Tagged: william hinman

EMPOWR Files Lawsuit Challenging SEC’s Inability to Comply with FOIA Requests Pertaining to Crypto Regulation

Empower Oversight Whistleblowers & Research (EMPOWR) is a nonprofit, nonpartisan organization dedicated to enhancing independent oversight of government and corporate wrongdoing, has filed a lawsuit challenging the Securities and Exchange Commission (SEC) to disclose conflicts of interest regarding the regulation of crypto. EMPOWR has filed… Read More

Ethereum ETF Fans Should Cool Their Jets: Analyst

While some believe the recent approval of a Bitcoin futures ETF means a similar product for Ethereum is on its way, don’t hold your breath, one analyst predicts. Genesis’ head of market insights Noelle Acheson said the assumptions of a pending approval for an Ethereum… Read More

Hinman Deposition in SEC vs. Ripple Labs Time to Look Back

A judge’s decision to depose former Securities and Exchange Commission director William Hinman in the case of the SEC vs, Ripple Labs has the cryptocurrency industry talking, so now is a good time to revisit Hinman’s comments as a refresher. Hinman made the comments at… Read More

Research Note: Bitcoin Not Alone in Recent Price Woes

Don’t say she didn’t warn you, GlobalBlock sales trader Alexandra Clark said in her latest research notes. As Bitcoin continued plummeting, contributing to the downward spiral was the lacklustre performance of crypto stock Galaxy Digital Holdings, which shed 63 percent of its value from its… Read More

Fintech Forum: SEC Director of Corporate Finance Says it is Possible for a Token to Trade and NOT be a Security

“We have a crypto family at the SEC.” Yesterday, the Security and Exchange Commission (SEC) held its first Fintech Forum in quite some time with the event focusing specifically on distributed ledger technology (DLT or blockchain) and digital assets. The new tech has challenged the… Read More

Focusing on the How, Not the What: Making Sense of Recent SEC Guidance on Crypto Assets

Through a triad of recent releases/interviews, the SEC has further clarified how it views the offering and sale of crypto assets. These guidance materials provide some really good insight on the SEC’s thinking with respect to its treatment of crypto assets; including some bright line… Read More

SEC on ICO’s: The Central Thing is Decentralization

In June 14 comments before the “Yahoo Finance All Markets Summit: Crypto,” William Hinman, Director of the SEC’s Division of Corporate Finance, stated: ETHER is not a security Decentralization and means of promotion are key to determining whether a token is a security. A digital… Read More

Testimony Provided by SEC Chair Jay Clayton Appears to Indicate Ethereum Not Being a Security is Commission Policy, Not Opinion

Earlier this month, the crypto markets quivered with repressed joy and moved higher when Securities and Exchange Commission (SEC) Director of Corporate Finance, William Hinman, declared that Ethereum is not a security. ETH advocates breathed a sigh of relief. Hinman stated; “And putting aside the… Read More

Antonopoulos Calls Ether: “The Most Credible Utility Token out There”- Lawyer Bristles

“I don’t really see Ethereum’s pre-sale being an ICO.” And thus begins one of the latest videos posted by widely-respected cryptocurrency commentator, writer and technologist Andreas Antonopoulos on his YouTube site. Ether was issued as a genuine utility token, Antonopoulos believes,  and not as a… Read More

Ethereum Rises on Positive Comments by the SEC

Ethereum rose dramatically today following the comments of William Hinman, Director of the Division of Corporate Finance at the Securities and Exchange Commission (SEC), who inserted a statement in a speech today that ended the question of Ethereum being a security. Hinman told an audience… Read More

SEC Director of CorpFin William Hinman Tells Conference Whether an ICO May Start Life as a Security and Transform Later into Something Else (but Ethereum is not a Security)

thought-catalog unsplash Bitcoin Ethereum Cryptocurrency

Ethereum Not a Security Speaking at the Yahoo Finance conference in San Francisco today, Securities and Exchange Commission (SEC) Director of Corporate Finance William Hinman tackled the topic of morphing initial coin offerings (ICOs) and whether an ICO could start life as a security and… Read More

SEC Director of Corporation Finance Says More Enforcement Actions Coming for Initial Coin Offerings

Speaking at the annual SEC Forum on Small Business Capital Formation, William Hinman, Director of Division of Corporation Finance at the SEC, said there are more enforcement actions coming when it comes to Initial Coin Offerings (ICO). Hinman, a former Silicon Valley based corporate attorney, did… Read More

SEC Issues Investigative Report on ICOs. Cautions Investors that Issuers are Subject to Federal Securities Law

The Securities and Exchange Commission (SEC) issued an investigative report today that may chill the booming Initial Coin Offering (ICO) market that has experienced hockey stick like growth in recent months.  The SEC cautioned market participants that sales of digital assets by “virtual” organizations are… Read More

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