SEC Charges ICO With Selling Unregistered Securities After Startup Self-Reports

The U.S. Securities and Exchange Commission has charged crypto firm Gladius Network with selling unregistered securities after the company self-reported. The United States Securities and Exchange Commission (SEC) has charged crypto firm Gladius Network with selling unregistered securities after the company self-reported to the commission, an SEC press release reveals on Feb. 20. Gladius reportedly […]

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Japan’s Second-Largest Securities Brokerage Daiwa Completes Blockchain Pilot

The major Japanese investment bank has published the results of a pilot project, aimed at implementing blockchain tech for securities post-trade processing. Daiwa Securities Group, Japan’s second largest securities brokerage, has announced the completion of a blockchain proof-of-concept (PoC) in a press release shared with Cointelegraph on Feb. 19. The PoC implemented blockchain in the […]

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Cyprus Securities Regulator Calls for Adoption of EU Anti-Money Laundering Framework

Cyprus’ securities regulator is calling for the transposition of an extended version of the European Union’s Fifth Anti-Money Laundering Directive into national law. The Cyprus Securities and Exchange Commission (CySEC) is calling for the transposition of the European Union (EU)’s Fifth Anti-Money Laundering (AML) Directive (AMLD5) into national law — bringing local regulation of cryptocurrencies […]

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FBI Outline Key Features of Scam ICOs, Warns Investors to Be Vigilant

The FBI has outlined what it believes to be the consistent threads running through fraudulent initial coin offerings. The United States Federal Bureau of Investigation (FBI) has outlined what it believes to be the consistent threads running through fraudulent initial coin offering (ICO) schemes. The Bureau’s perspective was shared in an interview with Netherlands-based financial […]

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