ShapeShift cryptocurrency platform has started asking customers for personal information in what will be an increasing trend for firms to conform to a version of know-your-customer rules. This would be an important step in increasing the legitimacy and assets of cryptocurrency. Enhanced transparency for cryptocurrencies is also a high priority for government regulators in getting comfortable with the market.
SEC continues to reject Bitcoin ETF proposals because the proposals are not consistent with the Exchange Act Section 6(b)(5) and its requirement that a national securities exchange's rules "be designed to prevent fraudulent and manipulative acts and practices." https://www.coindesk.com/sec-rejects-7-bitcoin-etf-proposals/
Steve Wozniak, co-founder of Apple with Steve Jobs, recently announced his participation in a crypto startup. During the interview, Mr. Wozniak (Wo...
Cryptocurrency investment has become increasingly prone to both fraudulent ICO and pump and dump schemes. The unregulated nature of the cryptocurrency market guarantees that the schemes will continue. https://www.wsj.com/graphics/cryptocurrency-schemes-generate-big-coin/?mod=article_inline?mod=hp_lead_pos5