Category: SEC

US: ICO Market Is Example Of Unregulated Securities Market, Says SEC Commissioner

The US SEC commissioner said the agency’s priority in crypto markets is consumer protection. US Securities and Exchange Commission (SEC) Commissioner Robert Jackson highlighted consumer protection regarding Initial Coin Offerings (ICO) in an interview on CNBC today, April 30. When asked about cryptocurrencies and ICOs, Jackson said that he hasn’t yet seen an ICO that

We Can’t All be a Happy Whale, or Can We?

Written by Louie Procopio Investing in Blockchain Startups via Initial Coin Offerings was once a game we all could play together. It was a medium of inclusion and opportunity to almost anyone with access to the internet and a few bucks to invest with. There wasn’t a hundred new ICOs popping up every day, and

US: SEC Official Says ICO Regulation Should Be ‘Balanced’, Congressman Suggests Ban

An SEC official said that the approach to ICO regulation should be “balanced” at a committee hearing of the US Financial Services Committee. In a hearing at the US House of Representatives on Thursday, April 26, a regulator from the US Securities and Exchange Commission (SEC) and House Financial Services Committee members hotly disagreed over

In Apparent Exit Scam CEO Of German Startup Is ‘Over And Out’ After $50 Mln ICO

In apparent exit scam, German startup Savedroid founder posts a Tweet saying “over and out” аfter raising $50 mln in ICO. Update: Thursday, April 19, Savedroid’s CEO posted a video to YouTube claiming that the apparent exit scam was actually a PR stunt the company pulled off to advocate for “high quality ICO standards.” The