NASAA released a new warning on cryptocurrency and ICO investment, promptly affirmed by the SEC. #NEWS
Powered by WPeMatico
NASAA Warns Investors About Crypto And ICOs, SEC Approves
Category: SEC
Auto Added by WPeMatico
Bitcoin Mining ICO Giga Watt is Being Sued for Securities Fraud
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.
Powered by WPeMatico
New Website Provides Guide to US Cryptocurrency Law
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.
Powered by WPeMatico
2018 Blockchain and Cryptocurrency Outlook: Expert Blog
2018 is bound to be another really interesting year for Blockchain technology, with even greater awareness and adoption than 2017. #EXPERT BLOG
Powered by WPeMatico
What’s Wrong With the ICO Market? Expert Blog
Tightening the screw in ICO market, regulators block ways for diligent startups, still not being able to stop fraudsters. #EXPERT BLOG
Powered by WPeMatico
No Tout: Six Token Sale Questions Clarified by the SEC
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.
Powered by WPeMatico
Former SEC Chairman Warns of Regulatory Crackdown for Cryptocurrencies
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
Securities Lawyers Say Barry Silbert Tweets Are Red Flags for Regulators
Experts in US securities laws say that some of Barry Silbert’s many tweets on ETC prices, as well as a recent “pro tip” he shared with a shorter, may raise red flags for market regulators in charge of preventing price manipulation. Also Read: Litecoin Creator Charlie Lee Reveals He Sold All His Litecoin Barry Silbert […]
The post Securities Lawyers Say Barry Silbert Tweets Are Red Flags for Regulators appeared first on Bitcoin News.
Powered by WPeMatico
China’s Bruno Wu Takes Controlling Interest in Licensed US Crypto Exchange
Chinese cloud-based solutions service, Seven Stars Cloud Group, Inc. (SSC), announced this week its 27 percent purchase stake of US crypto blockchain exchange Delaware Board of Trade Holdings Inc. (DBOT). SSC is owned and run by entertainment mogul Bruno Wu, who many analysts believe is trying to get in on the near-half a trillion cryptocurrency […]
The post China’s Bruno Wu Takes Controlling Interest in Licensed US Crypto Exchange appeared first on Bitcoin News.
Powered by WPeMatico
Options Giant Cboe Applies for Six Bitcoin-Based ETFs
It’s been over two weeks since the largest U.S. options platform, the Chicago Board of Trade (Cboe), launched its bitcoin-based futures products. Now over the past week, the firm has applied for six individual exchange-traded funds (ETF) and is waiting for the U.S. Securities and Exchange Commission’s (SEC) approval. Also Read: Popular Chat App Kakao’s Exchange […]
The post Options Giant Cboe Applies for Six Bitcoin-Based ETFs appeared first on Bitcoin News.
Powered by WPeMatico