Thailand SEC to impose strict guidelines for crypto-related ads
Thailand’s Securities and Exchange Commission (SEC) is set to impose strict regulations on cryptocurrency-related adverts in the country. By email, the Thai SEC reminded cryptocurrency-related companies operating there that, as of September 1, all consumer-facing advertisements for digital currencies must include unambiguous investment warnings. Later, the announcement was published on the SEC website. In response […]
US SEC postpones VanEck’s application for Bitcoin spot ETF
The Securities and Exchange Commission (SEC) of the United States has once again postponed VanEck’s third application for a Bitcoin (BTC) spot exchange-traded fund (ETF). The company has been attempting for a while to obtain approval for what will be the first BTC ETF in America, and its initial application to the SEC in 2017 […]
Court grants Ripple approval to authenticate videos of SEC officials
As the Ripple-SEC case continues, a Magistrate Judge has granted approval to the defendant to authenticate some critical videos provided by the SEC officials. Ripple has been granted permission by Magistrate Judge Sarah Netburn to serve non-party subpoenas on video hosting services in order to authenticate some films of senior Securities and Exchange Commission officials […]
CFTC and SEC propose amending reporting rules for hedge funds
The SEC and CFTC cited development in the hedge fund business as the rationale for the proposed adjustment. Large advisers to certain hedge funds would be required to disclose any exposure to digital assets, according to a proposal from the Commodity Futures Trading Commission and the Securities and Exchange Commission of the United States. The […]
SEC charges 11 people for $300 million cryptocurrency “pyramid scheme”
The Forsage founders and promoters are being sued by the SEC for allegedly supporting a $300 million “textbook pyramid and Ponzi scheme.” 11 people have been prosecuted by the Securities and Exchange Commission (SEC) for allegedly helping to establish the “fraudulent crypto pyramid scheme” platform Forsage. The SEC accused the platform’s creators and promoters of […]