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Tag Archives: Government

First Blockchain Association in Mexico Established

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Cryptocurrency and blockchain industry pioneers have propelled different relationship with the end goal to encourage the advancements’ reception and work with controllers to create thorough models. On Nov. 27, ten money related and tech firms established the Association for Digital Asset Markets (ADAM) to make a “set of principles” for …

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US: Acting AG Backed Alleged ‘Invention-Promotion Scam’ Touting ‘Time Travel’ Crypto

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Acting U.S. lawyer general (AG) Matthew G. Whitaker has experienced harsh criticism for his relationship with a supposedly false patent organization that included digital currency, U.S. news diary MotherJones detailed Nov. 14. Whitaker, a Trump follower, was selected by the U.S. president to supplant previous lawyer general Jeff Sessions. Among …

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SEC Reports Notes ‘Dozen’ of Investigations Into ICOs at End of Fiscal Year

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According to the report, since the formation of the Division’s Cyber Unit at the end of FY 2017, the commission’s focus on cyber-related misconduct, including ICOs, has been growing steadily. The SEC attributes this to an “explosion” in crypto-asset offerings, which it says are often considered high-risk investments. According to the …

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CFTC Chairman Gary Gensler: ICOs Should be Considered Securities

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Former chairman of the U.S. Commodity Futures Trading Commission (CFTC), Gary Gensler said that most tokens sold through Initial Coin Offerings (ICOs) should be classified as securities. When asked whether blockchain technology should be regulated, Gensler asserted that “we should be technology-neutral.” He continued, stressing the necessity to ensure investor …

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