SEC

Thailand Officially Announces Rules for Token Issuers, Portals, and Investors

2 weeks ago admin2 0
Economy & Regulation The Thai Securities and Exchange Commission (SEC) has officially announced its regulations for initial coin offerings (ICOs). The rules specify requirements for ICO portals, issuers, as well as who can invest in tokens. The Commission has also provided a series of infographics to explain the regulations. Also read: Yahoo! Japan Confirms Entrance Into Read More

Charts: SEC Data Shows Token Filing Figures Just Keep Rising

2 weeks ago admin2 Comments Off on Charts: SEC Data Shows Token Filing Figures Just Keep Rising
Regulatory uncertainty or not, data from the SEC indicates the number of filings related to token sales continues to trend upward. Indeed, a review of SEC data through June indicates that the SEC has received nearly 100 filings for token sales (93) in the past year, beginning with four in August 2017 and building to an Read More

Controversial Tezos Project Announces Launch of ‘Betanet’

2 weeks ago admin2 Comments Off on Controversial Tezos Project Announces Launch of ‘Betanet’
The Tezos Foundation has launched its beta network, calling the move an “inflection point” for the project, according to an official statement June 30. According to Tezos’ statement, the team has proposed the genesis block of their so-called ‘betanet,’ and transactions can be processed on the network. The Tezos team also stated that users can Read More

US Congressman: SEC’s Stance on Ether Is ‘Encouraging’

3 weeks ago admin2 Comments Off on US Congressman: SEC’s Stance on Ether Is ‘Encouraging’
Congressman Tom Emmer has praised the U.S. Securities and Exchange Commission (SEC) for clarifying that ethereum’s native cryptocurrency, ether, is not a security. As previously reported, the SEC’s director of Corporation Finance, William Hinman, told the audience at the Yahoo! All Markets Summit: Crypto conference last week that “current offers and sales of ether are Read More

US Lawmaker Calls For ‘Light Touch’ on ICO Regulation

4 weeks ago admin2 Comments Off on US Lawmaker Calls For ‘Light Touch’ on ICO Regulation
Advertisement US Rep. Warren Davidson (R-OH) said a “light touch” regulatory framework is needed for the initial coin offering (ICO) market during a CNBC  “Squawk Box.” interview. Davidson is a member of the House Financial Services Committee of the House of Representatives. “We want to make sure that the United States’ capital markets stay strong Read More

What Crypto Thinks About the SEC Saying Ether Isn’t a Security

1 month ago admin2 Comments Off on What Crypto Thinks About the SEC Saying Ether Isn’t a Security
“Based on my understanding of the present state of ether, the ethereum network and its decentralized structure, current offers and sales of ether are not securities transactions.” So said William Hinman, director of the division of corporate finance at the U.S. Securities and Exchange Commission (SEC) at a Yahoo! All Markets Summit event in San Read More

SEC Official Pushes Back on Claims Ether Is a Security

1 month ago admin2 Comments Off on SEC Official Pushes Back on Claims Ether Is a Security
Ethereum is not a security, at least in the view of U.S. Securities and Exchange Commission (SEC) director of corporate finance William Hinman. Speaking at the Yahoo! All Markets Summit: Crypto event in San Francisco Thursday, the official told the audience that the agency “doesn’t see a lot of value in treating ether today as Read More

Why Chanda Kochhar needs to step down, according to an IIM-A professor

1 month ago admin2 Comments Off on Why Chanda Kochhar needs to step down, according to an IIM-A professor
Two of India’s most celebrated woman bankers have been in hot water for the last three months. Shikha Sharma, CEO of Axis Bank, the country’s third-largest private lender, stepped down reportedly following a strong signal from the Reserve Bank of India (RBI) that it was unhappy over rising bad loans and falling profits. The firm Read More

United States v. Crypto ETFs: A Lingering Struggle For Mass Adoption

1 month ago admin2 Comments Off on United States v. Crypto ETFs: A Lingering Struggle For Mass Adoption
Huobi, a Singapore-based trading platform currently ranking among the world’s top three cryptocurrency exchanges, has made headlines on June 1 as it unveiled an exchange-traded fund (ETF) that tracks an index of top ten crypto assets against Tether, a digital currency tied to the US dollar. While an impressive feat that will undoubtedly draw even Read More