Progress
Current status
under deliberation
12 Jan 2023 under deliberation
Scope
Implementers
United States of America
Policy Area
Registration and licensing
Policy Instrument
Business registration requirement
Regulated Economic Activity
digital payment provider (incl. cryptocurrencies)
Government Branch
executive
Government Body
other regulatory body
Implementation Level
national
Timeline of events
Announced lawsuit involving alleged violations of 1933 Securities Act in cryptoassets programme (SEC vs Genesis and Gemini)
On 12 January 2023, the US Securities and Exchange Commission (SEC) filed a complaint against Genesis Global Capital and Gemini Trust Company under the Southern District Court of New York against Genesis and Gemini for an alleged unregistered offer …
SourceEvent type
public lawsuit
Action type
announcement
Government branch
executive
Government body
other regulatory body