Binance has not sold either bitcoin or Binance Coin, CEO says

Вопросы и ответыРубрика: Административное правоBinance has not sold either bitcoin or Binance Coin, CEO says
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Ramon Amey спросил 3 месяца назад

The agency has brought more than 130 crypto lawsuits and settlements to date, according to data from consultancy Cornerstone Research and the SEC website, and in several of those cases has named specific tokens as securities. The SEC’s classification is likely to hit investment interest for the blockchains underlying tokens like solana and cardano, both notable chains for developing decentralized finance and other applications, market players say. Last week, Binance was sued by the U.S. Securities and Exchange Commission, which listed 13 charges against the company, Zhao and the operator of its purportedly independent U.S. This month the SEC sued Binance, the largest crypto platform, and Coinbase, the largest U.S. crypto platform, saying they operated as exchanges without registering with the agency. (Reporting by Jonathan Stempel in New York; editing by Jonathan Oatis) The biggest mistake which most of the traders make during any order type is usually taking out the profits too early or keeping any lost trade. Most of the traders make these mistakes as they place trades emotionally. If this is a bad trade, the stop loss order would execute, and the traders will end up with a calculated or minimal loss. And, if trade goes in good direction, the sell limit order will be executed, and the trader will earn estimated gains. At this position, placing an OCO order will solve their problem as once the order is set, the trade will work itself. Of course, the Federal Reserve is still the central bank at the centre of global attention, headlining a huge week for monetary policy next week when the ECB and Bank of Japan also meet. Simsek said this week that the guiding principles for the economy would be transparency, consistency, accountability and predictability. Erdogan had last week put well-regarded former finance minister Mehmet Simsek back in the post. The SEC’s filing also said between January and March this year, multiple Binance bank accounts then wired over $162 million offshore to a foreign account belonging to a Singapore company beneficially owned by Binance’s back office manager, Guangying Chen, a close associate of Zhao. Coinbase Chief Executive Brian Armstrong, an outspoken SEC critic who has led a push in Washington for clearer crypto rules, on Wednesday hit back at Gensler, calling him an «outlier» among Washington policymakers and accusing him of being «icy» when the company approached him about registration. (Reporting by John McCrank in New York Editing by Michelle Price, Chizu Nomiyama and Matthew Lewis) Under the agreement, which does not resolve the SEC lawsuit, Binance.US will take steps to make sure that no Binance Holdings officials have access to private keys for its various wallets, hardware wallets or root access to Binance.US’s Amazon Web Services tools, the court filings showed. To protect themselves, institutional crypto investors are switching to exchanges that offer stronger asset protection, boosting due diligence on trading partners, and executing trades in smaller chunks, among other new risk management measures, according to executives and industry data. The FCA crackdown comes as the industry reels from greater scrutiny in the US. Walid Koudmani, at broker XTB, said US regulators hoped to ‘set an example’ with lawsuits against Binance and Coinbase. ‘Whatever the US does, UK regulators are likely to follow,’ he said. PARIS, June 16 (Reuters) — Binance is under preliminary investigation for illegal canvassing of clients and money-laundering, the Paris prosecutor’s office said on Friday, the latest in a series of setbacks for 币安注册方法 the world’s largest crypto exchange. regulators, and possibly the Department of Justice, in the next few weeks,» said Scott Freeman, co-founder of JST Digital, a financial services firm focusing on digital assets. «We would not be surprised to see more lawsuits from the U.S. The SEC on Tuesday alleged Coinbase traded at least 13 crypto assets that are securities that should have been registered, including tokens such as Solana, Cardano and Polygon. The agency also said Coinbase was operating as an unregistered exchange, broker and clearinghouse. Speaking to Reuters late on Tuesday, Paul Grewal, the company’s chief legal officer, also said he was «confident» the SEC would not try to freeze Coinbase’s assets, as it has done in the case of Binance. «The standards that are required for such an asset seizure simply don’t apply in our case,» he said.