Cryptocurrency Analysis and News Portal
Ethereum is most likely not a security under existing United States laws, as previously said by U.S. Securities and Exchange Commission (SEC) Division of Corporate Finance head William Hinman."Based on my understanding of the present state of Ether, the Ethereum network and its decentralized structure, current offers and sales
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The United States Securities and Exchange Commission (SEC) is soliciting industry input as it potentially reconsiders existing custody rules in specific cases of digital asset trading and settlement.The SEC launched its information gathering initiative in an open letter to Karen Barr, president and CEO of the Investment Adviser Association,
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United States Securities and Exchanges Commission (SEC) Chairman Jay Clayton is still concerned about investor protection when it comes to the commission approving a Bitcoin (BTC) Exchange-Traded Fund (ETF). The SEC chairman spoke about crypto in an interview with FOX Business on March 14.In the interview, Clayton claimed to
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For a long time now, mutual funds have dominated the cryptocurrency trading market by offering investors professional management, daily liquidity, broad diversification, and relatively low cost. Exchange Traded Funds (ETFs) enhance these benefits even further, and this is one of the main reasons why they are on the rise
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ETH price remained below the key $133 and $134 resistance levels against the US Dollar.SEC’s Chairman reaffirmed that Ethereum (ETH) is not a security, but it failed to boost the market.This week’s important bearish trend line is in place with resistance at $133 on the hourly chart of ETH/USD (data
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Thailand’s securities regulator has approved the first initial coin offering (ICO) portal in the country, local daily news outlet the Bangkok Post reported on March 12.The Thai Securities and Exchange Commission's (SEC) board of directors has reportedly authorized the first ICO portal that allows to screen ICOs, perform due
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Securities and Exchange Commission Chairman Jay Clayton confirmed an existing analysis stating that Ethereum and other tokens of similar characteristics did not fall within the securities category under SEC standards. Comm. Jay Clayton Mr. Clayton issued that statement in an official response to US House Rep. Ted Budd, who requested a formal
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The cryptocurrency market is making a comeback this week, after closing out last week in the red. Crypto news was pretty slow last week, but it has picked up a bit today. This morning, CoinCenter released news that the SEC Chairman confirmed that ETH is not ruled as a security by
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United States Securities and Exchanges Commission (SEC) Chairman Jay Clayton confirmed that Ethereum (ETH) and cryptocurrencies like it aren’t securities under U.S. law, non-profit crypto research organization Coin Center reports on March 12.Citing a letter written by Clayton, Coin Center reports that the SEC staff has found that ETH
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Securities and Exchange Commission Chairman Jay Clayton has formally confirmed existing staff analysis that Ethereum and other similar decentralized cryptocurrency assets are not securities, even if they were initially sold through an illegal securities offering.Clayton made this revelation in a letter sent to US House Rep. Ted Budd, who had
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