Ripple CEO answers 5 key questions about the SEC lawsuit
Ripple’s CEO Brad Garlinghouse has responded to some of the community’s concerns surrounding the SEC’s $1.3 billion lawsuit against the firm. Go to Source Powered by WPeMatico
Securities
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Israeli Regulator Designates Utility Tokens Issued by Companies as Securities
The Israel Securities Authority (ISA) recently ruled that utility tokens issued by companies are securities and, therefore, cannot be classified as assets. The ISA’s decision comes after Israeli tech startup Kirobo sought to convince the regulator that its planned token issuance did not amount to a security offering. Token Value Growth However, in response to … Read more
Ripple Lawsuit Could Invoke Billions in Losses to ‘Innocent Third-Parties,’ Says Former SEC Commissioner
The crypto community is extremely curious about what will happen to Ripple Labs and the token asset XRP, after the U.S. Securities and Exchange Commission (SEC) recently filed a lawsuit against Ripple and two executives. On December 25, the large cryptocurrency exchange Bitstamp announced delisting XRP for U.S. customers, and a former SEC Commissioner thinks … Read more
Rapper T.I.’s associates to cough up $100K in FLiK token case with SEC
The settlement with the SEC came after the three were charged in September for their participation in “unregistered and fraudulent” ICOs. Go to Source Powered by WPeMatico
SEC leader touts record on digital assets on his way out the door
The outgoing SEC director first joined the agency in 2017. Go to Source Powered by WPeMatico
The SEC collected $1.26 billion from unregistered ICOs in 2020
In a record-breaking year, the SEC seized $4.68 billion — more than one-quarter of which came from cryptocurrency-related firms. Go to Source Powered by WPeMatico
Here’s What’s Actually Going on With the SEC and Republic’s STO
Republic is trying to swap one SEC exemption for another to move its security token from the private to public markets. Go to Source Powered by WPeMatico
Who’s Afraid of Security Tokens?: STO Ecosystem Starts to Deliver on 2018 Hype
Despite a number of choke points, development continues for both security tokens themselves and the market infrastructure to support them. Go to Source Powered by WPeMatico
Global Fintech Firm Launches Security Tokenization Platform
Fintech firm GSX Group says their securities tokenization platform is phase one of its global security token ecosystem. Go to Source Powered by WPeMatico
Kik and SEC Oppose Each Other’s Motions for Summary Judgment
Kik’s general counsel told Cointelegraph that the SEC’s case relies on its “poorly reasoned” suit against Telegram Go to Source Powered by WPeMatico