US Intelligence Chief Raises Concerns With SEC Over China’s Crypto Dominance: Report
U.S. intelligence chief John Ratcliffe was reportedly seeking clearer regulation around digital currency. Source
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SEC
What SEC Chairman Jay Clayton Stepping Down Means for Markets
Jay Clayton is stepping down as chairman of the Securities Exchange Commission. Here’s what that means for crypto and traditional markets. NLW expands upon the piece, discussing Clayton’s legacy in crypto and how a Biden economic team might impact the space. Source
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Law Decoded: Green lights of the SEC, black flags of Binance, Nov. 13–20
Libel laws and new faces at the U.S. securities regulator
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SEC Grants IMVU Permission to Sell Digital Tokens
The U.S. Securities and Exchange Commission (SEC) has granted another crypto firm permission to sell its native cryptocurrency. The SEC published a “no-action letter” on Thursday (dated Nov. 17) to IMVU, a digital avatar company, allowing the firm to sell its VCOIN digital tokens to users, albeit with strict restrictions on
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Rapper T.I.’s associates to cough up $100K in FLiK token case with SEC
Three associates of Clifford Joseph Harris Jr., a rapper also known as T.I. who was responsible for helping launch the FLiK token, have agreed to pay more than $100,000 after a U.S. district court approving a settlement.According to records filed Nov. 17 in the U.S. District Court for the Northern
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SEC leader touts record on digital assets on his way out the door
Bill Hinman, outgoing director of the Division of Corporation Finance at the U.S. Securities and Exchange Commission chose to focus one of his last speeches on the commission’s achievements in regulating crypto during his tenure.In remarks published on the Securities and Exchange Commission, or SEC, website on Nov. 18, Hinman
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SEC Brought 56 Court Cases against Crypto, Chairman Jay Clayton to Leave by Year End
The SEC revealed that it brought 56 cases related to blockchain projects, cryptocurrencies and digital assets since July 2017.The current serving Chairman of the Securities and Exchange Commission (SEC) Jay Clayton is set to conclude his tenure by the end of the year. According to The New York Times, Jay
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SEC Still Looking into ‘Qualified Custodian’ for Cryptocurrency?
SEC may be seeking to establish a definition for “Qualified Custodian” to easily identify companies that fall into that category for easy supervision. The US Security Exchange Commission (SEC) has requested public comments on what “Qualified Custodian” means in crypto following ongoing claims. This came about after a wealth management firm
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The SEC Is Still Looking at Custodian Rules for Crypto
The U.S. Securities and Exchange Commission (SEC) is once again asking about qualified custodians and how crypto custody fits into this regulatory framework.Last month, the Wyoming Division of Banking granted a no-action letter to Two Ocean, a wealth management firm hoping to offer custodial services for digital assets (which include
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SEC Finalizes Rule Change That Could (One Day) Juice Token Sales
Companies can now raise more money under three key securities exemptions without having to register with SEC. Source
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