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
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 to review Bitcoin ETF rejections
The US Securities and Exchange Commission (SEC) has said that it will review the nine Bitcoin ETF rejection orders issued earlier this week. In a letter made public by SEC Commissioner
SEC rejects nine Bitcoin ETF proposals
The US Securities and Exchange Commission (SEC) has rejected nine Bitcoin Exchange Traded Fund (ETF) proposals from three different applicants. The SEC has rejected two proposals each from ProShares (NYSE
Cryptocurrency market rebounds after SEC says that Ethereum is not a security
The Securities and Exchange Commission (SEC) has made it clear that Ethereum will not be classified as a security under US law. There was a lot of debate going on
