News list for " crypto token"
Paul S. Atkins, chairperson of the Securities Exchange Commission, who delivered a keynote speech at the inaugural OECD Global Financial Marekt Roundtable, said: The time for cryptocurrencies has arrived. Most crypto tokens are not securities, and the Securities Exchange Commission will clearly define these boundaries. It must ensure that entrepreneurs can raise money on-chain without facing endless legal uncertainty. The Securities Exchange Commission must also allow "super applications"...
According to NBC News, blockchain data firm Chainalysis data shows that Trump and his allies received nearly $900,000 in transaction fee revenue from their crypto token $TRUMP over two days last month. The revenue surge stemmed from the announcement on the token's official website that it would offer the first 220 token holders the opportunity to have dinner with the president. After the announcement, the price of the $TRUMP token rose by more than 50%. According to the project's official websit...
Famous rapper Kanye West plans to launch crypto token YZY. According to three people familiar with the project, Kanye will receive a 70% share, liquidity supply will account for 10%, and investors will account for 20%. The project information was disclosed by Yeezy Chief Financial Officer Hussein Lalani via email. The YZY token will be used as the official currency of the Yeezy brand and can be used for payment on its website. This move is seen as circumventing Shopify and others due to its...
Gary Gensler, chairperson of the Securities Exchange Commission (SEC), said: "I believe the SEC has the legal tools to secure cryptocurrencies and, without prejudice, not all crypto tokens are securities."
