• Cryptocurrency regulation undercuts freedom
    SEC Commissioner Hester Peirce—aka Crypto Mom—said cryptocurrency is good for freedom, but regulation could strangle it (Photo: U.S. Senate)
    Regulation

    Crypto Mom: Cryptocurrency regulation undercuts freedom

    SEC Commissioner Hester Peirce told the libertarian Federalist Society that by cutting out financial intermediaries, crypto is a powerful force for personal liberty

    December 11, 2020 /

    The Republican appointee praised cryptocurrency for making the principle that people have a fundamental right to voluntarily to engage in mutually beneficial transactions with one another more powerful than ever before in history.

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  • ICO investors feel deceived
    ICO investors want to see criminal charges file, a study found (Photo: Pixabay/Gerd Altman)
    Cryptocurrencies,  Regulation

    One-third of U.S. ICO investors say they were deceived: study

    More than half think that the project’s founders should face criminal charges

    December 1, 2020 /

    ICOs powered the crypto boom/bubble of 2017, but were slapped down and effectively banned by the Securities and Exchange Commission, or SEC, which declared virtually all of them illegal unregistered securities sales. The result ranged from multi-million dollar fines to the outright killing of projects such as Telegram’s TON blockchain.

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  • payment systems push Bitcoin Clayton
    SEC Chairman Jay Clayton says the slow, costly payments system is pushing Bitcoin's adoption ahead (Photo: YouTube)
    Bitcoin,  Regulation

    Slow, costly payment systems push Bitcoin higher: SEC’s Jay Clayton

    The Securities and Exchange Commission’s chairman said the financial system’s inefficiencies will help crypto payment solutions arise; a new Senate ally will also help

    November 20, 2020 /

    Securities and Exchange Commission chairman Jay Clayton suggested that Bitcoin (BTC) is thriving thanks to the shortcomings of the traditional financial system.

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  • "Na na na na, na na na na, hey hey, goodbye." —Steam
    Bitcoin,  Cryptocurrencies,  People,  Regulation

    SEC Chair Jay Clayton stepping down early

    An unpopular figure in the cryptocurrency and digital asset industry, under Clayton the Securities and Exchange Commission declared almost all cryptocurrencies were securities, led a legal assault on ICOs, and blocked bitcoin EFTs

    November 16, 2020 /

    Clayton’s SEC brought 56 cases since its July 25, 2017 DAO report first declared virtually all ICO tokens were securities. It added that the SEC stopped 18 suspected frauds involving blockchain, digital assets, or distributed ledger technology.

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