The US Securities and Exchange Commission (SEC) has recognized cryptocurrencies as securities, and crypto exchanges as securities exchanges.
Now companies that engage in transactions using crypto must register with the US Securities and Exchange Commission.
The head of the SEC, Garry Gensler, said that intermediaries in the cryptocurrency market perform a number of functions, in particular, work as an exchange, broker-dealer. The crypt is now official and now hundreds of millions of people are ready to enter. Do not miss.
The US Securities and Exchange Commission (SEC) will create a new office specifically for reporting crypto companies. The structure will have two divisions: for legal issues and for accounting.
Also, the head of the SEC said yesterday that the vast majority of cryptocurrencies are securities, and crypto exchanges are securities exchanges.
Binance Releases Binance Account Bound (BAB Token), the First Ever Soulbound Token on Binance Smart Chain🫀
BAB tokens are non-transferable tokens that act as personal data for Binance users who have passed KYC🥸
🔹All Binance users who have passed KYC will be able to mint their unique BAB tokens
🔹 Available only through the app
🔹During the BAB mint, a gas fee is charged, which will be deducted from the Binance user's spot wallet
📌Price 1 $BUSD
📌BAB tokens will be displayed on users' wallet addresses on the BSC network
📌The token will be sent to your non-custodial wallet (mm , trustwallet)