Tag Archives: fiat currency

Crypto Petro Competes With Bolivar

As of Monday, the Venezuelan cryptocurrency, the Petro, became the “mandatory accounting unit” of the state oil company PDVSA. And that’s just in time, since the fiat currency of the country, the Bolivar, is now being used as toilet paper … Continue reading

Posted in accredited investor, balance, Banking, Banks, checkbook, Crowd Fund Act, Crowd Funding At the Margins, Crowd Funding Platforms, fraud, Funding Portals, insufficient funds fees, Jobs, Legislative Intent | Tagged , , , , , , , , , , , , , , | Leave a comment

In A First, Fiat Currency Tied To A Cryptocurrency

A sign of desperation or genius? Venezuela’s President Maduro, who is fighting against hyperinflation, has just done a major financial flip by tying the country’s fiat currency to the value of its “Petro” cryptocurrency. (Most “stable” cryptocurrencies are tied to … Continue reading

Posted in accredited investor, balance, Banking, Banks, CFTC, Congress, Crowd Fund Act, Crowd Fund Act of 2012, Crowd Funding At the Margins, Crowd Funding Platforms, fraud, Investments, Jobs, Legislative Intent, review, technology | Tagged , , , , , , , , , , , , | Leave a comment

Crypto Bank Questioned

There are about $216 Billion worth of cryptocurrencies in circulation (according to the Wall Street Journal) and of that, about $3 Billion is in the cryptocoin Tether. A major reason for this is that Tether claims to be backed by … Continue reading

Posted in accredited investor, balance, Banking, Banks, CFTC, checkbook, Congress, Crowd Fund Act, Crowd Fund Act of 2012, Crowd Funding At the Margins, Funding Portals, Investments, Jobs, Legislative Intent, review, SEC, technology, VC, Venture Capital | Tagged , , , , , , , , , , , , , , | Leave a comment

Israel Finds Crypto-Currency Not A “Security”

The Israel Securities Authority Committee for the Examination and Regulation of Initial Coin Offerings has ruled that ““cryptocurrencies that are designed to be used exclusively as a medium of payment, clearing, or exchange and are not limited to a specific … Continue reading

Posted in accredited investor, balance, Broker dealers, CFTC, checkbook, Congress, Crowd Fund Act, Crowd Fund Act of 2012, Crowd Funding At the Margins, Crowd Funding Platforms, Funding Portals, Investments, Jobs, Legislative Intent, review, SEC, Small Business, technology, VC, Venture Capital, Wall Street | Tagged , , , , , , , , , , , , , , , , , , , , | Leave a comment

Crowdfunding ICO With Mystery Partner

Would you invest in a company that MAY have a “mystery partner”? Under the Securities Act of 1933, investors are entitled to “full and fair disclosure” about the company offering the securities. But when a company is crowdfunding for “donations” … Continue reading

Posted in accredited investor, balance, CFTC, Congress, Consumer Financial Protection Bureau, Crowd Fund Act, Crowd Fund Act of 2012, Crowd Funding At the Margins, Crowd Funding Platforms, fraud, Funding Portals, Investments, Jobs, Legislative Intent, States, technology, VC, Venture Capital | Tagged , , , , , , , , , , , , , , , , , , | Leave a comment

Crypto Exchange Volume Being Falsified

“Slippage” is a measure of the liquidity of digital assets by selling $50,000 worth of each asset across various exchanges to see the effect of the sales on the price of the asset. It was used by crypto trader Sylvain … Continue reading

Posted in accredited investor, balance, Banking, checkbook, Crowd Fund Act, Crowd Fund Act of 2012, Crowd Funding At the Margins, Crowd Funding Platforms, discrepancies, fraud, Funding Portals, Legislative Intent, review, SEC, technology, VC, Venture Capital | Tagged , , , , , , , , , , , , , , , , , | Leave a comment

Terrorists Using Crypto-Currencies

“Donate anonymously with Cryptocurrency” and that’s the issue as the appeal is often coming from ISIS and other jihadists typically through the message app Telegram. Money laundering laws world wide have increasingly been focusing on “know your customer” and trying … Continue reading

Posted in accredited investor, balance, Banks, CFTC, checkbook, Congress, Crowd Fund Act, Crowd Fund Act of 2012, Crowd Funding At the Margins, Crowd Funding Platforms, deposits, discrepancies, fraud, Funding Portals, review, SEC, technology, VC, Venture Capital | Tagged , , , , , , , , , , , , , , , , , , , | Leave a comment