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World Blockchain Roadshow 2018 – Asia and Europe • June 28 - August 18, 2018

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Tag: securities

Coinbase Backtracks on Claims of SEC Security Approval

Category: Altcoins, Bitcoin, Blockchain, Business, News

Coinbase Backtracks on Claims of SEC Security Approval

On July 16, 2018, Coinbase, one of the largest cryptocurrency platforms in the United States, claimed to have received the regulatory nod to acquire three securities companies. However, Coinbase released another statement later, clarifying that it did not receive explicit permission from the SEC or any other government body. In June 2018, a Coinbase blog post confirmed that the company…

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Founder of PlexCoin ICO Finally Transfers 420 Bitcoins to a Quebec Court

Category: Bitcoin, Business, Crime, News, Regulation

Founder of PlexCoin ICO Finally Transfers 420 Bitcoins to a Quebec Court

Back in September 2017, when the cybersecurity arm of the United States Securities and Exchange Commission (SEC) was established to checkmate crypto-related crimes, PlexCorps, the parent company of PlexCoin ICO and its founder, Dominic Lacroix was among the first illegal virtual currency projects to be shuttered by the watchdog. In the latest development, authorities have successfully retrieved $3.724 million worth…

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ShipChain Blockchain Firm Slapped with Cease-and-Desist Order in South Carolina

Category: Altcoins, Blockchain, Business, Ethereum, Finance, News, Regulation

ShipChain Blockchain Firm Slapped with Cease-and-Desist Order in South Carolina

Regulatory authorities in the United States are not relenting in their efforts to sanitize the cryptocurrency ecosystem. In one such operation, the South Carolina Attorney General’s office has issued a cease-and-desist order to ShipChain for running afoul of its statutes by selling unregistered securities. Operation Securities Sweep Per the notice issued by the office of the Attorney General, ShipChain has…

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Amid ICO Crackdowns, Kodak Announces $50 Million Public Sale of Native Token

Category: Altcoins, Business, Finance, News, Regulation

Amid ICO Crackdowns, Kodak Announces $50 Million Public Sale of Native Token

Despite global powers like the US and China scrambling around to prepare lucid regulatory laws for the burgeoning digital assets sector, American companies like Eastman Kodak are taking the audaciously bold plunge to launch their own Initial Coin Offering. Kodak’s ICO Bet On May 10, 2018, Wenn Digital, a big data and AI-enabled image recognition platform, officially announced the impending…

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Cryptocurrency Exchange KuCoin Puts Underperforming Altcoins in Timeout Before Delisting

Category: Altcoins, Bitcoin, Finance, News, Regulation

Cryptocurrency Exchange KuCoin Puts Underperforming Altcoins in Timeout Before Delisting

Hong Kong-based cryptocurrency exchange KuCoin is putting underperforming altcoins on notice before delisting them. The move lets customers know the tokens have become too illiquid or their trading volumes have dropped below acceptable levels for continued listing on the exchange. Bolsters Transparency The action appears to be an effort to boost transparency on the popular altcoin exchange, and to give…

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Renewed Calls for Crypto Regulations from Nasdaq, Bank of America, and the U.S. Congress

Category: Altcoins, Business, Finance, News, Regulation

Renewed Calls for Crypto Regulations from Nasdaq, Bank of America, and the U.S. Congress

There is no consensus as to the correct approach to cryptocurrencies business and in government. 2017 appears to have pushed more stakeholders in mainstream finance and government to take the market seriously. 2018 has seen a slew of regulations from different governments in an attempt to control the market. In the last few days, some notable figures in business and…

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Former CTFC Chairman Says Ripple and Ethereum Might Get Classified as Securities

Category: Altcoins, Bitcoin, Blockchain, Commentary, Finance, News, Regulation

Former CTFC Chairman Says Ripple and Ethereum Might Get Classified as Securities

Gary Gensler, former CFTC chairperson and one of the top financial regulators in the Obama administration talked about the fast evolving realm of cryptocurrencies during his recent speech at the Massachusetts Institute of Technology on April 23, 2018. Ethics And Governance “I don’t think it’s any longer a question of ‘if,’ but it’s a question of ‘when.’’ ICOs and other…

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Tezos Co-Founder FINRA Suspension Could Impact Project Launch

Category: Altcoins, Business, Finance, News, Regulation

Tezos Co-Founder FINRA Suspension Could Impact Project Launch

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…

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Texas Authorities Sling out Cease and Desist Order to DavorCoin

Category: Altcoins, News, Regulation

Texas Authorities Sling out Cease and Desist Order to DavorCoin

Texas regulatory authorities have issued a cease and desist order to another scam crypto investment scheme just a few weeks after sending BitConnect packing. Authorities are Busy in Texas Barely a few weeks after issuing a similar order to the BitConnect, the Texas State Securities Board on February 2 released another emergency cease and desist order against DavorCoin. The self-proclaimed…

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Antshares Flexes A Technology Muscle, Set to Release Smart Contracts For Everyone

Category: Blockchain, News, Tech

Antshares Flexes A Technology Muscle, Set to Release Smart Contracts For Everyone

Antshares sets the pace in a new playing field amongst Blockchain applications and is set to release their smart contracts 2.0 in June, an important development contributing to diversity within the blockchain community and of smart contracts, with Hyperledger not open to the public and Rootstock yet to release anything. When projects such as Bitcoin and Ethereum emerge, their success…

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