US SEC Propose New Rules for Securities-Based Swaps
The US SEC has issued a new set of regulations for all Securities-Based Swap platforms, which includes many cryptocurrency exchanges. The United States Securities and Exchange Commission (SEC) has been in the news recently, and today, the market regulator announced the introduction of new rules to prevent fraud on Securities-Based Swap (SBS) entities. In addition […]
Coinbase CEO to contest SEC Lawsuit In U.S. High Court
Coinbase’s CEO stated that he was prepared to defend the company in court, even if it meant moving to the US High Court. Brian Armstrong, CEO of Coinbase, defended the company against a lawsuit filed by the U.S. Securities and Exchange Commission (SEC) in back-to-back interviews conducted on a recent Wednesday. Armstrong argued that the […]
Bitget develops cryptocurrency trading tool with AI
Bitget, unveiled its Martingale AI trading bot, which employs artificial intelligence (AI) to assist users in trading cryptocurrencies. The Martingale AI method increases investments to recover losses and make profits after a market downturn. Users can automate their trades on Bitget by adjusting the risk level and investment frequency based on recommendations from the platform’s […]
Circle Receives Digital Token License in Singapore
Circle, the creator of the USDC stablecoin, is extending its reach in the Asian market with a new license to conduct business in Singapore. The Monetary Authority of Singapore (MAS), the country’s central bank, has granted Circle Singapore, affiliated with Circle Internet Financial, a Major Payment Institution (MPI) license. With the MPI license, Circle Singapore […]
Philippines Postpones Releasing Crypto Framework Guidelines
The Securities and Exchange Commission (SEC) has delayed the launch of the long-awaited crypto regulatory framework in the Philippines. Despite the wave of market failures in 2022, the country’s financial authority has decided not to rush the publication of the legal framework for the crypto industry. The regulatory authorities are still developing the criteria for […]