financial regulation
08/31/2017
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By Russel Davis
SEC crackdown on Bitcoin accelerates with de-listing of publicly-traded Bitcoin capital firm, accused of hyping the bubble
The U.S. Securities and Exchange Commission (SEC) recently issued a temporary freeze order on trading for the American Security Resources Corp. (ARSC), a publicly-listed bitcoin exchange company. This marks the third suspension in the month of August alone. SEC officials announced the suspension on August 24, Thursday. According to reports, the suspension will be effective until 11:59 am ET, September 8, 2017. […]
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