The US Securities and Exchange Commission (SEC) has issued a cease-and-desist order, and levied a $200,000 fine against Crypto Asset Management (CAM), a cryptocurrency investment fund. It has also fined its principal manager, Timothy Enneking. The SEC charges that CAP has operated as an unlicensed investment company, and that it has fraudulently represented itself as…
One undeniable fact of the crypto revolution is that the vast growth in platforms is certain to continue unabated. There are currently more than fifteen hundred cryptos, with many more under development. When the ICO boom began last year, new coins easily drew attention and investment. Such is no longer the case, as the market…
The Initial Coin Offering (ICO) craze continues to heat up around the globe. Lured by the potential for astronomical profits, investors seem more eager than ever to take part in ICOs of all types. Although this is helping to bring more people into the crypto space, increasingly critics are stepping forward to warn of the…
Estonia has announced plans to launch an ICO as a way of raising funds and promoting its e-Residency program. The token, to be called "Estcoin" will be managed by the state, but like all cryptocurrencies, will be accessible to investors worldwide. Estonia is hoping this move will boost its economy, which has struggled since the…