Thailand Issues 4 Cryptocurrency Licenses, Rejects 2 Exchanges

Thailand has officially granted licenses to three cryptocurrency exchanges and one broker-dealer. Two exchanges have been rejected and one is still being reviewed. These seven companies have been temporarily allowed to operate in the country. Two of them will now begin closing down their businesses. Also read: Indian Supreme Court Moves Crypto Hearing, Community Calls for … Read more

Analysis: Understanding the SEC’s Stance on Crypto

Last year the U.S. Securities Exchange Commission took enforcement action against initial coin offerings and other crypto companies perpetrating fraud. Many believe 2019 will be the year when regulators clamp down on rogue cryptocurrency operators. Here we decode the overlapping and occasionally contradictory stance taken by U.S. regulators, and consider what the market can expect. … Read more

Pump and Dumps Are the Final Indignity for Dying Coins

You can tell an altcoin is close to death when its price soars. That may sound like a contradiction in terms, but that’s what can happen to crypto assets when they’re in the throes of death. With low liquidity and thin volume, exchange-listed altcoins are prey to manipulators who will send them skyward one final … Read more

Phillip Frost Agrees to Settle Riot Blockchain Related Case for $5.5 Million

Riot Blockchain, Inc. replaced its CEO in September after the SEC charged him in connection with a fraudulent $27 million pump and dump scheme. Now another person involved in that case, biotech billionaire Phillip Frost, has agreed to pay $5.5 million to settle the charges. Also Read: The Daily: Best Selling Authors Introduce Bitcoin to … Read more

Bitcoin Price Watch: A Final Look Back at 2018

At press time, bitcoin is trading for just over $3,700. While the currency has managed to keep up a small bit of momentum in the past seven days to stay above $3,600, the currency has failed to meet the expectations of most die-hard investors and enthusiasts. This will be our final price piece of 2018, … Read more

US Lawmakers File Bill to Exclude Cryptocurrencies From Securities Definition

Two U.S. congressmen have introduced a bill aimed at amending the country’s securities laws to exclude cryptocurrencies from the definition of a security. The bipartisan bill also seeks to adjust taxation and create tax exemptions for certain cryptocurrency transactions. Also read: Indian Supreme Court Moves Crypto Hearing, Community Calls for Positive Regulations Bill Introduced U.S. Reps. Warren … Read more

Thai SEC Plans to Relax ICO Regulations

The Thai Securities and Exchange Commission (SEC) is reportedly planning to ease the country’s regulation for initial coin offerings. The regulator is conducting a public hearing to relax rules on pre-sales and private token sales. The commission has also unveiled plans to prevent the exploitation of token sales. Also read: Indian Supreme Court Moves Crypto Hearing, … Read more