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Thailand’s crypto industry has grown to overtake the entire economies of Argentina and Turkey despite the country remaining 7under Junta rule. One of the few Asian nations in which Blockchain is allowing unrestricted financial management, the future looks promising despite several attempts to enforce restrictions. Thailand has been ruled by a military government ever since the coup which occurred in 2013. With the Royal Thai army in charge of all government affairs crypto use restrictions…

The U.S. Securities and Exchange Commission (SEC) had yesterday published an official statement declaring its decision to postpone for a second time, the CBOE Bitcoin ETF application to trade the VanEck/Solid X Exchange Traded Fund (ETF). The delay is not a first as the SEC had in August turned down multiple ETF proposals while citing ‘market manipulation’ as its major concern. Following previous delays, a decision was expected by September 30th but by this latest announcement…

The United States Senate had during its last sitting confirmed Elad Roisman as member of the Securities and Exchange Commission (SEC). Roisman who was specifically nominated by President Trump; will now complete the required five member executive positions within the Commission. The 37 year old Republican had previously served as Chief Counsel to the U.S. Senate Committee on Banking, Housing, and Urban Affairs, and will now replace fellow Republican commissioner Micheal Piwowar as a SEC…

The current state of the cryptocurrency market has further plummeted following the US SEC (Securities and Exchange Commission) ruling to postpone the highly anticipated CBoE Bitcoin Exchange Traded Fund (Bitcoin ETF) until September 30th,2018. This ETF announcement by the SEC immediately sent the volatile crypto market prices lower and a consequent dip in prices of digital assets. In a near instant reaction to this news, the cryptocurrency market shed about $20 billon from a daily…

The National Bank of Thailand, prior to this time maintained stiff regulations on cryptocurrency dealings, with prohibition of Thai banks from providing crypto-related services from investing, trading and contributing to establishment of crypto exchanges for customers and the public. Furthermore, the Thai central bank also prohibited its banks from offering advice to members of the public as regards crypto investments or trading, and a firm ban on crypto purchases using bank credit cards.…

As far as ICO operations go, many rely primarily on aggressive online advertising to gain customers. However some have seen the effectiveness of celebrity endorsements as the Centra Tech ICO garnered well over $32 million despite misleading clients with regards to industry connections as discovered by the SEC. The ICO was promoted by the likes of Floyd Mayweather and even DJ Khaled using various social media platforms including Twitter. As seen below, the boxing heavy…

Snap INC, the company behind the likes of Snapchat has been identified as the latest company to initiate a ban on advertisements surrounding crypto ICO’s. As a culmination of policy changes, the platform has effectively separated crypto advertisements from those exclusively advertising ICO and investment opportunities to users (which will no longer be tolerated). Following on from the Securities and Exchange commissions reports and statements regarding recognition of Cryptocoins as securities, many platforms including Twitter…

Bitcoin prices are set to skyrocket in the near future considering the SEC are due to make a decision on the cryptocurrencies. Represented by three ETFs launched by the Winklesvoss twins, the success depends on nearly a year of work culminating in potential recognition by the SEC. Currently the three funds are doing extremely healthily in the market increasing in popularity as trading volume has slowly picked up reflecting a fall in premiums as regular…

Public investments come in various forms such as currencies, and investment but Bitcoin has been the biggest in modern times providing users with an alternative medium of making investments. While the cryptocurrencies may have much benefit, the SEC has announced its warnings on Bitcoin swisscoin and similar digital coins. “The public should also be aware that any investment opportunities promoted by these persons, companies or entities are likely to be of a risky nature with…