Tag Archive: SEC

  • Altcoin News, News, News teaser

    SEC Warns Investors About Celebrity Endorsements of ICOs

    Many celebrities are touting the possibilities of a number of crypto ICOs, and the SEC has now issued a warning to investors about being lured into spending money on an ICO solely based upon a celebrity endorsement. As long as there have been celebrities, they have used their fame and influence to promote certain products and services. The modern celebrity is no longer hawking a brand of cigarette or liquor; they’re now hawking the latest

    · November 10, 2017 · 7:00 am
  • Altcoin News, Legislation, News, News teaser

    SEC Warns Celebrities about Endorsing ICOs and Cryptocurrencies

    The Securities and Exchange Commision released a public announcement that warns celebrities about endorsing potential unlawful ICOs and cryptocurrencies. The ICO Craze ICOs or Initial Coin Offerings have become the new trending investment opportunity of the year. According to the data from Coinschedule, there have been different ICOs this year which managed to raise the total amount of over $3 billion. The reason why so much money is being invested into ICOs is the fact

    · November 3, 2017 · 8:00 am
  • Bitcoin, Bitcoin Investment, Bitcoin Regulation, News, News teaser

    Could a Bitcoin ETF Be Just Around the Corner?

    Market experts believe that a Bitcoin ETF will soon be approved by the Securities and Exchange Commission. Creating a Bitcoin ETF Bitcoin has experienced a rapid price growth this year. Recently, the decentralized cryptocurrency hit a new all-time high price of $6174 and reached a market cap of $100 billion. Of course, the huge price spike caught the attention of Wall Street, various financial institutions, and investors. In the last couple of years, different parties

    · October 22, 2017 · 3:45 am
  • SEC files fraud charges against ICO companies Bitcoin Investment, News, News teaser

    SEC Files Fraud Charges Against ICO Companies

    The Securities and Exchange Commission has reportingly filed the first-ever civil fraud charges against an Initial Coin Offering.  Crackdown On ICOs Initial Coin Offerings (ICOs) are receiving a lot of attention from regulatory bodies and governments after raising over a combined $1.3 billion this year alone. In the last couple of weeks, more and more governments have decided to crack down on ICOs. The most notable ban is the one by the Chinese government, which caused

    · September 30, 2017 · 3:15 pm
  • ICO Altcoins, Blockchain Technology, Emerging Markets, News, News teaser

    UK Issues a Warning on ICOs But Some Are Already Immune

    Less than a year after the industry began, running a Blockchain business using a digital token has suddenly become a lot more complicated. ICOs Float Between A Rock And A Hard Place The free-for-all of the first six months of 2017 when Blockchain startups and ‘projects’ created and sold tokens at will, often for hundreds of millions of dollars, has changed thanks to snap regulatory decisions. The context of regulator reactions continues to dictate digital

    · September 12, 2017 · 8:00 am
  • People's Bank of China Altcoins, Bitcoin, Bitcoin Regulation, Emerging Markets, News, News teaser

    Chinese Regulators are Targeting ‘Pyramid Scheme’ ICO’s

    After initiating withdrawal controls on Chinese cryptocurrency exchanges, Chinese regulators are now shifting their focus to Initial Coin Offerings. China to Crack Down on ICOs? According to a new draft legislation, Chinese regulators have expressed their intentions to implement stricter regulatory measures for Initial Coin Offerings or ICOs. China Securities Regulatory Commission is currently in talks with a few Blockchain enterprises. The Commission has expressed their particular concern with pyramid schemes in the form of

    · August 29, 2017 · 10:00 am
  • Crypto investing Bitcoin, Bitcoin Investment, Markets and Prices, News, News teaser

    Investment Firm VanEck Files for Bitcoin ETF After Calling Bitcoin a Fad

    Just a day after throwing shade on Bitcoin, investment firm VanEck files with the US Securities and Exchange Commission for a Bitcoin ETF. There are times when irony is so, so delicious. Cryptocurrency, with Bitcoin leading the way, has been fighting tooth and nail to get into the financial mainstream ever since its inception. Global financial and investment houses openly scoffed at the notion of digital currency that lay outside the realm of traditional regulators

    · August 15, 2017 · 6:15 am
  • FinTech, News, News teaser

    For the First Time ICOs Raised More Money Than VCs

    In the last couple of months, projects that had ICOs have managed to collect the impressive amount of $1.7 billion. Giving the Market Confidence Since a long time now, ICOs have been attracting a lot of attention from investors, startups, entrepreneurs, and regulators. One of these regulators is the Securities and Exchange Commission (SEC), which recently published an official report, explaining its official stand on initial coin offerings. According to the official report, initial coin offerings that

    · August 10, 2017 · 10:00 pm
  • Filecoin Regrets Shutting Out Supporters to Meet SEC Regulations News, News teaser, Technology

    Filecoin Raises $52m Ahead of Its Upcoming ICO, Regrets Shutting Out Supporters to Meet SEC Regulations

    On August 7, decentralized storage network Filecoin is launching its token sale through the SEC-compliant CoinList platform. The much-anticipated project has already raised close to $52 million from several major Silicon Valley investors ahead of the ICO on Monday. The Filecoin Project Filecoin is a project that was started by Protocol Labs in 2014, its goal is to provide an efficient data storage solution based on a decentralized network protocol called IPFS. The IPFS protocol

    · August 5, 2017 · 10:45 pm
  • SEC Bitcoin, Bitcoin Regulation, Emerging Markets, Interviews, News, News teaser

    Legal Experts: Investors May View SEC’s Statement as Validating ICO’s

    Bitcoinist decided to dig deeper into the SEC’s newly issued guidance on Initial Coin Offerings (ICOs) and its implications for investors. We chatted with three legal experts, namely Alfredo Silva, Joshua Ashley Klayman and Daniel Kahan. Joshua Klayman is a founding member and the head of MoFo’s Blockchain + Smart Contracts Group. Her practice focuses on finance and corporate matters including advising on leveraged finance transactions, commercial transactions, and corporate governance matters. Daniel Kahan is an

    · August 2, 2017 · 8:00 am
  • ICO Haven Sent Packing; Singapore follows SEC Lead to Regulate Securities-type Token Sales Emerging Markets, Legislation, News, News teaser, Op-Ed

    ICO Haven Sent Packing; Singapore follows SEC Lead to Regulate Securities-type Token Sales

    Exactly one week ago, the SEC issued a report concluding that certain token sales could be considered securities, and hence were subject to regulation. Today, the Monetary Authority of Singapore (MAS) issued a similar statement, clarifying that, in some cases, Initial Coin Offerings (ICOs) were essentially equivalent to securities, and should fall under the same regulatory procedures. I can’t help but feel slightly responsible. After all, just five days before the SEC report was published,

    · August 1, 2017 · 5:15 pm
  • SEC files fraud charges against ICO companies FinTech, Legislation, News, News teaser

    SEC Issues Warning for ICO Issuers and Investors

    The SEC has officially published a report wherein it describes the potential risks of Initial Coin Offerings (ICO) and Decentralized Autonomous Organizations (DAO). The DAO Report The U.S. Securities and Exchange Commission published a report on July 24, that details its investigation into the DAO project. The DAO (Decentralized Autonomous Organization) was founded by the German startup Slock.it UG. On June 16, 2016, the DAO project was hacked and the attackers were able to steal 3.53

    · July 26, 2017 · 2:00 pm
  • Bitcoin ETF Bitcoin, Bitcoin Regulation, Emerging Markets, News, News teaser

    Take Two: SEC to Review Its Bitcoin ETF Decision

    The U.S. Securities and Exchange Commission has announced that it will review its decision regarding the Winklevoss twins’ Bitcoin ETF. SEC to Review Its Bitcoin ETF Decision The U.S. Securities and Exchange Commission (SEC) will review its decision regarding the rejection of the Bitcoin exchange-traded fund (ETF) proposed by Cameron and Tyler Winklevoss. A statement issued by the SEC in response to a petition for review of the Disapproval Order by the Bats BZX Exchange reads: […] it

    · April 26, 2017 · 9:00 am
  • Bitcoin ETF, COIN, Winklevoss, SEC Bitcoin, Bitcoin Regulation, News, News teaser

    Bitcoin ETF Rejected; Price Dips Below $1,000

    The Bitcoin ETF proposal (COIN) has been rejected by the United States Securities and Exchange Commission, which immediately sent the price plunging down to a $958.5 low. Bitcoin ETF Rejected The much anticipated Bitcoin ETF filed by the Winklevoss Brothers in mid-2013 has been officially rejected. The document outlining the decision states the reasons for the rejection: Based on the record before it, the Commission believes that the significant markets for bitcoin are unregulated. Therefore, as

    · March 11, 2017 · 12:20 am
  • SEC Bitcoin Bitcoin, Bitcoin Businesses, Bitcoin Price, Bitcoin Regulation, Markets and Prices, News, News teaser

    New SEC Agreement Pushes Bitcoin Price Higher to $1,100

    BTC price rose higher after positive news regarding the SEC and its new regulations that are expected to boost small Bitcoin businesses. Building on ‘Productive Relationship’ A memorandum of understanding (MOU) between the US Securities and Exchange Commission (SEC) and the North American Securities Administrators Association (NASAA), signed Friday, will see the two bodies share information related to ensure new crowdfunding regulations are effective for small businesses. The new rules will make it easier for

    · February 21, 2017 · 5:00 am
  • Bitcoin ETF Bitcoin, Bitcoin Investment, Legislation, News, News teaser

    How to Profit from the SEC Decision on The Winklevoss Bitcoin ETF

    If the SEC approves the Bitcoin ETF in March, the money floodgates into Bitcoin will fly wide open and Bitcoin price is expected to skyrocket. But regardless of what the decision may be, you can expect a trading frenzy either way and here’s how you can play it. SEC to Decide on Bitcoin ETF A decision by the Securities and Exchange Commission (SEC) whether to approve the Winkelvoss Bitcoin ETF (COIN) is scheduled for Saturday, March 11th. SEC controls

    · February 20, 2017 · 4:00 am
  • Bitcoin ETF Bitcoin, Bitcoin Acceptance, Bitcoin Investment, Bitcoin Regulation, News, News teaser

    If the Winklevoss Bitcoin ETF is Approved, What Happens Next?

    March 11th is the next milestone date in Bitcoin history, as the Securities and Exchange Commission (SEC) will decide whether to allow the world’s first Bitcoin ETF fund. So what could happen if it is approved? Bitcoin ETF Could Lead to ‘Irrational Exuberance’ If the SEC approves the Winklevoss Bitcoin Trust next month, it might set off a speculative rush into bitcoin. An easily accessed ETF (exchange-traded fund) that tracks the value of bitcoin could cause money

    · February 7, 2017 · 9:00 am
  • Nigeria Bitcoin, Bitcoin Education, Bitcoin Investment, Bitcoin Regulation, News, News teaser

    Clueless? Nigeria’s SEC Says Bitcoin, OneCoin Pose Equal Risk

    The Securities and Exchange Commission in Nigeria has issued a public notice in which caution is advised with regards to ‘cryptocurrency’ investments. WARNING: Cryptocurrencies Ahead The Securities and Exchange Commission in Nigeria has issued a warning regarding investing in Bitcoin, Swisscoin, and Onecoin. The public notice seeks to alert the public regarding the risk posed by cryptocurrencies following solicitations of the public to invest. The notice reads: The attention of the Securities and Exchange Commission

    · January 14, 2017 · 9:00 am
  • Patrick Byrne Overstock Bitcoin, Bitcoin Businesses, Bitcoin Conference, Blockchain Technology

    Overstock Announces Publicly-Traded Shares on t0 Blockchain

    On Tuesday morning at the Money 20/20 Conference in Las Vegas, Patrick Byrne, CEO of Overstock and t0, announced the historic arrival of trading publicly offered Overstock shares on the t0 blockchain. Also read: Money 20/20 Recap: Ethereum, Consumer Protection, Investment Overstock Moving Forward With t0 Starting on December 15th, individuals who purchased Overstock shares by the November 7th record date will qualify to purchase shares of its preferred stock, including preferred shares to be issued and traded

    · October 25, 2016 · 3:46 pm
  • Millenial Bitcoin investors Bitcoin, Bitcoin Businesses, Start-Ups

    Airbitz to Leverage US JOBS Act to Raise Funding for Expansion

    SAN DIEGO — Airbitz, a popular bitcoin wallet provider, has announced the launch of a new crowdfunding campaign through Wefunder. Through Wefunder’s BitPay integration, Airbitz will become the first company to raise bitcoin investments in full compliance with Title III of the JOBS Act. Also read:  Technical Analysis: Explaining the Weekend Bitcoin Price Rally Airbitz to Raise Funds in Compliance With SEC Rules The JOBS Act — or the “Jumpstart Our Business Startups Act —

    · October 24, 2016 · 10:02 am
  • Winklevoss Twins Bitcoin, Bitcoin Businesses, Legislation

    SEC Wants More Time to Decide on Winklevoss Bitcoin Fund

    It appears the US Securities and Exchanges Commission (SEC) needs more time to examine the Winklevoss brothers’ Bitcoin exchange-traded fund (ETF). A filing released today announced further proceedings to approve or disapprove a necessary rule change on the Bats BZX Exchange. Also read: Bitcoin Uncensored Exposed: Chris DeRose Definitely a CIA Shill Commodity Rule Change Required The exchange’s Rule 14.11(e)(4), regarding commodity-based trust shares, needs to be amended before a cryptocurrency-based ETF may list. The Winklevoss’

    · October 13, 2016 · 1:20 am
  • Bitcoin Price Bitcoin, Bitcoin Price

    Bitcoin Price Expected to Double with Help From SolidX

    A few days have passed, and not much has changed. Despite all the hoopla surrounding the bitcoin price’s recent rise to $620, a drop has occurred, and everyone’s favorite coin is still hovering in the low $600 range. Also read: OKCoin to Blame for Bitcoin Price Retraction to $600? One source writes: “Bitcoin price trend remains up, but a downward correction prior to the next wave of advance remains likely… We’re waiting for price to

    · September 17, 2016 · 5:00 am
  • Bitcoin Industry Report Altcoins, Bitcoin, Bitcoin Investment, Bitcoin Technology, Blockchain Technology, News, News teaser, Trending

    Industry Report: Bitcoin Bursts with ‘Energy’

    Energy and bitcoin come together, a bitcoin trust files with the SEC, and Iceland gives a “thumbs up” to digital currency. Want to catch up on the latest crypto-news? Take a look at the stories below. Also read: Industry Report: The Halving That Came and Went BITCOIN ENERGY CONFERENCE Big-time miner Bitmain recently held a private conference in southwest China. Representatives and government officials of nearby regions were invited to discuss local power sources and

    · July 13, 2016 · 9:00 am