Anderson Mccutcheon · 11 hours ago · 3 min read
SEC Chairman Clarifies Securities Treatment Around Bitcoin, Ethereum, and Cryptocurrency Broadly
This post was last updated on November 7th, 2019 at 02:53 amThe SEC chairman Jay Clayton provided additional clarity on the securities treatments for cryptocurrency—more specifically by addressing his stance towards William Hinman’s statements about Bitcoin and Ethereum potentially being non-securities.
Bittrex Launches First IEO: “Initial Exchange Offering,” $6M Token Sale for RAID Token
This post was last updated on November 7th, 2019 at 06:03 amBittrex International, a US-based cryptocurrency exchange headquartered in Seattle, announced that it will be hosting the first Initial Exchange Offering (IEO) for RAID’s XRD token later this month.
Preliminary Injunction Against Blockvest for Fraudulent Securities Offering and Illegal Use of SEC Seal
This post was last updated on April 17th, 2019 at 11:09 amThe SEC filed a complaint against Blockvest and its founder for allegedly making unregistered securities offerings and using the SEC seal without permission.
Philippines Introduces Cryptocurrency Regulatory Framework Aimed at Investor Protection
The Philippines has become the latest nation to issue a cryptocurrency regulatory framework through the Cagayan Economic Zone Authority (CEZA), with the Asia Blockchain and Crypto Association (ABACA) becoming the self-regulatory organization to enforce the new regulations.
Without Regulation ICOs Unlikely to Disrupt Venture Capital According to OECD
This post was last updated on April 9th, 2020 at 06:42 pmIn its January report, the Organisation for Economic Co-Operation and Development (OECD) explained some of the intricacies of ICOs in modern finance.
TRON’s BitTorrent ICO Raises $7 Million in 15 Minutes
This post was last updated on November 7th, 2019 at 02:31 amBinance Launchpad, the token launch platform of Binance, conducted an ICO of TRON’s BitTorrent tokens (BTT) on January 28th., with tokens selling out in less than 15 minutes.
Meet the Crypto Cult, the Colorful Cast of Cryptocurrency’s Wild West
Over the past two years, crypto has often been referred to as the Wild West, and for good reason.
UK Takes Steps Towards Legal Clarity for Cryptos—Does Not See Utility Token As Securities
The United Kingdom’s Financial Conduct Authority (FCA) released a ‘consultation paper’ on January 23rd as part of its next step on working with crypto assets.
Binance’s ICO Platform Ready for Takeoff
This post was last updated on November 7th, 2019 at 06:01 amBinance will be holding initial coin offerings (ICOs) on the firm’s token sale platform Launchpad nearly every month in 2019.
Humor: New Cryptocurrency Aims to Reduce Energy Consumption from Christmas Lights
Americans and their Christmas lights consume a staggering amount of energy.
ICOs and the SEC’s Extraterritorial Jurisdiction: A Brief Primer
This post was last updated on April 17th, 2019 at 10:51 amIn just the last few months, the SEC has brought successful enforcement actions against EtherDelta, Paragon, Airfox, DJ Khaled and “Money” Mayweather himself, all predicated directly or indirectly on unregistered Initial Coin Offerings (“ICOs”).
Decentralization Is Not the Answer
This post was last updated on March 24th, 2020 at 07:01 amThese are turbulent days for crypto.
SEC Charges Floyd Mayweather and DJ Khaled for Unlawfully Promoting Fraudulent ICO
In a press release today, professional boxer Floyd Mayweather and music artist DJ Khaled were charged by the SEC for failing to disclose payments received for promoting an allegedly fraudulent ICO.
SEC Chair Jay Clayton: No Bitcoin ETFs Until There Is Greater Oversight; “Assume Your ICO is a Security”
This post was last updated on November 7th, 2019 at 02:53 amSecurities Exchange Commission Chair Jay Clayton is reluctant to add digital currency ETFs, including Bitcoin ETFs, over fears of market manipulation, centralization, and custody security.
Texas ICO Exterminators: Cryptocurrency Frauds Prosecuted as U.S. Crackdown Continues
Two more unscrupulous cryptocurrency scams were eliminated by Texas securities regulators.
ICOs Can Raise Up To $50 Million; Cryptocurrencies Now Taking Advantage of 2015 SEC Regulations
This post was last updated on November 26th, 2018 at 03:38 pmCompanies have only recently begun taking advantage of recent SEC regulations that allow projects to raise funds.
SEC Investigating Crypto Company Salt’s $50M Sale
This post was last updated on March 20th, 2020 at 01:37 amSalt Lending Holdings Inc, a lender that uses cryptocurrencies as collateral, is under investigation by the Securities and Exchange Commission (SEC) for a roughly $50 million dollar ICO it held in August 2017.
SEC Cryptocurrency Crackdown: Two More ICOs Penalized
In a press release today, the SEC has imposed civil penalties on two more ICOs.