2018 was a terrible year for cryptocurrencies. One-time high-fliers like Bitcoin (BTC) slipped from lofty valuations near $20,000 to less than $4,000 in months. And while many investors have abandoned the space, there are still signs of solid growth and upside ahead. One, we’re watching for Institutional Interest One thing we have our eye on … Continue reading “Cryptocurrencies: What to Watch for in 2019”
US SEC
Crypto Expert: The US SEC Wasn’t the Cause for Downturn
If you have been reading cryptocurrency news lately, you would have noticed two significant things. The first is that the cryptocurrency market is down on its knees, throwing the entire industry into confusion. Secondly, cryptocurrency advocates are pointing to two factors as the cause of the bear market, Bitcoin Cash hard fork and the US … Continue reading “Crypto Expert: The US SEC Wasn’t the Cause for Downturn”
Cryptocurrency ETF Approval: The First One Goes Live this Week
The U.S. investment watchdog, the Securities and Exchange Commission (SEC) has repeatedly turned down Exchange-Traded Funds (ETF) seeking its approval. However, while the U.S. regulators are dragging their feet, their Swiss counterpart seems to be setting the pace. The global cryptocurrency community will welcome the first-ever ETF on a traditional stock exchange. A crypto startup, Amun … Continue reading “Cryptocurrency ETF Approval: The First One Goes Live this Week”
US SEC Cracks Down on Two More Initial Coin Offerings (ICOs)
The SEC wrapped up settlements with two ICOs on Friday and published their orders. The ICOs were Airfox and Paragon. Together, they raised over $10 million from a few thousand investors. Following the settlement, they’ll both have to pay a penalty of $250,000 and refund investors’ money. They must also register as securities and report … Continue reading “US SEC Cracks Down on Two More Initial Coin Offerings (ICOs)”
Your Guide to U.S. Policy on Cryptocurrencies
As the demand and use of cryptocurrencies rise, so does the ability of various governments to regulate them. Therefore, every country has separate standards, implying that certain governments back cryptocurrencies, while others don’t. For instance, the US alone handles more than 26% of the Bitcoin volume, according to Cryptocompare. With such a high market cap … Continue reading “Your Guide to U.S. Policy on Cryptocurrencies”
US SEC to be Much Stricter with ICO Scams
The SEC’s Division of Enforcement just released its annual report. One of its top issues was keeping up with emerging technology - in particular, ICOs. The report provides useful data on the impact of ICO fraud and what’s being done to suppress it. ICO fraud comprised 12 out of 20 SEC cases of the fiscal … Continue reading “US SEC to be Much Stricter with ICO Scams”
US SEC to Review Nine Rejected Bitcoins ETFs Next Week
The US SEC has set November 5th as the deadline for reviewing all ETF applications. The commission indicated that the deadline date will give investors time to review their investments and comply with new rules. The proposed rules will change the trading methods of exchange traded funds and Bitcoin.Additionally, the review will affect 9 ETFs … Continue reading “US SEC to Review Nine Rejected Bitcoins ETFs Next Week”
Five Key Reasons a Bitcoin ETF May be Near
Exchange-Traded Funds (ETFs) have been one of the biggest question marks for cryptocurrency this year. The Securities Exchange Commission keeps investigating and deliberating. And they continue to turn down proposals. However, as we start waving goodbye to 2018, things may be looking up for a crypto ETF. Why does an ETF matter? For investors, an … Continue reading “Five Key Reasons a Bitcoin ETF May be Near”
SEC Commissioner Roisman Reviews Bitcoin ETFs
We may be closer to Bitcoin ETF approval. The US SEC just published a memorandum from its meeting with VanEck and SolidX regarding the proposed Bitcoin exchange-traded-fund (ETF). One Step Closer to ETF Approval? In a recent meeting with the US SEC, SolidX and VanEck emphasized the importance of investor protection and support for public … Continue reading “SEC Commissioner Roisman Reviews Bitcoin ETFs”
Blockvest ICO Sued for Fraud by US SEC
As explosive as cryptocurrency is, fraud is prevalent, which can often be found in initial coin offerings (ICOs). That’s why due diligence is essential. Without it, you could lose a lot of money. Because let’s face it – scam artists don’t care about you. US SEC Halts Planned Blockvest ICO In early October 2018, the US … Continue reading “Blockvest ICO Sued for Fraud by US SEC”