SEC

On Friday, July 27, the U.S Securities and Exchange Commission (SEC) disallowed the Winklevoss Bitcoin ETF leading the Bitcoin price to fall by almost 4 percent.

The Securities and Exchange Commission (SEC) received a court order to charge Titanium Blockchain Infrastructure Services (TBIS) with fraud, Forbes reported on Tuesday, May 29. The blockchain technology company allegedly broke laws imposed by federal securities in a $21 million crypto trading scam.

Coin Idol TV news channel is featuring the most relevant news from the world of blockchain and cryptocurrency. Today on our digest: US Securities and Exchange Commission promoted a fake Initial Coin Offering, high school students in the Netherlands are to pass an exam on bitcoin math, Malta will implement block chain to improve the public transport system, two digital currency firms are trying hard to obtain banking licenses.

US Securities and Exchange Commission (SEC) has been trying to improve cryptocurrency market with the help of different measures, including taxation of transactions involving digital currency such as bitcoin or altcoins, regulation, and consumer safety. On May 16, the SEC took another step and announced the set-up of the fintech educational ICO called Howey Coin.

The law to manage and regulate digital asset transactions came into force in Thailand, Bangkok Post reported on May 13 after being published in the Royal Gazette.

Cboe Global Markets, Inc. (Cboe), one of the largest exchanges in the world, urged in a letter the U.S. Security and Exchange Commission (SEC) to clear the way for Bitcoin exchange-traded-funds (ETFs) which are trying to join the financial market.  

It would appear that on planet crypto, ICOs are currently the flavor of the month, perhaps also of the season. With each passing day, a new ICO is announced and they have now become ubiquitous across all forms of media. Coinidol writers, for example, receive information on at least one new ICO every day.

The SEC (The Securities and Exchange Commission) has decided to regulate Initial Coin Offerings (ICO) in the same way as Initial Public Offerings (IPO) of traditional shares. Now, each organization using distributed ledger or blockchain technology that wants to offer and sell its own digital token in the US will be required to be registered.

The U.S Securities and Exchange Commission (SEC) have denied the proposal made by the Winklevoss twins, which would have created the first Bitcoin exchange-traded fund.