us sec
Block.one Settles with SEC to the Tune of $24 Million
Blacksburg startup Block.one has agreed to pay $24 million (HK$ 188 million) in fines to settle the allegations of unlawfully selling its ICO (initial coin offering) to US investors. The blockchain company had raised several billion dollars between 2017 and 2018 by selling its own digital currency.
Grayscale Files with US SEC to Convert GBTC Into Bitcoin Spot ETF
Grayscale believes that if the SEC approves a futures-based ETF, the agency should be open to approve the physical based ETFs.
US SEC Boss Gary Gensler Calls to Regulate DeFi Projects
The US Securities and Exchange Commission Chairman Gary Gensler is pushing to regulate the decentralized finance (DeFi) landscape. He recently said that DeFi is adequately organized and therefore needs regulatory compliance.
Allison Herren Lee Steps Down as US SEC Commissioner
Commissioner Allison Herren has departed the SEC. Her departure gives Biden more room to fill the role at the agency.
US Regulator Crypto Custody Proposal Opposed
The US SEC's proposal to amend its custody rule has faced opposition from the Blockchain Association and Andreessen Horowitz, who have filed letters criticising the rule's impact on investment advisers and its potential to curtail investment in digital assets. The SEC's proposal would apply more stringent rules on investment advisers in the custody of assets, including crypto.
What are the 7 Key Takeaways from Facebook's Libra Hearings?
The debate on Facebook's Libra continues with the hearing with Senate Banking Committee on 16 July and the United States House Committee of Financial Services on 17 July. Here are the 7 key takeaways from the two hearings.
US SEC Hiring Attorneys for Crypto Assets and Cyber Unit
The US SEC is hiring general attorneys in New York, San Francisco, and Washington D.C. for its Crypto Assets and Cyber Unit in the Division of Enforcement. The job will involve investigating crypto asset securities and cyber issues, drafting subpoenas, and questioning witnesses. This move comes after the SEC chairman Gary Gensler asked for $2.4 billion in funding to chase down crypto misconduct.
Coinbase CEO Defends Decision to License Analytics Platform to US Secret Service
CEO of Coinbase Brian Armstrong sold his blockchain analytics software to US Secret Service, and addressed any worries investors might have concerning privacy issues.
Cathie Wood’s Ark Investment Gets into Canadian Bitcoin ETFs As US SEC Delays Applications
Cathie Wood’s Ark Investment company has announced that it has invested into Canadian bitcoin ETFs. The firm’s move is likely influenced by delays and rejections of Bitcoin ETFs by the US SEC.
Exclusive: Gerard Dache, on the Two Contradictions of Facebook Libra
In part 2 of the interview, Gerard walked us through some of the recommended bills to the government in fostering blockchain innovation, such as the “Blockchain Promotion Act”. He then shared his views on the nature of Bitcoin and two contradictions of Facebook’s Libra.
Bittrex Faces Potential Legal Action from US SEC
Bittrex, a US-based cryptocurrency exchange, may face legal action from the US Securities and Exchange Commission (SEC) over alleged violations related to investor protection, despite preparing to shut down its local operations.
US SEC Issues Summons to Influencers Promoting HEX, PulseChain, PulseX
The crypto influencers are expected to fully cooperate with the SEC request.
What are the Top 5 Blockchain Market Events to Watch in Q2 2020?
Looking ahead to Q2 2020, what are the top 5 blockchain market events to watch? This article provides a simple guide for you!
SEC Charges Rapper T.I. for Role in Alleged Fraudulent ICOs
The SEC filed a complaint against T.I and four other individuals for selling unregistered and fraudulent cryptocurrency securities for two firms.
US SEC To Open New Office Dedicated to Crypto-Related Filings
The new crypto offices, which are under the SEC’s Division of Corporation Finance, will be tasked with reviewing disclosures for publicly traded firms.
CFTC Commissioner Brian Quintenz: US SEC Has No Authority Over Cryptocurrencies
The recent heated debate between the US SEC officials and the CFTC over who should police crypto tokens highlights the difficulty in applying existing regulations to the nascent sector.
Neuberger Berman Wins SEC Approval to Invest 5% Commodities Fund in Bitcoin Futures
Neuberger Berman has announced that its commodities fund can invest in Bitcoin futures and Bitcoin exchange-traded funds.
SEC Chair Gary Gensler Asks Congress to Regulate Crypto Exchanges
Gary Gensler, the chairman of the SEC, has urged US Congress to create a regulatory framework for crypto exchanges in the United States.
US SEC Likely to Delay Bitcoin Futures ETFs Until 2022: CFRA Investment Research Firm
According to CFRA ETF and mutual research firm, the US SEC is likely to delay decisions on whether to approve applications of Bitcoin futures ETFs until 2022.
FTX EU Launches Website for Customer Withdrawal Requests
FTX EU has launched a website for European customers to submit withdrawal requests following the global trading platform's collapse and bankruptcy in November 2022. The Cyprus Securities and Exchange Commission reportedly approved the new website domain name, which will only be used to pay back impacted customers and will not offer any products or services.
US SEC Chair Gary Gensler: Coinbase and Other Crypto Exchanges Must Register with Agency
After raising concerns over Coinbase’s lending product, US SEC Chairman Gary Gensler has once again reiterated that cryptocurrency exchanges should register with the commission.
Kraken Has No Plan to Delist Tokens Labeled as Securities by the SEC - Incoming CEO
Kraken said it won’t remove such tokens from its exchange because it does not offer securities to users.
9 Cryptos Named as Securities by SEC amid Coinbase Insider Trading Charges
The US SEC listed nine cryptocurrencies as securities in response to the first-ever insider trading case involving crypto tokens against a former Coinbase employee.
SEC Seeing 'Lots' of Crypto Firms are Non-Compliance: Gensler
Gensler commented on the development of the crypto space, saying that there are a lot of noncompliance firms in the industry that might put investors in endanger.
DeFi Exchange Developer Uniswap Labs Under Investigations by The US SEC
The US SEC is investigating the world’s largest decentralized finance exchange, Uniswap. The move is part of the regulator’s wider efforts to monitor and regulate DeFi projects.
Largest Weekly Inflows in Digital Assets in Over a Year, Led by Bitcoin
In a significant shift of sentiment, digital asset investment products experienced their largest single weekly inflows since July 2022, totaling a substantial $199 million, according to CoinShares report. This surge effectively corrected almost half of the prior nine consecutive weeks of outflows, signaling renewed investor confidence in the market.
Enigma Settles With US SEC Over Unregistered 2017 ICO
The US Securities and Exchange Commission (SEC) recently announced it has settled charges against blockchain startup Enigma MPC.
US SEC Shoots Down Latest Bitcoin ETF, Commissioner Crypto-Mom Dissents on Ruling
The US Securities and Exchange Commission (SEC) has rejected yet another bid for a bitcoin-based exchange-traded fund (ETF), this time from New York-based Wilshire Phoenix.
US SEC Rejects Bitwise Proposal to List Bitcoin ETF
The United States Securities and Exchange Commission (SEC) has rejected a proposal filed by Bitwise Asset Management to list a Bitcoin (BTC) exchange-traded fund (ETF).
SEC Makes ICO Token Sales More Inclusive, Not Enough For SEC Commissioner Hester Peirce
The US SEC has modernized their definition of an 'accredited investor' to consider not just an individual’s wealth, but their education.
US SEC Executive Who said Ethereum is Not a Security to Leave the Agency
The US SEC has announced that William Hinman, the current director of the Division of Corporate Finance, would leave the commission by the end of this year.
US SEC Charges “Bitcoiin2Gen” Executives with Defrauding Investors In $11.4 Million Crypto Scheme
Bitcoiin2Gen executives have been charged by the US SEC for allegedly securing millions from investors based on a crypto ICO scam shilled by Steven Seagal.
US SEC Reopens Rejected Bitwise BTC ETF For Review
The United States Securities and Exchange Commission (SEC) has announced that it will revisit and review its previous decision to reject Bitwise Asset Management and NYSE Arca’s filing for a Bitcoin (BTC) exchange-traded fund (ETF).
Crypto Mom Hester Peirce Officially Sworn in as SEC Commissioner
Crypto Mom and blockchain forward SEC Commissioner Hester Peirce has been sworn in for a second term at the US SEC.
Telegram Agrees to Turn Over ICO Documents To SEC
Telegram has agreed to provide the SEC with ICO Documents.
US SEC Releases List of Suspicious Crypto Firms Targeting International Investors
The US SEC has issued a list of fake crypto firms that majorly target non-US investors. The regulator has warned investors to beware of “red flag” signs of potential crypto fraud.
US SEC Releases Guidelines for Digital Asset Securities as Exchanges Scramble to Delist XRP
US Securities and Exchange Commission (SEC) has issued a statement to indicate that it is open to comment from the crypto industry regarding digital asset securities.
NAC Foudation Accuses US SEC of Misleading Court in AML BitCoin Case
The legal battle between The NAC Foundation and the SEC is still far from over, and the Foundation argues that the SEC misled the court in its ongoing case against AML Bitcoin.