Cryptocurrency Analysis and News Portal
The Brazilian Securities Commission (CVM) has banned a forex broker offering Bitcoin (BTC) options, CryptoX Brasil reported on Sept. 25.On Sept. 25, CVM published a public warning of irregular action concerning XM Global Limited through the Superintendent of Market and Intermediary (SMI) Relations. In its warning, the CVM states
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According to a press release on September 18, the U.S. SEC has taken legal actions against a blockchain and crypto company called ICOBox and its founder Nikolay Evdokimov for illegally distributing $14 million worth of the company’s digital token and operating as an unregistered broker for other digital asset offerings.The
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Ripple has instructed its legal team to dismiss claims that it violated U.S. securities law by selling XRP via ICO back in 2010. The case alleges Ripple led a scheme to raise hundreds of millions of dollars by their digital token illegally. The class action suits allege that the defendants (Ripple) violated both the
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Ripple, the cryptocurrency firm behind the XRP token, has requested a federal court dismissal of a class-action lawsuit; all while ignoring one major issue, XRP's security status. The original lawsuit was first launched back in early 2018, by a handful of disgruntled XRP investors. The plaintiffs claimed that
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The United States Securities and Exchange Commission (SEC) has sued ICOBox and its founder Nikolay Evdokimov for conducting an illegal securities offering and for acting as unregistered brokers.SEC says ICOBox’s digital tokens are worthlessIn a press release on Sept. 18, the SEC claimed that ICOBox and Evdokimov sold the
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Michael Novogratz’s cryptocurrency investment bank Galaxy Digital has gained approval from the Financial Industry Regulatory Authority (FINRA) to underwrite registered public offerings of securities.As reported by Bloomberg on Sept. 6, the company has its sights on facilitating security token offerings, or STOs.FINRA is a non-governmental private organization that acts
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SK Securities, a branch of South Korea's largest telecom SK Group, has partnered with a local blockchain firm for a digital real estate beneficiary platform.The securities operator has signed a business agreement with Kasa Korea, a Seoul-based startup developing a digital securities blockchain platform for thereal estate market, Korean
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Seychelles-based securities exchange MERJ — which listed the first regulated security token on a national stock market — plans to distribute its equity to Europe via a partnership with blockchain service provider Globacap.A Globacap press release published on Aug. 29 revealed that MERJ now plans an initial public offering
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The Australian Securities Exchange (ASX) has made new partners to apply blockchain to its registry, settlement and clearing systems (CHESS) in 2021.VMware and Digital Asset step inThe ASX confirmed its anticipation of delivering the CHESS replacement system by 2021, following a new agreement with NYSE-listed tech firm VMware and
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The United States Securities and Exchange Commission (SEC) has registered Securitize, a digital securities platform backed by crypto exchange Coinbase, as a transfer agent, according to a press release published on Finextra on Aug. 21.Securitize — which claims to be the first transfer agent with a working blockchain protocol
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