• Cryptocurrencies,  Regulation

    SEC warns investors about initial exchange offerings

    IEOs are the new ICOs, and the financial watchdog wants investors to take heed

    The Securities and Exchange Commission issued an alert Tuesday, urging investors to proceed with caution before investing in IEOs through online trading platforms—which often tout themselves as exchanges—especially when those platforms are located overseas. 

  • Wall Street bull statue
    Bitcoin

    CME Group launches bitcoin options contracts

    The launch comes on the heels of rival exchange Bakkt’s launch of its own bitcoin options and cash-settled contracts in December.

    CME Group, one of the first regulated institutions to offer bitcoin futures, launched bitcoin options contracts today.

  • Craig Wright reading sued billions in bitcoin
    Cryptocurrencies,  People

    Judge to Craig Wright: Put up or shut up

    Self-proclaimed bitcoin creator given until Feb. 3 to prove a ‘mysterious bonded courier’ is delivering the keys to $9 billion in bitcoin in ‘Tulip Trust I-III’

    Craig Wright has just 23 days left to prove his claim he’s really Satoshi Nakamoto, the creator of Bitcoin and founder of the cryptocurrency revolution. “Given the Defendant’s many inconsistencies and misstatements, the Court questions whether it is remotely plausible that the mysterious ‘bonded courier’ is going to arrive, yet alone that he will arrive in January 2020 as the Defendant now contends,” Judge Beth Bloom wrote.

  • Chairman Mao sees you illegally trading cryptocurrency (via David Dennis, CC-BY-SA 2.0)
    Bitcoin,  Regulation

    Was China’s digital yuan behind Binance’s Shanghai office closing?

    The November closure of a Shanghai office connected to a major crypto exchange may have presaged a broader crackdown as China prepares to launch a virtual currency

    The high-profile closing of a Shanghai office used by the Binance exchange in late November appears to have been an early example of China’s latest crackdown on cryptocurrency trading.