Tag: SEC

The heads of three U.S. financial regulators warned the Crypto Industry to abide by banking laws in a joint statement published Friday. The statement, signed by Commodity Futures Trading Commission (CFTC) Chairman Heath Tarbert, Financial Crimes Enforcement Network (FinCEN) Director Kenneth Blanco and Securities and Exchange Commission (SEC) Chairman Jay Clayton, “reminds” actors in the […]

The Securities and Exchange Commission (SEC) in a recent announcement has filed an emergency action against Telegram ICO and obtained a temporary restraining order against two major offshore entities backing Telegram’s TON digital token offering. Are Telegram ICO Tokens Securities? Per Telegram’s plan of action, it had promised the delivery of Gram tokens to initial […]

American taxpayers are delighted to learn the regulator of the banking industry, of corporations, and of much of the economy, has so much to do that they decided to write an entire book on bitcoin to say no to yet another ETF application. Excited at the opportunity to repeat for the 100th time what was […]

The US Security and Exchange Commission (SEC) under the leadership of Chairman Jay Clayton will never approve a bitcoin ETF ( exchange-traded fund ), believes Jake Chervinsky of New York-based Kobre & Kim, LLP. The general counsel noted that Clayton and his team look at bitcoin as an asset that remains “susceptible to manipulation and […]

Bitwise Asset Management and NYSE Arca have confirmed they will refile their application for a Bitcoin ETF ( exchange-traded fund ) after United States regulators rejected it. Bitwise Bitcoin ETF: We intend to refile According to a news release published on Oct. 9, the companies said that while the U.S. Securities and Exchange Commission (SEC) […]

The U.S. Securities and Exchange Commission (SEC) announced it has entered into settlement discussions with Fraudulent ICO organizer Reggie Middleton, the $14.8 million Veritaseum (VERI) initial coin offering (ICO). In a filing with the New York Eastern District Court, published Oct. 2, the regulator said discussions with the defendants have taken place ahead of a […]

The U.S. Securities and Exchange Commission (SEC) rejects the latest attempt at creating a bitcoin exchange-traded fund (ETF). The SEC announced Wednesday that the ETF proposal, filed by Bitwise Asset Management in conjunction with NYSE Arca, did not meet legal requirements to prevent market manipulation or other illicit activities. The SEC placed the burden on […]

The Bitcoin ETF proposal and the question of whether it will get the SEC’s approval has been one of the key to regular Investors and talking points of 2019. Several Bitcoin ETF proposals have been submitted to the SEC by institutions such as VanECK Securities, SolidX Management and Bitwise, but none of them have received […]

Bitcoin ETF, Executives at Bitwise Asset Management are highly optimistic as the deadline for the United States Securities and Exchange Commission’s (SEC) decision on their proposed Bitcoin (BTC) exchange-traded fund (ETF) looms on the horizon. Days ahead of the Oct. 13 deadline, an Oct. 7 CNBC report cites Matt Hougan, managing director and global head […]

The United States Securities and Exchange Commission (SEC) has yet again officially stated that Bitcoin (BTC) is not a security. In a letter to Cipher Technologies Bitcoin Fund dated Oct. 1 the SEC declined the investment company’s registration statement on the grounds (among others) that Bitcoin is not a security. Per the letter, Cipher attempted […]