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Digital currencies were pummeled Thursday, with bitcoin slipping below a psychologically significant level below $8,000. Bitcoin BTCUSD, -0.80% fell after Bloomberg reported that the Justice Department has launched a criminal investigation into potential price manipulation of bitcoin and other popular digital currencies. via Bitcoin tumbles after report says Justice Department launching price-manipulation probe – MarketWatch.
The SEC has seen higher-quality proposals for initial coin offerings as its officials have talked with more regulation-savvy advocates for the digital fundraising tools in the past few months, an agency official said May 23. Entrepreneurs behind ICOs now often are using regulatory lawyers who can help them have better interactions with the Securities and […]