Bookmarking Crypto Insights
Auto Added by WPeMatico
In this roundup, we cover a wide range of regulatory developments in the crypto space. Much has transpired in the U.S., including a new crypto bill, SEC’s proposal, lawmakers seeking answers from the IRS, and the state of Michigan signing several crypto bills into law. We also cover France’s first-approved initial coin offering, a proposal … Read more
The SEC has said it will rule on the Bitcoin and T-Bills ETF proposal from Wilshire Phoenix Fund by late February 2020 Go to Source Powered by WPeMatico
The 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 … Read more
U.S. SEC seeks public commentary on expansion of “accredited investor” status to more investors who can prove knowledge Go to Source Powered by WPeMatico
The U.S. SEC imposes a $250,000 penalty against Blockchain of Things, which may also have to refund up to $13 million netted in unregistered ICO Go to Source Powered by WPeMatico
TokenSoft hired Alex C. Levine as its chief legal officer to work on the firm’s regulatory compliance Go to Source Powered by WPeMatico
Shopin founder Eran Eyal pleads guilty to felony charges for running a fraudulent initial coin offering that raised more than $42 million Go to Source Powered by WPeMatico
Shopin Founder and CEO Eran Eyal allegedly spent $500,000 of investor funds on personal expenses Go to Source Powered by WPeMatico
U.S. SEC chairman Jay Clayton endorsed his agency’s regulatory policy on cryptocurrency despite the ICO controversy Go to Source Powered by WPeMatico
Many Initial Coin Offerings (ICOs) have been and are frauds. The state enables this con game in various ways, including the establishment of accredited investors and the regulation of businesses that sell equity. Shut off from the most lucrative aspects of investment, average people rush into the few sources of profit still available to them. … Read more