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Seychelles
New York Attorney General Alleges Ether Is a Security in KuCoin Lawsuit
New York State Attorney General Letitia James filed suit against KuCoin on Thursday, alleging the Seychelles-based crypto exchange is violating securities laws by offering tokens, including ether (ETH), that meet the definition of a security without proper registration. Penn State Dickinson Law Professor Tonya Evans discusses the action and the outlook for U.S. crypto regulation. Plus, key takeaways from yesterday's House hearing on the digital asset ecosystem.

FLEX Token Rises 21% After CoinFLEX Restructuring Plan Approved
The crypto exchange filed for restructuring in August 2022 after suspending withdrawals earlier that summer.

Crypto Exchange Bitget Registers in Seychelles, Eyes Global Expansion
The exchange plans to increase its workforce from 800 to 1,200 by Q1 of next year.

Crypto Futures Exchange CoinFLEX’s Creditors to Own 65% of Firm After Reorganization
CoinFLEX filed for a restructuring in the Seychelles during the summer after suspending withdrawals amid the volatile crypto market.

Crypto Futures Exchange CoinFLEX Files for Restructuring in Seychelles
The exchange will now seek approval from creditors for its restructuring plans.

Seychelles Police Asked to Probe Transfer of 230K Bitcoin Linked to OneCoin Scam
Police have received documents requesting an investigation into multiple transactions, which included cash and property worth more than $10 billion.

Seychelles Regulator Issues Investor Alert Over Crypto Exchange Huobi Global
Huobi told CoinDesk the entity is within the company group.

Seychelles' Stock Exchange Will List Ethereum Tokens Representing Supercars
MERJ, the only licensed stock exchange in the Seychelles, plans to list ethereum tokens representing shares in supercars issued by CurioInvest, starting with a $1.1 million Ferrari.

First Tokenized IPO Launches on National Stock Exchange
The national stock exchange of the Seychelles is today launching the world's first IPO of tokenized shares, utilizing the ethereum blockchain.

National Stock Exchange Becomes World's First to List a Tokenized Security
Seychelles' stock exchange has just listed a tokenized security representing its own equity in an apparent world first.
