Silicon Valley VCs Want the SEC to Back off on Cryptocurrency Regulation

Even though things looked rather dire for Bitcoin and other cryptocurrencies throughout the first few months of 2018, things are changing in favor of this growing industry. Silicon Valley backers are showing an increasing appetite for volatile cryptocurrencies. As such, they are demanding that the SEC not label this form of money as securities. That … Read more

Big Money Meets Secretly with Regulators to Protect Ethereum

Big money venture capitalists and law firms met in secret, roughly a month ago, with the US Securities and Exchange Commission (SEC), according to two major media outlets. The SEC has been particularly active this year, causing those with interest in pet coins and projects to lobby the agency for special protection. Top of the … Read more

The SEC Subpoenas Controversial Company Riot Blockchain

The U.S. Securities and Exchange Commission has issued a subpoena to controversial Riot Blockchain, a company that has been in the news more often than it would wish. The Castle Rock, Colorado-based company made the disclosure in its annual report in which it listed internet retailer Overstock as one of its biggest competitors. The subpoena was … Read more

SEC Subpoenas Riot Blockchain Over Cryptocurrency Plans

Various worrisome trends involving blockchain technology exist as of right now. One of the more popular solutions for struggling firms is to announce blockchain or cryptocurrency plans. As a result of such turnaround efforts, company stocks will usually soar in value. For Colorado-based Riot Blockchain, the decision to pursue this option backfired rather spectacularly. Riot … Read more

Philippines Senator Wants Harsher Penalties for Cryptocurrency Crimes

On Monday April 16, the Philippines opposition senator Leila M. de Lima asked her fellow bureaucrats to push the passage of the cryptocurrency bills she helped frame. The proposed bills aim to introduce a harsher penalty towards criminals who use cryptocurrencies during illegal activities. Also read: ‘Cryptomatoes’ Using Excess Mining Heat to Grow Produce Philippines Lawmaker … Read more

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