SEC

The US Securities and Exchange Commission (SEC) still believes that the first cryptocurrency is not a security. According to The Block, Cipher Technologies Bitcoin Fund has applied for registration of a closed interval fund and an investment company. The submitted documents indicate that Bitcoin is a security. SEC staff did not agree with this information, citing the test […]

Block.one came to an agreement with the US Securities and Exchange Commission (SEC) to pay a fine of $ 24 million for violating securities laws during an ICO EOS project. SEC orders blockchain company to pay $ 24 million penalty for unregistered ICO https://t.co/em95RbxWEQ – SEC_News (@SEC_News) September 30, 2019 The Office indicated that […]

The Canadian company Kik Interactive, the developer of the Kik mobile messenger, will cut 70 employees of the cryptocurrency division, Calcalist reports. Kik CEO Ted Livingston wrote in a blog post that the company will close the messaging app and reduce the team to 19 people to focus on developing the Kin token ecosystem. According to Livingston, the decisions taken will reduce the average monthly cost of the company by 85%. […]