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SEC Digital Asset Guidance a Boon For Investors Claiming XRP is Unregistered Security

A group of investors in Ripple’s cryptocurrency XRP filed an amended complaint exploiting recent guidance published by the Strategic Hub for Innovation and Financial Technology (FinHub) of the U.S. Securities

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Litigation, Ripple, SEC, Securities, US

Crypto Exchange Startup Seeks SEC Approval for Initial Public Offering of Security Tokens

Crypto exchange startup INX Limited filed a preliminary prospectus outlining its plans to raise between $5 million and $129.5 million in an initial public offering (IPO), making it one of

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IPO, Securities, US

Securities stakeholders group recommends that ESMA provides clarity on regulation of cryptoassets

Cryptoassets continue to be a hot topic for financial services regulators. On 19 October 2018, it was the turn of the Securities and Markets Stakeholders Group (“SMSG“), which represents various

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Cryptocurrency, EU, Sandbox, Securities

FINRA Charges Broker for Securities Fraud and Unlawful Distribution of an Unregistered Cryptocurrency Security

On Tuesday, September 11, the Financial Industry Regulatory Authority (“FINRA”) took its first disciplinary action against an industry professional, charging a broker, Timothy Tilton Ayre, with securities fraud and the

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Enforcement, FINRA, Securities, US

Lithuania Issues ICO guidelines

Lithuania becomes the latest jurisdiction to release guidance in relation to ICOs. On 8 June 2018, the Lithuanian Government released

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AML, Cryptocurrency, ICO, Lithuania, Securities, Tax

U.S. SEC Chair Jay Clayton’s Mic Drop on Crypto-Assets and Whether the SEC Regulates Them: We Don’t Regulate Everything, But You Have to Do the Analysis

On June 6, U.S. SEC Chairman Jay Clayton was interviewed on CNBC about Bitcoin and cryptocurrencies.  He said, in effect,

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Cryptocurrency, ICO, SEC, Securities, US

U.S. SEC Obtains Emergency Freeze of $27 Million in Stock Sales of Purported Cryptocurrency Company Longfin

The U.S. Securities and Exchange Commission obtained a court order freezing more than $27 million in trading proceeds from allegedly

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Cryptocurrency, Litigation, SEC, Securities, US

Class Action Lawsuit Brought Against Nano

A class action lawsuit was brought today on behalf of investors in Nano f/k/a RaiBlocks (XRB), alleging, according to the

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Cryptocurrency, ICO, Litigation, Securities, US

U.S. SEC Brings Civil and Criminal Charges Against Founders of Centra Cryptocurrency Firm

The U.S. Securities and Exchange Commission announced today that it charged two co-founders of a purported financial services start-up with

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Cryptocurrency, ICO, Litigation, SEC, Securities, US

Massachusetts Regulator Halts Five ICOs

The office of Massachusetts Secretary of State announced today that it had halted ICOs from five companies, claiming that the

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ICO, Litigation, Securities, US