.SECGov is reportedly investigating whether BNB is an unregistered security
The regulatory watchdog wants to determine whether or not the most popular exchange token is an unregistered security.Binance held its initial coin offering back in July 2017. The exchange raised a total of $15 million.
The probe is yet to reach any conclusion, according to the report. The regulator may not end up taking legal action against the exchange. BNB, which experienced immense growth in 2021, remains the fifth-biggest cryptocurrency by market capitalization. The coin is currently trading at $293 after slipping 4.66% on the news.to court over allegedly illegal XRP sales. The resolution of the high-stakes case is expected to have significant ramifications for the entire industry.
Last September, the Wall Street Journal reported that the agency had started investigating DeFi kingpin Uniswap.
Österreich Neuesten Nachrichten, Österreich Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
SEC is investigating Binance's BNB token: BloombergThe Securities and Exchange Commission (SEC) is investigating whether Binance's BNB token was a security at the time of its sale in 2017, according to Bloomberg.
Weiterlesen »
Price analysis 6/6: BTC, ETH, BNB, XRP, ADA, SOL, DOGE, DOT, AVAX, SHIBA daily close above $32,700 would signal a possible early trend change for Bitcoin and altcoins, but current trade volumes signal that it’s an unlikely outcome.
Weiterlesen »
BTC, ADA and BNB Price Analysis for June 5Can BTC or BNB show the same growth as ADA? Dave_Jonez_02 BNB Pain_Alive_BNB Binance_DEX BinanceResearch CardanoStiftung ADAcoin_ Cardano cardano Cardano_ emurgo_io
Weiterlesen »
SEC Accused of Mocking Retail Investors with Ads Warning about Crypto and Meme Stocks | CoinMarketCapAlthough the ads have gained hundreds of thousands of views on YouTube, reaction hasn't been universally positive — with a former SEC branch chief among the critics.
Weiterlesen »
WSJ News Exclusive | SEC Closes In on Rules That Could Reshape How Stock Market OperatesThe agency’s chairman, Gary Gensler, is expected to outline ideas for improving market efficiency and how investor orders are handled in a speech Wednesday.
Weiterlesen »
Podcast: Bitcoin's Losing Streak Over... and is the SEC Mocking Everyday Investors? | CoinMarketCapOn today's podcast with ConnorSephton — could Coinbase's hiring freeze put people off working in the crypto sector altogether?
Weiterlesen »