Binance was one of the seven cryptocurrency exchanges that received a warning letter from the Securities and Futures Commission telling firms not to
trade digital assets defined as securities under Hong Kong law.
Not exact matches
The new law
defines virtual currencies as «
asset - like values,» allowing
digital money to be used not only to buy goods and services but also as an alternative for legal tender through purchases and
trades.
«If a platform offers
trading of digital assets that are securities and operates as an «exchange,» as defined by the federal securities laws, then the platform must register with the SEC as a national securities exchange or be exempt from registration,» the commission said in its «Statement on Potentially Unlawful Online Platforms for Trading Digital Assets.
trading of
digital assets that are securities and operates as an «exchange,» as defined by the federal securities laws, then the platform must register with the SEC as a national securities exchange or be exempt from registration,» the commission said in its «Statement on Potentially Unlawful Online Platforms for Trading Digital Assets.
digital assets that are securities and operates as an «exchange,» as defined by the federal securities laws, then the platform must register with the SEC as a national securities exchange or be exempt from registration,» the commission said in its «Statement on Potentially Unlawful Online Platforms for Trading Digital Assets.&
assets that are securities and operates as an «exchange,» as
defined by the federal securities laws, then the platform must register with the SEC as a national securities exchange or be exempt from registration,» the commission said in its «Statement on Potentially Unlawful Online Platforms for
Trading Digital Assets.
Trading Digital Assets.
Digital Assets.&
Assets.»
The statement from SEC, said, «If a platform offers
trading of
digital assets that are securities and operates as an «exchange,» as
defined by the federal securities laws, then the platform must register with the SEC as a national securities exchange or be exempt from registration.»
3 / SEC: «If a platform offers
trading of
digital assets that are securities and operates as an «exchange,» as
defined by the federal securities laws, then the platform must register with the SEC as a national securities exchange or be exempt from registration.»
This just heightens the point that
digital currency offerings all need clearly
defined rules for issuers to follow, and for crypto exchanges to operate and
trade these
digital assets.
On Jan. 25, Russian authorities presented the
Digital Assets Regulation Bill, which
defines and establishes a regulatory system for cryptocurrencies, ICOs, mining and
trading.
The Ministry of Finance of the Russian Federation (Minfin) has presented the
Digital Assets Regulation Bill which
defines and establishes a regulatory system for cryptocurrencies, ICOs, mining and
trading, local media outlet TASS news agency reported today Jan. 25.