The US Securities and Exchange Commission has obtained an additional emergency court order from a federal court in Brooklyn, New York freezing assets linked to Dominic Lacroix, the founder of PlexCoin whose assets were frozen when the its ICO was halted amid a fraud investigation in December 2017. Announcing the court order in a communique issued on […]

Cboe Global Markets may now be close to launching an ether futures product, following a recent comment from a U.S. Securities and Exchange Commission (SEC) official indicating that the agency doesn’t consider ethereum’s native cryptocurrency a security. On Thursday, the SEC’s director of corporation finance William Hinman notably said that, based on his understanding of “the ethereum network […]

Two U.S. financial regulators are increasing their agencies’ commitment to bringing closer scrutiny to the country’s cryptocurrency industry. In a Wall Street Journal op-ed published yesterday, both the Securities and Exchange Commission (SEC) ands the Commodity and Futures Trading Commission (CFTC) voiced that they are devoting a significant portion of resources to monitoring the industry. And along with […]

Companies looking to ride the cryptocurrency wave are drawing a stern warning from the top U.S. securities regulator: You better do more than change your name. The Securities and Exchange Commission will be watching firms taking on new names and business models to make sure they’re not just trying lure investors eager to jump on […]

US companies who change their name to include the word ‘Blockchain’ could soon face increased scrutiny from regulators, new comments released Monday, Jan. 22. from the US Securities and Exchange Commission (SEC) suggest. Speaking at the Securities Regulation Institute Monday, SEC Chairman Jay Clayton devoted a small but pointed portion of his remarks to Blockchain technology. Specifically, Clayton […]

WASHINGTON (Reuters) – The U.S. Securities and Exchange Commission (SEC) is scrutinizing public companies that change their name or business model in a bid to capitalize upon the hype surrounding blockchain technology, SEC Chairman Jay Clayton said on Monday. Dozens of little-known companies across the globe have seen their share prices leap in recent months […]