A recent statement from an NYU professor brought yet another troublesome aspect of US crypto regulation to the attention of the public. This time, it is a rivalry between different regulators, with all of them wishing to establish dominance. US Regulators Competing for Turf The US is under a lot of pressure when it comes…
As funding for ICOs drops amidst a regulatory crackdown by the US Securities and Exchange Commission, investors are turning to a new type of cryptocurrency investment vehicle in order to invest in projects: security tokens. ICO Fervor Wanes Following the surge in the ICO markets that occurred towards the end of 2017 and into 2018,…
The former CEO of a cryptocurrency company has been sentenced to prison time and ordered to pay $9 million in restitution due to his company’s role in a major Ponzi scheme that cost hundreds of investors millions of dollars. The hearing comes as the U.S. government and regulatory agencies step up their crackdown on cryptocurrency-related…