The following report is provided free each week by McAlinden Research Partners exclusively to members of Hedge Connection. Today’s issue cluster focuses on Technology
... Read more »Posts Categorized: Blockchain/Cryptocurrencies
SEC Actions This Week: Commission Circles While Crypto Craters May13
Cryptocurrency has been on the market for 13 years, but no one has really figured out what do with it. When money market funds were introduced to the public in the 1970s, it took people no time at all to figure out that they could use them in place of bank savings accounts. The return was higher, and the risk was so small as to be practically zero
... Read more »SEC Actions This Week: BlockFi’s Bitcoin Bonds Get Bonked by I-Bank Bosses Feb18
By Ann C. Logue In the 13 years since Bitcoin’s introduction, the consensus is that the technology is interesting, but there’s still not much you can do with the actual coins. They change in price with supply and demand, of course, but there are few ways to spend them other than converting them back into
... Read more »SEC Actions this Week: Crowd Machine’s Crypto Capers Jan7
Crypto might receive widespread adoption sooner if some of its biggest promoters would stop running scams. This week, the SEC charged Craig Sproule, an Australian citizen, with making false, material statements in conjunction with an initial coin offering
... Read more »SEC Actions This Week: Going After GTV Sep17
The genius of US securities laws is that they mandate full disclosure but don’t regulate much beyond that—relatively speaking, of course. That’s one reason that companies from around the world do their public offerings in the United States
... Read more »