US SEC Intensifies Crackdown on These Crypto, Price Dip Ahead?

Quick Summary:

The United States Securities and Exchange Commission (SEC) has included additional tokens in its securities classification in the Binance lawsuit.

Some of the crypto assets include Axie Infinity (AXS), Filecoin (FIL) Decentraland (MANA), etc.

It would erase the term “investment contract” in the context of the Exchange Act, even though the Act’s focus is precisely on transactions in secondary markets—i.e.

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Article Details

Author / Journalist: David Pokima

Category: Crypto

Markets: IndiaBrazilUnited States

Topics: Securities and Exchange Commission Blockchain News Binance 24/7 Cryptocurrency News

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-09-13 @ 21:06:28 (14 hours ago)

News Timezone: GMT +8:00

News Source URL: coingape.com

Language: English

Article Length: 341 words

Reading Time: 2 minutes read

Sentences: 41 lines

Sentence Length: 9 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinGape

News ID: 22502470

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Main Topics: Crypto

Official Website: coingape.com

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News Last Updated: 12 hours ago

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