Regulation
Israel-Hamas War Puts Cryptocurrency in CFTC, Treasury Crosshairs
Federal regulators speaking at a SIFMA conference noted crypto’s role in illicit finance, including in the war in Gaza.
Tag: digital asset
Regulation
Gensler Says No New Regulations Needed for Crypto
The enforcement actions taken by the SEC against cryptocurrency actors are justified under existing law, the SEC chairman said at a conference.
Regulation
DC Circuit Court Orders SEC to Reconsider Bitcoin ETF
The court ruled in August that the SEC had unfairly blocked the Grayscale bitcoin ETF, given the SEC had already approved two bitcoin futures ETPs.
Regulation
Complex Products, Including Crypto, Highlighted in SEC Exam Priorities
Variable annuities, certain REITs and private holdings were other examples listed in the notice.
How Close is Tokenization for Mainstream Investors?
Several money managers now offer tokenized funds to investors, while other firms are exploring ways to utilize tokenization for clients.
Regulation
Comment Period for SEC’s New Safeguarding Rule Expires Monday
The rule would apply beyond securities to assets such as cryptocurrency and commodities.
Regulation
Kim Kardashian Agrees to Pay SEC $1.26 Million for Touting Crypto
Reality TV star also agreed not to promote digital tokens for three years for failing to disclose promotional payment.
Regulation
Biden Digital Asset Executive Order Aims to Tame Crypto
White House provides guidelines that seek to harness the positive aspects of crypto while mitigating its abuse.
Asset Allocation
Job Posts Suggest Franklin Templeton Is Ramping Up Crypto Investing
The asset manager, which has over $1.55 trillion in AUM, is looking to hire a cryptocurrency trader and cryptocurrency analyst.
Alternatives
‘Crypto Mom’ Pushes Back Against SEC Over Poloniex Fine
Commissioner Hester Peirce says the regulator needs ‘sensible solutions’ regarding crypto exchanges.
Corporate Moves
Citigroup Launches Digital Asset Unit
Digital Assets Group will be co-led by Alex Kriete and Greg Girasole.
Dentist-Turned-Investment Adviser Charged in Three Frauds by SEC
Edgar Radjabli is accused of manipulating the securities market for Veritone, among other schemes.
Risk
Five Charged in $2 Billion Unregistered Crypto Offering
The SEC says the now-defunct BitConnect platform advertised 40% ‘no risk’ monthly returns.
Risk
Cryptocurrency Firm Founder Indicted in Alleged Multimillion Dollar Scam
Kristijan Krstic, aka Felix Logan, allegedly absconded with $7 million of investors’ money.
Risk
Three Charged by SEC with Defrauding Hundreds of Digital Asset Investors
John DeMarr allegedly staged his own disappearance in Montenegro to avoid disgruntled investors.