Tag: SEC

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Pro-Crypto Silvergate Bank Goes Public in Listing on NYSE

Silvergate Capital (NYSE:SI) celebrates its IPO day and launches shares trading on the NYSE on Nov. 7. Shares of pro-crypto Silvergate Bank were launched for trading on the New York Stock Exchange (NYSE) on Nov. 7. Silvergate celebrates IPO day Silvergate Capital (NYSE:SI), a California-based commercial bank focused on digital currency businesses, is now officially…
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Preview of Today’s SEC Meeting on Harmonizing Securities Exemptions

Cointelegraph previews U.S. SEC-hosted meetings on streamlining exemptions to registration for securities offerings. Today, the United States Securities and Exchange Commission (SEC) is hosting two meetings of the investor advisory committee. The second of these is scheduled to start at 1:00 PM EST and will deal with the SEC’s earlier request for comment on harmonization…
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Bitmain’s New IPO Attempt in Jeopardy as In-Fighting Goes Public

After being pummeled by the 2018 crypto winter, two mining giants — Bitmain and Canaan — have filed for IPOs with the SEC in U.S. In 2017, Bitmain ruled the roost and all eyes were on China, but 2018 was a barren year for cryptocurrency. Prices plummeted. Companies crumpled. The long-awaited initial public offerings of…
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NY Court Orders Veritaseum to Pay Back $8 Million From Illegal ICO

Veritaseum has been ordered to pay an $8 million disgorgement fine for selling unregistered securities by a New York Eastern District Court. The CEO of Delaware-registered blockchain firm Veritaseum LLC and New York-registered Veritaseum Inc., Reggie Middleton, was ordered to pay $8.4 million in disgorgement, according to a new court order. Additionally, Middleton is liable…
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Security Token Platform Receives Transfer Agent License From SEC

Security token platform Harbor has just received a transfer agent license from the U.S. Securities and Exchange Commission. Harbor, the digital platform for alternative assets, has received a transfer agent license from the United States Securities and Exchange Commission (SEC). On Oct. 31, Harbor CEO Joshua Stein told the Block that his blockchain-enabled platform is…
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The SEC Files as the CFTC Settles Charges Against Swiss Securities Dealer

The U.S. SEC and CFTC have both filed and settled charges against Switzerland-based securities dealer XBT Corp. SARL. The United States Securities and Exchange Commission (SEC) has filed charges against XBT Corp. SARL on the same day that the Commodity Futures Trading Commission (CFTC) settles charges against the same company.  SEC allegations In a press release…
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Bitmain Quietly Files for Deutsche Bank-Backed IPO in the US: Report

China-based mining titan Bitmain Technologies has discreetly filed an application for an Initial Public Offering with the United States Securities and Exchange Commission. China-based mining titan Bitmain Technologies has discreetly filed an application for an Initial Public Offering (IPO) with the United States Securities and Exchange Commission (SEC). According to an Oct. 29 report from…
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Chinese Cryptocurrency Mining Giant Files for $400 Million IPO in US

Chinese cryptocurrency mining giant Canaan Creative has filed for an initial public offering with the U.S SEC to raise $400 million. Chinese cryptocurrency mining giant Canaan Creative has filed to be a publicly-traded company in the United States.  On Oct. 28, Canaan Creative filed for an initial public offering (IPO) with the U.S. Securities and…
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Paxos Launches Settlement Platform for Equity Securities After SEC Relief

Stablecoin operator Paxos is launching its settlement platform for U.S.-listed equity securities after receiving a no-action relief from SEC. Paxos Trust Company announced today that it is set to introduce its Paxos Settlement Service for a number of United States-listed equity securities. In an Oct. 28 press release, digital asset trust company Paxos stated that…
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Report: Telegram’s TON Investors Vote Against a Refund Amid SEC Probe

Investors in the Telegram Open Network and $1.7 billion Gram token sale have reportedly voted against the return of their funds in the wake of legal action by the U.S. SEC. Investors in the Telegram Open Network (TON) and $1.7 billion Gram token sale have voted against the return of their funds, Forbes Russia reported…
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