The Financial Industry Regulatory Authority has issued a notice encouraging every firm that sells securities to the public in the U.S. to disclose any activities “related to digital assets, such as cryptocurrencies and other virtual coins and tokens.”
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The Financial Industry Regulatory Authority (FINRA) issued a Regulatory Notice last week on digital assets.
According to its website, FINRA had 629,112 registered representatives and 3,712 member firms in April.
It advised them to “be cautious when considering the purchase of shares of companies that tout the potential of high returns associated with cryptocurrency-related activities without the business fundamentals and transparent financial reporting to back up such claims.”
What do you think of FINRA asking brokerage firms to declare crypto activities?
The post US Financial Authority Asks Brokerage Firms to Disclose Crypto Activities appeared first on Bitcoin News.
The Financial Industry Regulatory Authority has issued a notice encouraging every firm that sells securities to the public in the U. S. to disclose any activities “related to digital assets, such as cryptocurrencies and other virtual coins and tokens.
Cryptocurrencies are now officially part of the finances that each U. S. House Of Representatives staff should disclose. Cryptocurrencies owned by the house members will be considered as “other forms of securities.
The House Ethics Committee has informed all US Congress members that they must disclose any investment worth more than $1,000 as of June, 18. All lawmakers on Capitol Hill make an annual financial disclosure but a new memo has informed them that any cryptocurrency purchase or sale that exceeds $1,000 must be reported within 45.
Regulation In recent regulatory news, the United States Office of Government Ethics has issued a document advising employees of the U. S. executive branch to disclose their cryptocurrency holdings. Also Read: Financial Services Provider Square Acquires New York Bitlicense U.
In recent regulatory news, the United States Office of Government Ethics has issued a document advising employees of the U. S. executive branch to disclose their cryptocurrency holdings. In other news, Bank of Korea has rejected the notion of central bank-issued digital currencies, Crypto Finance AG has received licensing from the Swiss Financial Market Supervisory Authority […]
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In recent regulatory news, the United States Office of Government Ethics has issued a document advising employees of the U. S. executive branch to disclose their cryptocurrency holdings. In other news, Bank of Korea has rejected the notion of central bank-issued digital currencies, Crypto Finance AG has received licensing from the Swiss Financial Market Supervisory Authority […]
The post U.
Hundreds of other virtual coins have all but gone to zero — following the same path as Pets. com and other red-hot initial public offerings that flamed out in the early 2000s. Bitcoin declined as much as 4.
The cryptocurrency’s 2018 crash may help cement its place in the bubble record books. Hundreds of other virtual coins have all but gone to zero — following the same path as Pets.com and other red-hot initial public offerings that flamed out in the early 2000s. Bitcoin declined as much as 4.2 percent to $5,791.19 on
