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SEC


The Securities and Exchange Commission (SEC) published a report Thursday, Feb. 15 explaining the temporary suspension of trading in three companies that had made statements about acquiring cryptocurrency and “Blockchain technology-related assets”. All three companies, Cherubim Interests (CHIT), PDX Partners (PDXP), and Victura Construction Group (VICT) have been suspended starting Feb. 16 for two weeks …

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Atari SA, a French holding company that contains the former Atari, Inc., the publisher of video games such as Tetris and Pac Man, has seen its share price go up more than 60 percent after announcing that it would invest in cryptocurrency, Bloomberg reports Thursday, Feb. 15. According to Atari’s press release earlier this month, Atari …

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A major US government security figure recently stated that regulation of cryptocurrencies by Washington is not “close,” CNBC reports Feb. 16. In comments which echo those from various US regulatory circles this year, special assistant to the president and White House cybersecurity coordinator Rob Joyce told the Munich Security Conference Friday that plans were still …

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George Soros’ investment fund became the third-largest shareholder in the pro-cryptocurrency retailer Overstock last year, data shows, according to an article published by CNBC on Thursday, Feb. 15. According to a filing from the US Securities and Exchange Commission (SEC) reported by CNBC Thursday, Soros Fund Management had secured 2,472,188 shares in Overstock by the …

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The U.S. Securities and Exchange Commission said Friday that it has temporarily suspended trading of three companies as it looks into statements they made regarding the purchase of cryptocurrency and blockchain-related assets. The regulator announced that the trade of securities for the companies – Cherubim Investments, Inc., PDX Partners, Inc., and Victura Construction Group, Inc. – will be suspended …

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The Canadian Securities Exchange (CSE) announced yesterday, Feb.13, that they will soon launch a securities clearing and settlement platform based on the Ethereum (ETH) Blockchain that lets companies raise capital with security tokens. According to the CSE announcement, companies using the Blockchain-based platform can issue Security Token Offerings (STO) to investors as a means to …

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The Securities and Exchange Commission (SEC) should give past initial coin offering (ICO) organizers the chance to seek remediation in light of possible violations, according to a petition filed with the agency last month. The petition was penned by Liquid M Capital, a broker-dealer and fintech firm acquired by Templum earlier this month. Dated January 23 …

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The U.S. Securities and Exchange Commission (SEC) declined to provide information on Blockchain project Tezos requested by attorney David Silver via the Freedom of Information Act (FOIA), Reuters reported Feb. 10. Silver represents plaintiffs in a lawsuit filed against Tezos back in November, 2017, the second of several lawsuits against the company since it gathered …

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The U.S. Securities and Exchange Commission (SEC) has denied a request for information regarding the Tezos blockchain project, citing an exemption typically applied to records gathered for law enforcement activities. The denial letter was addressed to attorney David Silver of the SilverMiller law firm and dated Feb. 6, in response to a Freedom of Information Act …

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During the US Securities and Exchange Commission (SEC) and Commodities and Futures Trading Commission (CFTC) senate hearing on February 6 2018, SEC chairman Jay Clayton emphasized that initial coin offerings (ICOs) will be met with tighter regulations, while true cryptocurrencies will be embraced with smart policies. Hard for ICOs At the senate hearing (as previously …

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The Dow Jones Industrial Average has dropped another 1,000 points Thursday, Feb. 8, making it the second time in four days that the traditional market has fallen more than 1,000 points. The S&P 500 Index is also down 3.75 percent by press time, which is its lowest point since mid-November, according to the Boston Globe. …

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Bitcoin and its crypto brethren received an unlikely lifeline from American trading regulators on Tuesday this week, which ended in a complete turnaround after a nasty market crash. The Commodities and Future Trading Commission and the US Securities Exchange Commission held a highly anticipated hearing on Tuesday, focused on their stance towards cryptocurrencies, initial coin …

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The SEC’s Office of Compliance Inspections and Examinations (OCIE) intends to prioritize an examination of developments in the cryptocurrency and initial coin offering markets this year. Revealed today in the agency’s annual “examination priorities” update, the OCIE said it will broach the industry under its mandate to improve compliance, monitor risk and prevent fraud in …

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“Bullish.” “A sign of relief.” These were just some of the comments that came from industry observers in the wake of a hearing held Tuesday by the U.S. Senate Committee on Banking, Housing and Urban Affairs, one that addressed the question of how domestic lawmakers should consider cryptocurrency regulation. Widely anticipated due to its positioning …

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“It’s important to remember that if there were no bitcoin, there would be no distributed ledger technology.” That was the response from Commodity Futures Trading Commission chairman J. Christopher Giancarlo when asked by Arkansas Senator Tom Cotton about the value of the technology underlying cryptocurrencies like bitcoin. In his remarks, Giancarlo described them as invariably …

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As might be expected, Tuesday’s Senate hearing on cryptocurrency regulation touched on an oft-discussed facet of digital assets: their price volatility. Appearing before the Senate Banking Committee, Securities and Exchange Commission chair Jay Clayton and Commodity Futures Trading Commission chair J. Christopher Giancarlo were asked about their views on the zigzagging prices, as well as …

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The Commodity Futures Trading Commision (CFTC) and US Securities and Exchange Commision (SEC) met the morning of February 6 2018 to discuss their roles in Blockchain, virtual currencies, and ICOs. Set in Washington D.C. at the Dirksen Senate Building, the Committee on Banking, Housing, and Urban Affairs met in open session for about 2 hours. …

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Venezuela’s controversial plan to create an oil-backed cryptocurrency saw debate and discussion at a U.S. Senate hearing Tuesday. Held by the Senate Committee on Banking, Housing and Urban Affairs, which kicked off at 10 a.m. EST, the event notably saw CFTC chairman J. Christopher Giancarlo and SEC chair Jay Clayton discuss and respond to a …

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In our Expert Takes, opinion leaders from inside and outside the crypto industry express their views, share their experience and give professional advice. Expert Takes cover everything from Blockchain technology and ICO funding to taxation, regulation, and cryptocurrency adoption by different sectors of the economy. If you would like to contribute an Expert Take, please …

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With the help from recent news headlines chronicling the substantial increase of some cryptocurrencies, more members of the public are discovering what people who’ve dealt with digital currencies like Bitcoin already knew. Although volatility is constant, it is possible to become wealthy with Bitcoin and similar non-physical forms of money. So you might be wondering, …

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