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It’s dot-com mania all over again, as the SEC suspends trading of a zero revenue Blockchain company with a market cap exceeding $800 mln. The regulator cites “unusual and unexplained market activity.” #NEWS
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The US Securities and Exchange Commission (SEC) received yet another request to approve Wall Street bitcoin exchange-traded funds (ETFs). This time, the New York Stock Exchange (NYSE) wishes to list five new ETFs, so-called leveraged and inverse funds which increase risk and reward. Also read: African Central Banks Urged to Ditch Dollar and Buy Bitcoin […]
The post Wall Street Wants Bitcoin ETFs with Twice the Risk/Reward appeared first on Bitcoin News.
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Attention shifts from national regulators to states, as Texas Securities Commissioner issues cease and desist order against Bitconnect for marketing unregistered securities to its citizens. #BREAKING
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NASAA released a new warning on cryptocurrency and ICO investment, promptly affirmed by the SEC. #NEWS
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Another month, another ICO lawsuit. This time it’s Giga Watt in the firing line, a startup whose aim is to launch a cryptocurrency mining facility. The company describes itself as “the world’s first full-service mining solution provider” and promises “turnkey mining services”. A group of investors are not impressed though, and have filed a lawsuit […]
The post Bitcoin Mining ICO Giga Watt is Being Sued for Securities Fraud appeared first on Bitcoin News.
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Cryptocurrency law can be maddeningly vague. From taxation to commodities, the US constitution is characterized by ill-defined and occasionally contradictory statutes regarding digital currencies. Law reform moves at a glacial pace, leaving the status of cryptocurrencies often unlegislated. For cryptocurrency users trying to navigate murky legal waters, this ambiguity can be frustrating. A new website […]
The post New Website Provides Guide to US Cryptocurrency Law appeared first on Bitcoin News.
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2018 is bound to be another really interesting year for Blockchain technology, with even greater awareness and adoption than 2017. #EXPERT BLOG
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Tightening the screw in ICO market, regulators block ways for diligent startups, still not being able to stop fraudsters. #EXPERT BLOG
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The looming shadow the United States federal government casts over the vibrant cryptocurrency industry grew somewhat darker last week. “By and large, the structures of initial coin offerings that I have seen promoted involve the offer and sale of securities and directly implicate the securities registration requirements…”. This remark was published on December 11 by […]
The post No Tout: Six Token Sale Questions Clarified by the SEC appeared first on Bitcoin News.
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It’s a well-known secret that the Securities and Exchange Commission has been cracking down on initial coin offerings. These developments took some people by surprise, as they had assumed cryptocurrencies in general would face additional scrutiny as well. So far, that has not happened, although it seems to be only a matter of time until this situation changes. Former SEC chairman Harvey Pitt claims we can expect “major regulatory responses” as early as 2018. What Does the SEC Have in Store for Bitcoin? We have seen a fair few interesting cryptocurrency-related trends in 2017. The rejection of Bitcoin ETFs was aPowered by WPeMatico