SEC Fines John McAfee’s Associate $375K in Penalties for ICO Promotions

SEC Fines John McAfee's Associate $375K in Penalties for ICO PromotionsAccording to a Securities and Exchange Commission (SEC) judgment, Jimmy Gale Watson, a former associate of the now deceased John McAfee, has been fined for being paid to promote pump and dump-fashioned initial coin offerings (ICOs). The SEC has ruled that Watson must pay roughly $375K in penalties and he’s not allowed to participate in […]

Go to Source

Powered by WPeMatico

Russia’s Roskomnadzor Watchdog Blocks 6 VPN Providers

Russia’s Roskomnadzor Watchdog Blocks 6 VPN ProvidersRussian communications watchdog, Roskomnadzor, has restricted another six VPN providers. The agency says the platforms have facilitated access to information that is banned in the Russian Federation. Roskomnadzor is also whitelisting certain VPN services that operate in accordance with the law and are used by Russian companies. Roskomnadzor Bans More VPN Platforms in Russia Russia’s […]

Go to Source

Powered by WPeMatico

South Korean Regulators Discuss Proposals for ICO Legislation

South Korean Regulators Discuss Proposals for ICO LegislationKorean lawmakers are increasingly pushing for the regulation of initial coin offerings (ICOs) with multiple bills currently pending at the National Assembly. This includes a proposed amendment to the Electronic Financial Transactions Act. Meanwhile, the Korean Blockchain Association has also come up with its own set of guidelines for crypto exchanges and ICOs. Also read: 160 […]

The post South Korean Regulators Discuss Proposals for ICO Legislation appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

More Communities Join the Legal Action against Crypto Ads Ban

More Communities Join the Legal Action against Crypto Ads BanCryptocurrency associations and businesses from Switzerland, Kazakhstan and Armenia have joined the initiative to sue Internet corporations over restrictions on crypto-related advertisements. The class action lawsuit will be filed in New York. Legal costs will be covered with funds raised through donations to a wallet registered in Estonia.   Also read: Twitter Confirms Restrictions on ICOs […]

The post More Communities Join the Legal Action against Crypto Ads Ban appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

Russian, Chinese, Korean Associations to Sue Internet Giants Over Banned Crypto Ads

Russian, Chinese, Korean Associations to Sue Internet Giants over Banned Crypto AdsCryptocurrency and blockchain associations from Russia, China and South Korea plan to file a class action against internet corporations banning crypto ads. The lawsuit will challenge restrictions imposed by Facebook, Google, Twitter and Yandex. An agreement to take the matter to court in the US has been reached at a crypto conference in Moscow. Also […]

The post Russian, Chinese, Korean Associations to Sue Internet Giants Over Banned Crypto Ads appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

Israeli Crypto Companies Banned From Stock Exchange Indices

Israeli Crypto Companies Banned From Stock Exchange IndicesIn a bid to reduce systemic risk, the Israel Securities Authority has announced that it will not include companies operating in the cryptocurrency industry will not be included in the country’s stock exchange indices. News of the determination has been published alongside a public warning issued that seeks to inform prospective investors of the risks […]

The post Israeli Crypto Companies Banned From Stock Exchange Indices appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

Bangladesh Authorities on “Hunt” for Bitcoin Traders

Bangladesh Authorities on "Hunt" for Bitcoin TradersBangladesh – one of the few countries presently attempting to enforce a ban on cryptocurrency trading and use – has announced that several major state institutions will begin ramping up efforts to crack down on bitcoin adoption among Bangladeshi citizens. Also Read: Indians Look to Buy Bitcoin Overseas as Regulations Tighten Bangladesh Central Bank Warns Financial […]

The post Bangladesh Authorities on “Hunt” for Bitcoin Traders appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico