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SEC issues an investment warning on crypto assets

In a recent SEC filing, investors were warned of the dangers associated with crypto assets. The notice was issued only one day after the regulator had served Coinbase with a Wells Notice. The agency’s Office of investors education and advocacy warned the public that cryptocurrency trading platforms might not comply with federal securities legislation. The regulatory body […]
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CFTC issues warning on ‘self-certifying’ crypto products

A US Commodity Futures Trading Commission (CFTC) senior official plans to issue a warning against letting cryptocurrency exchanges self-certify and list products without prior oversight. The CFTC has always allowed exchanges to certify its other listings, such as commodities. Notably, lawmakers were considering a similar process as part of the proposed crypto legislation agreed upon […]
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