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In recent weeks, the SEC sent a shockwave of concern that’s reverberating through the blockchain industry – issuing subpoenas to companies that have conducted Initial Coin Offerings (ICOs). Those of us who understand the regulatory process foresaw the SEC subpoena sweep coming from miles away. Those who operated under the false assumption that blockchains, ICOs … Read more
The FBI has announced on Friday that Renwick Haddow, a 49-year old UK national, has been extradited to the US from Morocco to face charges at the Southern District Court of New York. He is accused of defrauding more than $36 million from victims by making material misrepresentations and misappropriating investment funds in two companies, … Read more
“Any country that gets highly regulated gets poorer, more poverty. And any country that’s free – gets richer.” Full interview with Tim Drape #INTERVIEW Go to Source Powered by WPeMatico
This week the Philippines Securities and Exchange Commission (SEC) revealed to the public that it plans to enforce securities regulations against cloud mining operations. According to the SEC’s statement, the regulatory agency believes these types of contracts should be defined as “securities.” Also read: ‘Cryptomatoes’ Using Excess Mining Heat to Grow Produce Philippines Securities and Exchange … Read more
After nearly four months of being purposefully offline, popular crypto exchange Bittrex announced its reboot, complete with a new website. Within an hour, the company had to once again cease onboarding customers. Also read: Bitgrail’s $170M Hack Continues to Provide Drama Bittrex Reemerges Bittrex CEO Bill Shihara explained, “We’ve spent the past four years building … Read more
Crypto Cloud Mining Contracts defined as securities by Philippines’ SEC, up to 21-years’ imprisonment for unregistered issuance. #NEWS Go to Source Powered by WPeMatico
Overstock’s Blockchain subsidiary tZERO introduces the prototype of its token trading software #NEWS Go to Source Powered by WPeMatico
The cryptocurrency ecosystem was sent abuzz this week as the US Securities and Exchange Commission (SEC) published a report of two new applications for bitcoin exchange traded funds (ETFs) to be listed on the New York Stock Exchange (NYSE) Arca. Will the crypto gods finally answer some enthusiasts’ prayers for mainstream adoption? Also read: Help Wanted! … Read more
SEC charges CEO of Longfin Corp. with securities fraud, freezing $27 mln in “ill-gotten” profits, following a publicized Blockchain acquisition. #NEWS Go to Source Powered by WPeMatico
The crypto markets are experiencing a slight downward trend today, bringing BTC back below $7,000. #NEWS Go to Source Powered by WPeMatico