Financial services giant Morningstar valued the securities of U.S. restaurant chain Fatburger — the first Ethereum-based security ranked by the firm. Financial services giant Morningstar has valued the securities of U.S. restaurant chain Fatburger — the first Ethereum-based security ranked by the firm. Forbes reported on Mar. 8 that Fatburger‘s $40 million business securitization valued […]
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U.S. Congressman introduces Crypto-Currency Act of 2020, hoping to finally lay down the law as to which regulators handle which digital assets. A United States congressman is the latest working to clarify determine which U.S. regulator is responsible for which digital assets. On March 9, Representative Paul Gosar (R-AZ) introduced the “Crypto-Currency Act of 2020,” […]
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The Boston Security Token Exchange is still being criticized for attempting to introduce blockchain into existing capital markets, despite another filing amendment. The Boston Security Token Exchange (BSTX) is still looking to be approved by the United States Securities and Exchange Commission. The second amendment to its Oct. 11 filing, submitted on Feb. 19 and […]
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What would you choose: the good old-fashioned venture capital investment, or the brand new technology that is yet to prove its right for existence? In a world where blockchain technology is rapidly breaking barriers and disrupting industries one at a time, the emergence of new models to replace classical crowdfunding ventures is just a matter […]
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USDT remains the largest stablecoin by far and is listed on all the major exchanges and wallets. Sogani: “Any [court] decision will impact the industry directly.” The iFinex–Tether market manipulation lawsuit continues. Last week, Judge Katherine Failla of the Southern District of New York selected Roche Cyrulnik Freedman as interim lead plaintiff counsel, and four […]
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Investment firm executives battle it out over Bitcoin on CNBC, debating when the SEC might approve a Bitcoin ETF, stablecoins, and whether there is a need for Bitcoin at all. Several investment firm executives have debated the likelihood of the U.S. Securities and Exchange Commission (SEC) licensing a U.S.-based Bitcoin (BTC) exchange-traded fund (ETF) during […]
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Central banks’ growing interest in DLT reveals concerns in the traditional financial sector as the gap between the two narrows Despite the interest shown in decentralized ledger technology by central banks, cryptocurrencies continue to be mistrusted by the traditional financial system. This has been made apparent from comments by Andrew Bailey, the upcoming governor of […]
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A California judge has ruled startup ICOBox must pay $16 million after the firm failed to acknowledge initial legal action from the SEC. The U.S. Securities and Exchange Commission, or SEC, has ordered that ICO broker ICOBox must pay $16 million after the startup failed to act on previous legal action from the commission. U.S. […]
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Crypto Valley Association president Daniel Haudenschild said that central bank digital currencies are “the next logical stage.” In an exclusive interview with Cointelegraph, Crypto Valley Association President Daniel Haudenschild said that central bank digital currencies are “the next logical stage.” Haudenschild explained to Cointelegraph that he believes CBDCs are the next stage “in evolution for […]
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A French commerce court treated Bitcoin as currency during a recent trial between two cryptocurrency firms. A French commerce court has classified Bitcoin (BTC) as currency during a recent trial. Local news outlet Les Echos reported on March 5 that the Commercial Court of Nanterre decided on Feb. 26 to qualify Bitcoin as a fungible […]
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