Cryptocurrency ETFs: SEC Wants to Facilitate Tokenized Products

Cryptocurrency ETFs: SEC Wants to Facilitate Tokenized ProductsThe U.S. Securities and Exchange Commission (SEC) wants to facilitate tokenized exchange-traded funds (ETFs), according to chairman Jay Clayton. The agency is collaborating with other U.S. regulators to determine how to regulate different crypto products. SEC Open to Tokenization of ETFs SEC Chairman Jay Clayton talked about the commission’s approach to regulating crypto products during […]

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SEC Redefines Accredited Investors to Include Those With Proven Knowledge

SEC Redefines Accredited Investors to Include Those With Proven KnowledgeThe U.S. Securities and Exchange Commission (SEC) has amended the definition of accredited investors, such as to include those with proven financial knowledge. The broader definition will enable more people to invest in private offerings of cryptocurrency investments. SEC’s New Accredited Investor Definition The SEC announced Wednesday that it has adopted amendments to the definition […]

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SEC to Boost Access to Crypto Investments With Proposed New Accredited Investor Definition

SEC to Boost Access to Crypto Investments With Proposed New Accredited Investor DefinitionThe U.S. Securities and Exchange Commission (SEC) has proposed amending the definition of “accredited investor” — a move that will increase access to regulated cryptocurrency investments. A number of them are currently only available to accredited investors. Among other changes, a person can qualify based on professional knowledge, experience, or certifications. Also read: Lagarde Sees […]

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Where US Regulators Stand on Crypto Assets

Where US Regulators Stand on Crypto AssetsThe U.S. has many regulators responsible for overseeing different aspects of crypto assets, each with its own stance on how they should be regulated. Major regulators in the U.S. with strong opinions on cryptocurrency include the SEC, the CFTC, the Federal Reserve, Fincen, and the IRS. Also read: Tax Guide: What Crypto Owners Should Know […]

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SEC Commissioner Speaks Positively About Digital Assets Despite Recent Enforcement Flurry

SEC Commissioner Speaks Positively About Digital Assets Despite Recent Enforcement FlurryThe U.S. Securities and Exchange Commission (SEC) regularly draws the ire of crypto proponents who are frustrated at its failure to support innovation and entrepreneurship. Despite this, some have warmed to the agency’s opinionated commissioner Hester Peirce, who has adopted the moniker of “Crypto Mom.” At a compliance conference this week, Peirce spoke positively about […]

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SEC Chairman Confirms Cryptocurrencies Like Ethereum Are Not Securities

SEC Chairman Confirms Cryptocurrencies Like Ethereum Are Not SecuritiesOn March 12, the cryptocurrency and blockchain legislative advocacy group Coincenter published correspondence between the Securities and Exchange Commission (SEC) chairman Jay Clayton and representative Ted Budd. The letter explains that Clayton and the SEC’s staff analysis confirms that Ethereum and similar cryptocurrencies are not subject to securities laws. Also read: Cointext Adds the Ability […]

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Analysis: Understanding the SEC’s Stance on Crypto

Last year the U.S. Securities Exchange Commission took enforcement action against initial coin offerings and other crypto companies perpetrating fraud. Many believe 2019 will be the year when regulators clamp down on rogue cryptocurrency operators. Here we decode the overlapping and occasionally contradictory stance taken by U.S. regulators, and consider what the market can expect. […]

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Crypto Price Watch: Another Sluggish Day For the Market Sees ETH, BTC, XRP Lose Around 1%

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At press time, the altcoin sector has once failed to garner positive momentum, with nine out of the top-10 altcoins in the market currently seeing “red’’. The only currency in the top-10 to have remained in the ‘green zone’ since yesterday was Tether (USDT)— who witnessed a small spike of 0.40% in its value. Why are […]

The post Crypto Price Watch: Another Sluggish Day For the Market Sees ETH, BTC, XRP Lose Around 1% appeared first on NullTX.

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Hundreds of ICOs Being Secretly Investigated by SEC, Claims Report

'Secret' US Investigations into 'Hundreds' of ICOs, SEC 'Tightens Noose,' According to ReportHundreds of startups are reportedly being “secretly” targeted by the U.S. Securities and Exchange Commission for their involvement with initial coin offerings. Companies that participated in ICOs are now scrambling to clarify whether their token constituted a security, and, if so, whether it was properly registered with or exempted by the SEC. Also read: Europe, […]

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Billions of Dollars ICO Industry is Governed by Securities Law, Judge Rules

Billions of Dollars ICO Industry is Governed by Securities Law, Judge RulesU.S. V. Zaslavskiy, 17-cr-0647, U.S. District Court for the Eastern District of New York (Brooklyn), just might go down as a definitive case for cryptocurrency enthusiasts. Many, many billions of dollars generated through initial coin offerings (ICOs) are now, according to a federal judge, considered under the jurisdiction of securities laws. Also read: Philippines Okays […]

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