SEC Proposes to Simplify ‘Complex and Confusing’ Exempt Offering Rules
The SEC wants to improve the complex and confusing rules governing ICOs and other security offerings Go to Source Powered by WPeMatico
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Chicago Startup Fintank Aims to Launch a Crypto Self-Regulatory Organization
FinTank, a Chicago-based fintech organization, aims to start a national SRO to provide regulatory clarity in crypto Go to Source Powered by WPeMatico
MoneyGram Declared $11.3 Million Ripple Cash Injection as Revenue
MoneyGram previously declared $11.3 million in “Ripple market development fees” as revenue Go to Source Powered by WPeMatico
Hester Peirce’s Last Effort at SEC as Wilshire Phoenix BTC ETF Is Rejected
The SEC commissioner Hester Peirce slams the SEC for the unfair treatment of BTC-related products Go to Source Powered by WPeMatico
Wilshire Phoenix Slams SEC for Bitcoin ETF Rejection
Wilshire Phoenix has taken aim at the SEC for rejecting its Bitcoin ETF, arguing that a regulated product would offer US investors a safer way to access exposure to crypto Go to Source Powered by WPeMatico
SEC Karate-Chops Steven Seagal Over Promoting Cryptocurrency Touted as the Next Gen Bitcoin
The U.S. Securities and Exchange Commission (SEC) has charged actor Steven Seagal for unlawfully promoting a cryptocurrency investment scheme claiming to be “the next generation of bitcoin.” Seagal failed to disclose that he was being compensated in cash and crypto by Bitcoiin2gen, or B2G, for marketing its token offering, such as on Twitter and Facebook. … Read more
Steven Seagal Charged by SEC for Promoting 2018 ICO
Steven Seagal was charged by the SEC for promoting Bitcoiin2Gen, a 2018 ICO Go to Source Powered by WPeMatico
Court Rejects Ripple’s Bid to Dismiss Class Action Lawsuit Filed by XRP Investors
A court case that has the future of XRP at stake continues after Ripple’s motion to dismiss it was rejected by a court in California. The plaintiffs claim that the blockchain company sold the coin as an unregistered security and demand compensation. Ripple tried to avoid the case with its defense team insisting the lawsuit … Read more
Crypto Derivatives: CME Volume Crashes 89% in 3 Days, SEC to Rule on ETF
Trade volume for CME Bitcoin futures contracts have evaporated in recent days. The slump following a six-week increase of 500% Go to Source Powered by WPeMatico
Wells Fargo Fined $3 Billion for 15 Years of Illegal Practices Affecting Millions of Customers
Wells Fargo, one of the largest U.S. financial services companies, has agreed to pay $3 billion to resolve the U.S. government’s investigations into fraudulent sales practices spanning over 15 years. The Wells Fargo fraud case involved the company forging customer signatures, moving money from millions of customer accounts to unauthorized accounts, and misusing customers’ sensitive … Read more
