The Oregon attorney general has sued Coinbase, accusing it of violating state securities laws by illegally offering and selling assets designated as "crypto securities" to Oregon residents, a total of 31 tokens, far more than the number mentioned in previous SEC cases, including AAVE, UNI, LINK, MKR, FLOW, XRP, etc. The document claims that Coinbase has long avoided regulatory obligations and assisted in the sale of unregistered securities. The lawsuit is currently based on state law rather than...
The Oregon Attorney General today filed a securities enforcement lawsuit against cryptocurrency exchange Coinbase, using a regulatory doctrine that the SEC has officially abandoned. Coinbase Chief Legal Officer Paul Grewal issued a statement saying the move is "unfounded" and "undermines the constructive policy development that is underway in Washington, D.C." At a time when Congress is pushing for comprehensive federal legislation on digital assets, Coinbase has pledged to maintain normal opera...
The Attorney General of Oregon filed an enforcement action against Coinbase. Coinbase issued a statement saying that this lawsuit is as baseless as previous Securities Exchange Commission lawsuits, and Coinbase will do everything in its power to defeat it, but this lawsuit directly undermines the constructive policy making that is underway in Washington, D.C. In addition, Coinbase said that Coinbase customers in Oregon and elsewhere need not worry, and related business services will not be affec...
The Federal Reserve has become a foregone conclusion, and Powell's press conference is expected to be full of interest. The premise for gold to start a new round of rally is... Click to view...
On the early morning of October 28 local time, at least two presidential election ballot boxes were placed in "incendiary devices" and caught fire near Portland, Oregon and Vancouver, Washington, causing hundreds of ballots to be damaged. It is reported that US officials are investigating the incident.
On July 12, according to CME "Fed Watch": The probability of the Federal Reserve keeping interest rates unchanged in August is 91.2%, and the probability of cutting interest rates by 25 basis points is 8.8%. The probability of the Federal Reserve keeping interest rates unchanged in September is 7.3%, the probability of a cumulative rate cut of 25 basis points is 84.6%, and the probability of a cumulative rate cut of 50 basis points is 8.1%.
U.S. Senator Ron Wyden (D-Oregon) recently voted in favor of a House resolution to overturn the Securities Exchange Commission's Employee Accounting Bulletin 121 and questioned the threat to personal and financial privacy online. Ron Wyden said that what cryptocurrencies really need is a regulatory framework. That's what Republican Congressman Patrick McHenry is trying to do. Tough action is needed against scammers and fraudsters. I think McHenry establishes a regulatory framework and puts more ...
The cryptocurrency platform Abra and its CEO William Barhydt have reached a settlement with the financial regulatory authorities of Oregon in the United States. According to the settlement agreement, Abra will return the assets held by Oregon users on the platform and stop issuing unregistered securities in the state. If Abra successfully returns all assets to Oregon clients before April 25th, there will be no fines.