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Bermuda-based Meanwhile, which aims to provide life insurance to US citizens with BTC holdings, raised $19M across two seed rounds led by Sam Altman and others (Jamie Crawley/CoinDesk) 06-06-2023

Jamie Crawley / CoinDesk: Bermuda-based Meanwhile, which aims to provide life insurance to US citizens with BTC holdings, raised $19M across two seed rounds led by Sam Altman and others  —  Meanwhile’s target audience is U.S. citizens with large BTC holdings, an audience from which it has “seen a lot of early demand.” Lees verder op Tech Meme

A task force of ten state regulators, including California and Washington's, issues a Show Cause Order against Coinbase for allegedly violating securities law (Zhiyuan Sun/Cointelegraph) 06-06-2023

Zhiyuan Sun / Cointelegraph: A task force of ten state regulators, including California and Washington’s, issues a Show Cause Order against Coinbase for allegedly violating securities law  —  The SEC is suing the cryptocurrency exchange for alleged unregistered securities offerings.  —  1342 Total views  —  19 Total shares Lees verder op Tech Meme

The SEC sues Coinbase, alleging the exchange operated as an unregistered broker since at least 2019 and broke the rules by offering “staking”; COIN drops 15%+ (Austin Weinstein/Bloomberg) 06-06-2023

Austin Weinstein / Bloomberg: The SEC sues Coinbase, alleging the exchange operated as an unregistered broker since at least 2019 and broke the rules by offering “staking”; COIN drops 15%+  —  The Securities and Exchange Commission sued Coinbase Global Inc. in federal court in New York on Tuesday, alleging the crypto firm for years broke its rules. Lees verder op Tech Meme