Former World Gold Council Exec Develops New Bitcoin ETF

The former managing director of the World Gold Council and the portfolio manager behind SPDR Gold Shares is developing a bitcoin exchange-traded fund (ETF) with boutique asset manager Kryptoin Investment Advisors. The Cayman Islands-based firm has filed an initial registration statement with the U.S. Securities and Exchange Commission (SEC). The fund, in development for two […]

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tZERO-Backed Startup Seeks SEC Approval to Launch Security Token Market

A firm part-owned by Overstock’s tZERO is seeking regulatory approval to launch one of the first markets for publicly traded, registered security tokens. The Securities and Exchange Commission (SEC) on Friday released a rule change proposal that would allow Boston Securities and Token Exchange (BSTX) to create an automated equity trading platform, with ownership records […]

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EOS Maker Block.One Settles With SEC Over Unregistered Securities Sale

EOS maker Block.One must pay $24 million in penalties for conducting an unregistered securities sale, the U.S. Securities and Exchange Commission (SEC) announced Monday evening. The SEC said in a press release that Block.One “raised the equivalent of several billion dollars” over a one-year period in an unregistered initial coin offering (ICO). (A total of […]

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Byrne Sells Overstock Stake to Buy Crypto and Battle ‘Deep State’

Patrick Byrne, the former CEO of Overstock who resigned abruptly in August, has dumped his 13 percent stake in the e-commerce company he founded 20 years ago to buy cryptocurrency and precious metals, he announced late yesterday. In a blog post at his DeepCapture.com, Byrne said that, by the end of the week, he will […]

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SEC Gives YouNow’s Ethereum Token ‘Props’ Reg A+ Approval

The U.S. Securities and Exchange Commission (ICO) has granted an ethereum-based token a Reg A+ qualification, the startup YouNow said Thursday. Props is an ethereum-based blockchain token that integrates with streaming platforms like YouNew and XSplit to reward users and creators with tokens. YouNow – which developed the Props blockchain – announced today that it will […]

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