In one of its highest profile enforcement actions to date, the Securities and Exchange Commission sued Kik Interactive today, claiming it illegally raised $100 million through an initial coin offering in 2017 without registering as a security.
The most promising aspects of digital assets—transactional speed and freedom, financial inclusion, and most of all anonymity—are antithetical to Chinese Communist values. And yet, in many respects, China has taken the lead on investing in this burgeoning technology.
Just as international financial regulators are about to announce stronger "know your customer" requirements for cryptocurrencies, banking giant JPMorgan Chase has released software designed to help people avoid them.
Crypto browser Brave’s Chief Policy & Industry Relations Officer Johnny Ryan testified Tuesday at the U.S. Senate Judiciary Committee in favor of restricting advertiser’s access to user’s personal data. The hearing on “Understanding the Digital Advertising Ecosystem and the Impact of Data Privacy and Competition Policy” was a big step forward to helping the older folks who make our internet laws understand the impact they have on the future.