Category: ICO

cryptocurrency news, ICO, regulation

California Judge Rules Against SEC In ICO Token Case

In a preliminary ruling that may be considered as a rebuke to the SEC’s broad definition of a security, a U.S. District Court in Southern California rejected a motion by the federal agency to bar Blockvest LLC, a startup, from conducting an ICO for sale of its tokens. The federal agency had obtained an emergency court ruling in October to stop Blockvest because the startup … Continue reading California Judge Rules Against SEC In ICO Token Case

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cryptocurrency news, ICO, regulation

Former CFTC Chair Gensler Ratchets Up Controversy In Cryptocurrency Ecosystem

Former CFTC Chairman Gary Gensler dialed up the conversation on cryptocurrencies this week at the MIT Business of Blockchain conference by wading into contentious topics related to cryptocurrency regulation. His talk spanned a broad range of topics but the most controversial aspect of his speech related to the status of Ethereum’s ether and Ripple’s XRP as securities. Continue reading Former CFTC Chair Gensler Ratchets Up Controversy In Cryptocurrency Ecosystem

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ethereum, ICO, regulation

The Case For Ethereum As A Security Token

During a Congressional hearing last month, SEC Chairman Jay Clayton said all ICO tokens he had seen were securities. That remark, with all its attendant implications, has spooked investors and snowballed into a series of actions that might end up radically reshaping cryptocurrency markets. Since Clayton’s remark, the SEC has tightened the screws on coin offerings and exchanges. Just last week, the agency threatened to … Continue reading The Case For Ethereum As A Security Token

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