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“Haru Invest has been growing stronger than ever, even during the volatile market situation, so we are very keen on crypto regulations. Obtaining a VASP registration is one of many milestones for our company, and it will help build trust in the crypto industry for our members by providing secure and compliant digital asset management services.”

“By introducing securities trading on BISON, we’re making it easy for our customers to diversify their portfolios within a single app. Access to a wide range of asset classes opens up diverse investment opportunities for different market phases. To further empower its customers, BISON plans to continue expanding its offering in the digital asset space in the future.”

A North Carolina court has granted the US Securities and Exchange Commission’s motion for a default judgment against an initial coin offering (ICO) that bilked as much as $10 million out of investors excited by the possibilities of the fraud perpetrated by a former Washington state senator.

“The strength of Truist Securities is our teammates, their focus on partnering closely with our clients, and delivering expertise that helps them achieve their goals. As we look to the future, our client-first approach, ability to navigate complex transactions and long-term view will continue to deliver sustained success for clients and Truist.”

This enforcement action is one of the first times a regulator is claiming in court that ETH, one of the largest cryptocurrencies available, is a security, despite the controversial speech by ex-SEC William Hinman saying ETH is not.