The United States SEC has settled with a New England-based firm for an allegedly unregistered $6.3 million initial coin offering. A New England-based firm has settled with the United States Securities and Exchange Commission (SEC) over an allegedly unregistered $6.3 million initial coin offering (ICO). According to an SEC announcement published on Aug. 12, SimplyVital […]
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Cryptocurrency holders that will not reply are subject to account examination by the United States Internal Revenue Service. Last month, the United States Internal Revenue Service (IRS) sent approximately 10,000 letters to cryptocurrency holders regarding their crypto holdings. The IRS has begun sending letters to taxpayers with digital currency transactions that potentially failed to report […]
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The veteran trader openly calls XRP a scam as Ripple lawsuit edges closer to unregistered securities verdict. Ripple is coming under fire from a serial Bitcoin (BTC) proponent this week after news emerged a lawsuit against the company has intensified. Ripple will feel U.S. regulators’ wrath, says Vays Ripple, which notionally controls the token known […]
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After 1.5 years of investigation, Coinbase is found guilty not of fraud but of negligence. But the case is not completely over just yet… Cryptocurrency exchange Coinbase, launched in 2012, is considered to be one of the largest exchanges operating in the United States — and the most trusted. However, an alleged wrongdoing back in […]
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The United Kingdom’s Advertising Standards Authority (ASA) has upheld a complaint against a Bitcoin advertisement from top crypto derivatives exchange BitMEX. The United Kingdom’s Advertising Standards Authority (ASA) has upheld its complaint against a Bitcoin advertisement from top crypto derivatives exchange BitMEX. According to an ASA announcement dated Aug. 14, the watchdog has taken issue […]
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Higher prices on LocalBitcoins coincide with political uncertainty in a move copied in Argentina. Bitcoin (BTC) has begun trading at a premium in Hong Kong as continued political uncertainty produces a widely-reported spike in demand. Copycat moves underline fiat distrust Data from P2P Bitcoin exchange LocalBitcoins showed traders paying around $300 more per coin than […]
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Insiders at London-based banking giant Barclays have said that the bank is putting an end to its work with crypto exchange Coinbase, which will complicate. Disclaimer: this story is breaking and will be subject to updates. British banking giant Barclays has reportedly cut ties with United States crypto exchange Coinbase. As Coindesk reported on August […]
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BTC exchange Bitex has partnered with Uruguay-based financial software company Bantotal to expand its cross-border payments offerings in Latin America. Bitcoin (BTC) exchange Bitex has partnered with Uruguay-based financial software company Bantotal in order to expand it cross-border payments system on the Bitcoin blockchain to Latin America. CoinDesk announced the companies’ new partnership in a […]
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The crypto market is in the red as BTC see week-long descent and XRP may be facing legal troubles with a newly-amended class action suit. Tuesday, Aug. 13 — Bitcoin (BTC), Ether (ETH) and XRP continue to bleed amid a crypto market turning red. Market visualization. Source: Coin360 Bitcoin is trading at $11,005 at press […]
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After about a year without traction, a class action suit against Ripple has opted to cite SEC guidelines in arguing that XRP is a security. XRP investor Bradley Sostack has amended a class action suit against Ripple, in which he alleges that the company misled investors and proceeded to sell XRP as an unregistered security, […]
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