The chairman of the United States Securities and Exchange Commission (SEC), Jay Clayton, has issued a statement “applaud[ing]” the efforts of authorities associated with the North American Securities Administrators Association (NASAA) in executing the current “enforcement sweep targeting fraudulent ICOs and crypto-asset investment products.” Also Read: 70+ Investigations: 40 Regulators Crack Down on Suspicious Crypto Schemes […]
The chairman of the United States Commodity Futures Trading Commission (CFTC), Christopher Giancarlo, recently discussed the challenges associated with assessing the regulatory implications of bitcoin and cryptocurrency according to the CFTC’s “decades[-]old” legislative mandate. Also Read: Openbazaar Co-Founder Expresses Frustration Over BTC Fees CFTC Chairman Criticizes 1930’s Legislative Apparatus In a recent interview with CNBC, Mr. […]
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The chairman of Switzerland’s stock exchange, Romeo Lacher, has spoken in favor of developing a Swiss national cryptocurrency. Mr. Lacher suggested that the proposed “e-franc” would provide a boost to the Swiss economy, in addition to comprising a payment system offering benefits over traditional systems. Also Read: Chinese Entrepreneur Warns Against Mining and ICO Bans Swiss […]
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Jay Clayton, the chairman of the United States Securities and Exchange Commission (SEC), and J. Christopher Giancarlo, the chairman of the United States Commodity Futures Trading Commission (CFTC), have co-authored an opinion piece recently published by The Wall Street Journal. The article outlines a number of perceived problems facing the cryptocurrency sphere from the perspective […]
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Mr. Tharman Shanmugaratnam, Singapore’s Deputy Prime Minister, Coordinating Minister for Economic and Social Policies, and Chairman of Singapore’s financial watchdog, the Monetary Authority of Singapore (MAS), has responded to a question pertaining to MAS’s assessments and regulatory intentions regarding cryptocurrencies and initial coin offerings (ICOs). Mr. Shanmugaratnam replied by stating that the Singaporean regulator did […]
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Wellington Koo, the Financial Supervisory Commission (FSC) chairman, today expressed his desire for Taiwan to emulate Japan’s cryptocurrency regulations, also suggesting that he does not wish to adopt a heavy-handed legislative approach to ICOs. The statements have been made in the lead up to Taiwan’s “Financial Innovation Experimentation Act” going before parliament – a bill […]
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Jay Clayton, Chairman of the United States Securities and Exchange Commission (SEC) has articulated his concern that most ICO investors do not fully understand the “substantial risks” associated with initial coin offerings. Also Read: A Phone Call From SEC Pressures ICO Startup to Close Operations and Refund The SEC Does Not Believe That the Majority of […]
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