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Blockchain Mania Sweeps China's Stock Exchanges
China’s Shenzhen Exchange has announced its intention to crack down on businesses misleading investors by seeking to associate themselves with so called “distributed ledger technology”, or “blockchain”.
The crackdown appears to comprise a response to Zheijiang Enjoyor Electronics Co. Ltd’s recent spike in share price that followed a blockchain-related announcement on Wechat approximately one week ago. The announcement claimed that an affiliate company of Enjoyor Electronics had entered into a partnership with a forensic sciences center based in Zhengjiang which will see the launch of what the company described as the world’s first blockchain-based electrical data forensic certificate. The announcement triggered an immediate spike in the price of Enjoyor Electronics’ stock – reaching its 10% trading limit.
https://news.bitcoin.com/chinese-stock-exchanges-crack-down-on-companies-falsely-claiming-blockchain/
Cryptocurrency Addresses to be Added to the U.S. Sanctions List
This week the U.S. Treasury Department issued guidelines on how the Office of Foreign Assets Control (OFAC) could add cryptocurrency addresses to the country’s sanction list.
Read more here:
https://news.bitcoin.com/u-s-treasury-plans-to-add-cryptocurrency-addresses-to-the-sdn-list/
Hong Kong’s Securities and Futures Commission (SFC) has halted Black Cell Technology Limited from issuing its initial coin offering (ICO) in Hong Kong. Black Cell has agreed to distribute refunds to Hongkong Investors
By Samuel Haig
Hong Kong Regulator Halts ICO
Bitcoin.com Mining
Hong Kong’s Securities and Futures Commission (SFC) has halted Black Cell Technology Limited from issuing its initial coin offering (ICO) in Hong Kong. Black Cell has agreed to distribute refunds to Hong Kong-based investors.
https://news.bitcoin.com/hong-kong-securities-and-futures-commission-halts-black-cell-ico/
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Interesting and informative!
You are welcome @aghunter
Am yet to fully grasp the world of ICO
It keeps changing color like the chameleon