Hong Kong-based Bitcoin spot and derivatives exchange Atom Group has launched amid a tightening of the region’s crypto-regulatory regime. Hong Kong-based Bitcoin (BTC) spot and derivatives exchange Atom Group has launched amid a tightening of the region’s crypto-regulatory regime. As the South China Morning Post (SCMP) reported on Nov. 7, the Atom Asset Exchange (AAX) […]
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New documentation shows 2019 is still negative overall for the Bitcoin mining company, which beat competitors to the IPO crown. Bitcoin (BTC) mining giant Canaan Creative has seen almost $100 million in revenue this year but remains over $30 million in the red. According to an amendment form submitted on Nov. 5 as part of […]
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U.S. regulators seek to curb binary options scams as they are entering the crypto sphere and becoming more clever. Mainstream finance and cryptocurrency are becoming more closely intertwined with each passing day. Just over a year ago, the idea of centralized financial behemoths trialing blockchain or crypto solutions would have been unthinkable. Currently, cryptocurrency is […]
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The United States Securities and Exchange Commission suspended trading in the securities of 271 issuers this year, including some digital assets. The United States Securities and Exchange Commission (SEC) suspended securities trading of 271 issuers this year, including some digital assets. The SEC released its annual report for the fiscal year of 2019 on Nov. […]
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Hong Kong’s financial watchdog announced it will unveil regulations for cryptocurrency exchanges and application requirements today. Hong Kong’s financial regulator — the Securities and Futures Commission (SFC) — will publish a new set of regulations for Bitcoin (BTC) and cryptocurrency exchanges today. The news, reported by Reuters on Nov. 6, was announced by Chief Executive […]
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The U.S. SEC has set an extremely high bar for BTC ETF applicants, but new proposals keep coming. What will it take for one to be accepted? October has been a busy month in the race to register the first crypto exchange-traded fund compliant with the requirements of United States regulators. Following the Chicago Board […]
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International securities regulator IOSCO suggested that some stablecoin implementations are securities based on how they are structured. International securities regulator International Organization of Securities Commission (IOSCO) suggested that some stablecoin implementations are securities. In a statement released on Nov. 4, IOSCO informed the public that on Oct. 30 its board met to — among other […]
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One year after launching a trailblazing licensing scheme for cryptocurrency fund managers, Hong Kong’s securities regulator has issued few and far between. One year after launching a trailblazing licensing scheme for cryptocurrency fund managers, Hong Kong’s securities regulator has issued few and far between. According to a Reuters report on Nov. 5, the licenses introduced […]
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Regulators in the Canadian province of British Columbia have shut down the Einstein cryptocurrency exchange, which reportedly owes $16 million to clients. Regulators in the Canadian province of British Columbia have shut down the Vancouver-based Einstein cryptocurrency exchange. In a press release on Nov. 4, the British Columbia Securities Commission (BCSC) reported that it had […]
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A U.S. court has ordered defendants in a fraud case to pay over $4 million in penalties for running a scheme with the “worthless” ATM Coin. A New York court has ordered defendants to pay $4.25 million in penalties for investment fraud involving the cryptocurrency ATM Coin. Case first brought by the CFTC in April […]
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