The agency cited three examples of “false and misleading representations,” including a mention on its website that the Provenance Blockchain’s HASH token on OKCoin had “received broad regulatory acceptance from the SEC, OCC, FED, and the FDIC” and a 2020 posting to the company’s website, where it advertised itself as “Licensed across the US with FDIC insurance on OKCoin accounts.” It also cited a company official’s Twitter post that “if you are in the US we offer FDIC insurance on USD deposits.”
Nasdaq and Talos Partner on Tokenised Collateral Following SEC Nod
Nasdaq will integrate Talos’ digital asset infrastructure into its Calypso and Trade Surveillance platforms. The move aims to bring tokenised...
