Former CFTC Chair: Ethereum and Ripple Are Non-Compliant Securities

Ethereum’s Ether and Ripple’s XRP should be categorized as non-compliant securities, according to the former head of the Commodity Futures Trading Commission (CFTC), Gary Gensler. Bitcoin is exempt from this categorization, Gensler added in an interview with The New York Times. ETH And XRP Trading Illegally The man who was in charge of the CFTC from … Read more

SEC Charges Third Centra Co-Founder With Fraud

The United States Securities and Exchange Commission (SEC) has announced that Centra Tech Inc. co-founder, Raymond Trapani, has been charged with fraud charges resulting from the SEC’s investigations into Centra’s controversial $32 million USD initial coin offering (ICO). Mr. Trapani is the third and final Centra co-founder to be charged for having a role in … Read more

Ether & Ripple Doomed As Securities According to Regulation Expert

Former Obama administration financial regulator Gary Gensler believes cryptocurrencies such as ether and ripple appear as unregistered securities, and in current violation of the law. His comments carry considerable weight in the broader financial community. They also come after venture capitalists and lawyers invested in ether projects met secretly with the US Securities and Exchange … Read more

Vinny Lingham Interview: Scaling, Securities and Bitcoin Extremism

One of bitcoin’s leading luminaries, Vinny Lingham has an opinion on everything and an uncanny ability to sense market movements, earning him the moniker of Bitcoin Oracle. News.Bitcoin.com caught up with the serial entrepreneur to get his thoughts on bitcoin cash, Lightning Network, token models and more. Also read: Five Reasons Why Bitcoin Cash is About … Read more

Third Centra Co-Founder Charged With Fraud as Team Never Planned to Deliver the Goods

Things are quickly going from bad to worse for the Centra ICO. While it’s a well-known project with celebrity backing, the team running the show has a lot of explaining to do. Three of the co-founders have been charged with fraud despite raising $32 million through the initial coin offering. The Centra Plot Thickens Again In the world … Read more

Bitcoin Price Watch: Currency Hits $8,900

At press time, bitcoin has swelled past the $8,900 mark, and it is expected to surpass $9,000 by early next week. Since yesterday, it has risen by over $100. In addition, the cryptocurrency market has jumped from roughly $324 billion to $385 billion since April 16, marking a $60+ billion spike in less than seven … Read more

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