September has been quite an eventful month, and there have been significant changes and events in many industries. However, it has been especially wild when it comes to weed stocks. On September 19th, Canada-based cannabis company called Tilray (TLRY) has seen a significant increase, going as far as 90%. The surge came after the company’s… Continue reading Cannabis and Cryptos Have a Lot in Common According to SEC
Category: ICO
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Report: Companies, Investors Circumvent Chinese ICO Ban
A Xinhua News Agency investigation revealed ways Chinese crypto investors are avoiding the country’s ICO ban. An investigation by the Xinhua News Agency has shown it is possible to bypass China’s Initial Coin Offering (ICO) ban, according to an article published September 26. The investigation has shown that despite the government’s efforts to crack down… Continue reading Report: Companies, Investors Circumvent Chinese ICO Ban
Ex-CEO of Crypto Company Sentenced to Prison for Fraud, Fined $9 Million
The former CEO of a cryptocurrency company has been sentenced to prison time and ordered to pay $9 million in restitution due to his company’s role in a major Ponzi scheme that cost hundreds of investors millions of dollars. The hearing comes as the U.S. government and regulatory agencies step up their crackdown on cryptocurrency-related… Continue reading Ex-CEO of Crypto Company Sentenced to Prison for Fraud, Fined $9 Million
Crypto ‘Here to Stay’ but Needs Classification, Says European Commission Vice President
The E.U. will focus on crypto classification and “regulatory mapping,” since crypto is “here to stay,” according to the European Commission’s Vice President. The European Union (E.U.) will focus on the development of crypto asset classification and regulatory mapping, European Commission Vice President Valdis Dombrovskis claimed at a recent meeting of Economic and Financial Affairs… Continue reading Crypto ‘Here to Stay’ but Needs Classification, Says European Commission Vice President