Bitcoin Mining Manufacturer Canaan Files for Hong Kong Stock Exchange IPO

Canaan Creative Co. Ltd, the Chinese company behind the Avalon lineup of hardware equipment which produces ASIC mining chips and rigs, has officially submitted a listing application to Asia’s third-largest equities market – the Hong Kong stock exchange. Also Read: HTC to Launch Its Own Cryptocurrency-Focused Smartphone, Exodus $1 Billion IPO Canaan posted a preliminary prospectus … Read more

Will Morgan Stanley Win the Cryptocurrency Trading Desk Race?

Wall Street firms and big banks are trying to enter the world of cryptocurrency trading. Goldman Sachs, Morgan Stanley, and others are exploring the idea of setting up a cryptocurrency trading desk at some point. It is difficult to estimate who will come to market first, although insiders claim Morgan Stanley is the dark horse to … Read more

Trading Sanctions Imposed on Tezos Co-Founder Amid FINRA Settlement

The Financial Industry Regulatory Authority (FINRA), has taken action against Tezos co-founder Arthur Breitman. The Wall Street regulator has fined Mr. Breitman $20,000 USD, banning Tezos from associating with broker-dealers for two years. It’s part of a settlement following FINRA’s accusations that the crypto company’s co-founder made false statements regarding the project whilst employed at … Read more