Self-Regulation

According to reports, Coinbase has responded strongly to last month\’s Wells notice from the Securities and Exchange Commission (SEC) that enforcement actions against cryptocurrency

On February 22, the non-profit industry alliance PoS Alliance (POSA) released two white papers to study the status of deposit tokens in the securities and tax laws of the United States. These documents were written by representatives of more than 10 industry organizations. According to the accompanying statement, these documents are intended to provide “a framework for meaningful legislative codification or clarification”. They also aim to provide a basis for self-regulatory standards. Interpretation of this information: PoS Alliance (POSA), a non-profit industry alliance, has released two white papers to study…