• SEC accredited investor rule change
    Cryptocurrencies,  Regulation

    You no longer need daddy’s Ferrari to be considered a sophisticated investor

    A Securities and Exchange Commission rule change pries open the door to letting the non-wealthy invest in the private capital markets favored by post-ICO crypto startups

    Ever since the agency’s crackdown on initial coin offerings, the only way to participate in the private capital markets used to raise money for startups is to meet the definition of an “accredited investor”—which boiled down to “be a millionaire” for individuals and “entities” with at least $5 million.

  • Jay Clayton’s leaving the SEC
    Bitcoin,  Cryptocurrencies,  Regulation,  United States

    Jay Clayton’s leaving the SEC. Could this be crypto’s big break?

    There are hopes that his successor as SEC commissioner will increase the likelihood of a Bitcoin exchange-traded fund finally being approved

    SEC chairman Jay Clayton has been nominated as high-powered position as the U.S. Attorney for the Southern District of New York. Now, nerves are growing as to who will be tapped to take on his regulatory role, where he has been a persistent thorn in the side of Bitcoin and cryptocurrency boosters.

  • Levey to lead Libra
    Cryptocurrencies,  People,  Politics

    Stuart Levey to lead Libra Association, comfort critics

    A top HSBC executive and Treasury Department official in charge of financial crimes and sanctions, a big part of the new CEO’s role is to reassure central bankers, regulators, and elected officials

    By hiring Stuart Levey the Facebook-founded Libra Association is announcing that compliance—with central bankers, financial regulators, tax authorities, and criminal and intelligence investigators—will be a prime driver as it moves forward.

  • 2020 100 Most influential People in Crypto v5
    Crypto Power Lists,  People

    The Modern Consensus 100 Most Influential People in Crypto 2020

    The individuals moving, shaking, and shaping cryptocurrencies and blockchain technology right now

    Coming up with a list of the 100 most influential people in crypto and blockchain is hard in any year. But doing it in 2020 is particularly rough. That’s because the industry didn’t just advance last year, it went mainstream. And that makes “influence” a lot harder to define.