US Securities and Exchange Commission (SEC) has charged crypto trading platform Beaxy with not registering as a national securities exchange.
SNEAK PEEK
- Beaxy founder Artak Hamazaspyan is accused of misusing $900K raised in an unregistered offering of BXY tokens for personal use.
- The SEC has reminded crypto trading platforms that they must comply with the regulations established by the law.
- Coinbase recently received a Wells notice from the US SEC regarding potential violations of securities laws.