issuers

SEC issues no-action letter in response to digital asset securities questions

SEC fines ICO rating website for taking money from issuers in exchange for better reviews

On July 14, the U.S. Securities and Exchange Commission unveiled settled charges against UK-based Coinschedule.  Accessible in the U.S. from 2016 to August 2019, Coinschedule was a platform that reviewed upcoming initial coin offerings, providing seemingly objective perspective as to which ICOs were more or less scammy.  Per the SEC’s order: “The platform claimed to …

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EU finance ministers call for restrictions on stablecoin issuers

EU finance ministers call for restrictions on stablecoin issuers

Finance ministers from major European Union members are calling for the bloc’s executive arm to put in place significant curbs on stablecoins and their issuers.  According to Reuters, officials from France, Germany, Spain, the Netherlands and Italy issued the call on the first day of an EU event being hosted in Berlin this weekend. Reuters …

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Top crypto exchanges, token issuers named in Friday barrage of U.S. class-action lawsuits

Top crypto exchanges, token issuers named in Friday barrage of U.S. class-action lawsuits

Well-known crypto market players and companies were hit by a barrage of new lawsuits filed Friday in New York federal court.  Eleven new putative class actions were filed on April 3 by the Roche Freedman law firm in the Southern District of New York. They separately name Binance, Civic, BProtocol, Status, Block.one, KayDex, Quantstamp, BiBox, …

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