Tag Archives: SEC

Coinbase Gets Regulator Approval to List Digital Coins Considered to be Securities

Coinbase Gets Regulator Approval to List Digital Coins Considered to be Securities

Cryptocurrency exchange and wallet service provider Coinbase has received approval from the U.S. Securities and Exchange Commission (SEC) and the Financial Industry Regulatory Authority (FINRA) to list digital coins considered to be securities, Bloomberg reported July 16. A Coinbase representative told Bloomberg that the SEC and FINRA have authorized the exchangeto acquire security dealers Keystone Capital Corp., Venovate Marketplace Inc. and Digital Wealth […]

Coinbase Announces Five Possible New Assets, Makes No Guarantees For Trade Listing

Coinbase Announces Five Possible New Assets, Makes No Guarantees For Trade Listing

San Francisco-based cryptocurrency exchange Coinbase has announced that it is examining the addition of five new coins, according to a blog post published July 13. The trading platform is exploring the possibility of adding new assets to its trading lists, including Cardano (ADA), Basic Attention Token (BAT), Stellar Lumens (XLM), Zcash (ZEC), and 0x (ZRX). Additionally, Coinbase said it will negotiate with local […]

Blockgeek’s Ameer Rosic: ‘Everyone Is Smart Enough to Lose or Make Money’ in Crypto

Blockgeek’s Ameer Rosic: ‘Everyone Is Smart Enough to Lose or Make Money’ in Crypto

Ameer Rosic, serial entrepreneur and founder of online blockchain hub Blockgeeks, goes into why he thinks investing in crypto should be open to the masses and what it will take to induce widespread blockchain adoption during an interview at this year’s BlockShow Europe 2018. Molly Jane: First off, how did you get interested in the crypto and […]

Hodler’s Digest, June 11-17: A Regulatory Win for Ethereum and a Falling Market

Hodler’s Digest, June 11-17: A Regulatory Win for Ethereum and a Falling Market

Top Stories This Week Fundstrat’s Tom Lee Points To Bitcoin Futures As Reason For Price Declines Tom Lee released a report this week that posited that the reason for the falling price of Bitcoin can be linked to the expiration of Bitcoin futures contracts. According to Lee, Bitcoin’s price usually drops around 10 days before the expiration of the […]

SEC Has Removed ‘Stumbling Block’ for Ether Futures, Says Cboe President

SEC Has Removed ‘Stumbling Block’ for Ether Futures, Says Cboe President

Cboe Global Markets may now be close to launching an ether futures product, following a recent comment from a U.S. Securities and Exchange Commission (SEC) official indicating that the agency doesn’t consider ethereum’s native cryptocurrency a security. On Thursday, the SEC’s director of corporation finance William Hinman notably said that, based on his understanding of “the ethereum network […]

Senior US Regulator Says Ethereum ‘in Its Present State’ Is Not a Security

Senior US Regulator Says Ethereum ‘in Its Present State’ Is Not a Security

A senior U.S. Securities and Exchange Commission (SEC) official has said that leading altcoin Ethereum (ETH) will not be regulated as a security, the Wall Street Journal (WSJ) reports today, June 14. SEC Corporation Finance Director William Hinman said at Yahoo Finance’s All Market Summit: Crypto in San Francisco today that: “Based on my understanding of the present state of ether, the Ethereum […]

SEC Chairman: Tokens are Not Exempt From Regulation, Expresses Discomfort

SEC Chairman: Tokens are Not Exempt From Regulation, Expresses Discomfort

Government agencies all over the world scrutinize ICOs and their associated tokens. The SEC is an excellent example of the most recent developments taking place. Chairman Jay Clayton is seemingly convinced all tokens will be subject to regulation. That may prove impossible to enforce. Jay Clayton has a Unique View SEC Chairman Jay Clayton wants […]

Lithuanian Gov’t Releases ICO Guidelines That Aim to Create ‘Certainty and Transparency’

Lithuanian Gov’t Releases ICO Guidelines That Aim to Create ‘Certainty and Transparency’

Lithuania has released comprehensive new “guidelines” on Initial Coin Offerings (ICOs) in a document published June 8.  Officials are heralding the move as a “step towards certainty and transparency” in the country. Coming two months after the government set up a roundtable to establish dialogue between banks, ICO operators and other entities, the guidelines see confirmation from Minister […]

Crypto Market Update: Major Coins Stem Further Losses, With Bitcoin Brushing $7,700

Crypto Market Update: Major Coins Stem Further Losses, With Bitcoin Brushing $7,700

Although crypto markets are still down over the past month, most of the top ten coins are in the green today, June 7. Market visualization from Coin360 Bitcoin (BTC) is comfortably holding above the $7,600 threshold and inching to a new price point of $7,700, trading at around $7,690 at press time. The leading cryptocurrency, up almost 2.3 percent over a […]

SEC, CFTC, IRS And Others: A Guide To US Regulating Bodies

SEC, CFTC, IRS And Others: A Guide To US Regulating Bodies

On May 22, 2018  the US Commodity Futures Trading Commission (CFTC) issued an advisory statement for listing virtual currency derivative products. The statement is aimed at providing clarity for exchanges and clearing houses. Previously this week, major US cryptocurrency exchange and wallet Coinbase spoke to regulators about obtaining a federal banking charter. Those events came in the midst of […]