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SEC v. Terraform Labs Pte. Ltd.: SDNY Judge Rakoff Denies Defendants' Motion To Dismiss SEC's Claims, Rejects The Ripple Court's Interpretation Of The Howey Test - Fin Tech

On July 31, 2023, Judge Jed S. Rakoff in the Southern District of New York ruled that the U.S. Securities and Exchange Commission (SEC) may proceed with its case against Terraform Labs ("Terraform")...
New York United States Jeds Rakoff Hyeong Kwon Court Howey Supreme Court Howey
Source: mondaq.com

TikTok in talks to gain Indonesian payments licence

JAKARTA, Aug 4 (Reuters) - TikTok told Reuters it is in early-stage talks with regulators to obtain a payments licence in Indonesia, a move that would further its e-commerce ambitions in a major market at a time when it is under intensifying scrutiny in the U.S. and elsewhere. The news follows an announcement by TikTok |
United States Jakarta Raya White House District Of Columbia Bank Indonesia Southeast Asian

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