SEC to Interest Crypto Hedge Funds Operations

American regulators continues its operations in the cryptocurrency field
15 March 2018   128

The SEC began to request the crypto-currency hedge funds for information on their operational activities, Bloomberg reports. The regulator is interested in the methodology for evaluating crypto assets, as well as their storage system.

As part of its check, the SEC recently sent a number of requests to crypto-focused hedge funds asking how they price digital investments and seeking information on their compliance with rules meant to prevent the theft of investors’ cash.

The SEC has taken a very deliberate approach in this space. I think they are just trying to get a handle on the large ecosystem.
 

Peter Van Valkenburgh

Director of research, Coin Center

The number of crypto-currency hedge funds exceeds 220. Of these, 187 have opened since the beginning of 2017. Since most of these companies manage assets of less than $ 150 million, they do not need to register with the SEC.

Australia joins the crypto-discussions arena with Bitcoin & Blockchain Fair

The inaugural Bitcoin and Blockchain Fair will be presented at the Sydney Showgrounds on May 12-13 with an all-round program about cryptocurrency and blockchain
21 April 2018   24

A high profile event in cryptocurrency and blockchain is coming to Sydney, Australia on May 12-13 – Bitcoin and Blockchain Fair. The conference will provide a platform to interact and discuss on all areas of the cryptocurrency and blockchain technology sectors (fintech, investment, venture capital, regulation, ICO, etc.), current opportunities and perspectives in the form of a Forum and an Exhibition Showcases.

The Exhibition Showcase that will allow to exhibit showcases and engage with crypto services providers, government and fintech startups. Forum is the bulk of the conference and is comprised of 2-day sessions to allow international speakers and industry leaders of the crypto and blockchain sectors a chance to share their expertise. May 12 is focusing on cryptocurrency and ICO engagement; May 13 wil cover blockchain technology overview, case studies, solutions and future trends.

The fair is organized by ABF Business and Principal Sponsor Coinspot. Exhibitors and Speakers include attendees from Asia, Europe and USA together with key Australian high profile crypto & blockchain enterprises. The full agenda of the event can be found here.