Regulation by enforcement, a fast and economical substitute for thorough rulemaking, is widely regarded as some of the U.S. executive agencies’ preeminent approach to crypto regulation. It could be summed up as letting crypto firms explore the boundaries of what is permissible by themselves and then punishing industry participants in case their exploratory actions come […]
Tag Archives: Clash
SEC, Kik Continue Court Clash Over $100M Kin Token Sale
The U.S. Securities and Exchange Commission (SEC) and Kik Interactive are both doubling down on their desire for a speedy resolution to a nine-month-old legal case over whether Kik’s 2017 initial coin offering was a securities sale. The SEC and Kik both filed oppositions to the other party’s motions for summary judgement late Friday, reiterating […]
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