SEC Halts Telegram’s $1.7 Billion ‘Unlawful’ Token Issuance
The U.S. Securities and Exchange Commission (SEC) secured an emergency restraining order against the Telegram Group and its subsidiary TON Issuer for their $1.7 billion token sale.
Identity Thief Spends $5 Million on Cloud Computing to Mine Cryptocurrency
Singaporean citizen Ho Jun Jia, 29, also known as Matthew Ho, was indicted for stealing over $5 million worth of cloud computing services to mine cryptocurrencies, according to a grand jury indictment from the U.S. District Court in Seattle, Washington.
SEC, CFTC, FinCEN Warn Crypto Industry to Follow US Banking Laws
The heads of three U.S. financial regulators warned the cryptocurrency industry to abide by banking laws in a joint statement published Friday.
CFTC Chairman Confirms Ether Cryptocurrency Is a Commodity
CFTC Chairman Heath Tarbert has said ether, the world’s second-largest cryptocurrency by market capitalization, is a commodity.
The IRS Just Issued Its First Cryptocurrency Tax Guidance in 5 Years
The U.S. Internal Revenue Service (IRS) has published its first guidance in five years for calculating taxes owed on cryptocurrency holdings.
What It’s Like Being CIO of a Crypto Fund
After 365 days of running a crypto fund, one thing is certain: it’s exhausting. And yet, at the same time, I’m more energized than ever.
Blockchain Monthly Update: October
Support and investment in the blockchain community has always been a vital pillar of Blockchain’s mission.
‘Gold-Backed’ Crypto Token’s Promoter Investigated by Florida Regulators
Florida regulators are investigating Karatbars, a German company that’s been promoting a token tied to a Miami “crypto bank” without any banking license in the state.
Ripple’s new XRP developer platform lets third parties build new products
Ripple is helping third-party coders by making iteasier for them to send/receive payments via its new Xpring Developer Platform,which the company has dubbed it as the ‘open developer platform for money’.
Libra Labeled a ‘Monetary Threat’ By Senior US Bank Executives
Libra, the underfire planned cryptocurrency from Facebook (NASDAQ:FB), has been described as a monetary threat by senior US bank executives in a meeting with the Federal Reserve.