October 19th, 2025
SEC Crypto News - Page 134
Basis Shutting Down Due to Regulatory Pressure
By Andy Watson
December 18th, 2018
Konstantin Rabin, financial expert and crypto enthusiast, unveils what hides behind the recent shut down of once promising stablecoin project – Basis.
Bitcoin Community Celebrates the Appointment of the New Pro-Crypto White House Chief
By Bhushan Akolkar
December 17th, 2018
The Bitcoin community is rejoicing the appointment of Mick Mulvaney, the new U.S. Chief of Staff, known for his pro-Bitcoin stand in the past. He will resume the office at the beginning of 2019.
Blockchain Token Projects Can Bypass U.S. Securities Registration Requirements, Says SEC Official
By Teuta Franjkovic
December 14th, 2018
Good news for blockchain token projects concerning their ability to bypass U.S. securities registration requirements. While before they had to stand in the queue to fill out all the documents, now they can obtain so-called no-action letters from the SEC.
Andreessen Horowitz-Backed Basis Stablecoin to Shut Down with $133M in Debts
By Julia Sakovich
December 13th, 2018
Basis, a stablecoin project, that raised $133 million this April, is shutting down its operation and returning money to investors.
Former AriseBank Executives to Pay a $2.7 Million Charge for ICO Scams
By Darya Rudz
December 13th, 2018
For operating a fraudulent Initial Coin Offering, former AriseBank executives have to pay nearly $2.7 million in fines and are prohibited from serving as officers of public companies or engaging in offerings of digital securities.
SEC Chairman: ICOs Are Effective Way of Fundraising
By Bhushan Akolkar
December 11th, 2018
Jay Clayton said that ICOs should willingly follow securities laws which ensure higher protection of customers’ funds while eliminating fraud and manipulation.
Bitcoin Flirts Around $3,400 After Hitting New 2018 Low on Friday. Where’s It Heading Now?
By Bhushan Akolkar
December 8th, 2018
As investors have been eagerly waiting for the Bitcoin price reversal after a continuous price-drop, here’s look into what experts from the crypto industry have to say.
SEC Postpones Decision on VanEck Bitcoin ETF, Again
By Teuta Franjkovic
December 7th, 2018
The price of Bitcoin has plunged more than 9% in the last 24 hours following the announcement from the SEC that once again delays its decision on the rule change for a VanEck’s Bitcoin exchange-traded fund. The new deadline is February 27, 2019.
SEC’s Crypto Mom: Bitcoin ETF Could Be Approved Tomorrow or in Ten Years Time
By Teuta Franjkovic
December 7th, 2018
At the Digital Asset Investment Forum held in Washington D.C., a commissioner of the United States Securities and Exchange Commission (SEC), Hester Peirce said it’s better not to hold our breath waiting for a Bitcoin exchange-traded fund (ETF).
Bitcoin’s Biggest Congress Enthusiast Introduces a Pro-ICO and Crypto Legislation
By Wanguba Muriuki
December 6th, 2018
Warren Davidson, the biggest bitcoin enthusiast in Congress is set to introduce a new pro-ICO and crypto legislation. He believes that cryptocurrencies can thrive in a Federal-regulated environment.
International Cooperation is Essential for Eradicating ICO Fraud, Says SEC Official
By Wanguba Muriuki
December 5th, 2018
The ICO market has exploded in the last two years attracting an ever-rising number of fraudsters. A SEC official now believes that international cooperation is crucial to bring the scammers to justice.
ICO Project Blockvest Beats SEC in Federal Court
By Julia Sakovich
December 4th, 2018
The U.S. District Court for the Southern District of California ruled a case between the SEC and Blockvest in favor of the ICO project.
A Look Into Whether VanEck Bitcoin ETF Addresses Manipulation Concerns of SEC Chairman
By Bhushan Akolkar
November 30th, 2018
With VanEck facilitating OTC trades for its Bitcoin ETF, there is a higher possibility that the SEC might approve its proposal.
SEC Starts Chasing ICO Promoters, Floyd Mayweather and DJ Khaled Face First Charges
By Teuta Franjkovic
November 30th, 2018
In its first cases, the SEC has brought violations against Floyd Mayweather Jr. and music producer DJ Khaled involving ICO promotion. The SEC noted that using celebrity endorsers was a crucial part of the ICO issuers’ promotional strategy.
SEC Chairman Jay Clayton Demands Better Market Surveillance Before Approving Bitcoin ETF
By Bhushan Akolkar
November 28th, 2018
Speaking at the Consensus: Invest conference, Clayton said that exchanges need to employ better surveillance tools to prevent market manipulation on its platform.