International Cooperation ‘Critical’ to SEC Action Against ICOs

post-img

Read More

Steven Peikin, co-director of the enforcement division of the U.S. Securities and Exchange Commission (SEC), recently described international cooperation as playing a critical role in facilitating investigations in the initial coin offering (ICO) sector. Also Read: Chinese Miners Short BTC Markets to Hedge Against Falling Prices  ‘Daunting Task’ of Identifying Misconduct Speaking at Harvard Law School,…

SEC Chair Explains Key Upgrades Needed for Bitcoin ETF Approval

post-img

Read More

The chairman of the U.S. Securities and Exchange Commission (SEC) has outlined the key changes in cryptocurrency markets he needs to see before he is comfortable with a bitcoin ETF. While some solutions to the problems he mentioned have already been implemented, the chairman insists on seeing more improvements. Also read: Indian Supreme Court Moves Crypto Hearing,…

Indiegogo Facilitates Issuance of Securities Tokens

Indiegogo Facilitates Issuance of Securities Tokens

Read More

Indiegogo, a popular crowdfunding website, is allowing an Aspen-based luxury ski resort to issue and distribute securities tokens via its platform. The hotel is seeking to raise $18 million USD through the offering – which Indiegogo has claimed is fully compliant with all pertinent regulations. Also Read: $1.1 Million Landmark Crypto Fraud Case Establishes CFTC Jurisdiction…

SEC Fines and Permanently Bars Founder of Fraudulent Oil Exploration Token

SEC Fines and Permanently Bars Founder of Fraudulent Oil Exploration Token

Read More

The U.S. Securities and Exchange Commission (SEC) has taken action against an oil and gas exploration company and its founder who “perpetrated a fraudulent initial coin offering (ICO) to fund oil exploration and drilling in California.” The token sale failed to raise money but the tokens were issued as part of a bounty program, which…

Regulations Round-Up: CFTC Rejects FOIA Request, SEC Not Modifying Securities Laws

Regulations Round-Up: CFTC Rejects FOIA Request, SEC Not Modifying Securities Laws

Read More

In recent regulatory news, the United States Commodity Futures Trading Commission (CFTC) has rejected a Freedom of Information Act (FOIA) request regarding the subpoenas recently received by Bitfinex and Tether; the United States Securities and Exchanges (SEC) Chairman, Jay Clayton, has indicated that the regulator will not alter existing securities legislation to cater to cryptocurrencies.…