Tag: SEC

ICO Smart Contract Code

UoP Law Paper: Most ICO Smart Contracts Break Promises in Whitepapers

A new legal paper released by a team from the University of Pennsylvania School of Law entitled "Coin-Operated Capitalism" makes a number of startling and illuminating statements about the world of ICO's that has developed in the last 18 months...

/ July 18, 2018 / 0 Comments
Coinbase Security Token Trading

Coinbase Approved for Next Steps Towards Security Token Trading

Security tokens, or blockchain assets that represent ownership in a company or represent the right to earn dividends from one have been a touchy subject for quite some time. The SEC has threatened action and has already acted against some...

/ July 17, 2018 / 0 Comments
Ripple XRP Lawsuit

Ripple Under Fire: Third Lawsuit Against XRP Filed in California Court

Ripple Labs, the company behind the XRP token is apparently back in court once again as they have just been hit with a third lawsuit from an investor. Like the two lawsuits before it, this one also claims that XRP...

/ July 6, 2018 / 0 Comments
Tezos Guide

Tezos Demands Investor KYC Info 11-Months After End of ICO

Tezos announced last week that it will be requiring all ICO participants to submit to a full KYC check. This announcement was met with shock, surprise, and disgust as the ICO for Tezos ended almost one year ago. The Tezos...

/ June 14, 2018 / 0 Comments
Bitcoin ETF

Van Eck CEO: We’re Closer Than Ever To Making a Bitcoin ETF

Van Eck CEO Jan van Eck just spoke with CNBC about his company's third attempt to launch the world's first bitcoin ETF. The company's prior two attempts were both shot down by the SEC for various reasons, but van Eck...

/ June 8, 2018 / 0 Comments
SEC Bitcoin

SEC: Bitcoin Not a Security, But Most ICOs Are

Is Bitcoin a security? What about most ICOs today? That was the question posed by CNBC in an interview with SEC Chairman Jay Clayton. In the interview, the chairman stated in no uncertain terms that currencies like bitcoin are not...

/ June 7, 2018 / 1 Comment

Centra CTR Refuses a Sudden Death Despite SEC Action

The infamous Centra (CTR) coin scandal has yet again underlined the extreme difficulties regulators are facing while trying to clean up the cryptocurrency market. Earlier in April 2018, Centra Tech, the US.-based FinTech startup behind the digital currency CTR, came...

/ April 12, 2018 / 0 Comments

Are ICO Tokens and Cryptocurrencies “Securities”?

You've probably come across the term securities before. Recently the US Government agency that deals with securities, known as the SEC or Securities and Exchange Commission, has been increasingly getting involved in cryptocurrencies. Earlier this month, SEC chairman Jay Clayton...

/ February 28, 2018 / 1 Comment