Arca launches Ethereum-based trading for new fund based on shares in U.S. Treasury securities.
The SEC is the Securities and Exchange Commission of the United States. The agency was created by Congress in 1934 and is now the main organization that controls and regulates all operations on securities markets. To achieve its mandate of creating transparency, the SEC requires public and other regulated companies to provide quarterly and annual reports that detail the working process of the company during that period of time. All reports are available to the public.
Nowadays, one of the main tasks of the SEC is to investigate the cryptocurrency market and investment facilities related to it in order to reveal any illegal actions, such as selling securities under the guise of tokens. So far, the SEC will review documents from 100 companies.
Philippine SEC warns against investment schemes including one based on the Ethreum blockchain it says is a Ponzi scheme.6945
The former CFTC chair’s analysis stating that Ripple’s XRP is not a security might be wrong.38617
Documents shared with Cointelegraph confirm that Telegram refunded some American TON investors 72% of their investments about a month ago.11387
The COMP token distribution raised some questions on a potential reprisal against DeFi from the SEC, given certain similarities with traditional stocks.1590
The consolidated class-action lawsuit against the Tezos Foundation appears likely to end in a $25M settlement which might forestall further SEC action.10922
The lack of progressive jurisdictions in which a particularly attractive regime for regulating derivatives exists keeps crypto in a gray area, and it has to be changed.4169
Judge approves final judgment in Telegram case; firm will return $1.2 billion to investors.16722
New York, New York runs the show this week as the site of a host of developments and setbacks for crypto.2471
Chinese mining company Ebang has yet to see a positive net income in 2020, but an IPO might give it a jumpstart.10206
The mining equipment firm, scheduled to go public via Nasdaq later today, is preparing for a massive expansion.2586
Abramoff and the founder of AML Bitcoin face charges for fraud in misrepresenting the token’s compliance, with the founder himself facing jail time for money laundering.1866
Despite the original TON project being officially terminated, the U.S. SEC asks Telegram to return $1.2 billion.5717
Paragon Coin will face federal claims from a class-action lawsuit alleging that the firm’s $70 million ICO from 2017 violated securities laws.5426
An SEC suit against the operators of a $30 million allegedly fraudulent ICO has been stayed pending the conclusion of parallel criminal proceedings.2389