Tag Archives: SEC

TITANIUM BLOCKCHAIN: WHY IT FAILED

TITANIUM BLOCKCHAIN: WHY IT FAILED

On May 22, 2018, the U.S. Securities and Exchange Commission (SEC) filed a complaint against Titanium Blockchain, an Israeli start up in the middle of its ICO at the time. According to the SEC, the firm had violated the commission’s registration and anti-fraud regulations in the process of raising funding from investors. Charged with securities fraud, company founder, Michael […]

Countdown Restarts Tomorrow for SEC Decision on CBOE-VanEck Bitcoin ETF

Countdown Restarts Tomorrow for SEC Decision on CBOE-VanEck Bitcoin ETF

The U.S. Securities and Exchange Commission (SEC) may make an initial decision on not one, but two different bitcoin exchange-traded fund (ETFs) proposals by April 5. A bitcoin ETF proposal submitted (for a second time) by VanEck, SolidX and the Cboe BZX Exchange is expected to be formally published in the Federal Register Wednesday, kicking off the initial […]

SEC Commissioner Says Bitcoin ETF Will Be Approved ‘Eventually’

SEC Commissioner Says Bitcoin ETF Will Be Approved ‘Eventually’

A commissioner at the U.S. Securities and Exchange Commission (SEC) believes a bitcoin exchange-traded fund (ETF) will ultimately be approved. Robert J. Jackson Jr., in an interview published by government-focused news source Roll Call on Wednesday, said: “Eventually, do I think someone will satisfy the standards that we’ve laid out there? I hope so, yes, and I […]

Bitcoin ETF Will ‘Eventually’ Be Approved, SEC Commissioner Says

Bitcoin ETF Will ‘Eventually’ Be Approved, SEC Commissioner Says

In a soon-to-be-published interview, Securities and Exchange Commission (SEC) Commissioner Robert J. Jackson Jr. has recently revealed he expects a Bitcoin Exchange-Traded Fund (ETF) to “eventually” be approved, as a proposal is set to satisfy all of the regulator’s requirements. According to a tweet published by Adjunct Professor at NYU Stern Drew Hinkes, Jackson believes it’s a […]

CBOE refiles the VanEck/SolidX Bitcoin ETF proposal to SEC

CBOE refiles the VanEck/SolidX Bitcoin ETF proposal to SEC

CBOE resubmitted its joint proposal with VanEck and SolidX to the U.S. Securities and Exchange Commission, to launch the first U.S. Bitcoin exchange-traded fund. The digital asset strategist/director at VanEck, Gabor Gurbacs, took to Twitter to make the announcement. Gabor [email protected] The VanEck SolidX Bitcoin ETF proposed rule-change has been submitted by CBOE. Hard work […]

SEC Official Who Oversaw Crypto Cases Leaves for Law Firm Jones Day

SEC Official Who Oversaw Crypto Cases Leaves for Law Firm Jones Day

Shamoil T. Shipchandler, a former regional director at the U.S. Securities and Exchange Commission (SEC) who oversaw several high-profile crypto cases, has left the agency for the global law firm Jones Day. Shipchandler led a team of around 140 enforcement attorneys, accountants, investigators and compliance examiners in the SEC’s Fort Worth, Texas office, the regulator […]

Cboe’s Bitcoin ETF Application Pulled After Repeated SEC Delays

Cboe’s Bitcoin ETF Application Pulled After Repeated SEC Delays

Cboe Global Markets Inc. pulled its application to list the first Bitcoin exchange-traded fund, blaming the U.S. government shutdown. The decision was announced in a Wednesday filing with the U.S. Securities and Exchange Commission. Bitcoin’s price fell following the disclosure. Most SEC employees are furloughed because of the partial closure of the federal government. That poses a […]

NYSE Arca Files Paperwork for Bitwise Bitcoin ETF Approval

NYSE Arca Files Paperwork for Bitwise Bitcoin ETF Approval

New details have surfaced about the bitcoin exchange-traded fund (ETF) proposed by Bitwise and NYSE Arca. Bitwise Asset Management announced its intention to launch the ETF earlier this month. If approved, it would be the first bitcoin ETF to make it to market in the U.S. At the time, the company said NYSE Arca would file the 19b-4 rule […]

Institutional Crypto and a New Generation of Wall Street Leaders

Institutional Crypto and a New Generation of Wall Street Leaders

Donna Redel is an angel investor focusing on financial technology, blockchain and emerging technologies, professor of blockchain and a former chairman at the Commodity Exchange. If there’s any doubt institutions are moving fast on crypto asset adoption, take it from a teacher. In developing the syllabus for Fordham Law and Gabelli School of Business, which both offered […]

Crypto ICO Price Continues to Fall, Likely Due to Growing Regulatory Pressure

Crypto ICO Price Continues to Fall, Likely Due to Growing Regulatory Pressure

Blockchain and crypto projects that raised millions of dollars via tokenized crowdfunding means are now lining up to return their capital to their original investors. Because apparently, they were not allowed to raise funds in the first place. The Securities and Exchange Commission (SEC) has gone after these startups for reportedly violating existing securities laws. The US regulator found irregularities […]