Category: News

CZ Signs MoU with Kyrgyzstan to Develop Crypto and Blockchain Ecosystem

Binance founder Changpeng ‘CZ’ Zhao has signed a memorandum of understanding (MoU) with the Kyrgyz Republic’s National Investment Agency (NIA). The main objective behind the latest strategic partnership is to develop the country’s cryptocurrency and blockchain ecosystem. The agreement, which was announced on April 3 by Kyrgyz President Sadyr...
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SEC lays out guidelines for stablecoins, excludes algorithmic tokens

The United States Securities and Exchange Commission (SEC) released a statement on April 4 establishing guidelines for stablecoins. In an April 4 statement, the agency minted a new term, “covered stablecoins,” classifying them as non-securities and exempting such tokens’ transactions from reporting requirements. According to the SEC’s definition, a...
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U.S. SEC Staff Clarifies That Most Crypto Stablecoins Aren’t Securities

The U.S. Securities and Exchange Commission has no business with certain stablecoins or their issuers, the regulator’s staff declared in the latest statement outlining the corners of the crypto sector for which it doesn’t have a legal interest. Since the agency was taken over by President Donald Trump-appointed leadership...
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