SEC Extends Olive Branch to Broker-Dealers Handling Digital Assets

The U.S. Securities and Exchange Commission (SEC) released a statement on Wednesday requesting comment on the custody of digital assets by special purpose broker-dealers.

The move follows official charges recently brought on Ripple executives.

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Isle of Man Says Bitcoin, Ethereum Not Securities – BeInCrypto

The Isle of Man, a self-governing British Crown dependency, has released a document guiding how it will define cryptocurrencies like Bitcoin.

Specifically, the country’s financial services authority (FSA) categorizes cryptocurrencies by their function.

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US Court Sides With SEC in $100M Kik ICO Case; Kik Considers Appeal

A US court has found Kik’s sale of its cryptocurrency, Kin, to violate the nation’s securities laws. Kik raised just short of $100 million during the initial coin offering (ICO) it held in 2017.

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Salt Lending Strikes Settlement With SEC Amid Cease and Desist Order

The ICO boom may be over, but the U.S. Securities and Exchange Commission appears to be just getting started.

Salt Lending has become the latest target of the regulator after the SEC issued a cease-and-desist letter to the crypto-backed lender, aka Salt Lending, on Sept. 30.

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