SEC

The famous Harvard University became one of the investors of the New York blockchain-company Blockstack, directly investing up to $ 10 million in the project. In particular, this was noticed by Anthony Pompiano, CEO of the Morgan Creek Digital Asset Management Fund. BREAKING: Harvard's endowment invested $ 5M – $ 10M directly into Blockstack's token sale. This means that one of the leading university endowments is […]

Well-known American economist John Berlau criticized the position taken by the US Securities and Exchange Commission (SEC) with regard to cryptocurrencies and digital tokens, saying that its approach to this industry leaves little to many middle-class investors. John Berlau outlined his thoughts in a work published on April 11 under the title “Cryptocurrency and the SEC's Limitless […]

Jonathan Silverman, a former employee of one of the oldest Bitcoin exchanges Kraken, sued her, accusing that the platform’s management did not pay him for the work he had done. This writes Bloomberg. According to the lawsuit, which was filed on April 4, Kraken hired Silverman in April 2017 as the manager of institutional sales and trading operations in […]

The US Securities and Exchange Commission (SEC) has published a new guide for issuers of cryptocurrency tokens, which can be considered unofficial instructions for determining whether the issued assets fall into the category of securities. The document has been drafted over the past six months by the Strategic Hub for Innovation and Financial Technologies of the Ministry (FinHub). Is a digital asset a security? FinHub […]

Celo blockchain startup has completed a $ 30 million round of financing with the participation of large venture funds Andreessen Horowitz and Polychain Capital, according to The Wall Street Journal. Investors purchased project tokens for $ 15 million and $ 10 million, respectively. Another $ 5 million startup received from "several leading structures", whose names did not disclose. Celo has offices in San Francisco and Berlin […]

US Congressmen presented two regular bills aimed at regulating the cryptocurrency industry in the country. This writes Bitcoinist. The first draft law “On the protection of the rights of consumers of virtual currencies” is aimed at countering price manipulation. In case of its adoption, the Commission for urgent exchange trading (CFTC) will have to prepare a report describing possibilities for manipulating prices in virtual currency, including […]