Exclusive: Crypto Founder Lashes Out, Blames SEC for ‘Starving’ Innovation

“My name is David Siegel, I am a regulatory refugee from the United States.” This is how David Siegel, founder of crypto projects Pillar and 20|30, starts his presentations. What challenges have you faced building projects within the blockchain industry? Siegel understands the need for innovation and disruption within economies, and he can get more done in the UK and Europe than he can in the US. His frustration is that institutional legacy mindsets are holding society back at the precise point when we have the ability to leap forward.…

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Crypto Exchange Bittrex: We’re Compliant With SEC’s ICO Rules

US-based cryptocurrency exchange Bittrex says that it is compliant with federal regulations governing securities trading. The exchange, which is headquartered in Seattle, issued a statement on Wednesday assuring its customers that its token review process is compliant with rules that prohibit companies from creating trading markets for unregistered securities. Bittrex said: “As a U.S.-based digital The post Crypto Exchange Bittrex: We’re Compliant With SEC’s ICO Rules appeared first on CCN

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‘Potentially Unlawful’: SEC Sternly Warns Cryptocurrency Exchanges Listing ICOs

The top US securities regulator has signaled its intent to crack down on cryptocurrency exchanges for alleged violations of federal laws governing securities trading. In a statement dated March 7, the Securities and Exchange Commission (SEC) wrote that cryptocurrency exchanges that list ICO tokens the agency deems to be securities are operating “potentially unlawful” trading The post ‘Potentially Unlawful’: SEC Sternly Warns Cryptocurrency Exchanges Listing ICOs appeared first on CCN

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