SEC

SEC Approves Volt Equity’s Crypto Stock ETF

SEC Approves Volt Equity’s Crypto Stock ETF

The U.S. Securities and Exchange Commission (SEC) has approved an exchange-traded fund (ETF) that aims to provide investors with exposure to publicly traded companies with exposure to bitcoin. According to a prospectus filed Oct. 1, the Volt Crypto Industry Revolution and Tech ETF will track the performance of so-called “Bitcoin Industry Revolution Companies” – publicly listed …

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Latest bitcoin ETF filing submitted by First Advisors, SkyBridge Capital

SEC rolls decisions on four bitcoin ETF applications to end of 2021

advertisement The Securities and Exchange Commission (SEC) punted on four bitcoin exchange-traded fund (ETF) applications today, shifting deadlines into late November and December. Issuers Global X, Valkyrie, WisdomTree and Kryptoin all received extension on their proposals today. The proposals are now slated to receive their decisions on Nov. 21, Dec. 8, Dec. 11 and Dec. …

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SEC can collect unpaid ICO promotion fines from Steven Seagal, says judge

SEC files enforcement action against alleged crowdfunding scheme

advertisement The Securities and Exchange Commission (SEC) has charged those involved with a crowdfunding scheme for allegedly selling $2 million in unregistered securities. In an announcement today, the agency claims Robert Shumake, Nicole Birch and Willard Jackson conducted fraudulent crowdfunding offerings through cannabis and hemp companies Transatlantic Real Estate LLC and 420 Real Estate LLC. …

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Brian Armstrong responds to SEC threats to shut down Coinbase yield product

Brian Armstrong responds to SEC threats to shut down Coinbase yield product

Crypto exchange Coinbase CEO Brian Armstrong responded Tuesday evening to planned enforcement by the U.S. Securities and Exchange Commission pertaining to the firm’s recently announced yield-generating product. The firm, which went public on the Nasdaq stock exchange in April, received a subpoena by the SEC less than three months after it announced to the market …

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SEC can collect unpaid ICO promotion fines from Steven Seagal, says judge

SEC can collect unpaid ICO promotion fines from Steven Seagal, says judge

Actor Steven Seagal owes the U.S. Securities and Exchange Commission unpaid fines stemming from a settlement related to the promotion of an initial coin offering — and a U.S. judge has empowered the agency to seek collection. According to Bloomberg, Seagal owes more than $200,000. As previously reported, Seagal settled with the agency after being …

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Ether price hits new highs above $2,560, market cap nearing $300 billion

Kryptoin files with the SEC to create an ETH ETF

Research Layer-1 Platforms: A Framework for Comparison The Block Research was commissioned by Algorand to create Layer-1 Platforms: A Framework for comparison, which provides a “look under the hood” at seven platforms: Algorand, Avalanche, Binance Smart Chain, Cosmos, Ethereum/Ethereum 2.0, Polkadot, and Solana. We assess their technical design, related ecosystem data, and qualitative factors such …

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

SEC files insider trading charges years after iced tea company’s 2017 blockchain ‘pivot’

A now-infamous “pivot” from iced tea to blockchain tech that sent a publicly-traded company’s stock soaring has years later resulted in insider trading charges against three individuals. The Securities and Exchange Commission went public with its lawsuit on Friday, according to a press release, alleging that Eric Watson, Oliver-Barret Lindsay and Gannon Giguiere engaged in …

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

SEC Commissioners say they’re concerned about the Gensler agenda

Securities and Exchange Commissioners (SEC) Hester Peirce and Elad Roisman are advocating the agency spend fewer resources on overhauling existing rules and more energy on crafting regulation for emerging areas — including digital assets. Though Peirce previously said she anticipated a Gensler-led SEC would create a “productive few years” for crypto, she and her colleague …

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

WisdomTree becomes the second to file for an ETH ETF with the SEC

WisdomTree has filed for an exchange-traded fund (ETF) based on ether, according to a new S-1 filed with the Securities and Exchange Commission.  The so-called WisdomTree Ethereum Trust plans to list on Cboe BZX Exchange, the same venue it plans to list shares of its proposed bitcoin ETF. The proposal will be updated as it …

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