Coinbase Custody partner previously fined $80,000 for clients’ assets misuse
In its effort to become a financial entity in the U.S., Coinbase partnered with Electronic Transaction Clearing (ETC) despite the company’s checkered past.
Latest Securities and Exchange Commission News
2 accused of illegal sale of blockchain stocks pony up over $1.14M
Two Nevada men agreed to settle a lawsuit filed by the U.S. Securities and Exchange Commission (SEC) accusing them of illegal sale in blockchain-related company stocks.
Uphold moves closer to becoming legal US crypto broker-dealer
Acquiring JNK Securities would enable Uphold to offer cryptocurrency transactions for its clients and start listing ICO through its securities division.
SEC secures new court order freezing assets linked to PlexCoin ICO
A New York judge has ordered federal authorities to freeze the assets linked to Dominic Lacroix, the Canadian man behind the alleged “fast-moving” PlexCoin investment scam.
SEC weeds through 200 pages of complaints against Coinbase
Complaints to Coinbase continue to pile up, with users alleging theft of funds and a lack of response on the part of the company.
Cryptocurrencies and ICOs: Myths and half truths
Cryptocurrencies and ICOs have been at the forefront of discussions over the past few months, but the discussions have been overshadowed by a number of myths and hearsay about their regulatory status, especially in the United States.
John McAfee will no longer promote ICOs due to SEC pressure
The cybersecurity entrepreneur announced he will no longer engage in promoting ICOs following what he described as “threats” from the U.S. Securities and Exchange Commission.
Decentralized cryptocurrencies are not securities, SEC exec says
An SEC official declared that cryptocurrencies like BTC and ETH are not considered securities under federal regulations.
5 ICO projects may soon launch in Thailand, regulator says
The SEC is poised to approve five ICO projects to register for fundraising procedures as soon as the organic law of Thailand's digital asset decree takes effect in late June.
SEC town hall wrap-up: ICOs are securities, blockchains are the future
The public meeting was billed as an informal reunion of the public with members of the SEC to discuss the future of cryptocurrencies and blockchains in the United States.
Coinbase ‘on track’ to US regulatory nod for crypto securities listing
Securing a regulatory approval in the U.S. will allow Coinbase to operate across the country under the oversight of the Financial Industry Regulatory Authority (FINRA) and the Securities and Exchange Commission (SEC).
Goldman Sachs-backed Circle sets sights on US banking license
Circle has announced it is seeking a U.S. banking license, at the same time as the firm is looking to register with the SEC.