SEC

Dapper Labs, the developer of the game CryptoKitties, raised $ 11.2 million to create the Flow blockchain, Forbes reports. Investors included Andreessen Horowitz, Digital Currency Group and Warner Music Group. They have acquired stakes in the company, but will be able to convert them into Flow native tokens after approval by the US Securities and Exchange Commission (SEC). The Flow blockchain is focused on […]

Chairman of the US Securities and Exchange Commission (SEC) Jay Clayton saw progress in work on the Bitcoin ETF. At the same time, the department has doubts. In an interview with CNBC, Clayton emphasized that there is no proper custodian in the industry. He also pointed out the threat of price manipulation on unregulated exchanges. The head of the SEC acknowledged that cryptocurrency enterprises are already much closer to […]

Russian-based research firm ICORating has agreed to pay fines of $ 268,998 to the US Securities and Exchange Commission (SEC). SEC Charges ICO Research and Rating Provider With Failing to Disclose It Was Paid to Tout Digital Assets https://t.co/G9SMJfddvk – SEC_News (@SEC_News) August 20, 2019 So, representatives of the department accused the organization of […]

By the end of 2019, Silvergate Bank, California, will begin issuing loans secured by digital assets to selected institutional clients. This is stated in S1 form, which the parent company Silvergate Capital Corporation filed with the US Securities and Exchange Commission (SEC) in anticipation of the IPO. So, the bank found a demand for loans for the purchase of cryptocurrencies. The new service involves […]