The Securities and Exchange Commission has charged two companies who they claim were operating fraudulent ICOs; REcoin Group Foundation and DRC World were claimed to defraud investors and sold unregistered securities; both companies claimed they had significant operations and networks when in reality they were shell companies; this continues a worldwide trend by financial regulators who are beginning to come down on the exploding ICO market. Source.
There are more than 35 cryptocurrency startups who have applied to become regulated but are stuck in limbo due to...
In March the Securities and Exchange Commission denied approval for a Bitcoin ETF by the Winklevoss twins because they said too many bitcoin markets were unregulated; with recent futures markets at the CBOE and CME starting there is new hope for ETF approvals; previous filings for ETFs are now being refilled and newer ETFs are being filed as recently as late last week; there has been similar products in Canada and Switzerland with both trading at premiums. Source.
The U.S. Securities and Exchange Commission launched a mock ICO to help educate investors; the HoweyCoin, named after the Howey...
The Securities and Exchange Commission voted to finalize rules that require brokers and investment advisers to act in the best...
There are currently no active bitcoin ETF proposals in front of the SEC with VanEck, SolidX and Cboe BZX Exchange withdrawing...
The SEC’s new cybersecurity rule can protect investors and ensure companies take security seriously. But it creates as many questions as it answers.
The Securities and Exchange Commission fined online lender Prosper late last week for inflating returns to more than 30,000 investors;...
The Securities and Exchange Commission proposed significant changes to crowdfunding and Reg A+ in a big to boost the use...
The U.S. Securities and Exchange Commission has filed a lawsuit against Canadian messaging app Kik over their $100mn initial coin...