The U.S. may fall behind other countries if the SEC doesn't establish regulations for ICOs, says cryptocurrency trader.
In its latest effort to fend off cryptocurrency scams, the Securities and Exchange Commission launched its own fake initial coin offering website today called the Howey Coin to warn people against fraudulent cryptocurrencies. From a report: The name is a tongue-in-cheek reference to the Howey Test that the SEC uses to determine whether an investment is a security, which the Commission would there
Altaba, the company formerly known as Yahoo, will have to pay a $35 million fine for failing to disclose a 2014 data breach in which hackers stole info on over 500 million accounts. "The U.S. Securities and Exchange Commission announced today that Altaba, which contains Yahoo's remains, agreed to pay the fine to settle charges that it misled investors by not informing them of the hack until Septe
Bitcoin slumped after the U.S. Securities and Exchange Commission reiterated that many online trading platforms for digital assets should register with the agency as exchanges. From a report: The largest cryptocurrency dropped as much as 8.6 percent to $9,864 after the SEC statement boosted concern that tightening regulation may limit trading. [...] "If a platform offers trading of digital assets
An anonymous reader writes: The U.S. Securities and Exchange Commission has issued subpoenas and information requests to "scores" of companies and advisors involved with initial coin offerings (ICOs) and digital token sales, according to the Wall Street Journal.Read more of this story at Slashdot.
Bitcoin slipped following news that the U.S. Securities and Exchange Commission was probing the cryptocurrency market.
SEC staff had initially approved the sale of privately owned CHX for an undisclosed amount to a consortium led by Chongqing Casin Enterprise Group.
The SEC indicated it would not be open to approving cryptocurrency ETFs unless sponsors could address concerns.