Boerse Stuttgart to Host Crypto Trading and Coin Offerings

Boerse Stuttgart is going deeper into crypto. The German stock exchange is planning to set up a new trading venue that would allow the exchange of tokens from the ICOs it wants to host, as well as established cryptocurrencies. Custody services will also be offered to crypto investors.  Also read: Coinbase Introduces GBP Pairs, Hitbtc … Read more

Philippine SEC Approves Draft Rules for ICOs and Crypto

The Philippine SEC (Security and Exchange Commission) approved draft rules for initial coin offerings (ICOs), ABS CBN News reported. This official approval will pave the way for the legal sale of cryptocurrencies in the Philippines. The Securities and Exchange Commission has released, for public comment, the proposed rules to govern the registration of initial coin … Read more

Denver-Based Healthcare ICO Issued Cease and Desist for Offering Securities

Colorado Securities Commissioner, Gerald Rome, has issued a cease and desist order to Florida based Linda Healthcare Corporation and its founder, Arturo Devesa, halting the company’s initial coin offering (ICO) due to the token sale being deemed an offering of an unregistered security. The cease and desist is a reaffirmation of a previous ruling made … Read more

MobileGo in Freefall After Former Team Member Reveals Fraud

A troubling characteristic of ICOs is the explicit lack of accountability that token distributors have to maintain promises. As token holdings do not represent project ownership, deceitful entrepreneurs are emerging among legitimate projects as conmen and snake oil salesmen looking to earn quick riches. A frightening Reddit post on Sunday exposed GNation’s CEO and other … Read more

Japanese Public Company Offering Loans Secured by BTC, BCH, ETH

A Japanese company listed on the Tokyo Stock Exchange is offering loans secured by three cryptocurrencies: BTC, BCH, and ETH. Clients can borrow up to 300 million yen (~$2.7 million) at varying interest rates. The company has also established a subsidiary overseas for its crypto business. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space … Read more

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