[ad_2][ad_1] The Securities and Exchange Commission announced yesterday that the Strategic Pole for Financial Innovation and Technology, commonly referred to as FinHub, will become a standalone office. Valerie A. Szczepanik will continue to lead FinHub as the first director of the office and will report directly to the SEC president. …
Read More »A VCOIN for Your Thoughts: Ethereum-based Token Wins SEC No-Action Relief – Corporate / Commercial Law
[ad_2][ad_1] To print this article, simply register or login on Mondaq.com. As cryptocurrency prices rise, we are in the midst of another wave of cryptocurrencies. Given the inexorable flow of news accompanying such periods, it may have been easy to miss the fact that SEC staff recently granted no action …
Read More »A VCOIN for your thoughts: Ethereum-based token wins SEC No-Action Relief
[ad_2][ad_1] The letter of non-action is the first to expressly allow off-platform token transfer to non-users and conversion into fiat currency by token holders. As cryptocurrency prices rise, we are in the midst of another wave of cryptocurrencies. Given the inexorable flow of news accompanying such periods, it may have …
Read More »A VCOIN for Your Thoughts: Ethereum-Based Token Wins SEC No-Action Relief | Latham & Watkins LLP
[ad_2][ad_1] The letter of non-action is the first to expressly allow off-platform token transfer to non-users and conversion into fiat currency by token holders. As cryptocurrency prices rise, we are in the midst of another wave of cryptocurrencies. Given the inexorable flow of news accompanying such periods, it may have …
Read More »US intelligence chief raises concerns with SEC over China’s encrypted dominance: report
[ad_2][ad_1] Tip Ranks Bull Moves: Analysts just updated these 3 hot stocks The largest asset manager in the world was impressed by the recent market gains and clarified this sentiment by updating US equities. In its recent reassessment of conditions in US financial markets, investment giant BlackRock issued a general …
Read More »SEC President Jay Clayton explains US cryptocurrency regulation, calls Bitcoin a store of value
[ad_2][ad_1] The chairman of the US Securities and Exchange Commission (SEC) explained how the US government is regulating the cryptocurrency. He calls bitcoin a store of value, noting that its increase is driven by the inefficiencies of the current payment system. How Bitcoin is regulated in the United States SEC …
Read More »Morgan Creek and Exos deposit the Bitcoin fund with the SEC
[ad_2][ad_1] Morgan Creek Capital Management and Exos Financial unveiled a new Bitcoin (BTC) fund at the United States Securities and Exchange Commission on Thursday. If approved, the fund will offer institutional investors another way to extend the flagship cryptocurrency without the volatility of owning it outright. Kevin Rooke reported On …
Read More »Outgoing SEC President Jay Clayton reveals what’s driving BTC’s rise
[ad_2][ad_1] Outgoing SEC President Jay Clayton, who oversaw the rejection of nine Bitcoin (BTC) exchange-traded funds during his tenure, told CNBC that “inefficiencies” in current payment systems continue to drive Bitcoin’s popularity. . Appearing on CNBC Squawk Box yesterday, Clayton, who is expected to resign by the end of the …
Read More »SEC President: Payment Defects Are Increasing Bitcoin
[ad_2][ad_1] Clayton, speaking on CNBC, said bitcoin’s popularity stems from that disappointment in traditional payments. “What we are seeing is that our current domestic and international payment mechanisms have inefficiencies. Those inefficiencies are the things that are driving the rise of bitcoin,” he said, according to the report. He scolded …
Read More »SEC grants IMVU authorization to sell digital tokens
[ad_2][ad_1] The Securities and Exchange Commission (SEC) of the United States has granted to another cryptocurrency companies permission to sell his native cryptocurrency. On Thursday, the SEC issued a “letter of no action” (dated November 17) to IMVU, a digital avatar company, allowing the company to sell its VCOIN digital …
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