The US Securities and Exchange Commission filed an emergency action and obtained a temporary restraining order against the entities behind Telegram’s $1.7 billion token sale. This effectively prevents Telegram from
Block.one Settles with SEC over Unregistered EOS Token Sale
EOS parent Block.one has reached a settlement with the US Securities and Commission (SEC) over its unregistered token sale. Block.one will have to pay $24 million in penalties for the
Coinbase, Kraken, Poloniex and Bittrex Launch Crypto Rating Council
Leading US-based cryptocurrency exchanges Coinbase, Kraken, Poloniex and Bittrex have come together to launch a new system which rates which cryptocurrencies are likely to be deemed as securities under US
Messaging App Kik Shuts Shop to Focus on Crypto
Messaging app Kik, which had launched a cryptocurrency named Kin announced that it was shutting down the messenger app completely. The Chief Executive Officer (CEO) and founder of Kik and
SEC Sues ICOBox, Founder for Masquerading as Broker
The Securities and Exchange Commission (SEC) sued ICOBox and its founder Nikolay Evdokimov, for conducting an illegal Initial Coin Offering token sale for ICOBox’s native tokens on Wednesday. The SEC
SEC Finally Releases Framework for Digital Assets
The US Securities and Exchange Commission (SEC) has released its framework for digital assets, which will come as a huge relief to token issuers. The SEC had said last year
Ethereum is not a Security: US SEC Chairman Jay Clayton
The US Securities and Exchange Commission (SEC), the country’s premier securities regulation body, has finally given Ethereum a clean chit. Chairman Jay Clayton, in a letter, has confirmed that Ethereum
Is Apple going to embrace blockchain technology soon?
There have been a lot of rumours about technology giants getting into cryptocurrencies and blockchain technology. Last year, we had reported about Facebook’s plans to develop a cryptocurrency for Whatsapp. Reportedly,
US Court rules case in favour of ICO project against SEC
In a landmark judgement, the US federal court has ruled a case in favour of an ICO project in regards to a securities classification. The case was between the Securities
SEC charges decentralised exchange EtherDelta
The US Securities and Exchange Commission (SEC) announced that it has levied charges against decentralised exchange EtherDelta founder Zachary Coburn of running an unregistered ‘security exchange’. The founder of EtherDelta
