SEC Requests UK’s Intervention to Force Telegram’s Former Advisor to Testify

The U.S. SEC asked the U.K. authorities to force Telegram’s former chief investment advisor to testify in Grams tokens offering case.

The United States Securities and Exchange Commission (SEC) asked the High Court of England and Wales to force Telegram’s former chief investment advisor John Hyman to testify in the case over the firm’s Grams tokens offering. Read more

Report: ‘Blockchain Is A Rapidly Maturing Technology in China’

According to a report by Forkast Insights, the research arm of Asia-based Forkast, blockchain is a rapidly maturing technology in China, “far beyond the experimental stage.”

Forkast Insights, the research arm of Asia-based Forkast, took an in-depth, comprehensive look at how blockchain technology is integrated in China. Read more

US SEC Approves BTC Futures Fund to Offer Shares to Institutional Investors

Bitcoin futures-focused NYDIG Bitcoin Strategy Fund has procured approval from the U.S. SEC, entitling it with the right to offer its shares to institutional investors.

Bitcoin (BTC) futures-focused NYDIG Bitcoin Strategy Fund has procured approval from the United States Securities and Exchange Commission (SEC), entitling it with the right to offer its shares to institutional investors. Read more

Steven Mnuchin Does Not Expect US to Issue Digital Dollar in Next 5 Years

U.S. Treasury Secretary Steven Mnuchin and Federal Reserve Chairman Jerome Powell do not anticipate the development of a national digital currency in the country.

United States Secretary of the Treasury Steven Mnuchin said that he and Federal Reserve Chairman Jerome Powell do not anticipate the development of a national digital currency in the country. Read more

Known Crypto-Hater Sherman to Chair Congressional Subcommittee on Investor Protection

Known crypto-hater U.S. Congressman Brad Sherman is elected to serve as Chairman of the Subcommittee on Investor Protection, Entrepreneurship and Capital Markets.

The anti-crypto United States Congressman Brad Sherman (D-CA) has been elected to serve as Chairman of the Subcommittee on Investor Protection, Entrepreneurship and Capital Markets. Read more