Securities

Exchanges

Crypto Startup Uphold Moves to Become Licensed U.S. Broker-Dealer

Digital money platform Uphold is looking to become a Finra-registered broker-dealer following a new acquisition, the company says.

Business  ·  27 June 2018
Regulation

US Congressman: SEC’s Stance on Ether Is ‘Encouraging’

Republican Congressman Tom Emmer has praised the SEC for its recent comment indicating that ether is not a security.

Policy & regulation  ·  22 June 2018
Blockchain

Nasdaq Blockchain Trial Resolves Margin Calls ‘in Minutes’

A group of industry stakeholders is trialing a blockchain system designed to more efficiently cover margin calls in securities trading.

Markets  ·  20 June 2018
Securities

JD.com’s Finance Arm to Issue Asset-Backed Securities on a Blockchain

JD Finance, a subsidiary of Chinese e-commerce giant JD.com, has announced a pilot issuance of asset-backed securities over a blockchain.

Business  ·  13 June 2018
Coinbase

Coinbase ‘On Track’ to Become a Regulated Securities Firm

Coinbase announced Wednesday that it was acquiring three financial services firms in a bid to receive a federal securities license.

Markets  ·  6 June 2018
Tezos

Bitcoin Brokerage Denies Tezos ICO Involvement in Court Filing

Bitcoin Suisse AG, a cryptocurrency brokerage listed as a defendant in a lawsuit against Tezos, has filed a motion to dismiss the case against it.

Policy & regulation  ·  22 May 2018
Regulation

Jennifer Aniston, Prince Charles Falsely Used to Promote Crypto Scam

Texas' securities regulator has issued a cease-and-desist to a crypto investment scheme that faked endorsements from high-profile individuals.

Policy & regulation  ·  16 May 2018
Banking

Bank of Canada’s DLT Trial Shows Instant Securities Settlement Possible

The latest "Project Jasper" tests have shown that distributed ledgers are effective at automating securities settlements in real-time.

Business  ·  11 May 2018
Regulation

White Shoe to Wild West: Lawyers to Launch Blockchain-Only Law Firm

A former Digital Asset executive and a long-time securities lawyer have started a new law firm that will focus exclusively on blockchain clients.

Policy & regulation  ·  11 May 2018
Regulation

SEC Commissioner Cautions Against ‘Blanket’ ICO Classification

U.S. Securities Exchange Commissioner Hester Peirce advocated against blockchain sandboxes and 'blanket' classifications of ICOs.

Policy & regulation  ·  9 May 2018
Regulation

Security or Currency? Jury to Decide In ICO Fraud Case

A jury will decide whether tokens issued through two allegedly fraudulent initial coin offerings (ICOs) count as securities.

Policy & regulation  ·  8 May 2018
Regulation

Investor Sues Ripple Alleging ‘XRP Is a Security’

An investor is suing Ripple Labs, claiming that XRP is a security pertaining to the startup.

Policy & regulation  ·  4 May 2018
Regulation

Fear and HODLing at MIT: Blockchain Experts Weigh Impact of SEC Action

The SEC may cast an even wider net on the crypto space than thought just a week ago, but many remain optimistic about regulators’ growing involvement.

Policy & regulation  ·  24 April 2018
Investments

A16z, Founders Fund Back $28 Million Raise for Tokenized Securities Startup

Tokenized securities startup Harbor has secured $28 million in funding from major Silicon Valley venture capital firms.

Business  ·  17 April 2018
Regulation

Cloud Mining Contracts Are Securities, Says Philippines SEC

The Philippines securities watchdog has warned that it will regulate cryptocurrency cloud mining contracts under existing securities rules.

Policy & regulation  ·  11 April 2018