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Category Archive: cryptocurrency news

Class Action Lawsuit Filed Against Bitfinex and Tether for Fueling “Largest Bubble in Human History”

Bitfinex and Tether, already embroiled in a case with the New York Attorney General, were hit by a […]

October 7, 2019 cryptocurrency news, regulation

Weekly Recap: Libra Loses PayPal, SEC’s Curious Settlements, and Coinbase Creates Market for Binance

Much of the news last week was dominated by regulatory developments as the cryptoasset ecosystem moved from chaos […]

October 6, 2019 cryptocurrency news

Randal Quarles, FSB Chair, Says Stablecoins May Pose Regulatory Challenges

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Randal Quarles, Chairperson of the Financial Stability Board (FSB) has warned that stablecoins “may pose regulatory challenges” to […]

October 5, 2019 cryptocurrency news

Money Creation is at the Heart of a Government’s Mission: Apple CEO Tim Cook on Crypto

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Tech behemoth Apple will not be creating its own cryptocurrency. In an interview with French finance daily Les […]

October 4, 2019 cryptocurrency news

Paypal Withdraws from Facebook’s Libra Association as Congress Puts Pressure on Zuckerberg to Testify

Online payments platform Paypal has withdrawn from the Libra Association, the governing body for Facebook’s cryptocurrency and blockchain […]

October 4, 2019 cryptocurrency news

What Does Facebook CEO Mark Zuckerberg Think of Libra?

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Call it the maturing of a teenager. Facebook, a 15-year-old company known to “move fast, break things”, is […]

October 2, 2019 cryptocurrency news

Facebook’s Libra Partners Have Second Thoughts on Joining the Venture

Will they or won’t they? Some partners in Facebook’s cryptocurrency and blockchain Libra are having second thoughts about […]

October 2, 2019 cryptocurrency news

SEC Settles with Nebulous over its 2014 Offering

The SEC has settled with another coin for an unregistered securities offering. Nebulous, a Boston-based company behind the […]

October 1, 2019 cryptocurrency news, regulation

Federal Court Orders Longfin, Whose Stock Price Soared During Crypto Mania, to Pay $6.8 Million Penalty for Fraudulent Offering

Longfin Corp., a company that generated news cycles at the height of crypto mania in 2017, has been […]

October 1, 2019 cryptocurrency news, regulation

The World’s Biggest ICO Settles with the SEC for Securities Violation

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Block.One, which conducted the world’s biggest initial coin offering (ICO) last year, has agreed to settle with the […]

October 1, 2019 cryptocurrency news, regulation

Coinbase and Others Want to Rate Cryptoassets But Their System has Several Problems

To reassure regulators about the legal status of assets listed on their platforms, leading crypto firms and exchanges […]

September 30, 2019 cryptocurrency news, regulation

Weekly Crypto Recap: Bakkt Launch, Harbor’s License, and Dinwiddie’s Contracts

The crypto wild west may not be wild for much longer. Bakkt, a futures trading platform backed by […]

September 29, 2019 cryptocurrency news

Harbor Subsidiary is Awarded Broker-Dealer License

A subsidiary of securities platform Harbor has been granted a broker-dealer license by FINRA. According to online publication […]

September 28, 2019 cryptocurrency news, regulation

Venezuela’s Petroleum Giant is Reportedly Urging its Central Bank to Include Bitcoin and Ether as Foreign Reserves

Bitcoin as a reserve currency is the dream of many crypto enthusiasts. Venezuela may turn that dream into […]

September 28, 2019 cryptocurrency news

Brooklyn Nets Player Dinwiddie’s Plans to Tokenize Contract Runs Afoul of NBA Terms

Basketball player Spencer Dinwiddie’s plans to tokenize part of his contract may be in trouble. The National Basketball […]

September 28, 2019 cryptocurrency news

NBA Player Dinwiddie To Raise $13.5 Million by Tokenizing his Contract

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NBA player Spencer Dinwiddie has revealed details of his security token offering. The Brooklyn Nets point guard had […]

September 27, 2019 cryptocurrency news

Libra Sounds Like a Security: SEC Chairman Jay Clayton

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In a Congressional testimony to the House Financial Services Committee yesterday, SEC chairman Jay Clayton indicated that Facebook’s […]

September 25, 2019 cryptocurrency news, regulation

Volatility Returns to Crypto Markets; Bitcoin Price Crashes by 9 percent in 30 Minutes

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And you thought volatility in crypto prices was a thing of the past. In the space of a […]

September 25, 2019 crypto prices, cryptocurrency news

New York Crypto Business Files Lawsuit Calling for Abolition of BitLicense

New York’s BitLicense regulation has already drawn the ire of crypto advocacy groups and startups since it was […]

September 24, 2019 cryptocurrency news, regulation

Messaging App Kik Becomes SEC Casualty, Shuts Down Operations

Messaging app Kik, already embroiled in a contentious court battle with the SEC over the 2017 initial coin […]

September 24, 2019 cryptocurrency news

Facebook Presses on With Libra Plans: Reveals Libra Reserves Composition and Acquires Chatbot

Facebook has revealed the exact composition of reserves for Libra, its cryptocurrency, in response to a German politician’s […]

September 23, 2019 cryptocurrency news

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