US SEC Revokes Salt's License
This is a US news story, published by CoinGape, that relates primarily to Salt Blockchain's news.
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Securities Exchange ActCoinGape
•US SEC Targets Crypto Market Again, Revokes Securities License Of Crypto Lender
72% Informative
US SEC revokes Salt Blockchain's securities license due to non-compliance with reporting rules.
Agency claimed that the crypto lender failed to file periodic reports since December 31, 2021 .
Salt Blockchain had previously faced regulatory hurdles in 2020 , but it appeared that the firm has resolved those issues.
Expert predicts increased enforcement actions by SEC near fiscal year-end .
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