature Bank and Silicon Valley Bank that have fallen below their purchase price, a move that will remove one of the possible obstacles to selling these two banks. According to people familiar with the matter, this is a routine practice after the Federal Deposit Insurance Corporation (FDIC) took over the bank, mainly facilitating the conclusion of acquisition transactions. Because if it involves assets with declining value, it will be more difficult to sell the relevant banks. People familiar with the matter said that the relevant asset size of Signature may be between $20 billion and $50 billion, and that of Silicon Valley banks may be between $60 billion and $120 billion. Both Silicon Valley banks and Signature have invested in bonds at low interest rates, and the value of these bonds has plummeted as the Federal Reserve has raised interest rates several times over the past year…

    03/18/2023
    70
  • SEC Chairman Considers Mortgage Agreement Tokens as Securities

    According to reports, Gary Gensler, chairman of the Securities and Exchange Commission, advised reporters on Wednesday that tokens using mortgage agreements can be considered securities under U.S. law. Gensler said, “The investing public is investing in expected returns, expecting something from these tokens, regardless of whether they are proof of equity tokens. They also want to receive returns from these proof of equity tokens and receive returns of 2%, 4%, and 18%.” SEC Chairman: Tokens using mortgage agreements can be considered securities Analysis based on this information:In recent news, Gary Gensler, the chairman of the Securities and Exchange Commission (SEC), mentioned that tokens using mortgage agreements can be classified as securities under the United States law. This statement was given to reporters on Wednesday during a press conference. Gensler argued that investors who put money into tokens based on mortgage agreements do it with the expectation of getting some returns, regardless of whether they are proof of equity tokens. This…

    03/16/2023
    66
  • Roblox Unable to Withdraw Funds Due to Collapse of Silicon Valley Bank, but Daily Operations Remain Unaffected

    According to reports, the meta universe gaming platform Roblox announced that they were unable to successfully withdraw $150 million of company funds before the collapse of the Silicon Valley bank. However, Roblox stated that as of February 28, 2023, only about 5% of Roblox Corporation’s total $3 billion in cash and securities balances were held by Silicon Valley banks. Therefore, regardless of the final outcome and processing time, this situation at Silicon Valley banks will not affect the daily operations of the company. According to the latest news, due to the intervention measures taken by the US government to protect depositors’ accounts, Roblox will be able to recover all of its US $150 million corporate funds held in Silicon Valley banks in the future. Its recent stock price has risen by 10% compared to last Friday. (Nftevening) Roblox: Failed to successfully withdraw $150 million of corporate funds before the collapse of the Silicon Valley bank Analysis based on this information:Roblox,…

    03/15/2023
    76
  • Coinbase: Cryptocurrency on Our Platform are not Securities

    It is reported that according to the latest amicus curiae briefing submitted by Coinbase, the cryptocurrency exchange claimed that the cryptocurrency on its platform was not securities, and that Coinbase would also be willing to list securities products if the United States Securities and Exchange Commission gave appropriate guidance and regulations. Coinbase wrote in the briefing: “The United States Securities and Exchange Commission believes that digital assets are qualified as securities because they belong to investment contracts, but for encrypted assets, the legal term lacks two basic attributes. They are neither contracts nor investments.” (coindesk) Coinbase: If the SEC makes rules, it is willing to list securities Analysis based on this information:Coinbase, one of the largest cryptocurrency exchanges in the world, has submitted an amicus curiae briefing to the United States Securities and Exchange Commission (SEC), claiming that the cryptocurrency on its platform are not securities. The briefing also suggested that Coinbase would be interested in listing securities products in…

    03/14/2023
    61
  • Coinbase CLO Pushes for Online Securities while Highlighting Regulatory Challenges

    On March 14, Paul Grewal, chief legal officer of Coinbase, tweeted: “Coinbase has no online securities, but we want to go online. Last year, we even requested the United States Securities and Exchange Commission (SEC) We began to formulate rules on this issue and put forward 50 questions, but we did not receive any reply. Instead of focusing on practical and durable solutions such as rulemaking or registration options, regulators have given priority to such actions that distort the legal definition of investment contracts beyond recognition. The rule of law is very important. The Ministry of Justice admitted this when accusing our former employees and their associates of wire transfer fraud rather than securities fraud. This is reasonable. The reason is simple. The assets involved are not securities. “ Financial officer of Coinbase: The regulatory authority did not focus on practical and durable solutions such as rulemaking or registration options Analysis based on this information:In a recent tweet, Paul Grewal,…

    03/14/2023
    77
  • Federal Reserve Launches Bank Term Financing Plan to Provide Additional Liquidity

    It is reported that the Federal Reserve said that the new financing plan will be provided through the creation of a new Bank Term Financing Plan (BTFP), which will provide banks, savings associations, credit cooperatives and other qualified depository institutions with loans of up to one year, with US treasury bond bonds, institutional debt and mortgage-backed securities and other qualified assets as collateral. These assets will be valued at face value. BTFP will become an additional source of liquidity for high-quality securities, eliminating the need for institutions to sell these securities quickly in times of pressure. Federal Reserve: provide loans to banks, savings associations, credit cooperatives and other qualified depository institutions for up to one year Analysis based on this information:The Federal Reserve has announced the launch of a new financing plan called the Bank Term Financing Plan (BTFP) that aims to provide additional liquidity to high-quality securities. The plan will benefit banks, savings associations, credit cooperatives, and other qualified…

    03/13/2023
    72