The United States government could regulate crypto assets and tokens differently than stocks and traditional assets. The United States government could regulate crypto assets and tokens differently than stocks and traditional assets by altering the existing regulatory framework on securities. On Dec. 22, CNBC reported that two congressmen — Warren Davidson and Darren Solo — […]
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U.S. SEC chairman Jay Clayton has said he is “optimistic” that developments in distributed ledger technology can bolster “capital formation.” United States Securities and Exchange Commission (SEC) chairman Jay Clayton has said this week that he is “optimistic” that developments in distributed ledger technology (DLT) can “help facilitate capital formation.” Speaking as part of a […]
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Warren Davidson, Republican congressman for the 8th district of the U.S. state of Ohio, plans to introduce a bill that would allow ICOs to “sidestep” securities laws. Ohio Congressman Warren Davidson plans to introduce a bill that would allow Initial Coin Offerings (ICOs) to “sidestep” U.S. securities laws, according to a report from Washington Examiner […]
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Morgan Stanley’s report shows Bitcoin’s appeal to institutional investors as the market evolves. On October 31, multinational investment bank and financial services company, Morgan Stanley, released their latest report on Bitcoin. The report, entitled “Update: Bitcoin, Cryptocurrencies and Blockchain,” stated that Bitcoins and altcoins have constituted a “new institutional investment class” since 2017. In comparison […]
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In an effort to get more clarity on the regulation of digital currencies, U.S. representatives wrote to U.S. Securities and Exchange Commission (SEC) chairman Jay Clayton. The lawmakers are looking for the official to lay out how the agency plans to regulate digital currency in clearer terms, CNBC reported. The U.S. representatives wrote in the […]
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William Hinman, the SEC Director of the Division of Corporate Finance, spoke at the Yahoo Finance Summit, and provided clarity on whether a token sale, ICO or other digital assets are securities or not. First, it is important to understand that this interpretation of what qualifies as a security is not codified into law. It […]
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