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Australian Securities Regulator Revises Guidance On Crypto-Assets and ICOs

ASIC has revised guidance on crypto assets and initial coin offerings (ICOs). The latest updates will help operations involved with crypto-assets and ICOs to assess their legal obligations. The watchdog stated that these regulatory obligations are in place to keep the integrity of Australia’s financial industry and ensure customer protection. ASIC has restructured Information Sheet […]

Entry of Institutional Investors in 2019 Will Propel Bitcoin Prices, Mike Novogrtatz Predicts

Notorious Bitcoin crusader, Michael Novogratz has made adjustments to his earlier prediction that Bitcoin’s prices will hit the $40,000 mark by the end of 2018. He is no longer optimistic that the prices would even surpass $10,000 unless institutional investors join the cryptocurrency space in first and second quarters of 2019. Novogrtatz admitted in an […]

Philippines Securities And Exchange Commission To Unveil New Rules

The Philippines Securities and Exchange Commission (SEC) is set to unveil new draft rules for cryptocurrency exchanges. Ephyro Luis Amatong who is an SEC Commissioner reported that the draft rules will be released before mid-September. He also said that the agency intends to release the final regulations by the end of 2018. Philippines Securities and […]

CFTC And SEC Speak Our Regarding Virtual Currencies During A Senate Hearing

CFTC and SEC have moved ahead to have expressed their respective standpoints in line with the senate hearing on virtual currencies. CFTC Chairman J. Christopher Giancarlo and SEC Chairman Jay Clayton are said to have forwarded their testimonies via writing. Anyone that has the opportunity to go through the testimonies will attest to the fact […]