Tag Archives: SEC

Silicon Valley VCs Ask US Regulators to Go Easy on ICO Regulations

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

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