Search results
Results From The WOW.Com Content Network
Cryptocurrency is a digital asset that appeals to many investors because it operates on the blockchain, which is a decentralized ledger that records transactions across multiple computers. These ...
NEW YORK (Reuters) -The U.S. Securities and Exchange Commission said on Wednesday it is appealing a court ruling that restricted its ability to regulate cryptocurrency markets. Wall Street's main ...
The case against the world's largest publicly-traded cryptocurrency exchange is a high-water mark in the regulator's campaign to apply U.S. securities law to the digital asset companies.
By extension, a cryptocurrency is not directly affected by a specific country's jurisdiction, sociopolitical environment, or economic events. [18] Such a lack of regulation has led to the rising of large-scale crypto-related criminal activity, ranging from terrorist funding to tax evasion, most of which go untracked and unpunished.
The legal status of cryptocurrencies varies substantially from one jurisdiction to another, and is still undefined or changing in many of them. [1] Whereas, in the majority of countries the usage of cryptocurrency isn't in itself illegal, its status and usability as a means of payment (or a commodity) varies, with differing regulatory implications.
The SEC has a three-part mission: to protect investors; maintain fair, orderly, and efficient markets; and facilitate capital formation. [8]To achieve its mandate, the SEC enforces the statutory requirement that public companies and other regulated entities submit quarterly and annual reports, as well as other periodic disclosures.
The Securities and Exchange Commission (SEC) is responsible for regulating cryptocurrencies that might fit the definition of financial securities. Its chair for the last four years, Gary Gensler ...
The Securities Act of 1933 regulates the distribution of securities to public investors by creating registration and liability provisions to protect investors. With only a few exemptions, every security offering is required to be registered with the SEC by filing a registration statement that includes issuer history, business competition and material risks, litigation information, previous ...