The U.S. Securities and Exchange Commission has reached a $9.5 million settlement with Reggie Middleton, organizer of the fraught Veritaseum initial coin offering.
Crypto Hedge Fund Ember Seeks $1 Million in SEC-Registered Equity Sale
Ember Fund, makers of an AI-managed cryptocurrency portfolio app, is seeking to raise up to $1 million through an SEC-registered securities sale.
Harbor Now Has Both Broker-Dealer and Transfer Agent Licenses in the US
Security token startup Harbor has been granted a transfer agent license by the SEC, a month after getting the green light from the CFTC.
Huobi Cloud to Offer White-Label Exchange Services in Middle East, Africa
Huobi Cloud has announced its plan to provide local financial institutions with white-label exchange services in the Middle East and Africa.
Pre-Brexit, Koine Wins E-Money License from UK’s FCA, Now Seeking Luxembourg, UAE, U.S. Permissions
Digital asset custodian Koine secured an e-money license from U.K. regulators, while it now looks abroad to prepare for a future Brexit.
Longtime Bitcoin Advocate Launches Broker-Dealer for Crypto Firms
Longtime bitcoin advocate Bruce Fenton has created a new broker-dealer for digital asset firms and financial advisors called Watchdog Capital.
Canadian Fund Manager to List Bitcoin Fund on Major Stock Exchange
Canadian investment fund manager 3iQ received initial approval on its long road to launch a closed-end bitcoin fund in Ontario later this quarter.
Genesis Clocks Quarterly Surge in Cash and Stablecoin Lending
For the first time this year, BTC-denominated loans now represent less than 60 percent of Genesis’ portfolio.
Bitmain Seeking U.S. IPO With Confidential SEC Filing: Report
The bitcoin mining giant is said to have confidentially filed for an IPO in the U.S.
Chinese State-Owned Media Try to Dampen Market’s Crypto Enthusiasm
Chinese state-backed media are warning investors to remain rational amid a spike in interest in crypto companies.
SEC Blasts Kik’s ‘Void for Vagueness’ Defense of 2017 ICO
Kik wants to depose top SEC officials, and expose that they were making it up as they went. But the SEC is having none of it.
OKEx Launches Crypto Futures Settled in Tether Stablecoin
The crypto exchange will soon offer futures contract trading for a number of crypto pairs including BTC, ETH, BCH and XRP.
Avalon Bitcoin Miner Maker Canaan Officially Files for $400 Million US IPO
Avalon bitcoin miner maker Canaan Creative has just formally filed for a $400 million US IPO.
Ex-Official Trolls Libra, Says China Likely to Issue Digital Currency First
China’s central bank could be the first to issue its own national digital currency, a former official said, while contending that Libra was doomed.
Hyperledger Challenges JPMorgan’s Quorum for Enterprise Ethereum Crown
Besu, the new ethereum client from Hyperledger, has the potential to eclipse all other enterprise versions of ethereum, including JPMorgan’s Quorum.
President Xi Says China Should ‘Seize Opportunity’ to Adopt Blockchain
In his first major comments on blockchain, Chinese President Xi Jinping said the country should implement the technology across the economy.
US Financial Regulators Join UK FCA’s ‘Global Sandbox’
Four U.S. regulators joined an international alliance of government regulators seeking to bolster the future of fintech.
Eyeing African Market, Binance Adds Nigerian Fiat-to-Crypto Gateway
Facilitated by payments network Flutterwave, the addition starts a new phase of Binance adding sub-Saharan fiat pairs.
Binance US Announces Dogecoin Listing
Binance US has listed longtime meme favorite dogecoin, according to the exchange.
CEO: Coinbase Has Earned $2 Billion in Transaction Fees Since 2012
Coinbase turned a profit since 2017 and has earned $2 billion in transaction-fee revenue since its founding in 2012.