LMAX Digital, a pioneer in the institutional adoption of cryptos and an integral part of the LMAX Group, is celebrating its fifth year of operation. Since its launch in 2018, LMAX Digital has set new standards in the digital assets ecosystem and emerged as the fastest-growing exchange within the LMAX Group, trading $1 trillion in […]
Tag: STO
Swift to Test Tokenized Asset Transactions with Major Banks
Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. The Society for Worldwide Interbank Financial Telecommunication (SWIFT) said in a press release on June 6th that it would work with major banks and financial institutions to test how its vast infrastructure can transfer […]
Argo Blockchain Notes 16% Uptick in Bitcoin Production in May 2023
Argo Blockchain plc, a major player in the global cryptocurrency mining sector, has provided an operational update for May 2023, showing a rising number of produced cryptocurrencies. The company, listed on both the London Stock Exchange (LSE: ARB) and NASDAQ (ARBK), showcased a significant uptick in its Bitcoin (BTC) mining operations. Argo Blockchain Reports Higher […]
Bitcoin Rises Back Above $27,000 a Day After SEC Sues Binance
Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. Quickly after it was announced on Monday that the Securities and Exchange Commission filed a major lawsuit against Binance, most cryptocurrencies and digital assets-related stocks declined sharply. While Thursday brought another complaint—the one against […]
California Issues Desist Order against Coinbase amidst SEC Lawsuit
Coinbase’s regulatory troubles worsened on Tuesday as California’s Department of Financial Protection and Innovation ordered Coinbase to ‘desist and refrain’ from offering its crypto staking programme to residents in the state. The state watchdog noted that the exchange has been offering the service without prior permission and in violation of state laws. According to the […]
How Has BNB Fared as Markets Have Had Time to Digest Binance vs. SEC?
The crypto market took a tumble on Monday, which is continuing today after the US Securities and Exchange Commission (SEC) sued the world’s largest crypto exchange Binance for allegedly running an illegal operation in the US. As the price of Bitcoin dropped under $25,500 and Ether below $1,800, BNB lost more than 11% of its […]
Allegations and Outflows – Will Binance Survive the SEC?
Less than a week in to June, and it has already proven to be a tumultuous month for the digital asset sector. While there have been a few bumps in the road experienced by service providers like Atomic Wallet, it is Binance that hit the largest pothole when the Securities and Exchange Commission (SEC) announced […]
Markets Startled Following SEC Legal Actions Against Binance and Coinbase
The US Securities and Exchange Commission said on Tuesday that Coinbase has been running “an unregistered exchange, broker, and clearing agency” since 2019. The domestic markets regulator also faulted the exchange for “the unregistered offer and sale of securities in connection with its staking-as-a-service program.” The latest enforcement action from the SEC comes barely 24 […]
After Binance, SEC Sues Coinbase over Illegal Operation of Crypto Exchange
The Securities and Exchange Commission (SEC) has charged Coinbase, the largest cryptocurrency exchange in the United States, with operating an illegal trading platform that offered unregistered crypto asset securities. The securities watchdog also accused the platform of running a digital asset staking-as-a-service programme without authorization. Today we charged Coinbase, Inc. with operating its crypto asset […]
SEC Charges Coinbase with Securities Violations 24 Hours After Doing the Same with Binance
Only a day after charging Binance with a litany of securities violations, the SEC has now announced that it intends on holding Coinbase to task as well. In a June 6th press release, the SEC states that is has, “…charged Coinbase, Inc. with operating its crypto asset trading platform as an unregistered national securities exchange, […]
