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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
The investment firm withdrew its application for a physically-backed Bitcoin ETF in 2020 but has already received approval for a fund offering investors exposur...
Bitwise applies for 'actual' Bitcoin ETF with NYSE Arca
Turner Wright
2021-10-14T16:59:16+01:00
1417
News
According to Bloomberg senior ETF analyst Eric Balchunas there are “good signs” that the SEC will approve Bitcoin futures ETF applications from Ark Invest and V...
New tickers and ARK filing shows Bitcoin futures ETF approval imminent: Analyst
Brian Quarmby
2021-10-14T02:12:57+01:00
11573
News
The American Bitcoin mining outfit plans to acquire a total of 28,000 to 56,000 next-generation mining rigs.
Cipher Mining splashes $350M on next-gen Bitcoin mining rigs from Bitfury
Osato Avan-Nomayo
2021-10-13T18:40:00+01:00
4365
News
Volt recently received approval for an ETF that includes stocks in various crypto-related companies.
SEC Chair Gary Gensler actually is pro-Bitcoin, Volt Equity CEO argues
Helen Partz
2021-10-13T09:58:50+01:00
3716
News
Instead of a safe harbor for crypto firms, SEC Commissioner Caroline Crenshaw called for a “bridge” in which crypto firms work with the SEC to determine complia...
SEC Commissioner says ‘safe harbor’ laws would’ve made ICO problems worse
Brian Quarmby
2021-10-13T06:27:20+01:00
3669
News
Regulatory uncertainty could be the cause for yet more delays in the approval of long-awaited Bitcoin exchange-traded products.
Bitcoin futures ETF will likely be delayed until 2022, says research firm CFRA
Martin Young
2021-10-13T03:33:28+01:00
12040
Market Analysis
ETH/BTC dropped below its 200-day exponential moving average for the first time since March 2020, raising risks of more downside.
Ethereum loses key support level as ETH price falls to two-month lows against Bitcoin
Yashu Gola
2021-10-12T13:53:47+01:00
13965
News
Institutional investors piled $225 million into Bitcoin products, while Ether products saw outflows of $13.6 million this past week.
Institutional crypto products eye record AUM as investors pile into Bitcoin
Brian Quarmby
2021-10-12T06:39:09+01:00
8799

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