Securities and Exchange Commission
SEC-Registered Crypto Robo-Advisor Makara Launches
Makara bills itself the first SEC-registered crypto robo-advisor.
SEC Sues 5 Over Bitconnect Ponzi Case
The SEC has filed a complaint against five Bitconnect promoters over $2 billion in unregistered assets. Lisa Braganca, attorney and former SEC branch chief, joins "First Mover" and explains the 2018 downfall of Bitconnect and whether the defendants' actions constitute a Ponzi scheme.
Thai SEC Warns DeFi Transactions Could Be Subject to Applicable Licensing Law
The agency is signaling it may move to regulate the country's DeFi sector.
SEC Sues 5 Over $2B Bitconnect Ponzi
Bitconnect collapsed in 2018 after state regulators in Texas and North Carolina filed cease-and-desist letters against its lending and exchange platform.
WisdomTree Files Ethereum ETF Application as Bitcoin Bids Await SEC Decision
The asset manager becomes the second firm to submit an ETH ETF application with the U.S. regulator.
Soulja Boy Tells 'Em He Got Paid to Tweet
The rapper accidentally revealed he would be paid to tweet about SaferMars. As DJ Khaled, T.I. and others have found out, that's a no-no.
SEC Starts Official Review of SkyBridge, Fidelity Bitcoin ETF Applications
The two bitcoin ETF bids join four others under official review with more still pending.
Analyzing SEC Commissioner Hester Peirce's Crypto Comments at Consensus 2021
Commissioner Hester Peirce, or "Crypto Mom," as referred by many in the crypto community, suggested crypto may force the SEC to modernize its custody rules all across faster than they otherwise would like. "The Hash" panel debates whether Peirce's comments are reflective of incoming regulation or just happy talk. The Department of Homeland Security (DHS) is issuing a security directive that will require pipeline companies to report cybersecurity incidents to the agency. "The Hash" panel discusses how the Colonial pipeline ransomware hacking incident demonstrates the need for collaboration between government and industry on security.
Hester Peirce Says Crypto May Force Faster Modernization at SEC
Speaking at Consensus 2021, SEC Commissioner Hester Peirce noted the agency has work to do modernizing custody rules across the board. She also discussed thinking about each crypto asset as its own thing rather than lumping them together and how guidance from the SEC was intended to help financial advisors understand the nuances surrounding them.
A16z Managing Partner Thinks ‘Ordinary Folks’ Disadvantaged from Token Investing
Venture capital firm a16z’s managing partner Scott Kupor told Congress the lack of regulatory clarity at the SEC was preventing “ordinary folks” from reaping the benefits of crypto investing. “The Hash” panel breaks it down.
