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Category: Public Offering
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Facing $70M in fines from regulators, Robinhood files for IPO
The U.S. Financial Industry Regulatory Authority delivered its biggest financial penalty against the trading app on Wednesday, and Robinhood still reportedly faces scrutiny from the SEC regarding its business practices.
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OSC Commissioner Debunks Arguments Against Bitcoin, Green-Lights Bitcoin Fund
A commissioner of the Ontario Securities Commission (OSC) has debunked the arguments against bitcoin used to deny the public offering of The Bitcoin Fund. Among others, the commissioner rules that bitcoin is neither illiquid nor more susceptible to manipulation than other commodities, real volume and real trading in bitcoin exist, and it is not the […]
The post OSC Commissioner Debunks Arguments Against Bitcoin, Green-Lights Bitcoin Fund appeared first on Bitcoin News.
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SEC Imposes Multimillion Dollar Fine for Unregistered EOS Token Sale
The United States securities regulator has announced hefty fines for two crypto companies. The penalties have been imposed for EOS’ unregistered token sale and a fraudulent public offering. The Securities and Exchange Commission (SEC) intends to use some of the collected money to indemnify investors who suffered damages. Also read: SEC Commissioner Speaks Positively About […]
The post SEC Imposes Multimillion Dollar Fine for Unregistered EOS Token Sale appeared first on Bitcoin News.
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Coinsquare to Launch IPO on TSX — Hopes to Compete With Coinbase
This week the well known Canadian digital asset exchange, Coinsquare announced its plans to launch an initial public offering (IPO) hoping to raise $150 million CAD ($120Mn USD). Coinsquare hopes the funding will help the platform be a direct competitor with cryptocurrency brokerage services like Coinbase and other U.S. based exchanges. Also read: Russia Finalizes Federal Law […]
The post Coinsquare to Launch IPO on TSX — Hopes to Compete With Coinbase appeared first on Bitcoin News.
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