US SEC Files Charges Against PlexCorps Over Alleged ICO Fraud

US SEC Files Charges Against PlexCorps Over Alleged ICO Fraud

A new division of the US Securities and Exchange Commission focusing on initial coin offerings (ICOs) has filed its first charges against a privately held company called PlexCorps and its top two officials for allegedly defrauding investors. The charge…

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This Is Cantor Fitzgerald’s 2nd Foray Into Crypto, The First Did Not End Well

This Is Cantor Fitzgerald’s 2nd Foray Into Crypto, The First Did Not End Well

Investment firm Cantor Fitzgerald announced a bitcoin futures program set to launch in 2018. The news puts Cantor Fitzgerald on the long list of traditional money forces putting a bet on bitcoin. But this isn’t their first foray into cryptocurrencies. …

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Malaysia Financial Regulator Unveils Blockchain Pilot Project

Malaysia Financial Regulator Unveils Blockchain Pilot Project

The Securities Commission (SC) Malaysia is exploring the use of distributed ledger technology for the over-the-counter (OTC) market. The pilot project, run through SC’s Alliance for Fintech (aFINity) program, aims to examine how blockchain could …

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Satoshi Forest Gets Permit After 3+ Years, Why The Delay?

Satoshi Forest Gets Permit After 3+ Years, Why The Delay?

After more than three years, bitcoin’s most visible and arguably most successful charity has won its legal battle with Escambia County. The decision to issue a permit allows Sean’s Outpost to continue operating Satoshi Forest for the foreseeable future…

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Chinese Bitcoin Exchanges Eye Friendlier Asian Countries As Crypto/CNY Trading Ban Comes Into Effect

Chinese Bitcoin Exchanges Eye Friendlier Asian Countries As Crypto/CNY Trading Ban Comes Into Effect

A ban on cryptocurrency trading against the yuan has officially come into effect in China, forcing mainland bitcoin trading platform operators to turn to other Asian markets. Huobi, once one of the largest bitcoin trading platforms in the world, said i…

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Putin: Cryptocurrencies Pose ‘Significant Risks,’ Regulation Needed

Putin: Cryptocurrencies Pose ‘Significant Risks,’ Regulation Needed

Russia’s president has come out and called for the regulation of cryptocurrencies such as bitcoin as they bear ‘significant risks.’ On Tuesday, Vladimir Putin was at a meeting in Sochi with top financial officials with the topic of digital currencies o…

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Japan Solidifies its Position as Bitcoin Powerhouse, Processes 61% of Global Trades

Japan Solidifies its Position as Bitcoin Powerhouse, Processes 61% of Global Trades

Over the past month, following The PBOC’s crackdown on Chinese Bitcoin exchanges, Japan has successfully evolved into the largest Bitcoin exchange market by trading volume, overtaking the US by a significant margin. According to various market da…

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Chief Indian Economist: Bitcoin Won’t become a ‘Legal Currency’ in India without Regulation

Chief Indian Economist: Bitcoin Won’t become a ‘Legal Currency’ in India without Regulation

A prominent Indian economist believes that bitcoin needs to be regulated in India before it will become a legal currency. In a Q&A interview with the Economic Times, Dr S.P. Sharma, chief economist at the PHP Chamber of Commerce and Industry, was questioned on whether he thought bitcoin would be accepted legally in the country. […]

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The Indian Government is Considering its Own Cryptocurrency

The Indian Government is Considering its Own Cryptocurrency

The Indian government is reportedly considering its own digital currency, similar to bitcoin. The central government of India has discussed the proposal with a committee of government officials, according to an unnamed source, reports the Business Standard. As India’s central bank believes that digital currencies are ‘susceptible to misuse’ the government is looking at a […]

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ICO Regulation: Industry Experts Urge UK FCA To Not Stifle Innovation

ICO Regulation: Industry Experts Urge UK FCA To Not Stifle Innovation

As countries such as the US, China and Hong Kong are progressively tightening regulation around crowdsales and initial coin offerings (ICOs), the UK has the opportunity to create a regulatory framework that is conducive to innovation and attract the world’s most forward-thinking businesses, according to Barry James, the co-founder and CEO of the Crowdfunding Centre. […]

This post ICO Regulation: Industry Experts Urge UK FCA To Not Stifle Innovation first appeared on Coinjournal.

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