Gensler has made a show of cracking down on crypto companies that haven’t engaged in actual misconduct. When real fraud is taking place, he’s nowhere to be seen.
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Category: securities exchange commission
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The SEC shook Kraken down for $30M, but it doesn’t mean they had a case
Kraken agreed to a settlement with the SEC, but that didn’t change the law. Staking does not constitute a security.
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Institutions ‘moving very, very fast’ into Crypto: Coinbase exec
D’Agostino also said the recent battles between the SEC and CFTC is a good thing for crypto because it indicates that it will be a “vitally important piece of market structure” moving forward.
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Mining Giant Bitmain Confidentially Files for U.S.-Based IPO
According to reports, bitcoin mining manufacturer Bitmain Technologies confidentially filed for a U.S.-based initial public offering (IPO) with the Securities and Exchange Commission. The news follows the alleged removal of cofounder and executive director Micree Zhan and the recent announcement of a facility in Texas with the capacity to house 300MW of hashpower. Also read: […]
The post Mining Giant Bitmain Confidentially Files for U.S.-Based IPO appeared first on Bitcoin News.
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SEC Commissioner Suggests Excessive Crypto Regulation Hurts Growth
A commissioner at the US Securities and Exchange Commission (SEC) has said that the official regulation of cryptocurrencies could actually stunt the technology’s development. Hester Peirce’s comments come at a time when the SEC has been accused of acting contrarily and gives hope to those wanting governments to take a step back to prevent over-regulation […]
The post SEC Commissioner Suggests Excessive Crypto Regulation Hurts Growth appeared first on Bitcoin News.
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Fund Providers Insist There’s Enough Market Liquidity for a Bitcoin ETF
For years, bitcoin exchange traded funds (ETFs) have been struggling to get off the ground and receive approval from the U.S. Securities and Exchange Commission (SEC). Passive fund providers are now arguing there is sufficient market liquidity for a bitcoin ETF to be launched in 2019. Also read: SEC Wants Second Look at Nine Bitcoin ETFs […]
The post Fund Providers Insist There’s Enough Market Liquidity for a Bitcoin ETF appeared first on Bitcoin News.
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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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US Court Issues Emergency Order Halting a Planned Initial Coin Offering
An American court has put a stop to an initial coin offering (ICO) by a company claiming to offer “the first licensed and regulated tokenized crypto currency exchange & index fund based in the US.” The ICO promoters even invented their own regulatory authority, which seems to have really irked the regulators. Also Read: The […]
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Tempers Flare at Milken Institute Cryptocurrency Conference
Tempers flared during a cryptocurrency panel hosted at the Milken Institute 21st Global Conference, in Beverly Hills, California with discussions degenerating to profanity as Nouriel Roubini, also known as ‘Dr. Doom,’ described bitcoin’s purported decentralization as “bullshit.” In addition to the comedy of Mr. Roubini, the United States Commodity Futures Trading Commission (CFTC) chairman offered […]
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