The government of Venezuela published several guides Tuesday in support of the presale for its “petro” cryptocurrency. Announcing the oil-backed token as a form of legal tender that can be used to pay taxes, fees and other public needs, the Venezuelan government…
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Despite the quality of this year’s initial crowd offerings being patchy at best, investors’ appetite for them remains unsated. $2 billion has been raised already, placing 2018 on course to comfortably surpass 2017’s total of $5.7 billion. But with the structure of…
The U.S. Securities and Exchange Commission (SEC) has denied a Freedom of Information Request (FOIA) on the BitConnect cryptocurrency investment scheme, citing an exemption usually applied to records tied to law enforcement. The FOIA was sent by Florida lawyer David Silver, who…