The biggest thing on the launch pad this year is the Bakkt crypto exchange which is currently in a holding pattern while US government employees twiddle their thumbs during Trump’s shutdown. Several other contenders are hopeful about Ethereum futures but according to one crypto exchange boss they are unlikely to be seen soon. Regulatory Concerns…
If things were not bad enough in crypto land the US government are adding to its woes. The longest shutdown in history is taking its toll on the economy, innovation and the crypto industry. The Waiting Game Continues Regulators are no friends of those in the blockchain and crypto industries but they have come to…
This year the Boxing Day sales seem to have started a day early for anyone hoping to get exposure to the number one digital asset at a discounted rate. The Bitcoin price and those of other cryptos have been dropping hard since the clock struck midnight last night and this trend has continued since. At…
After a stretcher, coin hodlers are finding reprieve. BTC/USD is up $350 in the last day but could edge higher now that Wall Street companies are forming a self regulatory group—ADAM with the aim of “cleaning” the crypto image. At the same time, NASDAQ plan to launch its first Bitcoin Futures by Q1 2019 should…
The U.S. Securities and Exchange Commission (SEC) has settled charges against two cryptocurrency companies which were accused of violating ICO securities offering registration rules. Both firms, Carrier EQ (Airfox) and Paragon Coin sold digital tokens in ICOs in 2017 after the regulator’s official stance on the ICO. Some crypto fundraisers can be considered securities offerings, according to…
The U.S. Securities and Exchange Commission (SEC) has officially charged Zachary Coburn, the founder of cryptocurrency exchange EtherDelta, for operating an unregistered securities exchange. The regulatory agency’s move to charge Coburn comes amidst a greater trend of increasing regulation over the cryptocurrency industry. In a press release today, the SEC announced that the charges against Coburn are…
Marshall Islands-based 1Broker has been in a flurry as of late, as the crypto-focused investment services provider came under heavy fire from the top guns of the free world, American regulators and their closest compatriots. 1Broker Sees Court Case Develop, Positive Signs As reported by NewsBTC on September 28th, 1Broker, a foreign crypto startup, was unexpectedly…
One of the most pertinent issues facing the cryptosphere today is regulation, as members of prominent governmental agencies, like the Commodities Futures Trading Commission (CFTC) and Securities and Exchange Commission (SEC), have yet to come to a unanimous opinion on how this nascent space should be regulated and managed. However, a leading member of the CFTC intends…
A group of major players in the crypto and blockchain industry have joined forces to pay D.C. lobbyists to ensure that US lawmakers pass legislation that is friendly to the crypto and blockchain industry. The group of fintech firms that are joining forces will be paying the lobbyists partially in crypto, and includes Ripple among…
A federal judge stated yesterday that digital currencies should be viewed in a legal capacity as commodities. This will continue to give the U.S.’s CFTC the right to police accusations of fraud in the cryptocurrency space. Bitcoin’s Futures Contracts Make All Virtual Currencies Commodities in the US The decision was made on Wednesday in a…