Riot Blockchain to Launch Regulated Crypto Exchange in the US

Riot Blockchain is planning to launch a regulated crypto exchange in the U.S. The publicly traded U.S. company that has faced regulatory issues for a sudden pivot to blockchain, revealed in a filing with the U.S. Securities and Exchange Commission (SEC) Friday that the new entity will be called called RiotX and will develop three main […]

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Will Fiat-Backed Stablecoins Pass Legal Muster With the SEC and CFTC?

Benjamin Sauter and Jake Chervinsky of Kobre & Kim LLP are litigators and government enforcement defense attorneys who specialize in disputes and investigations related to digital assets. This article is not intended to provide legal advice. –––––––––– As we enter the second year of this so-called “crypto winter,” the stablecoin market is hotter than ever. […]

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Inside the SEC, Hester Peirce is Fighting for a Blockchain Future

––––––––––––––––––––––––––––––––– “It’s always time for a change.” Unexpected words from a regulator, but then again, Hester Peirce, one of the five commissioners at the U.S. Securities and Exchange Commission (SEC), isn’t an average regulator. When she speaks of the disruptive role of cryptocurrencies, her words could pass for those of any aspiring blockchain disruptor. “I’m […]

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SEC Fines Crypto Fund $50K and Issues Cease-and-Desist

The U.S. Securities and Exchange Commission has ordered fund manager CoinAlpha Advisors LLC to pay a $50,000 fine following what it deemed to be an unregistered securities sale. According to the order published Friday, CoinAlpha formed a fund in October 2017 with the goal of investing in digital assets. It reached out to possible investors, […]

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SEC Again Delays Decision on VanEck-SolidX Bitcoin ETF

The U.S. Securities and Exchange Commission (SEC) extended a rule change proposal allowing the nation’s first bitcoin exchange-traded fund (ETF), pushing the decision deadline to next year. In a notice posted online, the securities regulator said it was extending the review period for the ETF to Feb. 27, 2019. The proposal was first submitted by […]

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Bitcoin ETF Seekers Met With SEC Monday In Latest Pitch for Approval

Members of VanEck, SolidX and the Cboe BZX Exchange met with U.S. Securities and Exchange Commission (SEC) staff earlier this week to present a new argument on why the bitcoin market is ready for an exchange-traded fund (ETF). In the latest push to convince the regulator to approve a rule change which would open the door […]

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