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SEC blocks restaurant app’s ‘initial coin offering’


Federal regulators clamped down on an “initial coin offering” from a restaurant review app, saying the company failed to register its digital coins as securities. In a move that signals how the Securities and Exchange Commission aims to police a recent deluge of so-called ICOs of bitcoin-like cryptocurrencies, the SEC stopped a Yelp-like app called...
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Source: New York Post


20:22, December 11, 2017 Kevin Dugan

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