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SEC’s ‘Crypto Mom’ warns selling fractionalized NFTs could break the law

Fractionalized NFTs and baskets of non-fungible tokens could easily be considered investment contracts under U.S. securities law, warns SEC Commissioner, Hester Peirce. Source: https://cointelegraph.com/rss SEC’s ‘Crypto Mom’ warns selling fractionalized NFTs could break the law

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$51K Bitcoin price not a problem as ‘structurally, nothing has changed’

On-chain data points toward a bullish future for Bitcoin despite today’s sell-off to $50,400. Source: https://cointelegraph.com/rss K Bitcoin price not a problem as ‘structurally, nothing has changed’

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New Zealand retirement fund reportedly allocates 5% to Bitcoin

Institutional uptake of BTC is on the rise. KiwiSaver of New Zealand appears to have built up exposure to Bitcoin in October 2020. Source: https://cointelegraph.com/rss New Zealand retirement fund reportedly allocates 5% to Bitcoin

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Florida man escapes paying a $4.5M SEC penalty over a crypto Ponzi scheme

The founder of the Argyle Coin Ponzi scheme has escaped paying a $4.5 million penalty to the SEC for operating a “web of fraudulent companies.” Source: https://cointelegraph.com/rss Florida man escapes paying a .5M SEC penalty over a crypto Ponzi scheme

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Hedge FUD manager: Ray Dalio says ‘good probability’ of a US Bitcoin ban

The U.S. could repeat its 1930s ban on gold ownership but for Bitcoin. Source: https://cointelegraph.com/rss Hedge FUD manager: Ray Dalio says ‘good probability’ of a US Bitcoin ban