Marathon: There Will Be an Outflow of Miners Due to Tax Increases in US
Fred Thiel, CEO of Marathon Digital, has stated that the proposed tax on crypto-currency mining will push the industry towards offshore jurisdictions.
SEC Believes Filecoin Could Be a Security
The SEC staff suggests that the trust’s underlying asset, Filecoin (FIL) cryptocurrency, conforms to the definition of an investment contract under federal law.
Judge Denied SEC’s Motion to Seal Documents Related to Former Division of Corporation Finance Director
A judge in the US District Court for the Southern District of New York yesterday denied the SEC motion to seal documents related to a 2018 speech by former Division of Corporation Finance Director Bill Hinman.
SEC Says Coinbase’s Lawsuit Against Regulator is Baseless
The SEC says the commission is not obligated to issue such regulations and Coinbase does not have the standing to sue the agency.
US Department of Justice to Tighten Crypto Exchanges Oversight
The US Department of Justice has announced that it will take “strong action” against illegal activities on cryptocurrency trading platforms.
Blockchain Project Solana Opens Community Office in NYC
The organization has unveiled their 4-story, 25,000-square-foot public office space in Lower Manhattan.
Binance Wants to Develop its Business in the UK
Binance’s Strategy Director Patrick Hillmann has expressed the US has been in a “confused situation” in regards to the regulation of the crypto market.
