LA Trader Faces Prosecution for Illegal Bitcoin-Fiat Exchange
An LA woman known as ‘Bitcoin Maven’ faces prosecution for allegedly running an unregistered multimillion dollar Bitcoin-fiat money transmitting business Go to Source Powered by WPeMatico
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An LA woman known as ‘Bitcoin Maven’ faces prosecution for allegedly running an unregistered multimillion dollar Bitcoin-fiat money transmitting business Go to Source Powered by WPeMatico
In recent regulatory news, Brett Redfearn, the director of the United States Securities and Exchange Commission (SEC)’s Division of Trading and Markets, has described the self-reporting efforts of cryptocurrency exchanges as “underwhelm[ing],” Hydro-Quebec has again suspended new applications from mining companies seeking to operate in the province, and the SEC has published a new page … Read more
A major South Korean exchange, Upbit, has paid six people for reporting fraudulent crypto-related schemes. Ten cases were reported to the exchange and six of them were selected. Upbit also recently partnered with Thomson Reuters to operate a system to support transparent crypto transactions. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Upbit Paid … Read more
Following reports of six publicly listed companies launching their own cryptocurrency exchanges in Japan, three other firms listed on the Tokyo Stock Exchange have announced plans to enter the space with various crypto offerings. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Publicly traded companies in Japan are increasingly seeking to enter the crypto … Read more
Cryptocurrency markets are suffering from deep losses today, on June 10, 2018, as most digital assets are seeing 24-hour declines between 9 and 25 percent. The number one position, held by Bitcoin Core (BTC), dropped more than a $1,000 just a few hours ago, from $7,600 to $6,600, but prices have rebounded back to $6,787 … Read more
According to anonymous sources cited by The Wall Street Journal, The United States Commodity Futures Trading Commission (CFTC) is coordinating with the U.S. Justice Department in conducting investigations into price manipulation in the spot BTC markets. The report claims that the CFTC launched a criminal probe into BTC price manipulation after several cryptocurrency exchanges rejected … Read more
The initial coin offering industry has attracted plenty of attention from regulators all over the world. Especially in the United States, there appears to be a major crackdown on schemes which violate securities laws. Even so, the SEC remains surprised as to how few exchanges self-report when it comes to trading ICO tokens. The ICO … Read more
The South Korean government is mulling over how to cash out the cryptocurrency it recently confiscated. While the most likely option is to auction the coins off using the government-owned auction platform, various concerns have been raised. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Cashing Out BTC The South Korean government is contemplating … Read more
The Securities and Exchange Commission of Thailand has unveiled the details of the country’s regulatory framework for cryptocurrencies and initial coin offerings, including licensing requirements, fees, and a list of seven approved cryptocurrencies. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Approved Cryptocurrencies The Thai Securities and Exchange Commission (SEC) announced on Friday the … Read more
Just recently the tech giant Apple has revised its App Store policies concerning cryptocurrency applications offered within the platform marketplace. The new rules are a bit stricter and apply to cryptocurrency wallets, exchanges, and platforms that facilitate Initial Coin Offerings (ICOs). Also Read: Three Luxury Apartments Sold for 420 BTC in the Coastal Region of Montenegro … Read more