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2018-08-23T17:57:00-04:00 -

https://www.cnbc.com/2018/08/20/after-the-bitcoin-boom-hard-lessons-for-cryptocurrency-investors.html #bitcoin #cryptocurrency

I’m ‘financially ruined’: Cryptocurrency investors are crushed by losses of 70% or more

A teacher put $90,000 in cryptocurrencies, including a $25,000 loan. Her investments are now down about 90%. A financial analyst invested $100,000 of his savings. His investments are down 70%. The ...

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Smarty Soul

2018-06-14T17:26:17-04:00 -

https://www.cnbc.com/2018/06/14/bitcoin-is-crashing-heres-what-it-could-mean-for-stocks.html #bitcoin #cryptocurrency

Bitcoin is selling off this year. Here's what the decline could mean for stocks

To investors worried bitcoin's bursting bubble could spill over into equities, one market watcher says the crisis is contained.

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Bitcoin

2018-06-06T11:15:58-04:00 -

https://www.cnbc.com/2018/06/06/sec-chairman-clayton-says-agency-wont-change-definition-of-a-security.html #bitcoin #cryptocurrency #security #SEC

SEC chief says agency won’t change definition of a security to cater to cryptocurrencies

Jerry Anderson Very clear definition. SEC know what they are doing, even when it comes to cryptocurrencies or related securities, i.e. ICO. He also addressed the debate over which cryptocurrencies should fall under SEC jurisdiction.

"Cryptocurrencies: These are replacements for sovereign currencies, replace the dollar, the euro, the yen with bitcoin," he said. "That type of currency is not a security."

A token, or a digital assets used in a fundraising process known as an initial coin offering, or ICO, are ...Read More

Very clear definition.  SEC know what they are doing, even when it comes to cryptocurrencies or related securities, i.e. ICO.  He also addressed the debate over which cryptocurrencies should fall under SEC jurisdiction.

"Cryptocurrencies: These are replacements for sovereign currencies, replace the dollar, the euro, the yen with bitcoin," he said. "That type of currency is not a security."

A token, or a digital assets used in a fundraising process known as an initial coin offering, or ICO, are securities by Clayton's definition.

"A token, a digital asset, where I give you my money and you go off and make a venture, and in return for giving you my money I say 'you can get a return' that is a security and we regulate that," Clayton said. "We regulate the offering of that security and regulate the trading of that security."

Whether an asset is a security right now follows the "Howey Test." The ruling comes from a 1946 U.S. Supreme Court case that classifies a security as an investment of money in a common enterprise, in which the investor expects profits primarily from others' efforts.

Clayton made it clear in March that all ICOs constitute securities, and reiterated that Wednesday saying "if it's a security, we're regulating it." {*}

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- 2018-06-06T11:20:11-04:00

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Steven Hoo

2018-05-11T11:27:54-04:00 - - Edited

https://www.youtube.com/watch?v=5zyRpq2ODrE&t=1896s #Bitcoin #Facebook

Former Facebook Exec Chamath Palihapitiya On Social Media, Bitcoin, And Elon Musk (Full) | CNBC

Chamath Palihapitiya, owner of Golden State Warriors and former Facebook executive, addresses his recent comments on social media, his views on bitcoin, and his take on Tesla founder Elon Musk in a...

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I’m ‘financially ruined’: Cryptocurrency investors are crushed by losses of 70% or more

Bitcoin is selling off this year. Here's what the decline could mean for stocks

SEC chief says agency won’t change definition of a security to cater to cryptocurrencies

Former Facebook Exec Chamath Palihapitiya On Social Media, Bitcoin, And Elon Musk (Full) | CNBC

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