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The U.S. Securities and Exchange Commission (SEC)’s investigation over shady behavior in the cryptocurrency market will only continue, said former chairman Harvey Pitt. Also Read: Popular Chat App Kakao’s Exchange Upbit Claims Number One Spot in South Korea Tighter Regulation on the Horizon SEC this Tuesday halted trading of The Crypto Co. over manipulation concerns after … Read more
A potentially giant step toward approval for listing bitcoin futures as exchange traded funds (ETFs) was taken this week when the New York Stock Exchange (NYSE) Arca, owned by Intercontinental Exchange (ICE), filed a petition for a rule change regarding two potential ETFs. The document presumes much of the groundwork to be already completed, and … Read more
The Philippine central bank, Bangko Sentral ng Pilipinas (BSP) and the country’s regulators are planning to create regulatory standards for digital assets like bitcoin. This week the BSP Deputy Governor, Chuchi Fonacier, said the bank is working with the Securities and Exchange Commission in order to create regulatory guidelines for Philippine businesses and exchanges who … Read more
Bitcoin ETFs took another step closer to reality as the New York Stock Exchange gives its imprimatur, filing for Bitcoin-futures tracking ETF approval. #ANALYSIS Go to Source Powered by WPeMatico
In one day Bitcoin has seen a significant drop, Bitcoin Cash has spiked, the SEC has stepped in and a company has cashed in on a crypto company name. #ANALYSIS Go to Source Powered by WPeMatico
The US SEC suspends the trading of The Crypto Co. stocks until Jan. 3, 2018 due to concerns over sale of shares by ‘insiders’ and potential manipulation. Go to Source Powered by WPeMatico
The Securities and Exchange Commission (SEC) announced “the public interest and the protection of investors require a suspension of trading in the securities of The Crypto Company.” It’s the second time this year the SEC has gone after crypto-affiliated, publicly traded companies. Also read: Tezos Foundation Board Member Quits SEC Suspends The Crypto Company Effective … Read more
Once celebrities began endorsing ICOs, many were quick to claim that this was the top; the mania had reached its peak and the token bubble was about to pop. And when the SEC filed charges against several dubious projects, forcing others to return funds to investors, this assessment appeared to be accurate. Despite the mid-summer … Read more
Centra, an initial coin offering (ICO) noted for having been promoted by Floyd Mayweather, is now facing a class action lawsuit. The ICO is accused of violating securities laws by misrepresenting the cryptocurrency as comprising a utility-based token. Also Read: Trading Bitcoin for an Altcoin Won’t Shield You From the IRS Anymore The Suit Has Been … Read more
We have seen quite a few complaints involving ICOs in the past few months. Especially in the US, there is genuine concern as to whether or not most of these tokens are securities. It appears someone has filed a complaint against the Centra ICO, which garnered a lot of attention thanks to Floyd Mayweather Jr.’s involvement as … Read more
