Meta 1 Coin: SEC files for default judgment against $9M scam
The securities regulator alleged that the operators of Meta 1 Coin defrauded investors in the U.S. and beyond of over $9 million.
Latest Securities and Exchange Commission News
Rapper TI’s associates fined $103K over scam ICO promotion
Three associates of U.S. rapper and actor Clifford Joseph Harris Jr. will have to part with $103,000 in connection with their alleged roles in promoting an ICO scam.
Digital asset businesses in Thailand get boost with new net capital rules
The securities regulator of Thailand has announced new rules which will allow digital currency businesses to take advantage of digital assets in determining net capital funds.
Airbnb eyes integrating digital currency payments and blockchain
According to its IPO prospectus filed with the U.S. Securities and Exchange Commission, Airbnb is exploring several applications of blockchain technology.
The CoinGeek Pulse Episode 21: ECB predicts digital euro rollout, SEC chair steps down, Ark launches
In this episode of CoinGeek Pulse, we hear some encouraging news coming from the European Central Bank.
56 digital currency cases prosecuted in US since 2017: SEC
The U.S. Securities and Exchange Commission has brought cases against 56 companies dealing in the digital currency and blockchain space.
SEC chair Jay Clayton to step down at end of 2020
Under Clayton’s leadership, the U.S. securities regulator said it witnessed historic productivity and set new records in enforcement actions and monetary remedies.
Pakistan considers new regulation for digital currency
The Securities and Exchange Commission is looking comparatively at the approach of regulators in other countries, as well as setting out the needs of Pakistan’s growing digital finance market.
Illegal ICOs pay quarter of SEC 2020 penalty haul
In its annual report for 2020, the SEC said its enforcement arm had collected some $4.68 billion in penalties, up 8% from $4.3 billion in 2019.
The CoinGeek Pulse Episode 19: US Elections 2020, SEC raises crowdfunding limits, Twetch breaches 1M milestone
In the run-up to the election, experts have weighed in on whether Bitcoin and the digital currency industry will see any changes depending on who wins the Presidential race.
US regulator votes to lift regulated crowdfunding limit to $5 million
The new higher limit is expected to allow businesses to raise more money with a lower compliance burden through issuing securities.
Pro-digital currency Bill Hinman to leave SEC director post
Bill Hinman made headlines after proposing SEC should consider the level of decentralization of a digital currency before classifying it a security.