shared a letter written by Barry Silbert, the CEO of Genesis’ parent company Digital Currency Group . Silbert’s letter reassures DCG shareholders that his company will “continue to be a leading builder of the industry.” Silbert did touch upon Genesis in the shareholder letter and he highlighted that it’s important to note that the lending arm of Genesis has had “no impact on Genesis’ spot and derivatives trading or custody businesses, which continue to operate as usual.
Light’s report indicates the ostensible probe involves agencies from “several other states” but as far as other crypto firms, only Genesis was mentioned. “Borg declined to name the other companies,” the Barron’s author detailed. The report further claims the probe’s general focus is on “whether Genesis and other companies enticed residents to invest in crypto-related securities without making the proper registrations.
State securities regulators in the United States have been cracking down and investigating crypto firms for quite some time. Regulators from specific states have filed actions against a number of cryptocurrency firms like Celsius, Blockfi, Nexo, and FTX. The securities regulators’ complaints are all very similar, as they question whether or not crypto firms are selling unregistered securities to retail investors.
BNB
FACT
BNB
Thats nice
Thats nice
Thats nice
Thats nice!
Thats nice
BNB
Thats nice!
Thats nice
Thats nice
I wish someone showedd me thiss earlierr?
Thats nice
Thats nice
BNB
Thats nice!!
Thats nice!!
FACT
Thats nice
BNB
Thats nice!!
FACT
ChiefraFba gives the most accurate signals and analysis in my experience
Coin Coin Latest News, Coin Coin Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: CoinDesk - 🏆 291. / 63 Read more »
Source: CryptoPanicCom - 🏆 563. / 51 Read more »
Source: Crypto_Potato - 🏆 568. / 51 Read more »