# SEC files complaint against operator of ‘unregistered’ M Crowd Machine ICO

# SEC files complaint against operator of ‘unregistered’ $33M Crowd Machine ICO

“# SEC files complaint against operator of ‘unregistered’ $33M Crowd Machine ICO ” The United States Securities and Exchange Commission (SEC) has filed a suit against Australian Craig Derel Sproule for the allegedly “fraudulent and unregistered” sale “of digital asset securities” in an Initial Coin Offering his company conducted in 2018. The SEC alleges in…

Read More
# Bitcoin ETF decision delayed, SEC commissioner wonders why

# Bitcoin ETF decision delayed, SEC commissioner wonders why

“# Bitcoin ETF decision delayed, SEC commissioner wonders why ” The United States Securities and Exchange Commission has postponed its decision to approve NYDIG’s spot exchange-traded fund (ETF) for Bitcoin (BTC), delaying until March 16. In a notice published on Tuesday, the SEC found it “appropriate to designate a longer period within which to issue…

Read More
#Nasdaq’s diversity rule rankles Republican states

#Nasdaq’s diversity rule rankles Republican states

“#Nasdaq’s diversity rule rankles Republican states” A group of Republican-led states slammed Nasdaq’s implementation of a diversity disclosure rule for corporate boards this week, arguing in a court filing that the requirement is illegal and unconstitutional. The states outlined their position in a legal brief supporting a lawsuit in the Fifth Circuit Court of Appeals,…

Read More
# SEC chair has a new senior adviser for crypto

# SEC chair has a new senior adviser for crypto

“# SEC chair has a new senior adviser for crypto ” United States Securities and Exchange Commission (SEC) chair Gary Gensler has added a new staff member who will offer advice related to crypto policymaking and interagency work.  In a Thursday announcement, the SEC said Corey Frayer would be joining Gensler’s executive staff as a…

Read More
# Law Decoded: Making sense of mixed signals, Dec. 13–20

# Law Decoded: Making sense of mixed signals, Dec. 13–20

“# Law Decoded: Making sense of mixed signals, Dec. 13–20 ” The crypto regulation regime in any jurisdiction is an equilibrium among multiple institutional, group and personal interests of actors who have a sway over financial and monetary policies. These interests never perfectly align, frequently resulting in contradictory signals coming out of various power centers….

Read More
# SEC delays decisions on Bitwise and Grayscale’s Bitcoin ETFs

# SEC delays decisions on Bitwise and Grayscale’s Bitcoin ETFs

“# SEC delays decisions on Bitwise and Grayscale’s Bitcoin ETFs ” The United States Securities and Exchange Commission (SEC) continues to delay decisions on Bitcoin (BTC) exchange-traded funds (ETF), issuing two fresh deadline extension notices. On Dec. 15, the SEC postponed two major Bitcoin exchange-traded offering proposals, including NYSE Arca’s “actual” Bitcoin ETF, named Bitwise…

Read More