Major Stablecoin Basis to Close, Return Funds to Investors: Sources
Altcoin
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Altcoin
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Major Stablecoin Basis to Close, Return Funds to Investors: Sources

btcethereumadmin - December 13, 2018

Major algorithmic stablecoin Basis, which raised $133 million in April, is shutting down and returning funds, say anonymous sources. Major United States-based stablecoin project Basis will shut…

AriseBank Founders to Pay $2.7 Million in Fines to Settle ICO Fraud Charges
Altcoin
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Altcoin
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AriseBank Founders to Pay $2.7 Million in Fines to Settle ICO Fraud Charges

btcethereumadmin - December 13, 2018

A U.S. federal court has ordered the founders of crypto startup AriseBank to pay $2.7 million in fines for allegedly defrauding hundreds of investors.   A United…

SEC Chairman Expresses ‘Optimism’ About DLT Investment Opportunities in Senate Testimony
Blockchain
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Blockchain
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SEC Chairman Expresses ‘Optimism’ About DLT Investment Opportunities in Senate Testimony

btcethereumadmin - December 12, 2018

U.S. SEC chairman Jay Clayton has said he is “optimistic” that developments in distributed ledger technology can bolster “capital formation.” United States Securities and Exchange Commission (SEC)…

‘The Drug Is Gone’: Mike Novogratz Compares Current Bitcoin Markets to ‘Methadone Clinic’
Blockchain
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Blockchain
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‘The Drug Is Gone’: Mike Novogratz Compares Current Bitcoin Markets to ‘Methadone Clinic’

btcethereumadmin - December 12, 2018

Mike Novogratz has said that the ICO market is “dead right now” during an interview on the current state of the crypto industry. Mike Novogratz compared current…

US Law Professor: Confusing Cryptocurrency Regulations Will Hamper Innovation
Crypto News
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Crypto News
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US Law Professor: Confusing Cryptocurrency Regulations Will Hamper Innovation

btcethereumadmin - December 11, 2018

Carol Goforth is a professor at the University of Arkansas School of Law. She recently published a paper about the consequences of having cryptocurrency regulations fall under…

US SEC Chairman Jay Clayton: ICOs Can Be Effective, But ‘Securities Laws Must Be Followed’
Blockchain
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Blockchain
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US SEC Chairman Jay Clayton: ICOs Can Be Effective, But ‘Securities Laws Must Be Followed’

btcethereumadmin - December 10, 2018

SEC chairman Jay Clayton declared that ICOs are effective, but also pointed out that “securities laws must be followed.” United States Securities and Exchange Commission (SEC) Chairman…

ICOs Are ‘Effective Way’ to Raise Capital If Rules Are Followed: SEC Chairman
Crypto News
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Crypto News
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ICOs Are ‘Effective Way’ to Raise Capital If Rules Are Followed: SEC Chairman

btcethereumadmin - December 10, 2018

Jay Clayton, chairman of the U.S. Securities and Exchange Commission (SEC), has spoken of the advantages of initial coin offerings (ICOs) as a way to raise capital…

Hodler’s Digest, Dec. 3-Dec.9: US SEC Delays BTC ETF Decision Again, While Nasdaq Confirms 2019 BTC Futures Launch
Bitcoin
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Bitcoin
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Hodler’s Digest, Dec. 3-Dec.9: US SEC Delays BTC ETF Decision Again, While Nasdaq Confirms 2019 BTC Futures Launch

btcethereumadmin - December 9, 2018

The United States SEC has delayed their Bitcoin ETF decision yet again, and Venezuela’s Petro is raised 150 percent in value. Coming every Sunday, the Hodler’s Digest…

The Daily: Trustology Raises $8 million, SEC Fines Crypto Fund Coinalpha
Crypto News
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Crypto News
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The Daily: Trustology Raises $8 million, SEC Fines Crypto Fund Coinalpha

btcethereumadmin - December 9, 2018

U.K.-based startup Trustology, which develops storage solutions for digital assets, has raised $8 million in funding and we’ve got the news in this edition of The Daily.…

US SEC Fines Delaware-Based Digital Asset Fund and Issues Cease and Desist Order
Crypto News
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Crypto News
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US SEC Fines Delaware-Based Digital Asset Fund and Issues Cease and Desist Order

btcethereumadmin - December 8, 2018

The SEC has fined a digital assets fund for breaching securities law and issued a cease and desist order. The United States Securities and Exchange Commission (SEC)…