According to Kobre & Kim government enforcement defense and securities litigation attorney Jake Chervinsky, the second phase of the US Securities and Exchange Commission (SEC)’s enforcement on crypto is a painful and slow grind for the sector. Earlier this week, the US SEC cracked down on Paragon and AirFox, two initial coin offering (ICO) projects
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A growing number of companies are entering the cryptocurrency space in Thailand. However, they have not applied for approval from the Thai Securities and Exchange Commission (SEC), prompting the regulator to issue several warnings against unapproved operators. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Companies Entering Thai Crypto Space Since Thailand enacted its […]
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The U.S. Securities and Exchange Commission (SEC) has settled charges with two initial coin offering issuers. These cases are the commission’s first to impose civil penalties “solely for ICO securities offering registration violations.” Both companies have agreed to refund investors, pay penalties, and register their tokens as securities. Also read: Yahoo! Japan Confirms Entrance Into the […]
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Thailand’s Securities and Exchange Commission (SEC) has reportedly revealed that it expects to approve the country’s first portal for initial coin offerings (ICOs) this month, with ICO approvals to follow. According to the country’s crypto regulation, a portal’s role is to examine companies planning to launch an ICO. Also read: Yahoo! Japan Confirms Entrance Into the […]
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The Korean Bar Association, whose membership is mandatory for all lawyers in the country, has campaigned publicly for the government to pass a number of cryptocurrency-related laws. The group specifically proposes regulation for crypto exchanges, initial coin offerings, domestic and foreign crypto transactions, and cryptocurrency funds. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space […]
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Remittancetoken.io is a tokenized money transfer platform with unparalleled speed.
The off chain version of Remco token is on a run rate of $20,000,000 by the end of 2018, and the solution is Jurisdiction and Money Transmission Flow Agnostic. Any money transmitter can use it.
The post PR: Remco Launches Pre-ICO Token Sale – Parent Company Processed $700,000,000 in the Last 24 Months appeared first on Bitcoin News.
The Taiwanese government has amended its laws that regulate cryptocurrency transactions. The revisions reportedly give the country’s Financial Supervisory Commission “the authority to crack down on anonymous virtual currency transactions.” Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Amendments Passed The Legislative Yuan, Taiwan’s highest legislative body, on Friday passed some amendments to existing laws aimed […]
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The annual report of the SEC’s Division of Enforcement has detailed the actions taken against initial coin offerings during the preceding financial year. Also, a report published by One Alpha estimates that Israeli ICOs have raised more than $600 million during 2018, and 25 investors have filed a lawsuit accusing rapper T.I. and his business […]
The post ICO Roundup: SEC Annual Report, Israeli Offerings Raise $600 Million, Rapper Sued appeared first on Bitcoin News.
Leading global cannabis brands are ready to go cashless and take advantage of all the opportunities offered by the BitCanna blockchain platform
AMSTERDAM, October 31, 2018 – With the current exponential growth of both the global cannabis industry and blockchain technology, there is a potential partnership that stands to benefit both. Within the cannabis industry, there is a growing demand for payment solutions, track & traceability of crops, and trust mechanisms. BitCanna is combining the best of all worlds, addressing each of these problems through the launch of its blockchain platform and associated cryptocurrency. Over the past year, a team of 20 dedicated specialists has worked in close collaboration with the cannabis industry on the development of the platform and its global expansion. A large and growing number of leading international brands have already confirmed their partnership, and on the first of November their ICO will open for interested investors.
The post PR: BitCanna – Dutch Blockchain Startup Launching a Revolutionary Cannabis Platform appeared first on Bitcoin News.
South Korean financial regulators are cracking down on unauthorized cryptocurrency funds. In particular, one crypto fund launched by a local exchange is reportedly being investigated. The exchange claims no wrongdoing as its token activities were carried out overseas, but has promptly canceled its plan to launch a second fund. Also read: Yahoo! Japan Confirms Entrance Into […]
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Thailand’s Securities and Exchange Commission (SEC) has warned about nine unauthorized tokens and initial coin offerings. These have neither been approved by the authorities nor met the necessary requirements. In addition, the regulator is also reportedly considering allowing asset management companies to launch cryptocurrency funds. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space SEC’s […]
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The Taiwanese Financial Supervisory Commission is drafting a set of national standards for initial coin offerings. The regulator reportedly aims to make tokens as easy to invest and as liquid as stocks. The commission emphasizes that it “has no intention of curbing the creativity and productivity associated with cryptocurrencies if they are not used as […]
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Boxing superstar Floyd Mayweather and rap producer DJ Khaled face a legal battle for serving as celebrity endorsers to an initial coin offering (ICO) accused of fraud. The founders of the allegedly fraudulent ICO were arrested by American criminal authorities back in April. Also Read: The Daily: Goldman Sachs Invests in Wallet, Institutional Traders Borrow […]
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We are elated to announce that Roger Ver, CEO of Bitcoin.com and Mate Tokay, COO of Bitcoin.com joined Azbit as our Advisors!
Apparently the subject on everyone’s mind today is “Roger Ver is planning to open his own cryptocurrency exchange”. The global crypto community of course took his statement seriously since “Bitcoin Jesus” has a good eye for the major upcoming industry trends.
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