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Cryptocurrency law

Cryptocurrency law

Cryptocurrency law and is the area of financial law that applies to individuals and other entities who trade cryptocurrencies.

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Timeline

The United States Committee on Banking, Housing, and Urban Affairs holds a hearing on Virtual Currencies and the role of the SEC and CFTC

The witness panel included the chairman of the SEC Jay Clayton as well as the chairman of the United States Commodity Futures Trading Commission.

[1] https://www.banking.senate.gov/public/index.cfm/hearings?ID=D8EC44B1-F141-4778-A042-584E0F3B9D39

Munchee Inc. cancels ICO after receiving a cease and desist order from the United States SEC [1]

The SEC press release cites Munchee Inc emphasizing that investors should expect an increase in token value due to the efforts expended by the company as well as the steps they would take to support a secondary market for the tokens [2] [3].

[1] https://www.sec.gov/litigation/admin/2017/33-10445.pdf

[2] https://www.sec.gov/news/press-release/2017-227

[3] https://techcrunch.com/2017/12/12/sec-shuts-down-munchee-ico/

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