Goldman-Sachs Backed Circle Blames ‘Restrictive’ US Laws for Layoffs

Bitcoin and crypto are rising, but Goldman Sachs-backed Circle laid off 10 percent of its workforce blaming a ‘restrictive’ regulatory climate. But is that just a smokescreen to mask Circle’s dwindling user base? SEC Bullish on Bitcoin, Bearish on Alts OK, so we may not call the SEC exactly ‘bullish’ on Bitcoin. In fact, quietly […]

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SEC Deals Another Blow, Temporarily Suspends Trading at Bitcoin Generation

The US Securities and Exchange Commission (SEC) took another step backward from Bitcoin this morning by suspending all trading in securities of Bitcoin Generation (BTGN), the first publically traded cryptocurrency exchange.  The suspension will take place from 9:30 AM EDT to 11:59 PM May 10. The SEC announced that this will be a temporary suspension […]

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Only These 10 Bitcoin Exchanges Have Real Volume, New Study Finds

New research presented to the SEC by Bitwise Asset Management claims 95% of reported BTC spot volume is fake. According to Bitwise, only 10 exchanges have actual volume… but it’s not all bad news for the bitcoin market. 95% of Bitcoin Exchange Volume is Fake Claims of wash trading and fake volumes are nothing new. […]

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Brookings Institute Says the SEC Should Regulate Crypto-Assets

A report from the Economic Studies program of US think tank, Brookings, claims better regulation will benefit the crypto industry. It states that crypto-assets currently fall into a jurisdictional gap, and that the SEC should fill that role. Don’t Hate The Game, Hate The Players The report immediately scores an own goal with the choice […]

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SEC Commissioner: Decentralization Is At The Root of Our Economic System

Commissioner Hester Peirce wants to open the Security Exchange Commission (SEC) to innovation and entrepreneurship. And she calls for a novel and better regulatory framework that is more adaptable to the crypto space. Commissioner Peirce: SEC to Open the Doors to Innovation Speaking at an event entitled Protecting the Public While Fostering Innovation and Entrepreneurship: […]

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Gov’t Shutdown Freezes SEC Activity, But Bitcoin ETF Date Unaffected

The US Securities and Exchange Commission (SEC) has frozen all pending administrative proceedings due to the government shutdown. According to a legal expert, however, the Commission is not allowed, by law, to delay the decision on VanEck/SolidX Bitcoin ETF past its current deadline.  No More Delays Despite Government Shutdown The SEC has issued an order […]

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Bitcoin Price Analysis: BTC Bounces But Bears Still in Control

Bitcoin price just pulled off a nice 10% bounce with the next level of resistance at $3,700. Let’s take a look at what can happen next? Bitcoin Price: Market Overview Bitcoin price 00 dropped to a new yearly low at $3,210 and the overall market cap now rests at $110.6 Billion. Clearly, bears are still running the […]

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SEC Final Decision on VanEck Bitcoin ETF Now Set For February

Expectedly, the US Securities and Exchange Commission has once again delayed its decision on the commodity-backed VanEck/SolidX bitcoin ETF proposal. The Commission is left with no room for further delays and the absolute final decision will come on February 27, 2019.  Bitcoin ETF: The Last Delay In July Bitcoinist reported that the SEC’s decision on the commodity-backed […]

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SEC Slaps Paragon, Airfox ICOs With $250,000 Fine

US regulator the Securities and Exchange Commission (SEC) repeated calls for ICO token issuers to comply with securities laws November 16 as it enforced penalties against Paragon and AirFox. Paragon, Airfox Will Lose Millions In a statement, the SEC appeared to seek a balance between permissiveness and enforcement of “well-established” rules as it confirmed legal […]

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