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CATEGORY: securities law violations


Mar 11, 2024 05:50

US Court of Appeals Reverses Lower Courts Ruling in Favor of Binance

The United States Court of Appeals has reversed a lower court’s ruling dismissing U.S.-based users’ damages claim against Binance. Aggrieved users will once again attempt to prove that their claims do not constitute an “impermissible extraterritorial application” of U.S. securities law. ‘Impermissible Extraterritorial Application’ of Securities Law The U.S. Court of Appeals has revived a [...]

The post US Court of Appeals Reverses Lower Courts Ruling in Favor of Binance appeared first on Crypto Breaking News.

Jul 19, 2023 10:30

Nasdaq Halts Crypto Custody Plans Amid Tough US Regulatory Environment

Adena Friedman, CEO of Nasdaq, the international securities marketplace, announced that the firm is postponing its cryptocurrency custody plans due to the United States’ “regulatory environment.” During a Q2 earnings call, Friedman disclosed that Nasdaq aimed to launch the service last quarter, but it has been put on hold. U.S. ‘Regulatory Environment’ Forces Nasdaq to [...]

The post Nasdaq Halts Crypto Custody Plans Amid Tough US Regulatory Environment appeared first on Crypto Breaking News.

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