THE HASH: SEC Ordered to Respond to Coinbase Allegations; North Carolina House Votes to Ban Digital Dollar Payments

The most valuable crypto stories for Thursday, May 4, 2023.

This episode is sponsored by Ciphertrace.

“The Hash” tackles today’s hot topics, including the U.S. Securities and Exchange Commission (SEC) being ordered by a U.S. court to respond to cryptocurrency exchange Coinbase’s complaint over how it applies securities laws to digital assets. Separately, Nigeria’s government approved a national blockchain policy. And North Carolina’s House of Representatives unanimously passed a bill prohibiting the state’s agencies and institutions from accepting payments in central bank digital currencies. Plus, the former head of product at OpenSea was convicted of money laundering and wire fraud in a federal court, according to a report from Reuters.

See also:

U.S. Court Orders SEC to Respond to Coinbase Allegations Within 10 Days

Coinbase Grew Quickly by Working With U.S. Regulators. Will It Expand Even More by Disregarding the SEC?

SEC Is Alleging Legal Violations ‘On the Fly,’ Coinbase Says

Nigeria Approves National Policy to Create ‘Blockchain-Powered’ Economy

Nigeria’s SEC Mulls Allowing Tokenized Equity, Property but Not Crypto: Bloomberg

North Carolina House Unanimously Votes to Ban Digital Dollar Payments to the State

Ex-OpenSea Exec Convicted of Wire Fraud, Money Laundering in Insider Trading Case

Ciphertrace, a Mastercard company, helps banks, governments, regulators, exchanges and VASPs to trace the movement and risk of crypto funds, uncover illicit activity, and help comply with global regulations. Get in touch today to find out more at Ciphertrace.com.

This episode has been edited by Ryan Huntington. The senior producer is Michele Musso and the executive producer is Jared Schwartz. Our theme song is “Neon Beach.”

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.