TON was hurtling toward public release until the SEC stopped it dead in its tracks. Here is everything known about the project so far. In just the last few months, the entire landscape of the crypto industry has changed. Innovation once came from within, with a number of early influencers earning god-like status among the…
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The U.S. Securities and Exchange Commission once again begins accepting comments regarding the updated Bitcoin exchange-traded fund proposal by Wilshire Phoenix. The United States Securities and Exchange Commission (SEC) has once again begun accepting public comments regarding the updated Bitcoin (BTC) exchange-traded fund (ETF) proposal by Wilshire Phoenix Fund. According to the official document published…
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Telegram does not agree with the SEC’s recent action and claims it has been trying to solicit feedback from the agency for the past 18 months. Telegram Open Network (TON) developers responded to its investors after American regulators abruptly announced that its $1.7 billion token sale was illegal. No clear feedback from SEC for 18…
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2019 will be the year when regulators may start considering some response to cryptocurrencies, says former CFTC chairman. Former Commodity Futures Trading Commission (CFTC) chairman Christopher Giancarlo, who had parted ways with the regulator this summer, has stated that he expects 2019 to be the year when regulators may start considering some response to cryptocurrencies.…
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Private Telegram Open Network channel TON Board announces a temporary halt and removed all previous posts. Following a recent red flag from United States. regulators, a private Telegram channel for Telegram Open Network (TON) is taking a break. Temporary halt for more clarity On Oct. 12, TON Board channel on Telegram announced a temporary halt…
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The SEC is suing Telegram over the $1.7 billion ICO, is it the mark a new wave of regulatory scrutiny on the U.S. market? Late Friday, the United States Securities and Exchange Commission (SEC) announced that it is suing two offshore entities, Telegram and its wholly owned subsidiary, TON Issuer, for holding an unregistered token…
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The chairs of the U.S. SEC, CFTC and FinCEN have issued a rare joint statement urging digital asset holders to comply with AML/CFT regulations. The chairmen of the three primary financial regulators in the United States have released a joint statement warning crypto users of anti-money laundering (AML) and countering the financing of terrorism (CFT)…
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One of China’s BTC mining giants, Canaan Creative will reportedly be listed as a publicly traded firm in the U.S. in November 2019. Chinese crypto mining giant Canaan Creative plans to list as a publicly traded company in the United States in November 2019, according to an unconfirmed report. Canaan to issue 1.26 billion shares…
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Boston Security Token Exchange, a platform jointly owned by BOX Digital Markets and tZERO, seeks the U.S. SEC’s approval to launch a market for security tokens. Boston Security Token Exchange (BSTX), a platform jointly owned by BOX Digital Markets and Overstock’s blockchain arm tZERO, has filed an application with the United States Securities and Exchange…
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The U.S. SEC announces an emergency action against Telegram’s initial token offering, which has already raised over $1.7 billion. The United States Securities and Exchange Commission (SEC) has announced that Telegram and the forthcoming GRM token constitute an unregistered digital token offering. Per an Oct. 11 press release, the SEC has filed an emergency action…
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