Securities and Exchange Commission

XRP

An SEC Victory in Ripple Case Would Render XRP ‘Untradeable,’ Market Pros Say

Already, CrossTower, a small exchange that opened in June, has delisted the cryptocurrency.

Markets  ·  22 December 2020
Securities and Exchange Commission

Promoters of Rapper TI’s 2017 ICO Ordered to Pay $103K Penalty

The associates are also barred from selling digital securities for five years.

News  ·  18 November 2020
Ethereum

Grayscale’s Ethereum Trust Granted SEC Reporting Company Status

Institutional bitcoin investors are looking at "how else they can diversify within the asset class," said Michael Sonnenshein.

Business  ·  12 October 2020
China

Ripple’s Larsen Says US at Risk of Losing Stewardship of Global Financial System to China, Disses SEC

Chris Larsen, Ripple co-founder and chairman of the payments technology company’s board of directors, said China’s “itching” to be the one that designs the next financial system and that the U.S. is “woefully behind.” See also: SEC Will Be Forced to Give Crypto Guidance Despite Bureaucracy, Risk-Avoidance: Peirce

Policy & regulation  ·  11 October 2020
CoinFlash

SEC Registered Broker-Dealer Is Launching a Security Token-Friendly Platform

As a registered broker-dealer, Watchdog Capital said it is in a position to offer a whole host of SEC-exempted offerings for security tokens.

News  ·  23 July 2020
Securities and Exchange Commission

SEC Commissioner Peirce Blasts Regulator’s Action Against Telegram

"Crypto Mom" took no prisoners in her fiery rebuke of the SEC's Telegram action.

News  ·  21 July 2020
Securities and Exchange Commission

Telegram’s Defeat Isn’t ‘Binding’ in Kik Case, Judge Tells SEC

Kik's proverbial day in court may take a lot longer than Telegram's, if the judge’s response to the SEC during a hearing this week is any indication.

News  ·  10 July 2020
Fraud

Alleged Shopin ICO Fraudster Pays $450K Fine in Ether

Eran Eyal, who raised $42 million in an allegedly fraudulent initial coin offering, settled charges with the SEC and paid a $450,000 fine in ether.

News  ·  23 June 2020
TokenSoft

Tokenized US T-Bond Fund Seeks Foothold in $17T Market

The crypto industry is taking aim at one of Wall Street’s oldest redoubts: investing in the $17 trillion market for U.S. Treasury bonds.

Markets  ·  26 February 2020
Securities and Exchange Commission

Why the SEC Asked Blockforce Capital to Pull a Bitcoin ETF Proposal as Soon as It Was Filed

Reality Shares ETF Trust, a branch of Blockforce Capital, filed an ETF proposal under the condition that it would pull the proposal after one day.

Business  ·  23 December 2019
Token Sales

SEC Reveals Telegram’s Communications With Investors, Seeks to Question Advisor

The U.S. Securities and Exchange Commission (SEC) wants Telegram’s former chief investment advisor to testify and hand over documents related to the company's $1.7 billion 2018 token sale.

Policy & regulation  ·  6 December 2019
Exchanges

SEC Chair Clayton: Bitcoin Needs ‘Better Regulation’ Before Major Exchange Listing

Better regulation is needed around bitcoin markets before they can be traded on major exchanges, the head of the SEC said on Thursday.

Policy & regulation  ·  19 September 2019
Securities and Exchange Commission

SEC Chair Clayton: Would-Be Bitcoin ETFs Have ‘Work Left to Be Done’

There is “work left to be done” to address the SEC's concerns about bitcoin ETFs, its chairman said weeks before the deadline to approve or reject two proposals.

Markets  ·  9 September 2019
ICOs

SEC Settles With ICO Service Over Undisclosed Payments for Reviews

ICORating agreed to pay $106,998 in interest and a civil penalty of $162,000 without commenting on the SEC's findings.

Markets  ·  20 August 2019
Regulation

SEC Issues First ‘No-Action’ Letter Clearing ICO to Sell Tokens in US

The U.S. Securities and Exchange Commission (SEC) has issued a "no-action" letter to TurnKey Jet, Inc., agreeing that tokens used by the startup are not securities.

Markets  ·  3 April 2019