SEC
SEC typically refers to U.S. Securities and Exchange Commission which "protects investors in the $3.8 trillion municipal securities markets that cities and towns rely on to provide neighborhood schools, local libraries and hospitals, public parks, safe drinking water and so much more". But it can also refer to the security and exchange regulation bodies of other countries.
OneKey Addresses Vulnerability That Allowed Hardware Wallet to be Hacked
White hat hackers identified weaknesses in crypto wallet OneKey's software earlier this year that allowed them to hack a hardware wallet in one second, however OneKey corrected the problem and no one was affected.
Nexo to terminate yield-bearing product after paying $45 million
Nexo Capital's cryptocurrency yield-bearing product is being shut down in the US following a multi-million dollar settlement with the SEC and NASAA.
Coinbase Executives Stand Up for Crypto Staking Services
Crypto trading Coinbase officials deny its crypto staking services are securities.
Binance Announces Upgrade to Proof-of-Reserves Verification
Binance's zk-SNARKs update improves proof-of-reserves verification security and transparency.
SEC Chair Gary Gensler Called Out by House Representatives Over FTX
Former FTX CEO Sam Bankman-Fried was supposed to appear before the House Financial Services Committee in December. Lawmakers are questioning his arrest.
SEC Chair Gary Gensler Warns Crypto Companies
Kraken agreed to shut down its U.S. staking services and initiatives, but SEC chair Gary Gensler advised other businesses to “come in and respect the law.”
Kraken Agrees to Cease Staking Services for U.S. Clients
Kraken settled with the SEC by ending its staking program and paying $30 million in disgorgement, prejudgment interest, and civil penalties.
Digital Asset Protection Firm Coincover Secures $30 Million in Funding Round
Foundation Capital and CMT Digital invest $30 million in Coincover to safeguard digital assets.
The U.S. government's regulatory strategy towards crypto firms
US officials reportedly discourage banks from serving the bitcoin business.
SEC to Keep Close Watch on Crypto Brokers and Advisers
The SEC stated the 2023 review goals would ensure crypto brokers and advisors follow "respectful standards of care."