Tag: SEC

Nasdaq Urges SEC to Regulate Crypto Like Stocks

By Emir Abyazov Nasdaq representatives have approached the U.S. Securities and Exchange Commission (SEC) with a notable request concerning cryptocurrencies. They want the regulator to apply the same standards to digital assets as it does to traditional securities, if those assets are effectively “stocks under a different name.”  In other words, the exchange is calling […]

SEC Drops the Hammer on $198 Million Crypto Ponzi Scheme

By Chayanika Deka The US Securities and Exchange Commission (SEC) charged Ramil Palafox, the founder of the crypto company PGI Global, with orchestrating a massive $198 million Ponzi scheme that misled investors worldwide. Palafox is accused of defrauding investors by promoting PGI Global as a legitimate crypto asset and foreign exchange trading business from January […]