• Former CFTC Chairman Chris Giancarlo and SEC Commissioner Hester Peirce
    People,  Regulation

    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. 

  • Integrate gram and Telegram Messenger? Us?Where did you get THAT idea? --Pavel Durov, CEO, Telegram (via TechCrunch_Disrupt_Europe_Berlin_2013_CC-BY-2.0)
    Alt coins,  Regulation

    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.

  • Lies, lies, lies, yeah—They're gonna get you (via Pixabay).
    Uncategorized

    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.

  • Sad clown is sad (via Pixabay).
    Alt coins,  United States

    SEC gives Telegram TON of trouble

    U.S. Securities and Exchange Commission lawsuit will delay the Gram cryptocurrency sale scheduled for October 31

    In the wake of a lawsuit by the U.S. Securities and Exchange Commission, messaging service Telegram told backers that it would likely postpone the public launch of its Gram token.