Former US National Security Agency employee Edward Snowden believes that the prohibitive measures of the Chinese authorities against cryptocurrencies will not interfere with the growth of Bitcoin.
Securities and Exchange Commission (SEC) Commissioner Hester Peirce is concerned that the US may lag far behind other jurisdictions in adopting tradable exchange-traded funds (ETFs) for cryptocurrencies.
New US President Joe Biden may appoint former CFTC chairman Gary Gensler, who is well versed in the cryptocurrency industry, as SEC chairman.
The US Securities and Exchange Commission (SEC) has proposed increasing the limits on attracting investments without registration, including those related to token-share placements (STOs).
SEC proposes to increase the limit on the amount attracted from investors as part of the offer of tokens under Rule A + from $ 50 million to $ 75 million, and crowdfunding income - $ 1 million to $ 5 million in 12 months. These rules, based on the 2012 Act called the Jumpstart Our Business Startup (or JOBS) Act, will allow young companies to raise funds without having to register as an open joint stock company.
US SEC Commissioner Hester Peirce has proposed a three-year regulatory "vacation" for cryptocurrency startups. Peirce at the International Blockchain Congress in Chicago announced this proposal.
Telegram sent a new letter to its investors, in which it says that the launch of the TON blockchain is postponed for six months. The launch deadline is now set for April 30, 2020. Investors can exit the project by taking 77% of their investments.
In the letter, the company refers to a proceeding with the US Securities and Exchange Commission (SEC), which considered Gram tokens to be unregistered securities. The regulator managed to achieve a time limit on their sale and use, which interferes with Telegram's plans.
The American regulator dealt an unexpected blow to the upcoming TON blockchain, accusing Telegram of unregistered sale of tokens a year and a half after the ICO.
The U.S. government seems to consider corporate cryptocurrencies more dangerous than public blockchains. Until now, all the claims of regulators and politicians have been streaming on Facebook for the Libra project, and a similar development by Telegram, which began selling $ 1.7 billion in tokens in January and March 2018, has remained in the background. However, this silence was deceiving.
Speaking at a cryptocurrency summit hosted by Solidus Labs in New York, SEC Commissioner Hester Peirce expressed confidence that digital assets will continue to grow.
The US Securities and Exchange Commission (SEC) fined Russian analytical firm ICORating for not reporting payments for positive feedback on various ICO projects.
The analytical company ICORating is engaged in evaluating investments in ICO projects. It includes team members of well-known cryptocurrency projects, for example, NEO.