Israeli Regulator: Utility Tokens Shouldn’t Be Deemed Securities

17 hours ago admin2 0
The Israel Securities Authority is recommending lenient regulations for initial coin offerings, including a clear definition of what separates a so-called “utility token” from a security. In a report released last week, the regulator even proposed a temporary sandbox, where regulators would allow entrepreneurs to experiment under supervision as the cryptocurrency market evolves. According to Read More

US Regulatory Climate Continues to Be Hazy for ICOs

17 hours ago admin2 0
Advertisement Join our community of 10 000 traders on for just $39 per month. The US Congress continues to pass business-friendly legislation, but many in the cryptoasset space complain that ambiguities in federal securities laws will prevent initial coin offering issuers (ICOs) from taking advantage of them. Last week, the House of Representatives passed Read More

Olympic Gold Medalist Apolo Ohno Has a Problem With Crypto

18 hours ago admin2 0
It’s time to grow up. At least that’s the message Apolo Ohno, eight-time U.S. Olympic medalist and the founder of a new cryptocurrency exchange called Hybrid Block, has for the industry. While the speed skating champion is so confident he sees cryptocurrency as a “long-term play,” he believes the state of global exchange ecosystem he’s Read More

Chinese Stock Exchange Probes Firm’s Blockchain Claim Amid Stock Rally

2 days ago admin2 0
The Shenzhen Stock Exchange (SZSE), one of the two government-led stock exchanges in China, is probing a public company’s claimed links to a blockchain project that appeared to drive a rally in its stock price. In an letter sent Monday to IT services firm Enjoyor, the bourse raised concerns over an article published via the company’s WeChat Read More

G20 Watchdog Says Cryptos Not a Risk, Resists Calls for New Rules

2 days ago admin2 0
Economy & Regulation The Financial Stability Board, G20’s global watchdog, does not consider cryptocurrencies a risk to financial stability. In a letter to the Group of 20 central bankers and finance ministers, its Chair Mark Carney said FSB was pivoting away from designing new policies and focusing on reviewing existing rules. His comments suggest there Read More

$75 Million: Reg A+ Cap Expansion Could See More ICOs File in the US

2 days ago admin2 0
Advertisement Join our community of 10 000 traders on for just $39 per month. We’ve written in the past about the various methods companies in the United States can go about raising money via an ICO/token offering.  One of the main methods we mentioned was the use of Regulation A+, something traditionally utilized by smaller Read More

Crypto Market Prices Continue to Fall Amid Increasing Regulatory Pressure

2 days ago admin2 0
Crypto market prices saw a sharp downward trend during trading Thursday following the news that Google is to ban advertising related to the sector and amid increasing regulatory pressure to monitor the market. The total market capitalisation for the cryptocurrency industry fell to $309 billion early on Thursday, dropping from just under $400 billion on Read More

South Korea: Crypto Exchanges Probed Over Alleged Embezzlement

3 days ago admin2 0
Image: Physical version of Bitcoin (new virtual money) and South Korea Flag, by Lukasz Stefanski, Seoul prosecutors carried out a three-day raid to the offices of three cryptocurrency exchanges on suspicious that their personnel had embezzled customer funds. According to a report by Digital Chosun, the prosecutors suspect that executives and staff withdrew money Read More

US Trade Regulator Shuts Down Crypto Investment Scheme Promoters

3 days ago admin2 0
A U.S. district court in Florida has issued a temporary restraining order against four individuals accused of operating a string of cryptocurrency investment schemes following a request from the Federal Trade Commission. The agency announced Friday that three of the four defendants – Thomas Dluca, Louis Gatto, and Eric Pinkston – were involved in two referral Read More

Singapore Central Bank Eyes Blockchain Potential in Cross-Border Remittance

5 days ago admin2 0
The Monetary Authority of Singapore (MAS), the city-state’s de facto central bank, is looking to adopt blockchain technology in conducting cross-border remittances. During a speech on Thursday at a financial industry event, MAS managing director Ravi Menon doubled down on his belief that one of the “strongest” use cases for crypto tokens is to facilitate cross-border settlements. Read More