The Securities and Exchange Commission (SEC) says it hopes to put out guidelines and regulations for ICOs in 2019, BusinessWorld reported.

The push to regulate ICOs are part of the SEC’s natural push to regulate new financial products, but has been made more urgent by their key role in many scams. SEC chairperson Emilio B. Aquino noted:

“We want that out already because these are additional products. But at the same time [our concern is], some of the scams here are sa...

Square Crypto, the company’s crypto division, has been looking to hire, with its founder and Twitter CEO Jack Dorsey making the announcement in March. Dorsey stated that the company would hire 3-4 engineers and one designer. The team would work full-time on open-source contributions to the crypto ecosystem and could even work remotely.Steve Lee has become the first member of the team. Square Crypto announced its first employee on Twitter, describing him as someone who can “live up t...

In another cryptocurrency first, you can now secure loans against your Bitcoin BSV. Chicago-based DrawBridge Lending now offers BSV non-recourse loans with no margin calls. Not in the future but today, as DrawBridge CEO Jason Urban explains: “Recently, we loaned an entity a seven-figure sum secured by BSV and BTC posted with a third party regulated custodian. The interest rate on this transaction was 3%, well below standard market rates. We are able to lend the money at this rate by put...