カテゴリー: Jay Clayton

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. […]

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SEC Chairman Applauds ‘Operation Crypto-Sweep’

SEC Chairman Applauds 'Operation Crypto-Sweep'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 […]

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US Government Launches Scam Crypto Site

US Government Launches Scam Crypto SiteIn an effort to get ahead of the next round of scams, the US Securities and Exchange Commission (SEC) created and published its own version of an initial coin offering (ICO) scam website. It’s a rather innovative way at approaching investor education in the brave new world of cryptocurrency. Also read: Federal Reserve Pres: People […]

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ICOs Brush Off Regulatory Concerns, Raising $1 Billion for the Third Month in a Row

ICOs Brush Off Regulatory Concerns, Raising $1 Billion for the Third Month in a RowDespite all the talk of increased regulation and looming lawsuits, ICOs seem immune. Many new tokens are struggling to trade above their ICO price on exchanges in the current bear market, but crowdsale allocations are still selling out. In February, ICOs raised $1 billion for the third month in a row. They’ll be sternly scrutinized […]

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SEC Subpoenas Shepherd ICOs Towards A+ Regulation

SEC Subpoenas Shepherd ICOs Towards A+ RegulationThe U.S Securities and Exchange Commission is believed to have issued dozens of subpoenas to ICOs in its quest to uncover evidence of securities fraud. Not only has it come after the startups themselves, but it’s reported to have subpoenaed their legal counsel too, as it pursues lawyers who may have facilitated any potential wrongdoing. […]

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Bitcoin Skeptic Dennis Gartman Duped by Dubious Blockchain Investment

Bitcoin Skeptic Dennis Gartman Duped by Dubious Blockchain Investment‘Commodities King’ Dennis Gartman has been left with a red face and diminished pension fund after investing in a dubious blockchain company. Shares in Riot Blockchain Inc plunged by 30% following a CNBC investigation, leaving Gartman’s fund in a negative balance for the year to date. The trader has previously described bitcoin as being “nothing […]

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This Week in Bitcoin: Who Do You Believe?

This Week in Bitcoin: Who Do You Believe?The bitcoin space is a constant battle of truth versus untruth, rumor versus fact and optimism versus pessimism. With market manipulators up to their usual tricks and salty altcoiners crying FUD, it can be hard to tell what’s real and what’s fake. This week truly had it all: keks, lies, and videotape beamed live from […]

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Landmark Senate Crypto Hearing Seen as Mostly Positive by Bitcoiners

Landmark Senate Crypto Hearing Seen as Mostly Positive by BitcoinersVirtual Currencies: The Oversight Role of the U.S. Securities and Exchange Commission and the U.S. Commodity Futures Trading Commission began in earnest at the United States Senate Dirksen office building Tuesday, 6 February. The Committee on Banking, Housing, and Urban Affairs summoned respective Chairs of the US Securities and Exchange Commission (SEC) and US Commodity […]

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Chairmen of SEC and CFTC Co-Author Article on Crypto Regulations

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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SEC Chairman Signals a Storm Coming for Fly-by-Night Blockchain ICOs

SEC Chairman Signals a Storm Coming for Fly-by-Night Blockchain CompaniesThere may a storm brewing for shady companies intent on jumping on the blockchain bandwagon. Startups with no working product seeking to raise millions, or traditional companies rebranding themselves as blockchain connoisseurs are liable to attract the ire of the U.S. Securities and Exchange Commission. In a speech delivered in Washington on Monday, SEC chairman […]

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