SEC

Another One Bites The Dust: SEC Brings Charges Against Another ICO

The Securities and Exchange Commission (SEC) of the US is tightening the noose around initial exchange offerings (ICOs). In yet another step against them, the Commission has brought charges against one more allegedly fraudulent ICO of unregistered digital asset securities. The SEC Is Getting Serious About ICOs The SEC has pressed charges against defendants Sergii...
Read More

Telegram’s Clash With SEC Continues: Internal Correspondance Suggests TON Is Security

The critical situation between Telegram and the U.S. Securities and Exchange Commission (SEC) took another step forward. The market regulator now claims that the popular messaging company saw its upcoming Gram token as securities and thus should fall under established regulations. Is Gram Token A Security? Telegram’s controversy regarding its TON blockchain and its native...
Read More

Bitwise Withdraws Its Bitcoin ETF Proposal Pursuant To Regulations

It appears that the cryptocurrency community won’t be seeing an SEC Bitcoin ETF yet again, as Bitwise has withdrawn its application which was filed in January 2019. According to the official note, the move is largely due to the public interest and pursuant to existing regulations. Bitwise Withdraws Bitcoin ETF Application A lot of people...
Read More

US SEC Warns Investors About Initial Exchange Offerings (IEOs)

With initial coin offerings (ICOs) virtually gone and initial exchange offerings (IEOs) now dominating the crypto industry as the newest method of fundraising for blockchain projects, the United States Security and Exchange Commission (SEC) has warned US investors to be cautious when investing in them. The regulator issued an official notice today, warning crypto investors...
Read More

Telegram Won’t Have To Show The SEC Its Bank Accounts, Court Rules

Telegram appears to have caught a break with the recent case filed by the U.S. Securities and Exchange Commission (SEC). The company recently refused to share its financial records with the market regulator, and now the New York court has ruled against SEC’s demand. SEC Request Denied This year started on the wrong foot for...
Read More

Telegram Refuses To Share Financial Records With SEC

The case between the U.S. Securities and Exchange Commission (SEC) and the encrypted messaging platform Telegram takes another turn. The latter has reportedly refused to hand over financial details regarding its ICO from two years ago, which was recently requested by the market regulator. Telegram Does Not Want To Share After raising over a billion...
Read More

Regulatory Roundup: New US Crypto Bill, France’s 1st Approved ICO, Muslim Crypto

In this roundup, we cover a wide range of regulatory developments in the crypto space. Much has transpired in the U.S., including a new crypto bill, SEC’s proposal, lawmakers seeking answers from the IRS, and the state of Michigan signing several crypto bills into law. We also cover France’s first-approved initial coin offering, a proposal...
Read More

Bitwise Writes the SEC to Push its Bitcoin ETF Through

The concept of a Bitcoin ETF has been dead in the water for years. Despite another rejection looming on the horizon, Bitwise is not giving up on this idea just yet. It is not the first time that the company wants to explore a Bitcoin ETF. Bitwise Wants its Bitcoin ETF at all Costs So...
Read More

SEC Postpones Making A Decision On BTC ETF By Wilshire Phoenix

The Christmas shopping season is officially open and there are many places which accept payments in cryptocurrency. As the latest Bitcoin and altcoin news and rumors show, online retail giants are turning to crypto and have made purchasing wonderfully simple for the average person.However, big players such as Amazon and eBay have yet to make...
Read More

Blockchain of Things Settles SEC Charges by Refunding Investors

It does not happen often that the SEC settles with an ICO company. In the case of Blockchain of Things, it seems everything has been reconciled, of sorts. According to a press release, Blockchain of Things has been subject to an SEC investigation. The SEC Wants to Educate This is not uncommon for ICO projects,...
Read More

US Congress to Consider Cryptocurrency Act in 2020

The U.S. cryptocurrency scene might be on the way to seeing clear cut crypto regulations as Congress prepares to consider a new bill detailing modalities for digital asset oversight. Clear Definition for Digital Assets According to Forbes, the proposed bill titled ‘Cryptocurrency Act of 2020’ seeks to provide a clear framework for crypto regulations in...
Read More

Blockchain Of Things Startup Latest Target For The SEC Regualtors

On January 1st of 2020, the enforcement of the Amended Directive to the Fourth EU Money Laundering Directive will begin. Some of the main changes will affect how the German Banking Act and Payment Supervision Services Act relate to crypto. Let’s find out more about the upcoming cryptocurrency news below.The new law defines cryptocurrencies in...
Read More

SEC to Boost Access to Crypto Investments With Proposed New Accredited Investor Definition

The U.S. Securities and Exchange Commission (SEC) has proposed amending the definition of “accredited investor” — a move that will increase access to regulated cryptocurrency investments. A number of them are currently only available to accredited investors. Among other changes, a person can qualify based on professional knowledge, experience, or certifications. Also read: Lagarde Sees...
Read More

US SEC Targets Crypto Startup For Illegally Raising $13 Million

Two years after Bitcoin’s ATH, the US SEC still continues to deal with cases involving illegal fundraising by crypto-based companies. SEC Sets its Sights on Latest Crypto Project It has been two years since Bitcoin (BTC) reached its all-time high, with its price reaching $20,000. However, the market surge that allowed its price to go...
Read More

New SEC ICO Settlement: Reminder of Regulatory Stakes Hex Token Is Facing

One of the hottest topics in the cryptocurrency ecosystem lately has been Richard Heart’s recently launched Hex token, which has been roundly rebuked by many industry stakeholders as a brazenly scammy “get rich” scheme. The grand question, however, is whether Hex’s backers have actually engaged in illegal behavior. The token’s proponents say nay due to...
Read More

Op Ed: U.S. Cryptocurrency Regulation Faces Uncertainty in 2020

The future of cryptocurrency regulation in the United States remains uncertain. The lack of a clear regulatory framework makes it difficult for market participants to act without fear of reprisal. The guidance issued and actions taken by the U.S. Securities and Exchange Commission (SEC), Commodity Futures Trading Commission (CFTC), and Congress in 2019 provide a...
Read More

SEC Doubles Down on Pro-Innovation Though Protective Crypto Stance

While cryptocurrencies are but a small drop in the pond of global finance, authorities have only increased their scrutiny of this nascent industry over the past couple of months. The U.S. Securities and Exchange Commission (SEC), especially, has been harsh in keeping this industry kosher, making moves such as denying countless Bitcoin exchange-traded funds, charging...
Read More

Binance US Considers Tron, Tezos and 16 Others for Listing

Crypto exchange giant Binance is currently looking to expand its token trading pair listings for its US platform by as many as 18 new cryptocurrencies. Tron and Tezos On Binance Radar for US Crypto Exchange In a blog post published on Tuesday (December 11, 2019), Binance.US, the American arm of Binance announced that it was...
Read More

The State Encourages ICO Fraud. The Free Market Minimizes It  

Many Initial Coin Offerings (ICOs) have been and are frauds. The state enables this con game in various ways, including the establishment of accredited investors and the regulation of businesses that sell equity. Shut off from the most lucrative aspects of investment, average people rush into the few sources of profit still available to them....
Read More

Infamous Bitcoin Scammer Case Reopened By US SEC

According to recent documents from the United States, the Securities and Exchange Commission (SEC) thinks that the case against the known fraudster and Ponzi schemer, Renwick Haddow, still needs to be properly solved. The infamous bitcoin scammer will be trailed again and we are reading more about it in the bitcoin news now. It looks...
Read More

Regulatory Roundup: Bitcoin Futures Fund Approved, India’s RBI-Backed Digital Currency

In this regulatory roundup, we cover the U.S. SEC approving a bitcoin futures fund, the new IRS tax form targeting crypto owners, and several more steps taken by the U.S. government toward crypto regulation. We also cover India’s central bank digital currency plan, South Korea’s crypto taxation plan, and the European Commission’s announcement regarding stablecoins....
Read More

US SEC Re-Opens Infamous Bitcoin Scammer Case

According to recent documents, the United States Securities and Exchange Commission (SEC) believes that the case against the serial Ponzi scammer, Renwick Haddow, has yet to be properly solved. The United States SEC does not appear to be satisfied with the New York Southern District Court judge’s decision regarding the case against Renwick Haddow. Judge...
Read More

SEC Approves Bitcoin Futures Fund

The U.S. Securities and Exchange Commission (SEC) has approved an investment fund that will invest in bitcoin futures contracts. SEC Commissioner Hester Peirce calls this move “a bit of progress.” The SEC has also revealed why it decided to approve such a fund. Also read: Swiss Licensed Crypto Bank Expanding Into 9 Markets Bitcoin Futures...
Read More

SEC Will Start Going After Illegal Crypto ICOs Even Harder

The United States Commodity Futures Trading Commission (CFTC) managed to obtain more than $1.3 billion in administrative penalties throughout the fiscal year of 2019, new reports show. These included funds that the US CFTC collected from cryptocurrency operators, too.According to the annual report issued by the US CFTC for the 2019 financial year, the regulator...
Read More

SEC May Come Down Harder on Illegal Crypto ICOs

Two years on from the 2017 ICO craze and some crypto projects are calling it quits despite escaping harsh sanctions from regulators. Some commentators say authorities may be forced to adopt harsher punishments for illegal token sales since indicted projects cannot be trusted to pay back investors. Gladius Calls it Quits According to the Wall...
Read More

Alibaba, OneConnect Leads China’s Blockchain Patent Race

Alibaba and OneConnect scored the highest in China’s recent Blockchain Patents list after they both filed IPO prospectuses at the same time. The development of blockchain technology continues to rage on across the world, and countless corporations are struggling to take the lead. A little over a week ago, on November 18th, BlockData published a...
Read More

Thai SEC Mulls Tweaking Existing Crypto Regulations to Boost Growth

Asian nations such as Thailand are wasting no time in preparing their economies for a future that involves crypto assets. China is full steam ahead on blockchain technology, and Thailand is making plans to open up further to the digital asset industry with amendments to existing regulations. Paving The Way For Thai Crypto Industry According...
Read More

Facebook Libra a Security? The Verdict Is Still Out in the U.S.

Stablecoin projects have typically been considered de facto currencies by many stakeholders in America’s nook of the cryptoverse, but that hasn’t stopped some officials from recently asserting that Facebook’s Libra stablecoin should be characterized as a security. Now, U.S. Commodity Futures Trading Commission (CFTC) Chairman Heath Tarbert has waded into the discussion, noting in new remarks...
Read More

OneConnect Financial Technology Files for IPO in the U.S.

It has been evident in the last few years that companies within the blockchain, cryptocurrency and fintech space are receiving a lot more institutional backing after years of being rather niche sectors of the business world. This is evidenced by the fact that many more prominent firms are taking on blockchain technology such as MasterCard,...
Read More

Telegram Denies Almost Everything in Latest Court Response

Telegram finally responds to the US SEC’s complaint about its ICO, which the US regulator believes to be illegal by denying all allegations. Telegram, a company behind one of the most popular messaging apps by the same name, became a topic of controversy somewhat recently. The matter revolves around its cryptocurrency project, Telegram Open Network...
Read More
1 2 3 8