Lawmakers reintroduces bill exempting crypto from US securities laws
Compared to the 2018 version, the Token Taxonomy Act 2019 has more detailed definition of what constitutes a digital token that is more inclusive of emerging technologies.
Latest securities News
No entities authorized to operate ICOs in Spain, regulator says
The National Securities Market Commission said that while it had not yet approved any ICO projects, it had yet to exercise any of its powers in vetting or regulating the sector.
Stock Exchange of Thailand to launch digital assets platform in 2020
The exchange has confirmed it would be working closely with a range of different stakeholders to develop the platform ahead of its launch next year.
Germany takes steps to protect securities, regulate tokens
A paper has been issued by the German Federal Ministry of Finance and the Federal Ministry of Justice and Consumer Protection discussing the steps that should be taken to provide greater electronic security and regulation to protect offerings related to crypto-tokens.
Thailand’s Parliament approves the issuance of tokenized securities
The National Legislative Assembly in Thailand has approved the issuance of scripless and tokenized securities through blockchain technology.
Another ICO settles with the SEC for selling unregistered securities
The SEC has cracked down on Gladius for offering unregistered securities during its ICO, but gave leniency for their self-reporting.
Kik has had enough, but can it kick back at SEC?
It’s unclear whether the commissioners have already taken a vote, but when the SEC enforcement action does come out, Kik is ready to fight back in court if necessary—for all the good it will do them.
US Token Taxonomy Act may fizzle, asserts crypto attorney
Two U.S. politicians, Ohio Representative Warren Davidson and Florida Representative Darren Soto, introduced a House bill last month designed to better define cryptocurrencies.
Malaysia to begin regulating ICOs as securities today
Malaysia may not be clear where it stands on cryptocurrencies, but the country’s securities watchdogs now have the power to regulate certain digital assets and crypto exchanges.
Phillip Frost coughs up $5.5M to settle pump-and-dump charges with SEC
Diversified healthcare firm OPKO Health has become the latest to propose settlement terms in a case brought by the U.S. Securities and Exchange Commission (SEC) over alleged breaches of securities laws.
Philippine securities regulator ‘not yet ready’ to clarify rules on ICOs
The securities regulator of the Philippines has decided to defer the promised publication of official rules around initial coin offerings (ICOs), as it aims to buy more time to consult with stakeholders.
The best jurisdictions to launch a Security Token Offering?
An overview of the popular jurisdictions where a STO may be considered.