Binance.US Chief Risk Officer And Legal Head Step Down
Binance exchange US leadership shake-up as Krishna Juvvadi and Sidney Majalya step down amidst SEC scrutiny. Just days after Binance’s departure. Following the release of US CEO Brian Shroder, the cryptocurrency exchange experienced another significant leadership change. Head of Legal Krishna Juvvadi and Chief Risk Officer Sidney Majalya are leaving. In addition to Juvvadi’s legal […]
SEC Charges Podcaster in First Unregistered NFT Securities Case
Impact Theory, known for entertainment and educational podcasts, aimed to create a new Disney and offered NFT to investors. The Securities and Exchange Commission (SEC) of the United States has charged a media and entertainment company with conducting unregistered securities transactions when it sold non-fungible tokens (NFTs) to investors between October and December 2021. Impact […]
SEC Adopt Rule Amendments Targeting Broker-Dealers
The SEC is targeting broker-dealers and private funds for greater supervision and transparency in the ever-changing securities landscape. Adopting rule amendments aimed at broker-dealers, the Securities and Exchange Commission (SEC) takes a bold step forward. Gary Gensler, chair of the SEC, stated, Some broker-dealers rely on outdated exemptions, creating a regulatory gap.” As a result, […]
XRP Dominates Altcoin Space Recovery; Whales Buy The Dips
XRP Whales took advantage of the recent price drop by accumulating a substantial amount over the past weekend. XRP has surpassed $0.50. After experiencing intense selling pressure last week and falling below $0.50, Ripple’s native cryptocurrency XRP displayed signs of a robust rebound over the weekend. At the time of publication, XRP is trading 1.68% […]
SEC Chair Hails AI as a Transformative Tech
Gary Gensler, chairman of the U.S. Securities and Exchange Commission, praised AI as a transformative technology subject to securities law. Gary Gensler, chairman of the U.S. Securities and Exchange Commission (SEC), highlighted the transformative potential of Artificial Intelligence (AI) in a recent statement. The SEC Chairman on Possible AI Regulation The Chair of the Securities […]