• This image came up when we searched "SEC" and "crypto" so we're going with it (via Shutterstock).
    United States

    SEC finally approves cryptocurrency offering, green-lighting Blockstack token offering

    The distributed web platform developer can sell up to $50 million worth of tokens to the public

    The U.S. Securities and Exchange Commission has finally given a blockchain company the O.K. to sell tokens directly to investors—sort of. The SEC on Wednesday approved blockchain startup Blockstack’s application to raise money  via a token offering, the first time it has allowed this type of fundraising in the cryptocurrency industry, according to the Wall Street Journal. The SEC has sued and fined several companies for initial coin offerings (ICO) that the agency said violated securities law. The action “is a massive step towards the much-needed clarity for the US crypto space,” according to social trading platform eToro’s senior market analyst, Mati Greenspan. “This could be considered the first regulated…

  • Christine Lagarde, when she was head of the IMF and before she became the ECB chief (via IMF.org)
    Europe,  Libra

    Christine Lagarde’s nomination to head the ECB is good news for Facebook’s Libra, says eToro’s Mati Greenspan

    The European Central Bank’s incoming leader will bring a positive outlook on digital assets

    Facebook’s new Libra stablecoin got a break in Europe last week with the announcement that Christine Lagarde has been nominated to be the new head of the European Central Bank, says eToro’s senior market analyst, Mati Greenspan.