Archive | sec

Embezzlement, Burglary, and Insider Trading Allegations Send Skycoin Crashing Down

Of all cryptocurrency projects, Skycoin is perhaps the one that the community is most opinionated on and confused by. Especially recently, Skycoin has grabbed the attention of cryptocurrency enthusiasts worldwide. Unfortunately for holders, each passing headline seems to send the ambitious project down further. After achieving a temporary high of US$35 in response to its […]

McAfee Announces He Will No Longer Support ICOs Due to SEC Threats

One of the most fervent and bullish ICO promoters has announced that he’ll no longer work with ICOs. John McAfee, the renowned computer programmer and businessman behind the McAfee security software company, made the announcement via Twitter. McAfee has been a vocal supporter of cryptocurrencies and ICOs, having predicted that Bitcoin would hit $1 million […]

Litecoin Futures are a Go on UK Crypto Exchange

Litecoin (LTC) derivatives are a go in the UK. Trading platform Crypto Facilities announced that as of Friday, June 22, their new dollar-denominated service will allow investors to trade in futures contracts which have Litecoin as the underpinning collateral, with weekly, monthly and quarterly maturities. Litecoin Futures Ready to Go in the UK The announcement comes only… […]

CBOE President Says ICO “Reckoning” Due

The president of the Chicago Board Options Exchange (CBOE), Chris Concannon, says coming Securities and Exchange Commission (SEC) regulations for initial coin offerings (ICOs) will have catastrophic effects for investors and the market. He says “the reckoning will come in two waves” and “it should be keeping investors up at night”. CBOE is the largest […]

CBOE Considering Ethereum Futures After SEC Decision

The President of the Chicago Board Options Exchange (CBOE), Chris Concannon says Ethereum futures could be available soon, following a decision from the Securities and Exchange Commission (SEC) that Ethereum won’t be regulated as a security. The CBOE President says this decision gets rid of a major stumbling block that was hindering the path towards legally […]

Ethereum Futures May Emerge Soon, as SEC Clarifies Ether is Not Security

Ethereum futures may be a thing of the very near future says the Cboe now that the SEC has made an official ruling that Ethereum is not a security. SEC Offers Clarity to Ethereum Thursday’s announcement by the US Securities and exchange commision head William Hinman at the Yahoo Finances all market summit Crypto in… […]

McAfee Furious over SEC Decision to Classify ICOs as Securities, Demands Debate with SEC Chairman

Infamous cryptocurrency advocate John McAfee, who is running for President of the United States with a campaign platform that focuses on cryptocurrency, is furious over the Security and Exchange Commission’s (SEC) decision to classify most initial coin offerings (ICOs) as securities. He is demanding a debate with SEC chairman Jay Clayton that would he hopes […]

Uneasy Regulatory Status Surrounding Ripple (XRP) Sparks Debates

The situation involving Ripple’s native XRP asset is evolving rather slowly. More specifically, people want to know whether or not this is effectively a security. With the Ethereum situation now clarified, one can only hope more information regarding Ripple in the coming days and weeks. The XRP Situation Remains Unclear There are some characteristics about Ripple’s… […]