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ICO Rating Settles With SEC Over Alleged Anti-Touting Violations

News The United States Securities and Exchange Commission (SEC) has charged Russian analytical agency ICO Rating for $268,998 for violating anti-touting provisions, according to an announcement on Aug. 20. In the announcement, the SEC claimed that ICO Rating violated the anti-touting provisions of..

Crypto Payment Firm Everex Obtains License From New Jersey Regulators

News Stablecoin-based settlement platform Everex has obtained a full Money Transmitter License from a New Jersey regulator, allowing the company to test services in the United States. In a press release shared with Cointelegraph on Aug. 19, Everex revealed that the New Jersey Department of Banking..

US Secretary of State Wants to Regulate BTC Like Other E-Transactions

News United States Secretary of State Mike Pompeo believes that Bitcoin (BTC) should be regulated the same way as other electronic financial transactions. Security risks of reduced governmental monitoringIn an interview on Squawk Box on Aug. 20, Pompeo pointed out the risk of anonymous transaction..

US Crypto Review: Top-5 States With Welcoming Regulations

Crypto Map On Aug. 14, at least two American states introduced regulatory actions targeting the crypto space. First, Maryland’s attorney general announced that the state is participating in Operation Cryptosweep, a joint initiative of state and provincial securities regulators in the U.S. and Cana..

New York Court Rules That State Attorney Has Jurisdiction Over Bitfinex

News The New York State Supreme Court has ruled that the New York Office of the Attorney General (NYAG) has jurisdiction over cryptocurrency exchange Bitfinex. According to a court filing on Aug. 19, this will allow the NYAG to continue its investigation of the exchange over allegations of fraud a..

Bank of America Files Patent for Multi-Tiered Digital Currency Wallet

News United States-based investment banking company Bank of America (BofA) has filed a patent for a digital currency wallet with multiple layers of asset access. The proposed wallet would accept different passwords for different amounts of funds requested. The United States Patent and Trademark O..

SEC Continues to Stall on BTC ETFs, All in Wait for Breakthrough

Recap The long and uncertain road toward crypto exchange-traded funds (ETFs) being approved by the United States Securities and Exchange Commission (SEC) took its latest turn on Aug. 12, when the regulatory body once again delayed its decision on three ETF proposals. Below is a timeline of all the..

Santander Expanding Ripple-Powered Payments After Volume Triples

News Spanish banking giant Santander plans to expand Ripple-powered global payment solution to Latin America, a Santander spokesperson told Cointelegraph on Aug. 19. Citing rising transaction volume, Santander wants to expand Ripple’s xCurrent technology to a number of Latin American countries aft..

Would Blockchain Better Protect User Data Than FaceApp? Experts Answer

Experts Answer FaceApp — the mobile application that has blown up your Instagram feed with pictures of your followers as old people, the opposite gender or babies — has raised a lot of concerns about potential privacy violations for users that upload their photos to be edited. Rumors have circulat..

US Lawmakers to Visit Switzerland to Discuss Crypto, Facebook’s Libra

News A delegation of the United States House of Representatives will visit Switzerland on cryptocurrency concerns, with Facebook’s not-yet-released stablecoin Libra being in the focus. As local weekly news outlet NZZ am Sonntag reported on Aug. 17, a six-member delegation from the House Financial ..

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