Platform to Allow Users to Spend Metal-Based Crypto Using a Debit Card
To overcome the “severe price volatility” seen in cryptocurrencies today, a company is creating a new coin based on gold and metal #SPONSORED Go to Source Powered by WPeMatico
DIGIT
Stellar Price: Hefty Setback Seems to be a Temporary Trend
It has been looming overhead for some time now, but all cryptocurrency markets are going through a mild correction. Although there is nothing to be overly concerned about just yet, these short-term changes are direly needed to maintain a positive outlook throughout 2018. For the Stellar price, this recent decline is a lot steeper compared … Read more
FINMA Launches Proceedings Against $100 Million ICO Envion AG
Switzerland’s financial regulator, the Swiss Financial Market Supervisory Authority (FINMA), has announced that it has launched proceedings against initial coin offering (ICO) issuer, Envion AG. Also Read: Bolivar ‘Anchored’ to the Petro to Be Issued in August, Maduro Says FINMA Launches Proceeding Against $100 Million ICO A press release published by the Swiss Financial Market Supervisory … Read more
Japanese Class Action Against Gambling Coin Claims $12m Damages
Withcoin, a virtual currency reportedly designed for casinos, and listed on the Hitbtc exchange around May, is accused of selling coins using a promotional video propagating alleged lies and misleading information. In April 2018, a video promoting Withcoin went viral on the internet, inviting investors to purchase in advance a coin that was going to … Read more
More Than 6% of Securities Lawsuits Filed in 2018 Have Related to ICOs
Cornerstone Research, an economic and financial consulting company, has published a report finding that more than 6% of the securities class action filings made in 2018 have related to initial coin offerings (ICOs) and cryptocurrencies. Also Read: Markets Update: BTC Gains 30% in Two Weeks, Alts Lose Correlation 6% of Securities Filings in 2018 Have Related … Read more
Indian State of Telangana to Sign MoUs With Blockchain Firms, Streamline Gov’t Services
The Indian state of Telangana will sign MoUs with blockchain-focused firms to roll out DLT-powered government services Go to Source Powered by WPeMatico
Exchanges Round-Up: CME Volume Doubles Q2, Lawyer Predicts SEC Delays ETF Until March
In recent news pertaining to cryptocurrency exchanges, Chicago Mercantile Exchange (CME) has revealed that trading volume on its bitcoin futures markets nearly doubled during Q2; lawyer Jake Chervinsky has predicted that the United States Securities and Exchange Commission (SEC) may postpone its determinations regarding Vaneck’s proposed bitcoin exchange-traded fund (ETF) until March 2019; and Bitmex … Read more
Crypto Merchant Bank Galaxy Digital Lost $134 Million in The First Quarter of 2018
Mike Novogratz’s crypto merchant bank Galaxy Digital reports $134 million in losses in the first quarter of 2018 Go to Source Powered by WPeMatico
Major Bitcoin ETF Rejected by SEC: One Commissioner Disagrees Publicly
Thursday, July 26 might go down as a severe setback for the prospect of bitcoin exchange-traded funds (ETFs). For the second time, the same major trust applying for bitcoin ETF approval was rejected by the United States Securities and Exchange Commission (SEC). SEC Release No. 34-83723, File No. SR-BatsBZX-2016-30 formally denied the Winklevoss Bitcoin Trust … Read more
South Carolina State Regulators Withdraw Enforcement Actions on Two Blockchain Startups
The South Carolina securities regulator removed cease-and-desist orders against two blockchain startups that allegedly sold unregistered securities Go to Source Powered by WPeMatico
