After Friday’s SEC Actions, Experts Say ICO Party ‘Is Truly Over’

The U.S. Securities and Exchange Commission (SEC) has compelled two crypto startups to register their token sales as securities offerings. It’s the first time the SEC has pursued such an action without additional charges of fraud. In a pair of orders published Friday morning, the SEC announced it had settled charges with CarrierEQ Inc., otherwise…

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IMF Chief Lagarde Calls for ‘Exploration’ of State-Backed Digital Currencies

Christine Lagarde, managing director and chairwoman of the International Monetary Fund (IMF), has encouraged the exploration of a central bank digital currency (CBDC) in the light of decreasing demand for cash and rising preference for digital money. In a prepared speech for the Singapore Fintech Festival on Wednesday, Lagarde said: “I believe we should consider…

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Sexual Assault Survivor Uses Crypto to Crowdfund Anonymously

A new use case is emerging for cryptocurrency: helping women who’ve suffered sexual harassment or assault gain financial independence while also protecting their privacy. Case in point, a sexual assault survivor used the crypto-powered payment processor Seeds to crowdfund $500 in September after the trauma left her unable to work for several months. Had she…

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Carbon’s Stablecoin Can Now Be Swapped Between EOS and Ethereum

The U.S. dollar-pegged crypto token CarbonUSD has just launched as the first stablecoin on the EOS platform. The token’s developer, Carbon, announced the news in a press release Friday, adding that it believes making the token interoperable across “key” blockchain networks will provide “most value for the crypto industry in the long-term.” CarbonUSD, which has been live…

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SEC Charges EtherDelta Founder Over ‘Unregistered Securities Exchange’

The U.S. Securities and Exchange Commission (SEC) has charged Zachary Coburn, the founder of crypto token trading platform EtherDelta, with operating an unregistered securities exchange. The regulator said Thursday that EtherDelta, which acts as a secondary market for trading ERC-20 tokens, had been providing a marketplace for buyers and sellers to trade ethereum tokens that…

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