SEC investigates Coinbase over unregistered security tokens

SEC investigates Coinbase over unregistered security tokens

The US-based crypto exchange Coinbase has earlier asked the SEC to create rules that work for digital asset values. Bloomberg reported Monday that the US Securities and Exchange Commission has reportedly launched an investigation to find out whether cryptocurrency exchange Coinbase allowed Americans to trade digital assets that should have been registered as securities. SEC…

US Congressman Brad Sherman calls XRP security, urges prosecution against exchanges too

US Congressman Brad Sherman calls XRP security, urges prosecution against exchanges too

During a Congressional subcommittee oversight hearing today, US Congressman Brad Sherman said that Ripple (XRP) is security and illegal; a similar argument was exerted by the Securities and Exchange Commission (SEC). On this note, Sherman wants SEC to pursue legal actions against cryptocurrency exchanges that supported the trading of XRP.  Brad Sherman calls for legal…

Reserve Bank of India is still keen on banning crypto

Reserve Bank of India is still keen on banning crypto

India’s Finance Minister Nirmala Sitharaman told the Lok Sabha on Monday that the RBI is of the view of banning cryptocurrencies. The Finance Minister of India, Nirmala Sitharaman, told the Lok Sabha on Monday that the Reserve Bank of India is eager to ban cryptocurrencies. She responded to a question by VCK MP Thol Thirumavalavan,…