Bookmarking Crypto Insights
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The Securities and Exchange Commission’s head of the Division of Corporate Finance, William Hinman, stated during the Yahoo All Markets Summit today in San Francisco that cryptocurrencies like BTC and ETH are not securities. Soon after the SEC executive made the statements, cryptocurrency markets saw some gains as BTC rose $350 immediately after the news … Read more
Whether or not Ether is sanctioned as a currency under US jurisdiction has been a major point of speculation and uncertainty since the SEC first began its more active stance on cryptocurrencies and ICOs. As the Ethereum platform represents one of the first major ICOs, the future of platform rested majorly on the SEC’s interpretation … Read more
A senior U.S. regulator has stated that Ethereum “in its present state” is not a security under U.S. law Go to Source Powered by WPeMatico
The Thai financial regulator is expected to approve five ICO projects once the new regulatory framework takes effect this month. Out of 50 ICO projects in the country, only five satisfy the registration requirements set out by the regulator this week. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Five ICO Projects Expected to … Read more
Who is Ms. Szczepanik? Go to Source Powered by WPeMatico
In recent regulatory news, Brett Redfearn, the director of the United States Securities and Exchange Commission (SEC)’s Division of Trading and Markets, has described the self-reporting efforts of cryptocurrency exchanges as “underwhelm[ing],” Hydro-Quebec has again suspended new applications from mining companies seeking to operate in the province, and the SEC has published a new page … Read more
The SEC is very concerned about the possibility of market manipulation in certain crypto trading venues, a senior regulator revealed in an interview with CNBC. Brett Redfearn, the Director of Division and Trading at the SEC, shared insights on the state of crypto industry regulation, ranging from the categorization of assets as commodities or securities, … Read more
For those calling for the end of the bear cycle- hold tight a little longer. Following the extended sideways market movements, a price explosion was imminent. Unfortunately, this action took place in favor of sellers, as Bitcoin continues to tumble over the course of the past 24 hours. Altcoins have similarly followed suit. Last night, … Read more
The initial coin offering industry has attracted plenty of attention from regulators all over the world. Especially in the United States, there appears to be a major crackdown on schemes which violate securities laws. Even so, the SEC remains surprised as to how few exchanges self-report when it comes to trading ICO tokens. The ICO … Read more
Cryptocurrencies that are developed with the aim of replacing sovereign currencies such as the US dollar or the Japanese yen like Bitcoin are not securities. This is according to Jay Clayton, the chairman of the US Securities and Exchange Commission. In an interview with CNBC, Clayton also stated that most of the ICOs currently in … Read more