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.
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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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SEC’s Crypto Mom: Daddy’s Ferrari doesn’t make you a sophisticated investor
The Securities and Exchange Commission is poised to open non-public cryptocurrency sales to less-wealthy investors who know what they’re doing
The Securities and Exchange Commission wants to make it easier to become a sophisticated investor. The term is, technically, “accredited investor,” and currently, it translates roughly to “rich.” Since the agency’s crackdown on ICOs, accredited investors have been a primary way to raise money in the cryptocurrency market. Under the Securities Act of 1933’s Regulation D, it is far easier to sell securities to individuals and businesses that meet this standard. The problem with “accredited investors” that the agency feels it needs to solve is summed up nicely in a Dec. 18 statement by the ever-quotable Commissioner Hester Peirce, also known as “Crypto Mom” for her industry advocacy. “Our current definition includes investors that…
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State Street survey: 94% of big asset managers to invest in crypto by 2020
The financial services giant found excitement around tokenized assets and bullishness on a 2020 bitcoin ETF
According to a survey by State Street Corporation, 94% of the 101 asset managers and owners with $100 billion-plus portfolios said they either have digital assets under management or are planning to add them in 2020.
