Nasdaq-listed cryptocurrency exchange Coinbase has announced that it received a Wells notice form the U.S. Securities and Exchange Commission (SEC), signaling the regulator may take enforcement action against it.
Cryptocurrency entrepreneur Justin Sun has, along with Tron Foundation Limited, BitTorrent Foundation Ltd., and Rainberry Inc. (formerly known as BitTorrent), have been charged by the SEC for the unregistered offer and sale of Tronix and BitTorrent digital asset securities.
Telegram has announced that its users can now send each other Tether’s USDT stablecoin via the Tron network. Tether is the third-largest cryptocurrency by market capitalization, after Bitcoin and Ethereum, with a market cap of $78 billion.
Top stories in the Crypto Roundup today:
- Coinbase Faces Potential SEC Enforcement Action
- SEC Targets Justin Sun and Star-Studded Lineup in Crypto Fraud Case
- Telegram to Launch USDT Payments on Tron
- Stablecoin Daily Trading Volume Reaches Highest Level Since FTX Collapse