US, Canadian Regulators Launch Dozens of Crypto Scam Probes

An “international crackdown” on cryptocurrency scams was launched Monday by a group of securities regulators in Canada and the United States. Dubbed “Operation Cryptosweep,” the effort was unveiled during a Monday event hosted by the North American Securities Administrators Association (NASAA). Its existence was first...
Continue reading »

Bitcoin Miner Maker Canaan Files for Hong Kong IPO

Canaan Creative, one of the biggest manufacturers of bitcoin mining chips and devices, has filed for an initial public offering (IPO) with the Stock Exchange of Hong Kong (HKEX). Filed on May 15, the firm’s application is still in draft form and pending approval from the...
Continue reading »

Blockchain

Pindar Wong is the chairman of VeriFi (Hong Kong) Ltd. An internet pioneer, he co­founded the first licensed Internet Service Provider in Hong Kong in 1993.  On Hainan Island, China’s Hawaii, in the shadow of sanctions, tit-for-tat tariffs and a looming trade war, China’s paramount leader stood...
Continue reading »

Colorado

The state of Colorado could soon allow political committees to accept contributions in cryptocurrency. The Office of the Colorado Secretary of State published a new working draft of its “Rules Concerning Campaign and Political Finance” on Wednesday, which notably includes a new section on cryptocurrency...
Continue reading »

Move

ICO issuers are starting to look to jurisdictions outside the U.S. to set up shop. In an environment of regulatory uncertainty, where the U.S. Securities and Exchange Commission (SEC) has begun investigating ICOs and the industry surrounding the capital raising technology but has yet to...
Continue reading »

2017 Saw

Nearly 40 percent of all Chinese blockchain startups emerged in 2017 alone, according to a new white paper published by China’s Ministry of Industry and Information Technology. Revealed by the ministry’s Information Center on Monday, the blockchain industry paper indicates that currently China has 456 startups...
Continue reading »