Tag Archives: SEC

Crypto Tidbits: Meet JP Morgan Coin, SEC Drops Bitcoin ETF Application

Crypto Tidbits: Meet JP Morgan Coin, SEC Drops Bitcoin ETF Application

After last week’s price action, the crypto market quieted down. Bitcoin entered a lull, while altcoins followed close behind. Yet, the wheels of the crypto train have continued to spin. Twitter CEO Jack Dorsey revealed that his fintech upstart would eventually integrate Bitcoin’s Lightning Network, JP Morgan launched its own digital asset on a private Ethereum-based chain, a Filipino banking giant launched crypto ATMs, and Chainalysis secured millions amid this market rut. Crypto Tidbits Reality Shares Files Semi Bitcoin ETF, SEC Requests Application Withdrawal: Reality Shares, a […]

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SEC Taking Time to Approve Bitcoin ETF Makes “Perfect Sense”, Was the Same For Gold: Bitwise

SEC Taking Time to Approve Bitcoin ETF Makes "Perfect Sense", Was the Same For Gold: Bitwise

2,500 of the world’s foremost investment professional descended on Hollywood this week to talk exchange-traded funds (ETFs). While much of the discussion between the who’s who on Wall Street was centered around traditional vehicles, talk surrounding Bitcoin (BTC)  and cryptocurrency products came to light. In an interview with CNBC’s Bob Pisani, a leading representative of the cryptocurrency space expressed optimism towards the launch of a product, which could thaw BTC out of a price crash-induced cold snap. Related Reading: Bitcoin ETF Approval Could Ease EU Regulators Concerns […]

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SEC Commissioner Asks Gov’t to Amend Regulation For Bitcoin ETF, ICOs

SEC Commissioner Asks Gov't to Amend Regulation For Bitcoin ETF, ICOs

Whether or not financial innovations like Bitcoin could fit inside the parameters of old-school laws became the central point of Hester Pierce’s recent keynote. The U.S. Securities and Exchange Commission (SEC) Commissioner, while speaking at the University of Missouri School of Law, recognized that blockchain-based decentralized networks do not fit “neatly” within their securities framework. Therefore, it is important for policymakers and regulators to amend the existing federal laws to include new technological protocols. “Yet,” Pierce added, “many of these projects begin in a centralized manner that […]

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VanEck & Bitcoin ETF Hopefuls Refile Application To U.S. SEC

VanEck & Bitcoin ETF Hopefuls Refile Application To U.S. SEC

Although the crypto market’s year-long downturn has yet to reverse, this nascent ecosystem saw a fundamentally positive, likely bullish (price-wise) announcement on Thursday, as a financial services provider refiled a Bitcoin exchange-traded fund (ETF) application to the U.S. Securities and Exchange Commission (SEC). Leading Bitcoin ETF Application Refiled Per previous reports from NewsBTC, a mere week ago, VanEck, CBOE, and SolidX Partners suddenly pulled their collaborative Bitcoin ETF application. While little was known initially, Jan Van Eck, the incumbent chief executive at the firm that shares his surname, […]

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Why is Kik Challenging The SEC In Anticipated Crypto ICO Court Case?

Why is Kik Challenging The SEC In Anticipated Crypto ICO Court Case?

Ever since initial coin offerings (ICOs) became mainstream, regulators, especially the U.S.’ governmental agencies, have sought to make moves against this newfangled form of funding. The crypto assets from these sales are touted as utility-centric, but incumbents have argued that they resemble securities. Jay Clayton, a commissioner at the U.S.’ Securities and Exchange Commission (SEC), has claimed on multiple occasions that ICOs are not exempt from the financial legislature. In a speech, Clayton, a Trump appointee, remarked that not only should ICOs adhere to the SEC’s laws, […]

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