A duo of heavy-hitting Silicon Valley venture capital firms has asked US regulators to take an industry-friendly approach to initial coin offering (ICO) regulations. The Wall Street Journal reports that representatives from Andreessen Horowitz and Union Square Ventures met with high-ranking officials at the US Securities and Exchange Commission (SEC) on March 28. Continue reading Silicon Valley VCs Ask US Regulators to Go Easy on ICO Regulations
Tag Archives: SEC
Coinbase Engages SEC about Turning into a Regulated Brokerage
The San Francisco-based cryptocurrency exchange is reportedly in talks with the US Securities and Exchange Commission (SEC) about becoming a regulated brokerage firm and trading platform. According to The Wall Street Journal, Coinbase reached out to regulators about the getting licensed even as the SEC moves closer to crafting some regulatory framework by which exchanges and other market players would operate. Continue reading Coinbase Engages SEC about Turning into a Regulated Brokerage
Not All ICOs Are Frauds
Jay Clayton, the chairman of the Securities and Exchange Commission, said contrary to speculation, the SEC does not believe that all initial coin offerings are fraudulent. “Absolutely not,” Clayton said when asked if the SEC’s recent crackdowns on ICOs signals such a stance. Clayton made the remarks during a speech on “Cryptocurrency and Initial Coin Offerings” at Princeton University on April 5. Continue reading Not All ICOs Are Frauds
SEC Quietly Puts Bitcoin ETF Proposals Back on the Table
The US Securities and Exchange Commission (SEC) has quietly begun considering two Bitcoin ETF proposals, public documents show. Continue reading SEC Quietly Puts Bitcoin ETF Proposals Back on the Table
Ethereum (ETH) Fell Below $500
Ethereum crashed under $500 yesterday after SEC Enforcement Division Co-Director, Stephanie Avakian, made the announcement that the agency was investigating “dozens” of crypto companies involved in unregistered ICO’s. Continue reading Ethereum (ETH) Fell Below $500