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Last month, the U.S. Securities and Exchange Commission (SEC) rejected a proposal on Bitcoin ETF (Exchange Traded Fund) presented by Bitwise Asset Management. Later on, the Commission would proceed to publish a 112-page document exposing how it had chosen to reject the proposal. In its explanation, the SEC stated that the proposed fund seemed to [...]

The United States Securities and Exchange Commission (SEC) is in the process of reviewing an order it issued in the past week concerning the Bitwise BTC ETF (exchange-traded fund) proposal. NYSE ARCA had submitted the proposal in lieu of the Bitwise Bitcoin exchange-traded fund trust. At the same time, the commission has also announced that [...]

The Securities and Exchange Commission (SEC) has slapped the blockchain company, Block.one, with a $24 million civil penalty for unlawfully conducting an Initial Coin Offering (ICO). According to a report released from the SEC office dated September 30, 2019, the regulatory body stated that it had settled charges against Block.one for unlawfully initiating an ICO [...]

U.S leading financial watchdog, the Securities and Exchange Commission (SEC) is planning to bring on a "crypto specialist" attorney advisor. The regulators revealed its intention to hire via an official government jobs portal, USAJobs. The SEC Division of Trading and Markets is Hiring According to the job description posted on USAJobs, the SEC's Division of [...]

In yet another positive move, the San Francisco-based crypto exchange Coinbase announced Friday, Dec. 7 that it is looking forward to exploring 31 altcoins including Ripple (XRP) and Stellar Lumen for possible listing. According to a post published on its website, Coinbase will explore dozens of digital coins, ranging from underdogs such as Loopring and [...]

Recently, the SEC launched a new project targeted at new entrants into the blockchain and crypto industry called, FinHub. The agency, in its effort to provide adequate information pertaining to the digital currency and ICO markets, has made available an online form which can be used by potential crypto investors to get all the information [...]

The U.S. Securities and Exchange Commission (SEC) has made an announcement in relations to the surprise launching of a Strategic Hub, FinHub, targeted at helping blockchain startups stay in-line with the SEC's regulations. FinHub is Targeted Mainly at Digital Asset Innovators The new project is targeted at making it easy for everyone involved in [...]

The U.S. SEC has banned for life the founder of the TomahawkCoin ICO from directing any public company and offering any penny stocks. The United State Securities and Exchange Commission announced that they obtained an order that banned and fined the founder of TomahawkCoin, David T. Laurance for organizing a fraudulent ICO. Laurance and his [...]

The U.S. Securities and Exchange Commission (SEC) announced it is postponing the final decision on the Bitcoin ETF proposal. The U.S. SEC has published an order on 7 August indicating that the agency needs more time to decide whether or not to approve the proposal on the first U.S. exchange-traded product - Bitcoin ETF. Surprisingly, [...]

The Bitwise startup, known for its HOLD 10 Cryptocurrency Index Fund, has stated that it is pursuing regulatory authorization to go forth with the launch of an Exchange Traded Fund which focuses on the top ten cryptos by market cap. The firm has stated that its ETF proposition will allow the tracking of returns based [...]

Founder of US-based cryptocurrency exchanges WeExchange and BitFunder was found guilty of security fraud in which he took part. Jon Montroll was accused of fraud several investors as well as a regulatory body. He stood behind the manipulations of the attacks researches to which his two crypto trading platforms were subjected. "Texan Jon Montroll aka 'Ukyo' [...]