SEC

SEC Disapproves 9 Bitcoin ETF Applications

 Three different orders published by the U.S. Securities and Exchange Commission (SEC)  on Wednesday revealed that a total of nine proposals to list and trade different Bitcoin (BTC) exchange-traded funds (ETFs) from three different applicants has ... [Read More]
August 23, 2018

ICO Claiming False Endorsements From Verizon, PayPal, Others Halted By SEC

 The U.S SEC announced yesterday that it has been able to obtain a court order to stop the activities of an ICO that has defrauded investors. This information was contained in a press release by the US Securities and Exchange Commission (SEC), which ... [Read More]
May 30, 2018

SEC is Focused on Protecting Investors From Fraudulent ICOs: SEC Commissioner

 The U.S Securities and Exchange Commission (SEC) is of the opinion that all ICOs should be regulated as securities when poised with the question if the commission will ban or regulate the ICO market, the SEC commissioner stated that he isn’t ... [Read More]
May 1, 2018

Massachusetts’s SEC Shuts Down Five ICOs

 Regulators in the state of Massachusetts have yesterday ordered five companies to stop all sales related to ICO. The top regulator in the state, William Galvin has ordered five companies to stop their ICOs, alleging that the ICOs is operated ... [Read More]
March 29, 2018

U.S Regulators Believe Crypto Markets Need Similar Principles To Stock Market

 The U.S SEC is of the belief that crypto exchange platforms could improve if they implemented the same principles as the stock markets. Crypto Market Is a Wild West Several regulators and financial experts are of the view that the crypto markets ... [Read More]
March 26, 2018

Giancarlo: US Regulators Collaborating With Foreign Counterpart to Combat Crypto Fraud

 Regulatory agencies in the US have begun working with their counterparts abroad as they look to combat cryptocurrency fraud. This statement was made by the Chairman of the Commodity Futures Trading Commission (CFTC), J. Christopher Giancarlo on ... [Read More]
March 9, 2018

Bitcoin Slumps As SEC Classifies Exchanges As Securities And Demand Registeration

 The price of Bitcoin has plunged below the $10,000 psychological mark after the U.S Securities and Exchange Commission demanded that cryptocurrency exchanges need to register. Cryptocurrencies Officially Defined as Securities The commission ... [Read More]
March 8, 2018

U.S SEC Issues Subpoenas To Crypto-Related Companies As They Look To Route Out Fraud

 Yesterday, the United States Securities and Exchange Commission issued subpoenas to cryptocurrency and blockchain based technology companies demanding information as they look to control fundraising by this countries. This was according to The Wall ... [Read More]
March 1, 2018

Thailand’s TDAX Suspends Trading As They Await SEC Regulations

 Thai exchange TDAX early this morning announced that it has postponed registration on its platform while also suspending trading as they await clear regulation framework from SEC. The platform has also had its account shut down due to lack of proper ... [Read More]
February 26, 2018

CFTC Chairman Giancarlo Advises Government to Adopt a Do No Harm” Approach

 The chairman of the Commodity Futures Trading Commission (CFTC), J. Christopher Giancarlo, yesterday presented a written summary to the U.S Senate Committee on Banking. Giancarlo suggested that the government should adopt a do no harm” registrat... [Read More]
February 6, 2018