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SEC Settles with ICO Issuer for $7.6 Million

SEC Settles with ICO Issuer for $7.6 Million

US Securities and Exchange Commission announced yesterday that they had settled fraud charges against Loci Incorporation and its CEO John Wise for making materially false statements about their unregistered offer and the sales of their digital asset securities.

CoinFlip Installs its First 3 ATMs in Alaska

CoinFlip Installs its First 3 ATMs in Alaska

On Thursday, the leading Bitcoin ATM provider, CoinFlip, announced it has expanded its operations in the United States, specifically Alaska, by installing three Bitcoin Automated Teller Machines.

Bank Indonesia declares bitcoin payment illegal

Bank Indonesia declares bitcoin payment illegal

In a virtual lecture, Bank Indonesia Governor Perry Warjiyo stated that the central bank has prohibited Indonesian financial institutions from accepting bitcoin as a method of payment or other financial services instruments.

Coinbase Pro to Lists Dogecoin Rival SHIB

Coinbase Pro to Lists Dogecoin Rival SHIB

Shiba Inu (SHIB) trading will be available on Coinbase Pro beginning Thursday, June 17. Aside from SHIB, Keep Network (KEEP) and Chiliz (CHZ) tokens are also included.

Thailand SEC Bans NTFs and Meme-Based Tokens

Thailand SEC Bans NTFs and Meme-Based Tokens

Thailand SEC yesterday issued an official guideline that prohibits regional crypto exchanges from supporting non-fungible tokens (NTFs), Meme-Based tokens, fan-based tokens, and exchange-issued tokens.

Elon Musk to Have ‘No Role’ in the Bitcoin Mining Council

Elon Musk to Have ‘No Role’ in the Bitcoin Mining Council

As we are all aware by now, Elon Musk is a man wearing a lot of hats. Aside from being the CEO of multi-billion companies Tesla and SpaceX, he co-founded Paypal, brought Dogecoin to us, and now, unfortunately, he will have no role in the bitcoin mining council; not formally at least.

IMF dissatisfied with El Salvador’s Bitcoin move

IMF dissatisfied with El Salvador’s Bitcoin move

During a planned press conference, Gerry Rice, an IMF spokesperson, said that the use of bitcoin as legal cash creates various financial, macroeconomic, and legal challenges that demand extremely careful examination.

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