Billionaire bitcoin skeptic Mark Cuban torched the Securities and Exchange Commission as “useless” bureaucrats who bring “ridiculous” lawsuits against investors to justify their worthless existence. Continue reading Bitcoin Skeptic Mark Cuban Torches ‘Useless’ SEC in Withering Takedown
Tag Archives: SEC
SEC Punts on Bitcoin ETF as Unfazed Crypto Bulls Dig in Their Heels
The U.S. Securities and Exchange Commission has decided once again to kick the can on its decision about a bitcoin ETF. In a ruling published today, the securities watchdog revealed that an answer on the VanEck/SolidX Bitcoin ETF as proposed by the Cboe would be postponed for another 90 days, pushing the deadline back to August 19. The crypto community wasn’t shocked by the announcement, but the bitcoin price has retreated modestly from Sunday’s fresh 2019 highs. Despite the pullback in the bitcoin price, the cryptocurrency market has several major catalysts this year that will continue to fuel the bull market. And the SEC can’t stick its head in the sand on bitcoin forever. Continue reading SEC Punts on Bitcoin ETF as Unfazed Crypto Bulls Dig in Their Heels
SEC Commissioner Says Bitcoin ETF Will Be Approved ‘Eventually’
A commissioner at the U.S. Securities and Exchange Commission (SEC) believes a bitcoin exchange-traded fund (ETF) will ultimately be approved. Robert J. Jackson Jr., in an interview published by government-focused news source Roll Call on Wednesday, said: “Eventually, do I think someone will satisfy the standards that we’ve laid out there? I hope so, yes, and I think so.” Continue reading SEC Commissioner Says Bitcoin ETF Will Be Approved ‘Eventually’
Under Fire from the SEC, Kik’s Crypto Project is Going to War
Canadian messaging app company Kik Interactive Inc. is planning to take the SEC to court over a potential enforcement action against Kik’s 2017 initial coin offering (ICO) of the Waterloo, Ontario-based tech company’s proprietary cryptocurrency, Kin. Continue reading Under Fire from the SEC, Kik’s Crypto Project is Going to War
SEC Slaps Crypto Firm with $50,000 Fine for Selling Unregistered Securities
The Securities and Exchange Commission (SEC) issued a cease-and-desist order against a crypto investment fund for distributing unregistered securities. The US securities regulator also slapped CoinAlpha Advisors LLC, a Delaware-based blockchain financial products company, with a $50,000 fine. Continue reading SEC Slaps Crypto Firm with $50,000 Fine for Selling Unregistered Securities