The new exchange is promised to drive the growth of security token market by changing the trade of virtual tokens issued via Initial Coin Offerings.
The People’s Bank of China recently announced its decision to introduce a complete ban on ICOs, a stunning move that sent shockwaves throughout the world. The global blockchain is abuzz, parsing this decision and its potential consequences.
The weekend brought some unsettling news that shook global ICO markets.
Investors should be aware, that ICOs may serve as a breeding ground for frauds including market manipulation and “pump-and-dump” schemes.
ICOs become equal to the traditional securities sales in terms of federal securities laws’ requirements causing a ripple throughout the blockchain community.
The Securities and Exchange Commission has published a report reminding investors the necessity to register offers and sales of distributed ledger or blockchain technology-based securities.
Bitcoin exchange-traded funds are unlikely to be introduced to the stock market in the near future, as the SEC denies bitcoin ETF for the second time in a month.
The analysts underlined that there is no particular reason for the SEC disapproval, it is just a mixture of fear, uncertainty and doubt that can make the approval process difficult.
Online retailer started selling company shares via its trading platform, thus becoming the first publicly traded company to issue securities on the blockchain.
If Overstock.com fulfils the public offering it plans, its shareholders will get an opportunity to buy blockchain or traditional stock.
On Friday, the U.S. Securities and Exchange Commission (SEC) filed a lawsuit against Carlos Garza for not giving testimony in the investigation of GAW Miners operations.
Bitcoin’s Bernie Madoff equivalent Trendon Shavers, the owner of Bitcoin Savings and Trust company, was arrested on wire fraud and securities fraud charges in Texas and the SEC are not likely to let him off with just a slap on the wrist.
Bitcoin’s biggest companies face possible legal and cashflow hurdles despite big VC injection as new innovations continue to disrupt BTC’s monopoly.