Australia
Summary: The measures introduced by the CBA include holds, declines, and limits on outgoing transfers to crypto exchanges. CBA will also introduce a monthly $10,000 limit on these transactions in the coming months. James Roberts, Commonwealth Bank General Manager of Group Fraud Management Services said that measures should combat crypto-related...
Coinbase
Summary: “Coinbase has never registered with the SEC” as a securities exchange, the U.S. Securities and Exchange Commission filed in its lawsuit against America’s biggest crypto exchange. The SEC again listed several crypto tokens like SOL and MATIC as securities in the 101-page document filed in New York’s Southern District....
Binance
Summary: The SEC claims that Binance and its CEO Changpeng Zhao violated U.S. laws by knowingly operating an unlicensed securities exchange. Several tokens like SOL, ADA, and MATIC were labeled securities by the federal regulator in its suit against Binance. CEO Zhao replied “4” calling the lawsuit FUD and the...