A U.S. federal judge has ruled that a pair of reportedly fraudulent initial coin offerings fall under securities laws.
The Financial Industry Regulatory Authority (FINRA) has charged a Massachusetts resident with securities fraud for an unregistered token sale in a first for the self-regulatory organization (SRO). Coindesk reports that.
Paris Saint-Germain (PSG), a major French soccer team in the country's top league, is planning to issue its own cryptocurrency as a way to incentivize participation from its fans around the world. Coindesk reports that.
Former Ripple general counsel Brynly Llyr is taking on the same role for crypto payments startup Celo. Coindesk reports that.
Nouriel Roubini, a widely recognized economist and a professor at Stern School, has said that the decline in the value of Ethereum was expected due to its lack of active decentralized applications (dApps).
Gemini, the cryptocurrency exchange founded by Cameron and Tyler Winklevoss, has announced the creation of a USD-pegged Ethereum token that looks to supplant tether (USDT) as the stablecoin of choice among bitcoin traders. CCN reports that.
The regulator pointed to “a lack of current, consistent and accurate information” in the two crypto investment vehicles issued by Swedish firm XBT Provider AB following their entry into the US market last month.
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