Britain’s Financial Conduct Authority (FCA) has prohibited the sale of digital currency derivatives to retail investors, according to a Tuesday (Oct. 6) press release. The watchdog said it released “final rules” prohibiting derivatives and exchange traded notes (ETNs) from being sold that reference particular versions...
The U.S. Securities and Exchange Commission (SEC) charged John McAfee for allegedly touting investments in initial coin offerings (ICOs) to Twitter followers without saying that he received payment for doing so, according to a press release. The computer coder and businessperson’s bodyguard, Jimmy Watson Jr.,...
After 180 days of volatility, bitcoin dropped to its lowest mark since November 2018, according to CoinDesk. The cryptocurrency reached a 23-month low of 0.028 on Sunday (Oct. 4), though the market was mostly unfazed by the tumultuous current events of recent days. Though bitcoin...
BitMEX’s founders and its first employee were charged with contravening the Bank Secrecy Act and conspiring to violate the act, according to a Thursday (Oct. 1) press release from the U.S. Department of Justice (DOJ). The DOJ said BitMEX long handled and sought business from...
The U.S. Securities and Exchange Commission (SEC) claims that a Florida digital currency trader purportedly bilked customers out of $6.8 million, CoinDesk reported. The agency claimed that the defendant scammed investors between January 2018 and January 2019 as he purported to never finish a trading...
People provided access to the online technology of Estonia via an eResidency program are reportedly being connected to digital currency schemes in other countries, Bloomberg reported. In a report, the Financial Intelligence Unit said that firms registered in other nations and led by eResidents have...
Closing at $10,793 on Sunday (Sept. 27), bitcoin set a record with 63 straight days of closing above $10,000, according to CoinDesk. The cryptocurrency’s previous record was between Dec. 1, 2017, and Jan. 31, 2018, in which the coin was valued at above $10,000 for...
Russian telecom regulator Roskomnadzor looks to be targeting Binance, the world’s largest cryptocurrency exchange, as a platform “disseminating prohibited information,” according to Cointelegraph. The regulator said Binance had been put on a list due to distributing data related to the acquisition of digital coins like...
The Digital Commodity Exchange Act of 2020, which was proposed by a U.S. representative Thursday (Sept. 24), could put digital currency exchanges under one national structure, CoinDesk reported. U.S. Representative Michael Conaway of Texas, who is the House Committee on Agriculture’s ranking member, put forward...
