Dec 17, 2019 at 09:28
SEC Charges $42 Mln ICO with Trading Unlicensed Securities
In the due course of searching for fake initial coin offerings (ICO), the United States Securities and Exchange Commission (US SEC), the authority in charge of monitoring and regulating electronic securities, has managed to charge another blockchain and distributed ledger tech (DLT) initiative with cheating a massive number of investors, to collect around $42 million.
Sep 27, 2019 at 09:53
A Guide for Successful Securitized Token Offerings in Europe
Securitized token offerings (STOs) are the new trend in the cryptocurrency sector being looked at by institutional investors as a feasible way of raising funds. Nevertheless, there are a totally dissimilar piece of regulations in various countries and continents to be put into consideration before rolling out an STO. For instance, the environment for STOs in Europe is more friendly than that in the United States of America under the US Securities and Exchange Commission (SEC). Let’s look at an expert guide to roll out a fruitful STO in Europe.
Cryptocurrency ETFs Might Bypass SEC’s Postponement
Several Bitcoin (BTC), cryptocurrency and blockchain advocates have been trying, without much success, to get regulatory authorization for funds so that cryptocurrency like bitcoin can be brought to potential investors. Two giant companies are now considering using a temporary fix.
Another Bitcoin ETF Suspended: How Long Must We Wait?
The United States (US) Securities and Exchange Commission (SEC) postponed another VanEck Bitcoin ETF approval, as per an authorized SEC filing on Monday. The US SEC, one of the agencies in charge of implementing federal securities law, as well as regulating the securities sector, stock and exchanges such as digital securities markets, said that it still needs time to collect more key information.
Bahamas to Regulate Cryptocurrency and Token Sale
Bahamas plans to introduce strong regulations for token and cryptocurrency sales, intending to make the country a better place for digital currency and blockchain businesses. The Securities Commission officially filed a draft of the bill back in March seeking to regulate token offerings that are not considered securities.
Thailand SEC Approves ICO Portal for Crypto Projects
The Thai SEC officially approved the first initial coin offering (ICO) portal on Tuesday, March 12, according to local news outlet Bangkok Post. The operator behind this ICO portal is reportedly a foreign entity. The appropriated portal would screen several ICOs projects.
Texas HB 4371 Demands Identification of Crypto Payments
The Texas Republican senior representative Phil Stephenson has filed a bill regarding crypto payments, which proposes that each user who pays using virtual currencies such as Bitcoin, Ether, Ripple, EOS and others must provide their authentic identification.