This case is part of the SEC's broader effort to regulate the crypto industry
The SEC has charged Nader Al-Naji, Founder of BitClout, with selling $257 million in unregistered securities. Al-Naji is accused of defrauding investors and misusing funds for personal expenses.
The sandbox could explore the potential of tokenization. Tokenization can enhance market transparency, enable asset fractionalization, and achieve operational efficiencies
The head of the U.S. Securities and Exchange Commission says the legislative draft weakens his agency's ability to protect investors