Tokenlion brings the latest Cryptocurrency, Blockchain, and ICO Related news. Know what is happening in the cryptocurrency world by getting the latest information from various sources daily.
The Binance cryptocurrency exchange is offering a $250,000 equivalent bounty on the arrest of the hackers involved in the March 7th incident, Binance stated in an announcement March 11.
Cryptocurrency exchanges would subsequently be governed by the same rules as traditional exchanges. For this reason, they must register with the SEC “as a national securities exchange or be exempt from registration”.
Numerous concerned users took to Reddit and Twitter, and started complaining that their altcoins had been converted into Bitcoin without their permission, many of them not even logged into their accounts.
Initial coin offering (ICO) operators have long known that they risked running afoul of US securities laws. However, a newly released letter drafted by an official with the Department of the Treasury suggests that ICOs may also be subject to criminal statutes governing money transfer businesses.
Want to contribute? Contact us to start blogging!
Subscribe to Tokenlion