“The recent high-profile cases against Terra/Do Kwon and Ripple, with penalties reaching hundreds of millions or even billions of dollars, do signal a change in the SEC’s strategy,” University of Pennsylvania assistant law professor Andrea Tosato told CoinDesk in an interview. “Overall, I would say that it appears the SEC is trying to send the message that … the reward is just not worth the risk.”
Hong Kong, China Expand Cross-Border Digital Yuan Trial With E-CNY Wallets for HK Residents
The HKMA intends to continue working with the PBOC to expand the application of the e-CNY. The HKMA plans to...