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The SEC will continue to crack down on potentially fraudulent initial coin offerings for the foreseeable future. Most recently, it temporarily suspended all trading of UBI Blockchain Internet LTD securities. Known as UBIA, the Hong Kong-based venture has gotten in the crosshairs of the SEC in recent weeks. There are quite a few questions regarding this project … Read more
Financial regulators around the world seem to finally notice that some companies are trying to capitalize on the insatiable appetite for everything crypto by claiming a link to blockchain. Trading in the stocks of one such alleged company has now been stopped by the SEC. Also Read: Peak Blockchain Hype? Firm With No Revenues and … Read more
Investors in Thailand can now trade bitcoin futures listed on the Chicago Mercantile Exchange and the Chicago Board Options Exchange. The country’s financial authorities say that these instruments should be offered in Thailand and one company is already offering them to their customers. Also read: South Korea Urges 23 Countries, EU, and IMF to Collaborate on … Read more
After leaving the door open to possible Bitcoin ETF approval last year, SEC asks firms to withdraw their Bitcoin-related ETF proposals. #BREAKING Go to Source Powered by WPeMatico
Plenty of cryptocurrency enthusiasts still have high hopes of seeing Bitcoin ETFs gain regulatory approval. If it is up to the SEC, such investment vehicles will not be approved in the near future. At the same time, the New York Stock Exchange is putting a lot of pressure on the regulator to approve so-called leveraged and … Read more
It’s dot-com mania all over again, as the SEC suspends trading of a zero revenue Blockchain company with a market cap exceeding $800 mln. The regulator cites “unusual and unexplained market activity.” #NEWS Go to Source Powered by WPeMatico
The US Securities and Exchange Commission (SEC) received yet another request to approve Wall Street bitcoin exchange-traded funds (ETFs). This time, the New York Stock Exchange (NYSE) wishes to list five new ETFs, so-called leveraged and inverse funds which increase risk and reward. Also read: African Central Banks Urged to Ditch Dollar and Buy Bitcoin … Read more
Attention shifts from national regulators to states, as Texas Securities Commissioner issues cease and desist order against Bitconnect for marketing unregistered securities to its citizens. #BREAKING Go to Source Powered by WPeMatico
NASAA released a new warning on cryptocurrency and ICO investment, promptly affirmed by the SEC. #NEWS Go to Source Powered by WPeMatico
Another month, another ICO lawsuit. This time it’s Giga Watt in the firing line, a startup whose aim is to launch a cryptocurrency mining facility. The company describes itself as “the world’s first full-service mining solution provider” and promises “turnkey mining services”. A group of investors are not impressed though, and have filed a lawsuit … Read more
