The court case between SEC and Ripple Labs has been ongoing for nearly two and a half years, but a summary judgment ruling could be made any day.
SEC warns Filecoin ‘meets definition of a security’ — Grayscale
The regulator has asked Grayscale to withdraw its application for a Filecoin Trust product, saying its underlying asset “meets the definition of a security.”
Filecoin Price Drops After SEC Asks Grayscale to Withdraw FIL Trust Application
The U.S. Securities and Exchange Commission (SEC) asked Grayscale to withdraw its application to launch a Filecoin Trust product, the company revealed Wednesday.
DLT-Powered Financial Markets Could Save $100B Per Year, TradFi Study Says
The Global Financial Markets Association called for regulators to be more open to the tech underpinning cryptocurrency
SEC Can’t Seal Docs Tied to Hinman’s Ether Speech, Judge in Ripple Suit Rules
The SEC and Ripple have sparred for months over a set of documents related to Bill Hinman’s 2018 speech on securities law and ether.
SEC revises $22M punishment against LBRY, seeks $111K instead
The SEC originally wanted LBRY to pay millions of dollars in penalties, but now concedes the defunct firm can’t pay up that amount.
Terraform Labs seeks to dismiss class action arguing US laws don’t apply
Federal securities laws only apply in the United States, but the protocols were developed overseas, argues Terraform Labs.
Gary Gensler links crypto with cash in viral 2018 video — Crypto Twitter reacts
The 2018 MIT professor Gary Gensler didn’t think most ICOs triggered U.S. securities laws.
SEC’s ‘brute force’ crypto regulation attempt is ‘bad policy’ — Paradigm
The venture capital firm pointed out the fundamental differences between crypto assets and securities.
SEC targets DeFi in vote to revisit proposal concerning the definition of ‘exchange’
“It seems perverse to me that we would be encouraging centralization,” said SEC Commissioner Hester Peirce prior to a vote on the proposal.
SEC Advisory Group Backs Gensler’s Crypto Efforts But Asks for Industry Guidance
Citi Analyst: CBDCs Will Be a ‘Trojan Horse’ for Blockchain Adoption
Future of Finance Global Head Ronit Ghose says the adoption of blockchain technology will be driven by CBDCs, digital securities and endgame tokens.
Arbitrum Shows Just How Messy (and Tricky) Crypto Airdrops Can Be
Bugs, server crashes and scammers continue to plague crypto airdrops. Will regulatory pressures be next?
Cathie Wood’s ARK loading up on Coinbase shares again, buying $18M
ARK Invest purchased 269,928 shares in Coinbase on March 23, only two days after it sold $13.5 million, its first sale of Coinbase shares this year.
Coinbase CEO on its Wells Notice: SEC is like soccer referees in a game of pickleball
Brian Armstrong made the interesting analogy when asked to explain the firm’s recent “Wells Notice” in “NFL terms.”
Is Ether a Security?
Last Thursday morning, I wondered whether I needed to write a follow-up piece about Silvergate Bank. On Thursday evening, I wondered whether my main topic should instead be about ether potentially being a security. And then, obviously, some things happened.
SEC Chairman Gensler Suggests Again That Proof-of-Stake Tokens Are Securities: Report
U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler is doubling down on his opinion that proof-of-stake tokens could meet the definition of securities under the Howey test, thus bringing them under his agency’s regulatory authority.
Primary vs. secondary markets: Key differences
Primary and secondary markets differ in securities, pricing, risk, volume, liquidity, timeframe and more.
Securities Platform DEFYCA to Release Tokenized Private Debt Protocol on Avalanche
DEFYCA’s launch highlights the growing trend of bringing tokenized versions of traditional markets like debt to blockchains.
Gitcoin’s Owocki Says Crypto Can Regenerate the World. Just Don’t Call Him Starry-Eyed
A programmer by training, Owocki’s view of securities law is not based in any formal legal training but crypto optimism, evolutionary science, economics and legal theory, with a focus on the principal-agent problem.