Pomerantz LLP has filed a class action lawsuit against Nasdaq-listed cryptocurrency exchange Coinbase Global, Inc. for engaging in securities fraud or other illegal business conduct.
The 9th US Circuit Court of Appeals rejected a lawsuit by Hodl Law against the SEC seeking to force the SEC to clarify its classification of ETH. Hodl Law failed to demonstrate a "real danger" of SEC enforcement action for its use of Ethereum and its tokens. The court found that the SEC had not recognized ETH as a security and that Hodl Law had failed to provide evidence that the SEC had taken "final institutional action". Although the SEC has approved spot ETH ETFs, the legal status of ETH rema...
"Hong Kong's status as an international financial center is as solid as a rock", the article pointed out that Hong Kong should also strive to develop into a technological innovation financial services hub, strive to occupy a global leading position in the field of virtual assets and technology complementarity (such as blockchain and Web 3.0), and strengthen cooperation with other cities in the Greater Bay Area in high-tech R & D and innovation.