Business

ParagonCoin registration in US revoked over securities laws violation
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14 March, 2023

ParagonCoin registration in US revoked over securities laws violation

ParagonCoin violated section 13 (a) of the Securities Exchange Act of 193 and Exchange Act Rules 13a-1, according to the...
UK digital asset industry needs tough regulations to ‘detoxify,’ FCA says
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13 March, 2023

UK digital asset industry needs tough regulations to ‘detoxify,’ FCA says

In a recent hearing before lawmakers, Financial Conduct Authority CEO and Chair Ashley Alder said that regulations are critical, but...
Ethereum is a security—CFTC is wrong
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13 March, 2023

Ethereum is a security—CFTC is wrong

As per the legal opinion of both the chairman of the Securities and Exchange Commission and the New York Attorney...
Mt. Gox pushes payment deadline to October 2023
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13 March, 2023

Mt. Gox pushes payment deadline to October 2023

The Mt. Gox trustee also gave creditors one more month—until April 6—to select their repayment method as the largest creditor...
HEXicans beware—Richard Heart scrambles to delete tweets as SEC closes in
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13 March, 2023

HEXicans beware—Richard Heart scrambles to delete tweets as SEC closes in

The projects, which Richard Heart promised would revolutionize the industry, were crowdfunded by more than $1 billion in funds in...
South Korea invests $51M into metaverse projects
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12 March, 2023

South Korea invests $51M into metaverse projects

South Korea's Ministry of Science earmarked funds will be used to prop up 13 new projects leveraging virtual worlds in...