Search Results for: ICO
Associations challenging crypto Ads ban to proceed with lawsuit
June 29th, 2018
Facebook’s recent decision to partially lift the ban on crypto ads will not stop a planned legal action against the measure. Crypto associations and businesses from several countries announced earlier this year their intentions to sue internet giants imposing ...
Europe’s banks and industrial stocks sink as trade dispute deepens
June 26th, 2018
The latest episode in a trade dispute between the United States and other major economies sent European shares further into a funk on Monday with benchmarks down 0.8 to 1.2 percent and autos, basic resources and tech stocks the ...
Bitcoin falls below $6,000 but crypto trader says it’s ‘not dead’
June 25th, 2018
Bitcoin fell below $6,000 on Friday, but bitcoin bull Brian Kelly told CNBC that the popular cryptocurrency is “not dead.” “This is not the funeral for bitcoin whatsoever,” Brian Kelly, founder and CEO of BKCM LLC, an investment firm ...
Asia business sentiment slips from seven-year high on trade worries
June 20th, 2018
Business confidence among Asian companies slipped for the first time in three quarters, on mounting worries that U.S. President Donald Trump’s protectionist policies would trigger tit-for-tat reprisals and undermine the global trading system. The Thomson Reuters/INSEAD Asian Business Sentiment ...
What SEC’s official said about Bitcoin, ether and initial coin offerings
June 15th, 2018
The SEC’s point man on cryptocurrencies and initial coin offerings (ICOs) says that bitcoin and ether are not securities but that many, but not all, ICOs are securities and will come under the regulatory control of the SEC and ...
South Korean Supreme Court rules Bitcoin is an asset
June 6th, 2018
South Korean Supreme Court just ruled that bitcoin is a legally recognizable asset. The landmark ruling occurred on May 30, 2018, and it overturns a decision made by one of the country’s lower courts in a case dating back ...
Asian stocks rose on Wednesday, S&P 500 dipped, Euro gained
June 6th, 2018
Asian stocks rose on Wednesday after tech sector strength lifted Wall Street shares while concerns about Italy’s debt prompted investors to move into lower-risk government debt elsewhere, pushing U.S. Treasury yields down from recent highs. MSCI’s broadest index of ...
European stocks seen higher after Italy agrees to form a government
June 1st, 2018
European markets are set to open higher Friday morning after Italian parties averted the prospect of a snap election, although renewed fears of a global trade conflict appeared to limit gains. The FTSE 100 is seen 8 points higher ...
Emergency Order halting fraudulent Initial Coin Offering scheme that raised $21 million
May 30th, 2018
The Securities and Exchange Commission announced it has obtained a court order halting an ongoing fraud involving an initial coin offering (ICO) that raised as much as $21 million from investors in and outside the U.S. The court also ...
Strategic partnership between Worldline and SIX consolidating European payments
May 24th, 2018
Worldline’s $2.75 billion deal to buy the payments unit of Swiss exchange operator SIX Group, announced on Tuesday, could herald more consolidation in the industry, SIX’s chairman told Reuters. France’s Worldline beat competition from U.S. bidders to land the ...