Cryptocurrency Analysis and News Portal
When Reality Shares ETF Trust, a branch of Blockforce Capital, pulled its filing of a proposed exchange-traded fund made up of 15 percent bitcoin and 85 percent global currencies, many observers assumed the company made a mistake. It turns out the U.S. Securities and Exchange Commission previously told the asset
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The United States Securities and Exchange Commission (SEC) has decided to postpone the Wilshire Phoenix’s Bitcoin ETF proposal. According to a document released by the commission, they will continue putting the proposal under review. By February 26th, 2020, the SEC will approve or disapprove the rule changes that will determine
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The Securities and Exchange Commission (SEC) has postponed making a decision on a bitcoin and U.S. Treasury bond exchange-traded fund (ETF) proposal filed by Wilshire Phoenix.According to a document published Friday, the SEC will continue evaluating the proposal, which was first filed earlier this summer, setting Feb. 26, 2020 as
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Internet startup Blockchain of Things Inc. (BCOT) agreed to pay $250,000 to settle with the U.S. Securities and Exchange Commission for launching an initial coin offering without registering with the regulator. The federal securities regulator has long held that ICOs are a form of security and thus must be registered.In an
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The United States Securities Exchange Commission (SEC) has announced that it is looking for ways to expand the classification of “accredited investor,” with potentially major implications for capital formation of firms hesitant to meet full public reporting requirements.The amendments and who gets to be accreditedPer a Dec. 18 announcement
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The United States Securities and Exchange Commission (SEC) has reached a settlement with New York-based startup Blockchain of Things Inc. (BCOT) for conducting an unregistered initial coin offering (ICO).On Dec. 18, the SEC announced in a press release that the charges were settled in the form of an order
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The U.S. Securities and Exchange Commission (SEC) wants to allow more individuals and entities to invest in regulated financial instruments.According to a press release issued Wednesday, the SEC intends to add a list of new qualifications to become an accredited investor. At present, accredited investors are defined as individuals with
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Security token platform TokenSoft has hired Alex C. Levine, formerly of several key United States financial regulators, to handle compliance for all security offerings.In a Dec. 17 press release, the San Francisco-based token issuance platform announced the hiring of Levine as its new chief legal officer of TokenSoft and
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While price remains way below where it should be, partnerships, infrastructure, adoption continue to grow and now the world’s financial elites are discussing Ripple tech. The Federal Register released a document on the 6th Dec naming XRP explicitly as a virtual currency that can settle cross border payments without the banking
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Transfer agents act as intermediaries for parties in stock transactions. They can engage in activities like providing stock transfer services, book entries, order reviews, proxy voting, dividend disbursement and providing reports to fulfill regulatory and tax obligations. Original Source
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