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Tag: FINRA
FINRA Releases Alert on Cryptocurrencies and ICOs
Category: Altcoins, Bitcoin, ICO News, News, Regulation
According to the Financial Industry Regulatory Authority (FINRA), Initial Coin Offerings (ICOs) and cryptocurrencies are investments that have significantly higher risks than conventional assets like stocks and bonds. FINRA noted that cryptocurrencies hold significant uncertainty and may even be fraudulent. While all forms investments come with a certain level of risk, FINRA warned the public through an investor’s alert post…
Coinbase RoundUp: Token Additions, SEC Acquisition, and FINRA Probe?
Category: Adoption, Altcoins, Business, Development, Finance, Investment, News, Regulation
One of the first crypto unicorns in the space, Coinbase, has enjoyed the same volatility native to the sector it represents just this past week. Most notably, the firm announced the potential addition of five new cryptocurrencies, an odd (and apparently unnecessary) declaration regarding confirmation from the SEC and FINRA, and a tacit response from the Ripple community for not…
Tezos Co-Founder FINRA Suspension Could Impact Project Launch
Category: Altcoins, Business, Finance, News, Regulation
The fine issued by the Financial Industry Regulatory Authority (FINRA) to Tezos co-founder Arthur Breitman could reportedly affect the Tezos project, especially if the SEC deems its tokens to be a security. On April 18, 2018, Breitman was fined $20,000 for alleged violations of FINRA regulations, a charge he neither admitted nor denied. FINRA also suspended him from associating with…
