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FAMEEX Morning Crypto News Recap | February 28, 2023

2023-02-28 11:20:40

SEC Chairman Explains Why He Views All Crypto Tokens Other Than Bitcoin as Securities
U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler has detailed why he considers all crypto tokens other than bitcoin as securities. While acknowledging that crypto tokens may have different setups, he stressed that “at the core, these tokens are securities.”

SEC served subpoena to Robinhood shortly after FTX debacle
The U.S. Securities and Exchange Commission subpoenaed trading app and brokerage Robinhood over its cryptocurrency services, the company disclosed in an annual financial filing posted on Monday.

Coinbase to Suspend Trading of BUSD Amid Regulatory Crackdown
Cryptocurrency exchange Coinbase announced it will suspend trading and delist the Paxos-managed stablecoin asset BUSD.

Crypto in Conflict: How Crypto Fuels the Ukraine-Russia War
The conflict has caused crypto to go mainstream in Ukraine, with central exchange traffic increasing by as much as 30% over the war.

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