Former Commodity Futures Trading Commission chair and “Crypto Dad” Chris Giancarlo argued forcefully in a June 17 column that XRP is not a security but a currency under U.S. law. That’s a huge, potentially life-or-death question for Ripple.
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Crypto Mom tells SEC to go easy on her ICO offspring
SEC Commissioner Hester Peirce wants to give initial coin offering projects a three-year grace period before securities laws kick in
SEC Commissioner Hester Peirce has unveiled her proposal to implement a "safe harbor" for crypto startups, allowing them a three-year grace period after their initial coin offerings to achieve a level of decentralization sufficient to pass the Howey test.
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After court ‘win’ Telegram claims will abandon TON blockchain, gram token
A small win in court is overshadowed by messaging service turned blockchain developer Telegram’s announcement that it won’t maintain its own TON blockchain. But is it all hot air?
Telegram’s victory in court over the Securities and Exchange Commission Monday wasn’t much of a victory. In fact, it could prove to be the undoing of its planned Telegram Open Network blockchain platform and gram cryptocurrency. The simultaneous announcement that it won't integrate gram payments into its Telegram Messenger platform signals a recognition that its fight to keep the $1.7 billion in gram tokens it sold in 2018 from being declared a security is faltering.
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Telegram to SEC: Liar, liar, pants on fire!
The maker of the TON blockchain’s whiny response to the agency’s lawsuit stopping a $1.7 billion token sale is the latest example of the industry’s willingness to fight the Securities and Exchange Commission
The Securities and Exchange Commission doesn’t understand cryptocurrencies, is unfair, and is out of touch with what its own commissioners are saying in public.
