SEC News

The Securities and Exchange Commission, or SEC, is an independent agency within the United States government tasked with regulating the securities markets in a way that protects the public from fraud, maintains fair and efficient markets, and facilitates healthy capital formation in the U.S. and its jurisdictions. 

The emergence of cryptocurrencies with the advent of Bitcoin (BTC) directly challenged the hegemonic order of the legacy financial system and quickly provoked ire and distrust from various regulatory authorities. 

The SEC, however, remained largely quiet on securities law applicability to cryptocurrencies and fundraising events until July 2017 when the agency published their report on the DAO project, concluding that the sale of DAO tokens was in fact an unregistered securities offering and therefore subject to securities laws. This was published in the context of the initial coin offering, or ICO, craze of 2017 to2018. 

Since then, the SEC has slowly brought cases against various projects such as halting the launch of the highly anticipated Telegram blockchain network, TON, in October 2019, thus setting legal precedent for all current and future blockchain ventures. 

The SEC is one of the most powerful regulatory agencies in the world, as most countries often wait to see how the U.S. regulates certain industries before implementing their own legislation and regulatory frameworks. 

News
Van Eck's latest research appears to be an effort towards calming investor fears about Bitcoin... as well as the SEC's.
Van Eck declares Bitcoin ‘less volatile than many’ stocks
Andrew Thurman
2020-11-22T00:42:34+00:00
29541
Newsletter
Libel laws and new faces at the U.S. securities regulator lead the week's news.
Law Decoded: Green lights of the SEC, black flags of Binance, Nov. 13–20
Kollen Post
2020-11-20T22:43:05+00:00
46596
News
The new risk-managed Bitcoin fund was filed with the SEC on Thursday.
Morgan Creek and Exos file Bitcoin fund with SEC
Sam Bourgi
2020-11-20T16:34:04+00:00
9379
News
Jay Clayton is stepping down from his role as SEC Chairman at the end of the year, but before going he wants to set the record straight on the SEC’s opinion of ...
Outgoing SEC Chair Jay Clayton reveals what’s driving the rise of BTC
Cyrus McNally
2020-11-20T03:20:50+00:00
20374
News
The SEC is seeking a default judgment against three companies and four individuals for their roles in an allegedly fraudulent ICO that duped $9 million from 500...
SEC seeks judgement after ‘no show’ in $9M Meta 1 Coin fraud case
Samuel Haig
2020-11-20T02:45:35+00:00
4761
News
The letter states the regulatory agency “will not recommend enforcement action” against a platform issuing a digital currency capable of being converted to fiat...
SEC gives OK to social media platform to issue stablecoin without registering as a security
Turner Wright
2020-11-19T22:36:32+00:00
15033
News
The settlement with the SEC came after the three were charged in September for their participation in “unregistered and fraudulent” ICOs.
Rapper T.I.’s associates to cough up $100K in FLiK token case with SEC
Turner Wright
2020-11-19T00:04:18+00:00
7663
News
The outgoing SEC director first joined the agency in 2017.
SEC leader touts record on digital assets on his way out the door
Turner Wright
2020-11-18T20:45:17+00:00
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