US SEC sues Binance and CZ, claiming many cryptocurrency stocks as securities

SEC also sues Binance The U.S. Securities and Exchange Commission (SEC) announced today that it has filed a lawsuit against major cryptocurrency exchange Binance and its CEO Changpong Zhao (CZ). The SEC has sued Binance and others on 13 charges, including offering unregistered securities. The lawsuit also includes its US division, Binance US. Binance, meanwhile, […]

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Gary Gensler on crypto regulations: ‘there’s been clarity for years’

SEC sued Coinbase for violating U.S. securities laws today. Chair Gary Gensler discussed on CNBC’s “Squawk on the Street”. Coinbase stock opened nearly 20% down on Tuesday. Coinbase Global Inc opened nearly 20% down on Tuesday after the SEC sued the crypto exchange for violating the U.S. securities laws. Gensler discussed the lawsuit on CNBC […]

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