SEC Advisor Says Some Stabecoins Might be Violating Securities LawsIn what could be a new turn in the discussion about the legal status of stablecoins, the U.S. Securities and Exchange Commission’s advisor for Digital Assets, Valerie Szczepanik suggested that certain types of stablecoins “could raise issues under securities laws.”
SEC Chairman Agrees Cryptocurrencies Like Ethereum Are Not SecuritiesU.S. Securities and Exchange Commission (SEC) chairman Jay Clayton confirmed an existing analysis stating that the world’s second-largest cryptocurrency and other tokens of similar characteristics did not fall within the securities category under SEC standards.
SEC to Decide on NYSE Arca and Bitwise Bitcoin ETF Before End of March 2019The U.S. Securities and Exchange Commission (SEC) has announced it is starting to review a rule change proposal filed by NYSE Arca and Bitwise Asset Management in regard to launch of a Bitcoin exchange-traded fund (ETF).
Erik Voorhees and Salt Lending Investigated by SEC – ReportBitcoin loans startup Salt Lending and its former CEO, Erik Voorhees, are said to be under investigation by the U.S. Securities and Exchange Commission (SEC).
SEC Cyber Security Chief Makes Warning to Decentralized Cryptocurrency ExchangesUsing any blockchain to create an exchange without central operations doesn’t remove the original creator’s responsibility. This was the warning Robert Cohen, the chief of the SEC’s newly created cyber unit, made in the wake of the charges the U.S. securities regulator had filed against Zachary Coburn, the founder of EtherDelta, an Ethereum-based decentralized exchange.
SEC Charges EtherDelta’s Founder with Operating an Unregistered ExchangeThe U.S. Securities and Exchange Commission (SEC) has charged Zachary Coburn, the founder of crypto token trading platform EtherDelta, with operating an unregistered securities exchange.
SEC’s Strategic Hub for Innovation and Financial Technology to Guide Crypto StartupsThe U.S. Securities and Exchange Commission (SEC) has launched Strategic Hub for Innovation and Financial Technology (FinHub), a new division with the goal of making it simpler for fintech and blockchain startups to navigate the legal implications of their products.
1Broker Crypto Platform Hit With SEC, CFTC Charges, Claims Funds are SafeThe U.S. Securities and Exchange Commission (SEC) along with the Commodity Futures Trading Commission (CFTC) are suing a Marshall Islands-based securities dealer 1Broker for allegedly violating federal law through a Bitcoin-based security swap scheme.
SEC Delays Van Eck-Solid X Bitcoin ETF Decision, Wants More CommentsThe U.S. Securities and Exchange Commission (SEC) has once again delayed its decision on VanEck/Solid X backed exchange-traded fund (ETF).
SEC Suspends Trading of XBT Provider’s Bitcoin and Ether Exchange-Traded ProductThe U.S. Securities and Exchange Commission (SEC) issued an “Order of Suspension of Trading” for Bitcoin Tracker One (“CXBTF”) and Ether Tracker One (“CETHF”) issued by Swedish company XBT Provider AB.
SEC to Review Latest Decision to Reject Nine Bitcoin ETF ApplicationsThe U.S. Securities and Exchange Commission said on Thursday, August 23, it will review a decision by its staff to block nine Bitcoin-based exchange-traded funds (ETFs) from coming to market.
SEC Rejects ProShares and Seven Other Bitcoin ETFsThe U.S. Securities and Exchange Commission has again disapproved several proposals for a Bitcoin ETF. The latest rejection involves two ETFs filed by ProShares that would track Bitcoin futures contracts, another from GraniteShares, and five leveraged and inverse ETFs from Direxion.