Search
Digital Securities Brokers May Not Be Subject to Enforcement for 5 Years, Says US Regulator
24.12.2020
The U.S. Securities and Exchange Commission (SEC) issued a statement and is looking for public comment toward the custody of digital asset securities that have been handled by special purpose broker-dealers. The statement from the SEC follows the recent crackdown against Ripple Labs and...
Crypto Hedge Fund Founder Stefan Qin Accused of Fraud by SEC
24.12.2020
The Securities and Exchange Commission (SEC) is accusing the founder of hedge fund Virgil Capital which specializes in cryptocurrency arbitrage, of fraud
SEC Gives Broker-Dealers Room to Handle Crypto Securities
23.12.2020
The SEC's broker-dealer guidance was generally welcomed as a step in the right direction by industry players
XRP Token Plunges Nearly 40% Following the Announcement of SEC Charges Against Ripple
23.12.2020
Ripple’s XRP has lost almost 40% of its value after the token price dropped from $0.51 on December 21 to $0.31 at the time of writing. The token’s plunge appears to be the result of legal proceedings initiated against Ripple by the US Securities and Exchange Commission (SEC). At...
MoneyGram Takes Wait-and-See Approach as SEC Sues Partner Ripple
23.12.2020
"MoneyGram will continue to monitor the situation" following an SEC lawsuit against its part-owner, Ripple, a spokesperson told CoinDesk
FTX Exchange Launches Pre-IPO Futures Contracts for the Coinbase Public Listing
23.12.2020
After the San Francisco-based exchange Coinbase announced it was registering with the U.S. Securities and Exchange Commission (SEC) in order to have an initial public offering (IPO), FTX Exchange CEO Sam Bankman-Fried said the company would launch pre-IPO futures. On December 21, Bankman-Fried...
SEC to Sue Ripple Over XRP Cryptocurrency — CEO Insists XRP Is Not a Security
22.12.2020
The U.S. Securities and Exchange Commission (SEC) is set to bring a lawsuit against Ripple over the XRP cryptocurrency which it considers a security, according to Ripple CEO Brad Garlinghouse. Insisting that XRP is not a security, he calls the SEC’s lawsuit an attack on cryptocurrency that...
Billion-Dollar Wealth Manager Skybridge Capital Plans to Launch a Bitcoin Fund
22.12.2020
In mid-November, a filing registered with the U.S. Securities and Exchange Commission (SEC) had shown that the investment firm Skybridge Capital may invest in crypto assets like bitcoin. Over a month later, Skybridge Capital filed another registration form with the U.S. SEC (Form D) as it plans...
Guggenheim Investments: Bitcoin Is Worth $400,000 Based on Scarcity, Relative Valuation to Gold
18.12.2020
Guggenheim Investments, an asset management firm with over $230 billion under management, has valued bitcoin at $400,000 based on fundamental analysis. Guggenheim wanted to invest in bitcoin when the price of the cryptocurrency was at the $10,000 level. The company is currently waiting for approval...
Hong Kong Grants First License to Cryptocurrency Trading Platform
18.12.2020
Hong Kong now has its first regulated cryptocurrency trading platform. The Securities and Futures Commission has just given out the first-ever crypto license to OSL Digital Securities which will soon commence trading for several cryptocurrencies, including bitcoin. Hong Kong Gives Out First Crypto...
Coinbase Files Paperwork With SEC to Launch Public Offering
18.12.2020
U.S. cryptocurrency exchange Coinbase had confidentially filed a draft registration for a public offering to the Securities and Exchange Commission (SEC). Coinbase Sent Draft Registration to the US SEC On December 17, 2020, the exchange made the announcement on its blog, stating that the firm...
New Law in Germany Embraces All-Electronic and Blockchain Crypto Securities
17.12.2020
The German government has passed new legislation to introduce all-electronic securities as part of the country’s wider blockchain strategy. According to the country’s finance ministry, the new law relaxes rules forcing issuers and holders of securities to document transactions with...
Germany legalizes digitized securities
16.12.2020
Europe's largest economy is looking to pave the way for securities trading on the blockchain
Crypto-friendly trading app Robinhood faces lawsuit from securities regulators
16.12.2020
The Commonwealth of Massachusetts plans to sue Robinhood for alleged violation of state laws and regulations not related to crypto
Microstrategy Completes $650 Million Capital Raise to Fund More Bitcoin Purchases
12.12.2020
Microstrategy Inc. has raised $650 million from the sale of convertible senior notes so that it could buy more bitcoin. In a note to investors on Dec. 11, the business intelligence and mobile software firm said it completed the sale of $650 million in convertible bonds to private investors at 0.75%...
Blockstack's CEO looks to build a new framework for crypto securities
12.12.2020
Blockstack's ecosystem has exceeded the firm that gave it life, argues CEO
Korean Exchange Operator to Oversee Crypto-Linked Stocks in the Midst of Suspicions on Unfair Trading
12.12.2020
South Korean securities exchange operator is now expanding its overseeing capacity by monitoring all crypto-related stock activities after volatile movements seen in the last few weeks on listed companies tied to the industry. KRX’s Market Oversights Committee to Supervise Crypto-Linked...
Canadian Crypto Company Increases Its Bitcoin Treasury Holdings to $3.6 Million
10.12.2020
BIGG Digital Assets, a Canadian crypto company, revealed this week that it bought 40 additional bitcoins for long-term treasury holding. The purchase increased BIGG’s reserves to 189.5 bitcoins valued at US$3.63 million in total. The Canadian Securities Exchange-listed firm spent about CAD$1...
Free TON, From an Abandoned Project to the Frontier of PoS Networks
9.12.2020
The Durov brothers fought a long and exhaustive battle with the United States Securities and Exchange Commission (SEC) over the Telegram Open Network (TON)’s acceptance in the United States, which ended with an official announcement that the further development of the project was abandoned....
Blockstack Token's Conversion to Non-Securities Would be 'Unprecedented'
8.12.2020
Source: a video screenshot, Youtube, Bloomberg Technology
After the launch of Stacks Blockchain 2.0, stacks tokens (STX) will no longer be treated as a security in the US, finally opening the doors to US investors, said the company's co-founder - with an expert calling this a major deal for...