Securities

(Annie Spratt/Unsplash)
Terraform Labs' LUNA and MIR Tokens Are Securities, Judge Rules
A federal judge issued summary judgements siding with the SEC's arguments that Terraform had illegally sold unregistered crypto securities.
(Annie Spratt/Unsplash)

Kraken Crypto App
‘They’re Playing a Game’: What New Yorkers Think of the SEC’s War Against Crypto
After the Securities and Exchange Commission sued Kraken, a small but trusted exchange, CoinDesk asked passersby for their views on crypto and regulation.
Kraken Crypto App

The U.S. Department of Justice has arrested the top executives of SafeMoon and accused them of pilfering company coffers.  (Jesse Hamilton/CoinDesk)
SafeMoon Execs Arrested by DOJ in Fraud Investigation, Charged by SEC
Crypto company SafeMoon's CEO and chief technology officer were arrested, accused of withdrawing more than $200M to buy luxury cars and homes from funds that they told investo...
The U.S. Department of Justice has arrested the top executives of SafeMoon and accused them of pilfering company coffers.  (Jesse Hamilton/CoinDesk)

L-R: Bank of America's Christopher Wallace, Teunis Brosens of ING, the European Commission's Ivan Keller, the Bank of England's Sasha Mills and Marina Reason of Herbert Smith Freehills (Jack Schickler/CoinDesk)
DLT Securities Rules Are Here to Stay, EU Official Says
New European laws took effect in April, but fears over its limited scale may have inhibited take-up.
L-R: Bank of America's Christopher Wallace, Teunis Brosens of ING, the European Commission's Ivan Keller, the Bank of England's Sasha Mills and Marina Reason of Herbert Smith Freehills (Jack Schickler/CoinDesk)

SOMA Finance to issue compliant security token (Pixabay)
SOMA Finance to Issue the First Retail Compliant Digital Security
The SOMA token will be a non-cumulative, participating preferred stock of SOMA.finance and will pay a dividend of up to 10% of profits.
SOMA Finance to issue compliant security token (Pixabay)

Lagos, Nigeria (Nupo Deyon Daniel/Unsplash)
Binance Nigeria Ordered to Halt 'Illegal' Operations by Securities Watchdog
A spokesperson for Binance, which faces U.S. SEC allegations that include operating an unregistered exchange, said the Nigerian company is not affiliated with the firm.
Lagos, Nigeria (Nupo Deyon Daniel/Unsplash)

SEC Chair Gary Gensler (CoinDesk screen grab from video)
Are Centralized Exchanges in the U.S. Doomed?
With the SEC’s Binance and Coinbase lawsuits, the agency is signaling it really is now or never to “come into compliance.”
SEC Chair Gary Gensler (CoinDesk screen grab from video)

An EU study has rekindled a debate over the treatment of crypto as securities (TiNo Heusinger/Pixabay)
EU ‘Crypto Security’ Debate Turns New MiCA Law on Its Head
Whether to treat crypto as a traditional financial instrument can be a black-and-white issue, but European Union lawmakers appear to favor a spectrum.
An EU study has rekindled a debate over the treatment of crypto as securities (TiNo Heusinger/Pixabay)

The European Parliament  (Guillaume Périgois/Unsplash)
Treat Crypto as Securities by Default, European Parliament Study Says
Landmark new crypto laws under MiCA may have few short-term benefits without further steps, the report commissioned by EU lawmakers says.
The European Parliament  (Guillaume Périgois/Unsplash)