Tag Archives: ICO’s

SEC Suspends Trading for 3 Companies Claiming Crypto Connection

SEC Suspends Trading for 3 Companies Claiming Crypto Connection

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 […]

Spain Planning to Lure Blockchain Companies With Favourable Tax Legislation

Spain Planning to Lure Blockchain Companies With Favourable Tax Legislation

Spain looks like the latest nation to be warming up to the opportunities created by the ever-expanding blockchain industry. According to reports by Bloomberg, Prime Minister Mariano Rajoy’s People’s Party is in the process of drafting legislation governing the space. This could include tax breaks for companies and individual cryptocurrency investors, as well as a regulated […]

CFTC Joins SEC In Warning Against Crypto Pump-and-Dumps

CFTC Joins SEC In Warning Against Crypto Pump-and-Dumps

The Commodity Futures Trading Commission (CFTC) on Thursday issued a warning about cryptocurrency pump-and-dump schemes. The release, published Thursday, marks the latest investor warning from the U.S. commodities and derivatives regulator. Earlier this month, the agency put out an advisory that urged caution around investing in cryptocurrency retirement accounts. Other regulators, namely the Securities and Exchange […]

Abu Dhabi: Financial Services Authority Is Working On Cryptocurrency and ICO Regulations

Abu Dhabi: Financial Services Authority Is Working On Cryptocurrency and ICO Regulations

The Financial Services Regulatory Authority (FSRA) of the Abu Dhabi Global Market (ADGM) is preparing a set of regulations for cryptocurrencies, Initial Coins Offerings (ICOs) and cryptocurrency exchanges, according to an official announcement published Sunday, Feb. 11. While developing the regulations, FSRA intends to cooperate with relevant qualified institutions and individuals involved in the cryptocurrency industry, according to the announcement. The […]

Regulators Pressuring Google To Follow Facebook In Banning Ads Related To Binary Options, ICOs, And Cryptocurrencies

Regulators Pressuring Google To Follow Facebook In Banning Ads Related To Binary Options, ICOs, And Cryptocurrencies

Following Facebook’s announcement last week that it was banning all advertising for binary options, cryptocurrencies, and initial coin offerings (ICOs), a Canadian regulator has called on Google to do the same. On January 30th, Facebook announced it was banning all advertising for binary options, cryptocurrencies, and ICOs following pressure from the FBI and Canadian securities regulators, as […]

Bitcoin’s 2 Month Low – Sign of the Time

Bitcoin’s 2 Month Low – Sign of the Time

2018 has been particularly cumbersome for the cryptocurrency markets, as Bitcoin and its altcoin brethren have endured a bashing. The preeminent cryptocurrency has hit a two month low sitting around $8,800 according to Coinmarketcap data at the time of writing. There are a plethora of reasons why the market has been trampled in the first month of the new […]

Russia’s Largest State Bank To Open Cryptocurrency Exchange In Europe

Russia’s Largest State Bank To Open Cryptocurrency Exchange In Europe

Sberbank, the largest state bank of Russia, is planning to launch a cryptocurrency exchange in its Swiss branch, Sberbank Switzerland AG, local media group RBC reported on Tuesday Jan. 30. The bank’s Head of Global Markets Andrey Shemetov told RBC that the Russian bank chose Switzerland for the exchange location because Russian authorities do not currently allow cryptocurrency operations, while cryptocurrency […]

Facebook Bans Cryptocurrency, ICO Ads Because Of ‘Deceptive Promotional Practices’

Facebook Bans Cryptocurrency, ICO Ads Because Of ‘Deceptive Promotional Practices’

Facebook has updated its advertising policy, announcing in a blog post Tuesday, Jan. 30 that it prohibits ads that use “misleading or deceptive promotional practices,” which, according to the social media platform, includes ads of cryptocurrencies and Initial Coin Offerings (ICOs). The announcement claims that there are “many companies” that use Facebook’s platform to advertise financial products, such as binary options, cryptocurrencies […]

Hong Kong Seeks to Educate the Public on Cryptocurrency and ICOs

Hong Kong Seeks to Educate the Public on Cryptocurrency and ICOs

Hong Kong authorities have launched a campaign to educate the public on the risks associated with ICO and cryptocurrency investment. Kicking off yesterday, the campaign started on Jan. 29 and was launched by the government’s Financial Services and the Treasury Bureau (FSTB) and the Investor Education Centre (IEC), a subsidiary of the Securities and Futures Commission (SFC). Aiming […]