SEC wants retailer’s crypto suit tossed as it’s based on ‘phantom’ policy
A Texas bag retailer sued the SEC to get legal protection for a token airdrop, but the regulator says the suit was based on a policy that doesn’t exist.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
A Texas bag retailer sued the SEC to get legal protection for a token airdrop, but the regulator says the suit was based on a policy that doesn’t exist.
Why this matters
This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CointelegraphRelated market context
Coinbase-issued tokenized stocks on Base generated $1.5B in DEX volume over the past 30 days, up 313% vs. the prior 30-day period
The surge in DEX volume for Coinbase's tokenized stocks may signal increased investor confidence and potential for a Base token la...
OpenWorld Begins Nasdaq Trading As VerifyMe Deal Creates Public Tokenization Company
TL;DR OpenWorld and VerifyMe have completed their business combination, with the combined company trading on Nasdaq under OPNW fro...
Robinhood Wallet Can Now Route Stock Token Trades Through the Arcus Exchange
Swaps of Stock Tokens in Robinhood Wallet can now be filled through Arcus, a decentralized exchange from the team that built dYdX,...
Solana Perps Exchange Drift Opens Recovery Token Claims for Users Who Lost Over $290 Million
The Drift Foundation opened claims and redemptions on Thursday for DFX, a Solana token issued to users of the perpetuals exchange...
Polymath And CineCity Explore Regulated Tokenized Film Investment Platform
TL;DR Polymath and Chicago-based CineCity Studios are exploring a platform for financing independent film through regulated digita...
Hester Peirce Leaves SEC After Years At The Center Of US Crypto Policy
TL;DR SEC Commissioner Hester Peirce is concluding her tenure at the agency on October 2. Peirce became one of the most visible vo...