Tag: ico tokens

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, regulation

SEC Chair Clayton: Safeguards Don’t Exist in Digital Currency Markets

SEC Chairman Jay Clayton relayed a mixed message to the crypto community during a conversation with Glenn Hutchins, founder of private equity firm Silver Lake Partners at the Coindesk Consensus Invest conference yesterday. Speaking in a personal capacity, Clayton praised blockchain – bitcoin’s underlying technology – and said that the technology had “incredible promise” for infrastructure in financial markets, beyond securities. But he also expressed … Continue reading SEC Chair Clayton: Safeguards Don’t Exist in Digital Currency Markets

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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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