US Holding Firm Halted Mining Business After Bitcoin Crashed Below $4K

Diversified holding company DPW Holdings suspends its crypto mining business Digital Farms about 2 months before Bitcoin halving. Although the cryptocurrency markets have slightly recovered following massive sell-offs in mid-March, Bitcoin’s (BTC) faltering price has led to notable miner instability and closures. Soon after Bitcoin dropped below the $4,000 threshold on March 13, DPW Holdings, […]

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Lawsuit Accuses Ripple CEO of Touting XRP While Silently Liquidating Holdings

An amended class-action lawsuit accuses Ripple’s CEO of representing himself as bullish on XRP online while simultaneously liquidating his personal holdings. There is new movement in a class-action lawsuit originally filed in May 2018, centered around allegations that Ripple violated the Securities Act through a 2013 initial coin offering (ICO) of the XRP token.  On […]

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WFE Brass Weighs in on Crypto Securities Classification Debate

The WFE’s Head of Regulatory affairs provides further clarity on what makes crypto a commodity versus a security. Are cryptocurrencies securities or commodities? The World Federation of Exchanges, or WFE, released a document talking cryptocurrency terminology and regulation last week. In conversation with Cointelegraph, WFE Head of Regulatory Affairs, Richard Metcalfe, has added further clarity […]

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Manitoba Regulator and Police Warn of Increase in Bitcoin Scams

Manitobans are increasingly falling victim to a variety of cryptocurrency scams. The Manitoba Securities Commission (MSC) has issued a public warning against cryptocurrency scams after reports of fraud involving two European firms. On March 20, the Manitoba securities watchdog published an investor alert regarding Jbcapitals and Halifax & Associated for defrauding a rural Manitoban of […]

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IOSCO Board Unveils Report Detailing Stablecoins and Securities Regulations

The IOSCO board has released a report on stablecoin guidelines as they pertain to global regulations. The board of the International Organization of Commissions, or IOSCO, recently unveiled a write-up on stablecoins as they may overlap with current market regulations, including securities laws.   Listing several other reports and touchpoints, the IOSCO board pointed toward stablecoin […]

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