Tag: Securities and Exchange Commission

Digital Assets Don’t Change Reporting Needs, SEC’s Top Accountant Says

The chief accountant for the Securities and Exchange Commission has stated that firms have a accountability to observe accounting requirements when working with blockchain and digital property. Wesley Bricker spoke earlier than the AICPA National Conference on Banks & Saving Institutions in Washington, D.C., on Monday, remarking that “it is essential to keep in mind […]

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Josh Garza Sentenced to Prison and Fined $9M over GAW & Paycoin Scam

News U.S. Attorney’s Office District of Connecticut has introduced Homero Joshua Garza (Josh Garza) has been sentenced to “21 months of imprisonment, followed by three years of supervised release, the first six months of which [Mr. Garza] must spend in home confinement, for his role in his companies’ purported generation and sale of virtual currency.” […]

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Thailand Updates ICO Licensing Progress, Warns Firm Issuing Token Without License

Regulation The Thai Securities and Exchange Commission has revealed the variety of purposes it has acquired from companies desirous to function preliminary coin providing portals within the nation. However, at the very least one firm is already issuing a token with out acquiring approval. Meanwhile, the primary Thai Stock Exchange-listed firm to launch a token […]

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Who Needs a Bitcoin ETF? Crypto Scoffs at SEC Rejections

Over the previous two days, the narrative on bitcoin alternate traded funds (ETFs) within the U.S. has felt like a rollercoaster. Up till Wednesday, all eyes have been looking forward to a ultimate choice on two futures-backed bitcoin ETF proposals set to be listed on the New York Stock Exchange (NYSE) and created by ProShares. […]

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SEC Wants Second Look at Nine Bitcoin ETFs

Finance One day after the U.S. Securities and Exchange Commission (SEC) rejected proposed rule adjustments for 9 bitcoin ETFs, the Commission initiated a assessment of all associated selections. Three rejection orders made on August 22 are actually stayed pending the assessment by the SEC Chairman and the Commissioners. Also learn: Yahoo! Japan Confirms Entrance Into the […]

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What an SEC Bitcoin ETF Rejection Review Really Means

The U.S. Securities and Exchange Commission (SEC) introduced Thursday that nine bitcoin exchange-traded fund (ETF) disapproval orders are to be stayed until further review. Referencing Rule 431 of the Commission’s Rules of Practice, the SEC stated in a collection of letters that it could rethink the three rejections made by the U.S. regulator’s workers. But […]

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High-Profile Thai Crypto Case: Bitcoiner Lost Over 5,500 BTC – Ringleader Fled to US

News A high-profile crypto case between a renowned celebrity and model has come to general attention Thailand after the Government of the nation’s crypto regulations. Over 5,564 BTC were allegedly stolen by a bitcoin millionaire. The alleged ringleader has fled into the U.S. Thailand’s primary crypto regulator is cooperating with law enforcement on the circumstance. […]

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SEC Has No Jurisdiction to Look at Bitcoin for ETF Decision, Admits Commissioner

Regulation A commissioner of this U.S. Securities and Exchange Commission (SEC) has voiced her view that the agency overstepped its boundaries to reject a bitcoin ETF lately dependent on the underlying asset, bitcoin. She considers that the function of the SEC would be to regard the marketplace for its ETF, not the underlying asset itself. […]

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SEC Subpoenas Another Firm Following Claimed Blockchain Pivot

Long Blockchain, the drink manufacturer that made headlines last year after its stock surged after a pivot to blockchain along with a connected name-change, was subpoenaed by the U.S. Securities and Exchange Commission (SEC). An 8-K form filed by Long Blockchain into the SEC on July 26 and shown Wednesday shows the company received the […]

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