In the Daily: Liberstad Coin, Mining Contracts, Luxembourg Law

In this edition of The Daily, we look at Liberstad’s progress toward building a libertarian community in Norway. The city has just issued its own digital coin. Also, crypto mining contracts have been classified as securities in the Canadian province of Quebec. And in Europe, Luxembourg has adopted a law that protects crypto traders and … Read more

Court Reconsiders Ruling After SEC Proves Blockvest Tokens Are Securities

After failing to convince a federal court regarding the nature of Blockvest tokens in the previous hearing, the U.S. Securities and Exchange Commission (SEC) has finally convinced the same judge that these tokens are securities. The agency alleges that the firm and its founder made several false claims regarding their token’s regulatory status. Also read: SEC … Read more

Currency.com Allows Crypto Traders to Buy Leveraged Equities, Indices and Metals

The worlds of traditional finance and cryptocurrency have always been divided, for regulatory and technical reasons. Until recently, it was difficult for cryptocurrency traders to gain exposure to stocks and commodities. Currency.com is looking to remedy that through launching the “Bitmex of stocks,” a crypto-friendly platform that promises high leverage and low barriers for entry. … Read more

Stock Exchange of Thailand Unveils Plan to Enter the Crypto Space

The Stock Exchange of Thailand is reportedly planning to launch a cryptocurrency exchange. The securities companies that are members of the exchange will also apply for cryptocurrency broker-dealer licenses with the country’s regulator. Thailand currently has three licensed crypto exchanges. Also read: Indian Supreme Court Moves Crypto Hearing, Community Calls for Positive Regulations SET Planning to … Read more

Malaysia Starts Regulating Cryptocurrencies Today

Malaysia’s finance minister has announced that the order to regulate cryptocurrencies and initial coin offerings as securities has come into force. Crypto service providers and exchanges are required to obtain authorization from the country’s Securities Commission, which will work with the central bank to ensure compliance. Also read: Indian Supreme Court Moves Crypto Hearing, Community Calls … Read more

Colorado Introduces Bill With Securities Law Exemptions for Cryptocurrencies

The U.S. state of Colorado has introduced the “Colorado Digital Token Act” which provides some “exemptions from the state securities laws for cryptocurrencies,” according to the text of the bill. Meanwhile, the state’s securities commissioner has already taken action against 20 initial coin offerings. Also read: Indian Supreme Court Moves Crypto Hearing, Community Calls for Positive … Read more

EtherDelta Founder Pays SEC $385,000 in Damages for Running an Unlicensed Securities Exchange

It would appear more trouble may be brewing for the cryptocurrency industry. Although there is still no official industry regulation in the United States, dark clouds are gathering over EtherDelta. Zachary Coburn, the founder of the platform, is charged by the SEC for running an unregistered securities exchange. ERC20 Tokens Are Always Risky No one … Read more

Hong Kong Regulator Announces New Plans for Cryptocurrency Industry

The Securities and Futures Commission of Hong Kong has announced new plans to regulate the cryptocurrency industry. The regulator issued two circulars on Thursday outlining new rules for crypto exchanges as well as crypto asset portfolio managers, intermediaries, and fund distributors. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space New Regulatory Approach The Hong … Read more

Exchanges Roundup: Ironx Raises $22.3M in Private Sale, IDCM to Target STOs

In this edition of Exchanges Roundup, we focus on Ironx, which has just wrapped up a $22.3 million private sale. We also look at International Digital Currency Markets’ plans to provide solutions for security token offerings, as well as some of the new exchanges opening in Estonia. Also Read: The Daily: Outcry Over Censoring of Gab, … Read more