Securities

A suspect identified as Donald G. Blakstad from the United States of America is facing legal action by the agency responsible for implementing federal laws, Securities and Exchange Commission (SEC), for supposedly operating a fake cryptocurrency mining activity.

The government authority of Italy responsible for regulating the securities market, Consob, recently established rules, definitions and criteria for cryptocurrency and initial coin offerings (ICO) in a document that defines the outcome of the public consultation. Consob has published on its official website the final report on the initial offers and exchanges of crypto-activities.

The US Securities and Exchange Commission (SEC) has suspended the Wilshire Phoenix’s Bitcoin exchange-traded fund (ETF) proposal. As per the official document issued by the SEC, they have decided to go forward with setting the proposal under further review. By Feb 26, next year, the commission will make a final decision on whether to allow or not to allow BTC ETF and also ascertain their status.

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.

The financial and securities watchdog silently accepted a fund tied to the BTC futures market just a few days ago — an effort which many experts say vividly widens the chances for the endorsement of other ETFs sooner or later.

As this era is the period of disruptive innovations including blockchain technology and cryptocurrency, investors want to know where to start from, especially when it comes to knowing the regulations and authorities allowing and forbidding Securities Token Offerings (STOs). These are some of the regulatory bodies that allow STOs

Whenever the venture capitalists or the public asks how it is possible today for a firm to gather capital for growth and development, the first thing that comes into consideration is an initial public offering (IPO), which is the process that it is popularly regarded as the opening of social capital to the public.

On Tuesday, Telegram, a cloud-based instant messaging and voice over IP service, formally asked the United States court to drop all existing accusations brought against the firm by the agency that is responsible for regulating the financial, cryptocurrency and securities sector, Securities and Exchange Commission (U.S. SEC) in October.

Telegram, a cloud-based instant messaging and voice over IP service with more than 350 million active users worldwide, may delay the roll out of its virtual currency dubbed Gram following a restraining order from the United States Securities and Exchange Commission (U.S. SEC) to halt the sale of the coins in the country.