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  • btomba_77

    Member
    September 8, 2021 at 7:18 am

    [link=https://www.bloomberg.com/news/articles/2021-09-08/coinbase-accuses-sec-of-sketchy-behavior-after-threat-to-sue?srnd=premium-canada]Coinbase Accuses SEC of Sketchy Behavior After Threat to Sue[/link][/h3]  
    Coinbase, the U.S.s biggest cryptocurrency exchange, disclosed in a blog post that the SEC issued a Wells notice, meaning it may pursue enforcement action, and opened a formal investigation. 
     
    Were being threatened with legal action before a single bit of actual guidance has been given to the industry, Armstrong wrote on Twitter. Regulation by litigation should be the last resort for the SEC, not the first.
     
    The issue centers on Coinbases product called Lend, which the company has marketed as a high-yield alternative to traditional savings accounts that could earn an annual yield of 4%. The product hasnt been launched yet, but Coinbase encouraged customers in June to sign up for pre-enrollment. 
     
    The question of whether DeFi lending pools qualify as securities is shaping up as a key legal battleground for the SEC. Part of it turns on whether such set-ups meet the definition of investment contracts as established in the Supreme Courts 1946 Howey decision, which defined such contracts as the investment of money in a common enterprise with a reasonable expectation of profits to be derived from the efforts of others. 
     
     

  • btomba_77

    Member
    September 24, 2021 at 6:15 am

    [link=https://www.bloomberg.com/news/articles/2021-09-24/china-deems-all-crypto-related-transactions-illegal-in-crackdown?srnd=premium]China Bans Crypto Transactions, Vows to Stop Illegal Mining[/link]
     

    • benoit.elens

      Member
      October 11, 2021 at 1:41 pm

      BTC friends, I think WAGMI

      • Unknown Member

        Deleted User
        October 11, 2021 at 4:45 pm

        [Deleted by Admin]

        • Unknown Member

          Deleted User
          October 14, 2021 at 8:09 pm

          Who else bought at 29,000? how we feeling today?

          • Zuleyka

            Member
            October 14, 2021 at 9:14 pm

            Sorry for being annoying:

            I bought in at 2000

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