カテゴリー: Jay Clayton

SEC Chairman Confirms Cryptocurrencies Like Ethereum Are Not Securities

SEC Chairman Confirms Cryptocurrencies Like Ethereum Are Not SecuritiesOn March 12, the cryptocurrency and blockchain legislative advocacy group Coincenter published correspondence between the Securities and Exchange Commission (SEC) chairman Jay Clayton and representative Ted Budd. The letter explains that Clayton and the SEC’s staff analysis confirms that Ethereum and similar cryptocurrencies are not subject to securities laws. Also read: Cointext Adds the Ability […]

The post SEC Chairman Confirms Cryptocurrencies Like Ethereum Are Not Securities appeared first on Bitcoin News.

SEC Chairman Confirms Cryptocurrencies Like Ethereum Are Not Securities

SEC Chairman Confirms Cryptocurrencies Like Ethereum Are Not SecuritiesOn March 12, the cryptocurrency and blockchain legislative advocacy group Coincenter published correspondence between the Securities and Exchange Commission (SEC) chairman Jay Clayton and representative Ted Budd. The letter explains that Clayton and the SEC’s staff analysis confirms that Ethereum and similar cryptocurrencies are not subject to securities laws. Also read: Cointext Adds the Ability […]

The post SEC Chairman Confirms Cryptocurrencies Like Ethereum Are Not Securities appeared first on Bitcoin News.

Analysis: Understanding the SEC’s Stance on Crypto

Last year the U.S. Securities Exchange Commission took enforcement action against initial coin offerings and other crypto companies perpetrating fraud. Many believe 2019 will be the year when regulators clamp down on rogue cryptocurrency operators. Here we decode the overlapping and occasionally contradictory stance taken by U.S. regulators, and consider what the market can expect. […]

The post Analysis: Understanding the SEC’s Stance on Crypto appeared first on Bitcoin News.

SEC Chair ‘Optimistic’ DLT and Crypto Will Drive Investment Opportunities

Speaking as part of a testimony to the United States Senate Committee on Banking, Housing, and Urban Development, the chairman of the U.S. Securities and Exchange Commission Jay Clayton expressed optimism that the distributed ledger technology (DLT) sector will “facilitate capital formation.” Clayton also discussed the enforcement actions taken by the SEC in regulating initial […]

The post SEC Chair ‘Optimistic’ DLT and Crypto Will Drive Investment Opportunities appeared first on Bitcoin News.

SEC Chair Explains Key Upgrades Needed for Bitcoin ETF Approval

SEC Chair Explains Key Upgrades Needed for Bitcoin ETF ApprovalThe chairman of the U.S. Securities and Exchange Commission (SEC) has outlined the key changes in cryptocurrency markets he needs to see before he is comfortable with a bitcoin ETF. While some solutions to the problems he mentioned have already been implemented, the chairman insists on seeing more improvements. Also read: Indian Supreme Court Moves Crypto Hearing, […]

The post SEC Chair Explains Key Upgrades Needed for Bitcoin ETF Approval appeared first on Bitcoin News.

Hundreds of ICOs Being Secretly Investigated by SEC, Claims Report

'Secret' US Investigations into 'Hundreds' of ICOs, SEC 'Tightens Noose,' According to ReportHundreds of startups are reportedly being “secretly” targeted by the U.S. Securities and Exchange Commission for their involvement with initial coin offerings. Companies that participated in ICOs are now scrambling to clarify whether their token constituted a security, and, if so, whether it was properly registered with or exempted by the SEC. Also read: Europe, […]

The post Hundreds of ICOs Being Secretly Investigated by SEC, Claims Report appeared first on Bitcoin News.

Billions of Dollars ICO Industry is Governed by Securities Law, Judge Rules

Billions of Dollars ICO Industry is Governed by Securities Law, Judge RulesU.S. V. Zaslavskiy, 17-cr-0647, U.S. District Court for the Eastern District of New York (Brooklyn), just might go down as a definitive case for cryptocurrency enthusiasts. Many, many billions of dollars generated through initial coin offerings (ICOs) are now, according to a federal judge, considered under the jurisdiction of securities laws. Also read: Philippines Okays […]

The post Billions of Dollars ICO Industry is Governed by Securities Law, Judge Rules appeared first on Bitcoin News.

Bitcoiners Hope to Have a Friend in Top US Regulator Jay Clayton

Bitcoiners Hope to Have a Friend in Top US Regulator Jay ClaytonBitcoin might have a mole, a sympathetic insider at the highest levels of the US financial regulatory apparatus, if recent ecosystem press accounts are to be believed. According to a US Securities and Exchange Commission (SEC) meeting transcript, SEC Chair Jay Clayton has privately expressed deep knowledge of cryptocurrencies, including during a heated exchange with […]

The post Bitcoiners Hope to Have a Friend in Top US Regulator Jay Clayton appeared first on Bitcoin News.

Bitcoin ETF Rejection Sparks Firm’s Public Protest

Bitcoin ETF Rejection Sparks Firm’s Public ProtestSmarting from its bitcoin exchange traded fund (ETF) denial by the United States Securities and Exchange Commission (SEC), Van Eck is pushing back in a formal letter of protest. A public response published on the SEC’s site methodically addresses each concern the regulator used in its rejection: valuation, liquidity, custody, arbitrage, and manipulation. Also read: […]

The post Bitcoin ETF Rejection Sparks Firm’s Public Protest appeared first on Bitcoin News.

Regulations Round-Up: CFTC Rejects FOIA Request, SEC Not Modifying Securities Laws

Regulations Round-Up: CFTC Rejects FOIA Request, SEC Not Modifying Securities LawsIn recent regulatory news, the United States Commodity Futures Trading Commission (CFTC) has rejected a Freedom of Information Act (FOIA) request regarding the subpoenas recently received by Bitfinex and Tether; the United States Securities and Exchanges (SEC) Chairman, Jay Clayton, has indicated that the regulator will not alter existing securities legislation to cater to cryptocurrencies. […]

The post Regulations Round-Up: CFTC Rejects FOIA Request, SEC Not Modifying Securities Laws appeared first on Bitcoin News.