In an Apparent First, U.S. SEC Penalizes Crypto Hedge Fund
The U.S. SEC has penalized a crypto hedge fund for the first time, issuing a cease and desist order and fine to California-based Crypto Asset Management Go to Source Powered by WPeMatico
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Bitcoin Price Watch: Currency Slightly Stable, but Crypto Market Is in Bad Shape
Bitcoin is trading for just over $6,200. This is about $100 less than where it stood yesterday. The currency continues to sputter along and encounter small ups and downs as it tries, once again, to rise to the top. While bitcoin itself remains somewhat stable, the crypto market in general is heading towards its lowest … Read more
Riot Blockchain Replaces CEO Over $27 Million Pump and Dump Charges
Riot Blockchain, Inc. (NASDAQ: RIOT), a company officially focused on cryptocurrency mining and the development of an exchange, has swiftly replaced its CEO after the SEC charged him in connection to a fraudulent $27 million pump an dump scheme. Also Read: Denmark’s Largest Bank May Have Facilitated up to $150 Billion in Money Laundering $27 … Read more
Bitcoin Markets Volatile After US SEC Suspends Trading in Two Crypto-Based Securities
Investor “confusion” leads to U.S. regulator issuing ban on two pioneering crypto-related ETNs Go to Source Powered by WPeMatico
SEC Suspends Trading of XBT Provider’s Bitcoin Exchange-Traded Product
The U.S. Securities and Exchange Commission has suspended the trading of two XBT Provider products: Bitcoin Tracker One and Ether Tracker One. The agency attributes “a lack of current, consistent and accurate information” which leads to “confusion amongst market participants” as the reason. Also read: 160 Crypto Exchanges Seek to Enter Japanese Market, Regulator Reveals SEC … Read more
Abra CEO: SEC Denies Bitcoin ETFs Because Applicants Do Not Fit Industry Archetype
Abra CEO Bill Barhydt suggested that the SEC has denied crypto ETFs because “people who are doing the applications don’t fit mold of who the SEC is used to approving” Go to Source Powered by WPeMatico
NEO Price Watch: People Stay Positive as Currency Loses Value
At press time, the coin that has often been called the “Chinese Ethereum” is up to about $22. This is about two dollars more than when we last covered NEO, which suggests that the currency is experiencing bullish momentum along with bitcoin. As the 15th-largest coin in the crypto space, one source claims that the … Read more
India Sends Officials to US, Japan and Switzerland to Study Cryptocurrency and ICOs
While the Reserve Bank of India struggles to ban crypto, officials travel to other countries to learn more about it Go to Source Powered by WPeMatico
Philippine SEC to Publish Draft Crypto Exchange Regulations Next Week
The Philippine Securities and Exchange Commission (SEC) is exploring regulating cryptocurrency as trading platforms, according to SEC Commissioner Ephyro Luis Amatong. Commissioner Amatong also indicated that the current Australian and Swiss legislative apparatus pertaining to virtual currency exchanges are being considered as possible templates for the future regulatory framework of the Philippine SEC – the … Read more
Bitcoin Price Watch: Currency Remains at $7,200, Shows More Stability
At press time, the largest cryptocurrency by market cap remains at $7,200, where it has been for nearly 72 hours. However, the price has bumped itself up just enough that $7,300 is likely right around the corner granted bitcoin can keep up this momentum. According to one analyst, bitcoin is exhibiting great maturity, and it’s … Read more
