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SEC Settles Securities Registration Charges Against 2 ICO Startups

Two cryptocurrency startups have agreed to register their initial coin offering (ICO) tokens as securities after settling charges with the U.S. Securities and Exchange Commission. The SEC’s Friday announcement centered on two firms: CarrierEQ Inc., also known as Airfox, and Paragon Coin Inc., both of which conducted token sales last year. Airfox raised $15 million […]

Colorado Regulators Crack Down on Four More ICOs

Colorado regulators took action against four ICOs Thursday, bringing the state’s total number of cease-and-desist orders against crypto startups to 12. The state’s “ICO Task Force” rebuked Bitcoin Investments, Ltd, PinkDate, Prisma and Clear Shop Vision Ltd. Where the companies are based is unclear, a spokeswoman for Colorado’s Division of Securities told CoinDesk, though the unregistered securities they promoted […]

Trump Tariffs to Impact Chinese Mining Hardware Manufacturers

The escalating U.S. – China trade war threatens to have an adverse impact on the operations of Chinese mining equipment manufacturers, with imports of mining hardware now facing stateside tariffs of more than 25 percent, news.Bitcoin.com reported. Harsh Hardware Duties In June, the Office of the United States Trade Representative reclassified Bitmain’s Antminer S9 as […]

US Regulator Issues Cease and Desist Orders Against Three Crypto Promoters

North Dakota Securities Commissioner Karen Tyler has issued cease and desist orders against three firms for allegedly offering unregistered and fraudulent securities in the form of Initial Coin Offerings (ICOs), according to an announcement published Oct. 11. The companies at the center of the orders are Crystal Token, Advertiza Holdings (Pty) Ltd., and Life Cross Coin a/k/a […]

US Senators Seek Stronger Sanctions on Venezuela’s ‘Petro’ Cryptocurrency

A bipartisan group of U.S. senators is pushing for tighter sanctions against Venezuela’s state-backed cryptocurrency, known as the petro, the CoinDesk reported on October, 5, 2018. The bill, known as the Venezuela Humanitarian Relief, Reconstruction and Rule of Law Act of 2018, covers a range of areas related to Venezuela, including proposed humanitarian aid to […]

U.S. Lawmaker Introduces 3 Pro-Cryptocurrency Bills to Congress

On Friday, Sept. a U.S. member of Congress announced that he will introduce three new bills aimed at supporting the development of blockchain technologies, as well as the use of cryptocurrency, within the United States, the CCN reported. Rep. Emmer: U.S. Must Support Blockchain Development According to Rep. Tom Emmer (R-MN), the initiator of this bold move, […]