Securities – Dec LM

Helium Issuer Nova Labs Agrees to Pay SEC 0K to Settle Allegations It Lied to Investors

Helium Issuer Nova Labs Agrees to Pay SEC $200K to Settle Allegations It Lied to Investors

Nova Labs, the parent company behind the Helium blockchain, has agreed to hisse the U.S. Securities and Exchange Commission (SEC) $200,000 to settle civil securities fraud charges the regulator...

New SEC Staff Statement Urges Detailed Crypto Token Disclosures

Crypto companies issuing or dealing with tokens that may be securities should provide detailed disclosures, the U.S. Securities and Exchange Commission (SEC) said on Thursday. The SEC published its...

DOJ Crypto Enforcement Memo Has No Bearing on Do Kwon’s Criminal Case, Prosecutors Say

NEW YORK, NY — A recent U.S. Department of Justice staff memo dismantling the DOJ’s crypto unit and narrowing the scope of its crypto-related enforcement priorities will have no...

Illinois to Drop Staking Lawsuit Against Coinbase

Illinois will soon drop its staking lawsuit against Coinbase, joining three other U.S. states that have recently backed down from litigation against the exchange. A spokesperson for Illinois Secretary...

SEC ‘Earnest’ About Finding Workable Crypto Policy, Commissioners Say at Roundtable

WASHINGTON, D.C. — The staff at the U.S. Securities and Exchange Commission has embraced the chance to finally work with the crypto industry to hash out policy for overseeing...

Tether Ranks Among Top Buyers of U.S. Treasuries in 2024, Firm Says

Tether, the crypto company behind the largest stablecoin USDT, said it would rank as the seventh largest net buyer of U.S. Treasury securities in 2024 among countries.The firm purchased...

As Congress Talks Up Its Earth-Shaking Crypto Bill, Regulators Are Already at Work

While the crypto sector's eyes are drawn to the policy fireworks in the White House and Congress, the financial agencies have been taking consequential bites out of the Biden...

SEC Agrees to Drop Enforcement Suit Against Cumberland DRW, Firm Says

The suit is the latest in a string of dropped enforcement cases by the SEC.

SEC Publishes Memecoin Stance Reinforcing Hester Peirce’s Comments

Memecoins aren’t securities, the agency said on Thursday.

SEC Dropping Coinbase Case Could Boost Robinhood Stock, Tokens Alleged as Securities

More tokens could be added to exchanges, increasing their trading revenue. This might also open the floodgates to crypto firms' IPOs in the U.S.