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Ex-CEO of Crypto Company Sentenced to Prison for Fraud, Fined $9 Million

The former CEO of a cryptocurrency company has been sentenced to prison time and ordered to pay $9 million in restitution due to his company’s role in a major Ponzi scheme that cost hundreds of investors millions of dollars. The hearing comes…
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ICO Funding Reaches 2018 Low, Levels Not Seen Since April 2017

A new research report from a leading independent fintech research firm says that funding for initial coin offerings (ICOs) has reached a 2018 low – levels not seen since April 2017. ICOs: From Business Boom to Burgeoning Bust ICOs were positioned…
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Australian Regulator Hints at Increased Crypto Exchange and ICO Scrutiny

Australian regulator the Australian Securities and Investments Commission (ASIC) has revealed plans to increase scrutiny of cryptocurrency exchanges and Initial Coin Offerings (ICO) in its ‘Corporate Plan’ published this week. ASIC, which…
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Belgian Think Tank Calls for Crypto Exchange and ICO Regulations at EU Level

A report from a Belgian think tank that will reportedly be distributed to European Union (E.U.) ministers calls for unified legislation on cryptocurrencies and more scrutiny on how they are distributed to investors, Reuters reported September…
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An Ethereum ICO Investor is Moving Millions in ETH to Bitfinex

One of the first “ethereum whales” appears to be having second thoughts about the second-largest cryptocurrency’s prospects. One of Ethereum’s First Whales is Funneling Millions to Bitfinex That anonymous investor, who received more…
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Japan Has No Plans to Curb Crypto, Seeks Further Growth

Japan’s positive stance on cryptocurrencies just got reaffirmed. “We have no intention to curb (the crypto industry) excessively,” said Toshihide Endo, the commissioner of Financial Services Agency (FSA), Japan’s top financial regulator. No…
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SIX Group Executive Questions Launch of Crypto Trading, Expresses ICO Optimism Instead

Thomas Zeeb, CEO of securities services at Switzerland’s top stock exchange SIX, revealed that the firm is unlikely to launch crypto trading, Business Insider reported August 17. According to Zeeb, cryptocurrencies are really “not a priority”…
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Ethereum Tumbles 17%, Investors Blame It On An ICO Sell-Off

In today’s crypto market drop-off, a majority of cryptocurrencies posted horrendous losses, including Ethereum, which fell further than many of its altcoin brethren. This came to the surprise of many, as Ethereum is normally a force…
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Fifty ICO Projects Already Seeking Licenses from Thai SEC

Around 50 prospective initial coin offerings have displayed interest in securing a licence from Thailand’s Securities and Exchange Commission. The news follows an approval of the licensing of digital currency businesses, which took effect…
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Philippines Securities Regulator Issues Draft of ICO Rules, Requests Feedback From Public

The Philippines Securities and Exchange Commission (SEC) has published a set of draft rules for regulating Initial Coin Offerings (ICOs) for public review, according to an official statement August 2. In the SEC’s Memorandum Circular, the…