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. 

Valkyrie Digital Assets filed with the SEC for listing its Bitcoin ETF on the New York Stock Exchange in January.
SEC delays decision on Valkyrie Bitcoin ETF
Helen Partz
U.S. securities regulators are still going after ICO cheats from the 2017-18 bull market. Initial coin offerings raised tens of billions of dollars during the l...
ICO issuer charged with fraud by SEC for selling unregistered security
Sam Bourgi
VanEck’s new “Bitcoin Strategy Fund” will invest in BTC futures, pooled investment vehicles and exchange-traded products providing exposure to Bitcoin.
VanEck files for a new Bitcoin futures mutual fund with US SEC
Helen Partz
A new report from Elliptic has found that unregistered securities offerings account for more than half of all crypto-related fines handed out by U.S. regulators...
With US regulators handing out $2.5B in fines since 2014, crypto is not the 'wild west' of finance
Brian Quarmby
Major funds are probably interested in Bitcoin and altcoins, but four significant hurdles are preventing them from investing.
4 reasons why Paul Tudor Jones' 5% Bitcoin exposure advice is difficult for major funds
Marcel Pechman
The filing came before the commission's June 17 deadline to approve or disapprove of the Bitcoin ETF following an extension in April.
SEC opens to comments on whether to approve VanEck Bitcoin ETF
Turner Wright
Musk responded to a Cointelegraph tweet about Sygnia CEO Magda Wierzycka calling for the SEC to investigate him over alleged Bitcoin price manipulation.
Elon Musk lays out when Tesla will begin accepting Bitcoin payments
Sam Bourgi
Local exchanges now have until July 11 to update their rules for listing tokens in order to be in compliance with SEC guidelines.
Thai SEC bans exchanges from handling certain token types including NFTs
Turner Wright

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